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Ratan Tata responds on Demonetization

By:  Tupaki Desk   |   25 Nov 2016 9:09 AM GMT
Ratan Tata responds on Demonetization
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India's leading industrialist Ratan Tata has come in support of demonetization. He described it as a bold move that can wipe out black money and corruption. 'It deserves our support,' he wrote.

Ratan Tata, however, feels implementation of demonetization is causing great hardships to the common man. He particularly mentions about people facing troubles in cases of medical emergencies and medication at hospitals in rural India.

The Tata Sons Chairman says cash crunch worries common man as they weren't able to meet daily expenses which include household needs. He advised Government to implement special relief measures that we usually see when there is a national calamity to help the poor. He believes such steps would be appreciated by the people and gives them an assurance that Government cares for them.

People were appreciating the concern shown by Ratan Tata towards of the common man. He welcomed demonetization even though shares of Tata Group dropped post Nov 8th and his organization incurred a loss of several thousands of crore. Salute to the Great Man!