1. Demonetistion: Our strategy denied black money holders the opportunity to make mischief, says PM Narendra Modi

Demonetistion: Our strategy denied black money holders the opportunity to make mischief, says PM Narendra Modi

PM Narendra Modi banned the Rs 500 and Rs 1000 notes on November 8 and substituted them with a new Rs 500 and Rs 2000 note.

By: | New Delhi | Updated: November 25, 2016 10:23 AM
Comman man in the country have become soldier in the fight against black money, he says. (ANI) Comman man in the country have become soldier in the fight against black money, he says. (ANI)

Prime Minister Narendra Modi today hit out at the Opposition parties which have constantly questioned government’s implementation on demonetisation on November 8. After the decision, people across the country are seen standing in long queues in ATMs and banks in order to either withdraw or deposit cash. Even after three week most banks and ATMs are running out of cash almost on daily basis.

The prime minister, who had asked the people to deposit old currency notes of Rs 500 and Rs 1,000 till December 30, while speaking in the Parliament House Annexe on occasion of Constitution Day said that the government is being criticised for not being fully ready for the implementation of the step, while the fact remains it didn’t give time for black money holders in the country to prepare.


Stressing that common man in the country have become soldier in the fight against black money, the PM said that everyone has the right to use their hard earned money. With the world changing money is not just available in cash, therefore it’s time to move towards cashless economy , he added.

While speaking about the Constitution Day, the prime minister said that the nation celebrates Republic Day every year on January 26, but without November 26, the day is incomplete.

The prime minister, while remembering Dr Babasaheb Ambedkar, the prinicipal architect of India’s constitution, said that it is was important to stay connected with the spirit of the Constitution and not only to remain aware of various articles of it.

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