▁it ▁would ▁help ▁cur b ▁black ▁money . ▁Business men ▁An and ▁Mah ind ra ▁( M ah ind ra ▁Group ), ▁S aj jan ▁J ind al ▁( JS W ▁Group ), ▁K unal ▁B ahl ▁( S nap de al ▁and ▁Free Char ge ) ▁also ▁supported ▁the ▁move ▁adding ▁that ▁it ▁would ▁also ▁acceler ate ▁e - commerce . ▁Inf os ys ▁founder ▁N . ▁R . ▁Nar ay ana ▁Mur thy ▁pra ised ▁the ▁move . ▁ ▁Deep ak ▁P are kh ▁( Ch air man ▁of ▁H DF C ) ▁had ▁initially ▁appreciated ▁the ▁decision ▁of ▁demon et isation , ▁but ▁later ▁said ▁that ▁the ▁move ▁had ▁der a iled ▁the ▁economy , ▁and ▁expressed ▁ske ptic ism ▁about ▁its ▁outcome . ▁Indust rial ist ▁Raj iv ▁B aj aj ▁critic ised ▁demon et isation , ▁saying ▁that ▁not ▁just ▁the ▁execution , ▁but ▁the ▁concept ▁of ▁demon et isation ▁was ▁wrong ▁in ▁itself . ▁ ▁Political ▁re actions ▁ ▁Indian ▁National ▁Congress ▁sp ok esp erson ▁R ande ep ▁Sur j ew ala ▁wel com ed ▁the ▁move ▁but ▁remained ▁ske pt ical ▁on ▁the ▁consequences ▁that ▁would ▁follow . ▁Chief ▁Minister ▁of ▁Bi har ▁N it ish ▁K umar ▁supported ▁the ▁move . ▁The ▁demon et isation ▁also ▁got ▁support ▁from ▁the ▁then ▁Chief ▁Minister ▁of ▁And h ra ▁Pr adesh ▁N ara ▁Ch and rab ab u ▁Na id u . ▁Form er ▁Chief ▁E lection ▁Commission er ▁of ▁India ▁S . ▁Y . ▁Q