The reactions coming from several quarters after PM Modi’s decision to discontinue Rs 500 and Rs 1000 notes have found appreciation in the form of President Pranab Mukherjee who has “welcomed bold step of Government of India which will help unearth unaccounted money & counterfeit currency” said the office of the Prsident via tweeter.
President Mukherjee also called upon the people not to panic and follow govt guidelines for exchange of Rs 1000 and Rs 500 notes.
#PresidentMukherjee reminded people that all currency notes below RS 500 will continue as legal tender
— President of India (@RashtrapatiBhvn) November 8, 2016
President also urged the people to avail all opportunity that the government has provided for exchange of currency notes for a new legal tender.