The Global Organization of People of Indian Origin (GOPIO) president Niraj Baxi wrote a letter to India's Finance Minister Arun Jaitley, to express their support to government of India's desire to curb terrorist funding and black money by banning Rs 500 and Rs 1000 rupee notes.
Baxi said that, "It is a bold decision by Prime Minister Modi and we fully support him." However, the organization also conveyed its concerns on behalf of the NRI and PIO community.
GOPIO is the largest organisation that looks after the well-being of the NRIs and PIOs living outside India. It is a 'non-partisan, secular global organization engaged in promoting their well-being and enhancing cooperation and communication between Indians living in different countries'.
GOPIO has received numerous calls and emails from NRIs and PIOs regarding withdrawal of higher currency, since Prime Minister Narendra Modi announced demonetisation.
Dr Thomas Abraham, Chairman of GOPIO International, said that, "NRIs and PIOs should be allowed to exchange whatever amount they have as long as they show the proof of past conversion of foreign currency to Indian currency in the last 10 years."
GOPIO is the largest organization which looks after the well-being of the NRIs and PIOs living outside India. It is a non-partisan, secular global organization linked in promoting their well-being and enhancing communication and cooperation between Indians living in different countries across the world.