Demonetisation done at the right time: Modi -Governance Now

Demonetisation done at the right time: Modi

We do not see everything from the prism of elections, said Modi

GN Bureau | February 7, 2017

#Narendra Modi #demonetisation

Prime minister Narendra Modi on Tuesday defended the decision to scrap Rs 500 and Rs 1,000 currency notes, saying demonetisation took place at the right time to rid the Indian economy of black money.

Speaking in the Lok Sabha in reply to motion of thanks to the president's address, Modi said that like Swachh Bharat, the decision on demonetisation is a movement to clean India from corruption and black money.

“When can you have an operation? When the body is healthy. The economy was doing well and thus our decision was taken at the right time,” he said.

Read: Demonetisation will not have a big bang impact: Experts

The prime minister added: “We do not see everything from the prism of elections. The interests of the nation are supreme for us.”

Read: Elections 2017 D-day: March 11 is the counting day

“My fight is for the poor and giving the poor their due. This fight will continue,” said Modi.

He said that there is a need to “understand and appreciate the inherent strength of our people and take India to newer heights. Faith in Jan Shakti will give results. Somewhere on the way, 'Jan Shakti' was forgotten. We do not accept this.”

He went on to say that surgical strike was a big decision but no one is questioning about it like they do about demonetisation.

The prime minister also said that budget 2017 is benefitting 96 percent of the population.

He also said that state polls and the parliamentary elections should be held together.

Read: Possibilities and challenges of simultaneous elections

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