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Money from unknown sources funded terrorism: Singh

Srinagar: Stating that demonetising currency notes of Rs 500 and 1000 would help curb the menace of terrorism, Union Minister of State in the PMO Jitendra Singh today said there were inputs that to fund and fuel terrorism in the country money used to flow from unknown sources.

“The decision (to demonetise Rs 500/1000 currency notes) is very important and at times such inputs have been received that to fund and fuel terrorism, money flow came from unknown sources and some people had to say that in Pakistan they don t publish as much of their own currency as much they publish Indian currency,” Singh told reporters on the sidelines of a RSS function here today.

On reports that people were facing hardships while standing in long queues outside ATMs and banks to withdraw the money, Singh said that people of the country have welcomed the decision of Prime Minister Narendra Modi despite facing little hardships.

“I don t feel there is anything like this, the countrymen are fully cooperating, and the people who are standing in long queues say that though they face little hardships but they want to contribute as they are satisfied with the decision taken by the prime minister as they are convinced that the decision has been taken in the larger interest of the country and its economy,” Singh said.

He said the decision has been taken to strengthen the security and the economy of the country.

“I feel the Finance minister has clarified it and has said that slowly the situation will improve and the satisfying fact is th