Minister of State for Civil Aviation Jayant Sinha has termed the demonetization move as re-monetization, that would help in the transformation of the nation.<br/><br/>In his lecture in the Southern Chamber of Commerce and Industry in Chennai this evening, he said the move would bring more money into the banking system, expand tax base, control parallel economy involving huge black money and fake currencies and give massive boost to cashless digital economy.<br/><br/>Mr Sinha said the move is a prime mover for transforming the nation to a new normal. He said transforming India requires bold initiatives and the Prime Minister is bold enough to take such measures.