Defence Minister Manohar Parrikar on Tuesday said that PM Narendra Modi’s bold move to demonetize big currency notes have felt a great positive effect on the valley. There has been no stone pelting on security forces and terror funding has come down to zero.
Parrikar thanked Modi for this “daring” decision which also helped to crack down narcotic drugs.
The defence minister at an event organized by BJP MLA Atul Bhatkhalkar said, “Earlier, there were rates: Rs 500 for stone pelting (on security forces in Kashmir) and Rs 1,000 for doing something else. PM has brought terror funding to zero.” He congratulated Modi, said that after PM’s ‘daring move’ there hasn’t been stone pelting on security forces.
Mr. Parrikar stated, “Whether it’s border security or economic security, PM Modi has taken daring decisions. Whatever is being done, our jawans on the border are doing it. I and PM are just supporting it.”
Parrikar also said that in the next Brihanmumbai Municipal Corporation elections, nobody will have the power to bribe voters without naming the Shiv Sena.
Earlier, News Agency ANI quoted MHA sources which said that separatist instigated violence in the valley has been declined after the demonetization.
BJP’s Jammu and Kashmir chief spokesperson Sunil Sethi alleged that Union government’s demonetization move has put a nail in the coffin of separatism and militancy in the valley.
Separatist groups instigated violence in Kashmir is largely funded by the fake currency notes which are coming from across the border. Earlier, the intelligence sources informed the government and the RBI about a mint in Peshawar where fake currency notes were printed, especially big notes 500 and 1000.
ISI, Pakistan’s intelligence agency manages the mint. Organized networks run by the clients like Dawood Ibrahim, LeT and international criminal networks which push fake currency into India uses the mint.
A few years ago, intelligence agencies claimed that Pakistan machinery had achieved “zero-error counterfeit capability” in printing fake Indian currency.
According to a report in Times of India, it will be impossible for Pakistan to counterfeit new currency notes because of its security features.