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

Mumbai`s stalled building projects: Is self-redevelopment the real solution?

Land in Mumbai city, which is surrounded by water on three sides, is scarce and has a premium. Property prices in certain areas of financial capital of the country are as much as Rs 1 lakh per sq ft. Yet, 5,800 buildings have been lying in a stalled condition for the last 18 years. Meanwhile

Revadi, electoral reforms and fiscal responsibility

Revadi (sweetmeat) or more popular word, ‘freebies’, has been dominating headlines recently. A public interest litigation (PIL) has been filed in Supreme Court to bar all political parties from making such promises. In response, one leading political party, Aam Aadmi Party (AAP), has filed thei

Jal Jeevan Mission: 6.70 crore households provided with tap water connections

Since August 2019, Government of India, in partnership with States, is implementing Jal Jeevan Mission (JJM) to make provision of potable tap water supply every rural household by 2024. As many as 6.70 crore households have been provided with tap water connections in the 35 months, since Aug

Cloud inclusivity: Ensuring highly regulated organisations are ready for a cloud-first world

Over the last few years, cloud has been able to create a special place for itself amongst fast moving, competitive and growth-led organisations. As the technology became an imperative, it has undoubtedly created unique business opportunities and isbecoming an anchor for innovation for leading businesses gl

1.29 crore voters chose NOTA in five years

None-of-the-above, or NOTA – the option introduced for voters in 2013 when they don’t want to support any of the candidate – has made some progress. In the past five years, NOTA has secured 1,29,77,627 votes in state assembly elections and Lok Sabha election, according to an analysis by t

India committs to reduce Emissions Intensity of GDP by 45% by 2030

India stands committed to reduce Emissions Intensity of its GDP by 45 percent from the 2005 level by 2030 and achieve about 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030. The country’s India’s updated Nationally Determined Contributi

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter