Bill Gates Calls Demonetisation A Bold Move By PM Modi, Says It Will Kill Shad...

Prime Minister Narendra Modi has got some international support for his decision on demonetisation as Microsoft founder Bill Gates said that it is a bold move by the government.

According to Gates replacing old currency with new notes with high security features was an important step to move away from the shadow economy to a more transparent economy.Gates argued that India needed to develop an innovation ecosystem to build products for the future and meet the challenges facing the world. "The world is looking to India not just to solve its problems but to address global challenges through innovation," Gates said, delivering a speech for the 'NITI-Lectures series: Transforming India' in the presence of PM Narendra Modi and his Cabinet colleagues.He said India had a government that was committed to solving its big problems. Pointing out the Digital India and MyGov initiatives, he said much more could be done to streamline the delivery of public services by investing in the digital infrastructure that enables better planning, performance monitoring, and grievance redressal.

Source : Times of India