Founder of Microsoft and great businessman, Bill gates praised Modi government for the decision of demonetization. He said the decision of central government will help the nation in abolishing shadow economy and the country would be able to proceed towards cashless economy. In the second series of lectures of Transforming India organised by NITI Ayog, Gates talked about various important issues as well.

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Focusing on the importance of technology, Gates said that he strongly believes in technology. But technology can only be powerful if its users are strong. For regulations and system also technology is very beneficial. Technology can only be long lasting when there will be stability in the world where it exists.

Considering the efforts of India, he said that whatever efforts the country is making no other nation has ever tried that. India surely knows how many hurdles and challenges it has to overcome. Other than this government here is also bound to face such problems.

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