With political meaning being derived from his stand on demonetisation which is different from those of Congress, RJD and other non-BJP parties, Kumar said he has taken a principled stand as in his opinion scrapping of high value bank notes would help in diluting black money. (Source: File) With political meaning being derived from his stand on demonetisation which is different from those of Congress, RJD and other non-BJP parties, Kumar said he has taken a principled stand as in his opinion scrapping of high value bank notes would help in diluting black money. (Source: File)Bihar Chief Minister Nitish Kumar on Saturday said he has taken a principled stand on demonetisation as he is convinced that the step will help fight black money and laughed off reports of his meeting with BJP President Amit Shah as background to his support. “I support demonetisation as I’m convinced that it will help in the fight against black money,” Kumar said addressing a function to mark Prohibition Day in Patna. “Will those hoarding black money be able to deposit the entire volume in bank accounts?

Source: Indian Express November 26, 2016 11:05 UTC