Mon, Feb 27, 2017 | updated 02:45 AM IST

PM Modi has given effective direction to establish transparent democratic system: Advani

Updated: Nov 09, 2016 16:35 IST

New Delhi [India], Nov. 9 (ANI): Lauding Prime Minister Narendra Modi for demonetizing 500 and 1000 rupee notes in a crackdown against corruption and black money, senior Bharatiya Janata party (BJP0 leader L.K. Advani on Wednesday said the former has given an effective direction to the need to establish an accountable, transparent democratic system which is sensitive to the common man and is free from corruption.

"I congratulate Narendra Modi for taking the bold and decisive step towards dealing with the problem of black money-a commitment and resolve that the BJP has always striven for.The Prime Minister has given an effective direction to the need to establish an accountable, transparent democratic system which is sensitive to the common man and is free from corruption," Advani said in a statement.

Advani also urge the citizens to support this initiative to make India even greater.

Yesterday in a surprise televised address, Prime Minister Modi said that for humanitarian reasons, for the first 72 hours, which is till midnight on 11th November, government hospitals will continue to accept five hundred and thousand rupee notes for payment.

Pharmacies in government hospitals will also accept these notes for buying medicines with doctors' prescription.

Also till midnight on November 11, railway ticket booking counters, ticket counters of government buses and airline ticket counters at airports will accept the old notes for purchase of tickets.

Also at Petrol, diesel and CNG gas stations authorised by public sector oil companies Consumer co-operative stores authorised by State or Central Government, Milk booths authorised by State governments, Crematoria and burial grounds.

The Reserve Bank has issued new series of notes for 500 rupees and 2,000 rupees denomination with improved features and newer sizes.

The RBI said, 2,000 rupees note, which is a first under the denomination, will be called as the 'Mahatma Gandhi (New) Series' and has a design of the low-cost mission to Mars, the Mangalayan, on the reverse. It said, the base colour of the note will be magenta.

The RBI said, the new design in the 500 rupee denomination will be in a different colour, size, theme, design and location of security features, it said.

The note, will be in a stone grey colour and the predominant theme will be Delhi's Red Fort. Both the designs of 500 rupees and 2,000 rupees, will be very friendly towards the visually-impaired by having features which make it accessible for all sections. (ANI)

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