Mann ki Baat: I’m confident India will succeed in demonetisation move, says PM

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New Delhi, Nov 27, 2016: Addressing his monthly radio programme ’Mann ki Baat’, Prime Minister Narendra Modi said on Sunday that India would emerge from demonetisation move like glittering gold from fire.

"I have said that demonetisation decision is huge and it will take minimum 50 days to overcome from it," PM Modi said, adding, "I’m confident India will succeed in this."

 

On people facing cash crunch, he said, "I understand your problems but for a disease which has infected our country for 70 years, treatment can’t be simple."

"A few people are stilling looking for ways to convert their black money into white, using poor people for this. Don’t play with lives of poor by depositing illegal money into their accounts," PM Modi told unscrupulous elements.

Giving an example of how people have been helping each other in hour of need, PM Modi said, "A hotel in Maharashtra’s Akola has put up hoardings allowing people to avail food even if they don’t have money post demonetisation."

"Sowing of crops has risen compared to last year, farmers have found ways out of difficulties. I invite small traders to adopt cashless economy as it will bring about a huge transformation in the country," he said.

"I know that you support this decision, also know that you are contributing a lot to make this a success. I know cashless economy is different. Why not move towards a less-cash society. Youth are agents of change, he said and asked each of them to bring ten families into cashless economy by teaching various tools available," he appealed.

PM Modi emphasised, "I took this decision for the country’s poor, farmer, labour, deprived and for those who are suffering. Workers are not paid minimum wages, get less than written on paper. Opening bank accounts will help solve this problem."

"There has been 300% increase in the use of Rupay card since poor people started using it, it is as simple as sending a WhatsApp. I want to urge men and women in small businesses that the time is right, you too enter the digital world. Common man will be trouble free if they are made aware of the digital financial transaction options, youths can do this quickly," he said.

"I invite you all to not only support me but be a soldier of change and achieve it. We will fight to free India from corruption and black money," PM Modi reiterated.