Wednesday December 14, 2016
05:25 PM GMT+8

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Narendra Modi recently introduced a radical demonetisation policy, which saw India ban the 500 rupee and 1,000 rupee notes overnight in an attempt to eradicate black money. — Reuters picNarendra Modi recently introduced a radical demonetisation policy, which saw India ban the 500 rupee and 1,000 rupee notes overnight in an attempt to eradicate black money. — Reuters picKUALA LUMPUR, Dec 14 ― Prime Minister Datuk Seri Najib Razak today heaped praise on Indian Prime Minister Narendra Modi for being a “good reformist”.

During a brief exchange between both leaders during the Asian Business Leaders Conclave here, Najib said that Modi had attempted something that “lesser mortals” would not.

Modi recently introduced a radical demonetisation policy, which saw India ban the 500 rupee and 1,000 rupee notes overnight in an attempt to eradicate black money.

“I must congratulate you for being a good reformist. You have done what lesser mortals would not have attempted,” Najib said while addressing Modi, who participated in the conclave via a video conference session.

“If you are courageous enough to implement reforms, you will reap the rewards,” he added.

Najib will be visiting India next year as both countries continue to strengthen bilateral ties, following Modi's visit to Malaysia last year.

Modi meanwhile expressed his confidence that Malaysia will achieve developed nation status by 2020 under Najib's leadership.

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