Patna: Demonetisation is positive effort to free the society of ills, says Governor Ramnath Kovind

Stressing that every section of the society is affected by black money and corruption, Bihar Governor Ramnath Kovind on Thursday said demonetisation is a"positive effort" to free the society of the ills.

"Demonetisation is a positive effort in the directionto free the society of black money and corruption," theGovernor said at the annual function of Bihar Chamber and Commerce.

"As a result of demonetisation, weaker section of the society would get relief while the financial and tradeactivities would get a boost through greater transparency themeasure would bring in," he said in his address as Chief Guest.

The governor stressed on branding of Bihar for industrial development of the state. He appealed to the Chamber to present a "road map" toboost industries in Bihar to the government.   

Kovind said that Bihar which primarily has anagriculture-based economy holds tremendous potential in thefield of industries related to food processing.

Bihar Industries minister Jai Kumar Singh said that the government paid special attention to suggestions made by the leading trade and commerce body in drafting its "growth-oriented" Industrial policy.