Rajya Sabha MP Mary Kom backs government's demonetisation move

Olympic bronze-medallist boxer and Rajya Sabha MP M C Mary Kom supported the government's decision to demonetise 500 and 1000 rupee notes, saying the move will stall the juggernaut of corruption.

"I am with Prime Minister Modiji in his endeavour to check black money and corruption. This will do good to the people and the country by stalling the juggernaut of black money and corruption," she told reporters after unveiling ‘Run for Happy Schools’ theme for Bengaluru Midnight Marathon (BMM) on Tuesday.

BMM is the flagship fund-raising event conducted by Rotary Bangalore IT Corridor. It aims to create a platform to raise funds for health, education, social welfare and rural enlistment projects.

Mary Kom said the demonetisation has brought out large amount of black money in possession of "shady people".

"This step of the Prime Minister has brought out in the open the huge proportion of the black money possessed by shady people," she said.

Replying to a query, Mary Kom said the hardships and difficulties people are facing standing in serpentine queues at the ATMs and banks, is a temporary issue.

"Yes people are facing problems and hardships, but that will be for a brief period. This also is an experience in itself. It teaches people how to handle such situations," she said.