Prime Minister Narendra Modi with Bill Gates during a meeting in New Delhi on Wednesday. (Source: PTI) Prime Minister Narendra Modi with Bill Gates during a meeting in New Delhi on Wednesday. (Source: PTI)Lauding Prime Minister Narendra Modi’s demonetisation decision, Microsoft founder Bill Gates has said it is a “bold move” and will deflate India’s shadow economy. Watch What Else Is Making News“The Prime Minister’s bold move to demonetise high-value denominations and replace with new notes with high security features is an important step to deflate India’s shadow economy,” Gates said. Besides the huge toll this takes on children and their families, malnutrition takes a toll on the economy, he added.

Source: Indian Express November 17, 2016 12:13 UTC