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

Comments

 

Other News

Stories to read over the weekend

At one time these pale rooms of the Delhi commission for women looked like sleepy corners of officialdom; they are now best described as a bustling sarkari office. The woman who transformed this moribund organisation hardly looks like a powerful leader. Dressed in casual blue jeans and loose deni

Tata Trusts, PFA to build state-of-the-art veterinary hospital

Tata Trusts and People For Animals (PFA) announced their collaboration to build a state-of-the-art, multi-specialty veterinary hospital and emergency clinic at Navi Mumbai to serve the needs of all domestic and farm animals at affordable rates.   The hospital will be built in Kala

The shot just got smarter

A long queue of women, infants in their arms, extends outside the immunisation room at the community health centre (CHC) in Bhangel village, Noida, a pink double-storey building beside a bustling market. Unmindful of the chit-chatting and baby babble, Mariamma Samuel, an auxiliary nurse-cum-midwi

Do you think fugitive industrialist Vijay Mallya will be extradited from Britain to India?

Do you think fugitive industrialist Vijay Mallya will be extradited from Britain to India?

Reform first, privatise later: Bibek Debroy to railways

Before privatisation and corporatisation, the Indian Railways need to undertake major reforms including commercial accounting, decentralisation and human resource among others, said Bibek Debroy, economist and member, NITI Aayog at Railways Reforms and Governance Conclave organised by Governance Now on Fri

NTPC plans for 32 GW installed capacity via renewable sources

NTPC Ltd has raised Rs 2,000 crore through green masala bonds in overseas market under its $4 billion medium term note programme, union minister Piyush Goyal informed the Lok Sabha. The proceeds of these bonds will be used for financing renewable energy projects in accordance with applicable

Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter