Sri Sri Ravi Shankar appeals public to not panic after Rs 500 and Rs 1000 notes stand invalid

Spiritual leader and founder of the Art of Living Foundation, Sri Sri Ravi Shankar has released a message for the nation requesting everyone to not panic after demonetization of Rs. 500 and Rs. 1000 currency notes by the Narendra Modi-led government on Tuesday.

Statement from the spiritual leader said, "I request everyone not to panic. The demonetising of high value currency is good for the country. It will curb corruption, black money and terrorism.

"There is no need to worry. No one will lose their hard-earned money since the government has made provisions for exchanging the 500 and 1000 notes easily with other legal notes,” Statement added.

It further said, "This move from the government will only impact those who have hoarded money illegally. The government is taking all efforts to see that the common man is not inconvenienced. In fact, this decision has brought a sigh of relief for all of us who have been fighting corruption all these years.

Sri Sri Ravi Shankar also applauded PM Modi’s bold step to curb black money. He said, "I congratulate the PM for taking this bold move and ushering in Artha Kranti."