Close X
Wednesday, December 4, 2024
ADVT 
India

WATCH: In Emotional Speech, Modi Defends Currency Spike

Darpan News Desk IANS, 22 Nov, 2016 10:35 AM
    In an emotional speech to parliament members from his ruling BJP, Prime Minister Narendra Modi on Tuesday vehemently defended the demonetisation move, saying it was done for the benefit of the people.
     
    Addressing the BJP Parliamentary Party meeting here, Modi urged the members to counter what he called was "misinformation" being spread by the opposition parties on the demonetisation of Rs 500 and Rs 1,000 currency notes.
     
    "We came to power for the poor, not for our own sake," the Prime Minister said in his speech, according to Parliamentary Affairs Minister Ananth Kumar.
     
    "The poor, the lower middle class and middle class have been suffering since the last 70 years due to corruption and black money."
     
    "This decision is in favour of the people and against black money, corruption and counterfeit currency. Our target is fight a long battle against all these," said Modi, according to Ananth Kumar.
     
    According to sources, the Prime Minister said that demonetisation decision is just a "beginning of government's crusade against black money and corruption", and such type of actions will be continued.
     
     
     
    Sources also said that Prime Minister asked party leaders not to use the word "surgical strike" for demonetisation.
     
    "Don't call it a surgical strike. Only a soldier can do that," a source quoted Modi as saying at the meeting.
     
    Incidentally, BJP President Amit Shah, in his first reaction after demonetisation scheme was announced, had dubbed the move as surgical strike on black money and corruption.
     
    The BJP Parliamentary Party also passed a resolution backing the government's decision to spike the high value currencies. The resolution was moved by Home Minister Rajnath Singh.
     
    Ananth Kumar told the media: "The Parliamentary Party unanimously passed a resolution on the historical demonetisation decision of November 8."
     
    "The Parliamentary Party unanimously welcomes the historic announcement made by PM withdrawing the legal tender value of currency notes of Rs 500 and Rs 1,000 and compliments the Prime Minister, the government and the Reserve Bank Of India," the resolution said.
     
    "The parliamentary party is supremely confidant that this bold initiative will achieve the intended objectives cutting off financial support to terrorists and extremists organisations, address the problem of counterfeit currency besides checkmating unaccounted money in the system and serving as a serious warning to those indulging in corruption," it added.
     
    It also acknowledged the initiative as a national project of cleansing the system and of great significance that will usher in behavioural and attitudinal changes encouraging honesty in personal and public life, particularly political life.
     
     
     
    "This will benefit the poor and the common man in several ways. Over the last 70 years, common man has resigned to grudgingly accept the foul ways of these in power and close to power, to exploit the system and make ill-gotten wealth," it said.
     
    The resolution condemned "malicious efforts" of some political parties which are "desperate to provoke violence and chaos" having been rattled by the widespread support of the people to the government's initiative and bent upon disrupting the proceedings of Parliament on one pretext of the other".
     
    The BJP Parliamentary Party also hailed the common man for patience despite facing hardships.
     
    "They are queuing for a better India," the resolution said.

    MORE India ARTICLES

    Mahatma Gandhi's Kin, Ex-NASA Scientist Kanu Ramdas Gandhi, Battles Death In Penury

    Mahatma Gandhi's Kin, Ex-NASA Scientist Kanu Ramdas Gandhi, Battles Death In Penury
    Remember that energetic little boy who led his grandfather, Mohandas Karamchand Gandhi -- revered as Mahatma Gandhi worldwide -- holding his stick on the beaches of Gujarat's Dandi village during the historic Salt Satyagraha of March-April 1930?

    Mahatma Gandhi's Kin, Ex-NASA Scientist Kanu Ramdas Gandhi, Battles Death In Penury

    Kanhaiya Kumar Advocates Opposition Unity To Take On BJP

    Kanhaiya Kumar Advocates Opposition Unity To Take On BJP
    JNU student leader Kanhaiya Kumar, jailed earlier this year for 17 days on charges of sedition, is advocating an umbrella coalition of opposition parties to take on the BJP.

    Kanhaiya Kumar Advocates Opposition Unity To Take On BJP

    Akalis, AAP Protest In Punjab Over 1984 Riots

    Akalis, AAP Protest In Punjab Over 1984 Riots
    Targetting the then Congress leadership for its alleged complicity in the anti-Sikh riots of 1984, Punjab's ruling Shiromani Akali Dal and the Aam Aadmi Party (AAP) held protests on Thursday.

    Akalis, AAP Protest In Punjab Over 1984 Riots

    Amarinder Appointed Punjab Congress Election Panel Chief

    The Congress on Friday appointed Punjab unit chief Captain Amarinder Singh as chairman of its election eommittee in the state ahead of 2017 assembly elections.

    Amarinder Appointed Punjab Congress Election Panel Chief

    Sunburn music fest moves to new address on 10th Anniversary

    Sunburn music fest moves to new address on 10th Anniversary
    Early bird phase 2 tickets to go live today on www.bookmyshow.com

    Sunburn music fest moves to new address on 10th Anniversary

    Geeta's Parentage: Telangana Couple To Undergo DNA Test

    Geeta's Parentage: Telangana Couple To Undergo DNA Test
    Krishnaiah and his wife Gopamma, who have gone to Bhopal for the DNA test, feel that their daughter resembles, including birth marks, Geeta

    Geeta's Parentage: Telangana Couple To Undergo DNA Test