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Since the demonetisation of high currency notes, terror funding has come down to zero and there hasn't been stone-pelting on security forces, Defence Minister Manohar Parrikar said on Monday.
He thanked Prime Minister Narendra Modi for the "daring" move, which, he said, will also help clamp down on the narcotic drugs.
Parrikar spoke at an event organised in Mumbai by the BJP MLA Atul Bhatkhalkar.
Talking to reporters later, Parrikar said those who sponsor terror will be affected by the demonetisation.
Earlier, at the event, Parrikar said, "Bhatkhalkar did not tell me beforehand that he will felicitate me."
A citation was presented to Parrikar, which lauded his role in surgical strikes in Pakistan Occupied Kashmir. It also thanked him for providing relief to people affected by land development rules in the vicinity of Central Ordnance Depots.
He further added:
In the next Brihanmumbai Municipal Corporation elections, nobody will be left with power to bribe voters, Parrikar said, without naming the ally Shiv Sena, which has been critical of demonetisation.
(With inputs from PTI)
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