1. Venkaiah Naidu on demonetisation: ‘Short-term pain, for long-term gain’

Venkaiah Naidu on demonetisation: ‘Short-term pain, for long-term gain’

Naidu said that the trouble faced by people will end in some time, whereas the benefit of the demonetisation drive will have long-term effect on the economy.

By: | Fe Online | Updated: November 18, 2016 4:19 PM
venkaiah naidu, venkaiah naidu on black money, venkaiah naidu black money, black money venkaiah naidu, demonetisation venkaiah Naidu said that the trouble faced by people will end in some time, whereas the benefit of the demonetisation drive will have long-term effect on the economy. (Reuters)

Discussing demonetisation, Union Minister Venkaiah Naidu on Friday termed the current cash chaos as ‘short-term pain, for long-term gain’. Naidu said that the trouble faced by people will end in some time, whereas the benefit of the demonetisation drive will have long-term effect on the economy.  Attacking opposition for creating ruckus in Parliament over the issue, Naidu said that certain parties are trying to defame Prime Minister Narendra Modi in whatever way possible. “Some parties want to defame Modi, by hook or by crook,” he said in conversation with news channel CNN-News 18.

Naidu termed Ghulam Nabi Azad’s comparison of demonetisation deaths with Uri Attack as “atrocious”.  Naidu had on Thursday demanded an apology from entire Congress party after its Leader of the House Azad had said that the number of people died due to demonetisation drive is greater than that in Uri attack. The remarks were later expunged.

Earlier in an interview with PTI, the minister had said that Congress and its allies do not want Parliament to function and were shying away from a debate on demonetisation. He also said that the poor of the country are looking at Prime Minister Narendra Modi as “messiah” after the decision. Attacking the opposition as both the Houses faced adjournment due to pandamonium, the Information and Broadcasting Minister said Congress was “rattled” by smooth functioning of the Rajya Sabha.

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