Demonetisation to hit Maoists: police

The Chhattisharh police has claimed that Maoist activities are likely to suffer a major setback following the scrapping of Rs. 500 and Rs. 1,000 currency notes, as the ultras may find it difficult to dispose of their cash, apparently in hundreds of crores, concealed in insurgency–affected regions.

“As per intelligence inputs, the ban on higher currency has frustrated the Naxals and they may target ATMs, banks, post offices and other business establishments in near future, in the areas of their presence,” Special Director General of Police (anti—Maoist operations), D. M. Awasthi, said. “In view of it, security forces in all the districts, particularly those Naxal–affected, have been alerted and asked to enhance security of such establishments.” — PTI

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