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Rs 500, Rs 1,000 banned: Modi's idea brilliant, chorus business community on Twitter
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  • Rs 500, Rs 1,000 banned: Modi's idea brilliant, chorus business community on Twitter

Rs 500, Rs 1,000 banned: Modi's idea brilliant, chorus business community on Twitter

FP Staff • November 9, 2016, 10:59:15 IST
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Business community was gung-ho about government action .

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Rs 500, Rs 1,000 banned: Modi's idea brilliant, chorus business community on Twitter

The government’s move to ban Rs 500 and Rs 1,000 currency notes has received acclaim from Twitter. Business community lauded the government’s bold move with regard to the currency ban. [caption id=“attachment_2613900” align=“alignleft” width=“380”] ![Anand Mahindra, chairman, Mahindra & Mahindra. Reuters](https://images.firstpost.com/wp-content/uploads/2016/02/anand-mahindra_reuters.jpg) Anand Mahindra, chairman, Mahindra & Mahindra. Reuters[/caption] Anand Mahindra, Chairman and Managing Director, Mahindra & Mahindra, as his won’t tweeted a tongue-in-cheek remark:

Urgent message to anyone who robbed a bank tonight: You just got robbed...

— anand mahindra (@anandmahindra) November 8, 2016

Mohandas Pai, chairman, Chairman of Manipal Global Education termed the government’s action as a `surgical strike'.

Great move to demonetize 500/1000 notes, surgical strike against black money/ congrats @narendramodi @arunjaitley RT

— Mohandas Pai (@TVMohandasPai) November 8, 2016
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Ronnie Screwvala, entrepreneur and founder and former CEO, UTV spoke about India’s focus on Wednesday versus what was happening at the US.

Yes it's funny that USA is counting votes and India is counting notes :-)

— Ronnie Screwvala (@RonnieScrewvala) November 8, 2016

Brilliant and bold move - and with such confidentiality - if India can execute like this on all counts we are a super power @PMOIndia

— Ronnie Screwvala (@RonnieScrewvala) November 8, 2016

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Vineet Nayar, former CEO of HCL Technologies and Founder of Sampark Foundation, found the move a `brilliant’ attack on black money.

Fantastic initiative by govt to scrap INR 500/1000 notes. Timely and brilliant attack on black money.

— Vineet Nayar (@vineetnayar) November 8, 2016
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Naveen Jindal Chairman, Jindal Steel & Power wanted the government to be cautious.

Govt must ensure that withdrawal of 500 and 1000 re notes causes minimum inconvenience to public at large as it's a very big change ..

— Naveen Jindal (@MPNaveenJindal) November 8, 2016

Kiran Mazumdar Shaw Chairman and Managing Director, Biocon termed it a `brilliant’ strategy

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