Wednesday, December 31, 2025
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

    AAP Leaders To Meet Punjab Dgp In Malerkotla Desecration Case

    AAP Leaders To Meet Punjab Dgp In Malerkotla Desecration Case
    Allegin conspiracy by the SAD-BJP alliance in Punjab, the Aam Aadmi Party (AAP) said its leaders will meet Punjab Director General of Police Suresh Arora on Monday in connection with the desecration of the Quran in Malerkotla town.

    AAP Leaders To Meet Punjab Dgp In Malerkotla Desecration Case

    No Relief From Supreme Court To Dera Sacha Sauda Chief In Rape Case

    The Supreme Court on Friday declined plea by Dera Sacha Sauda chief, Sant Gurmeet Ram Raheem Singh seeking direction to CBI to provide more samples of hand-written pages by one of his erstwhile follower who has alleged that she was raped by him in 1999.

    No Relief From Supreme Court To Dera Sacha Sauda Chief In Rape Case

    Dhaka Terror Attack Victim Tarishi Jain Cremated In Gurgaon

    Dhaka Terror Attack Victim Tarishi Jain Cremated In Gurgaon
      The cremation was held at the Shiv Murti Cremation ground near IFFCO Chowk in Gurgaon's Sector 29 on the Delhi-Gurgaon expressway.

    Dhaka Terror Attack Victim Tarishi Jain Cremated In Gurgaon

    Arvind Kejriwal's Principal Secretary Rajendra Kumar Arrested In 50 Crore Scam

    Arvind Kejriwal's Principal Secretary Rajendra Kumar Arrested In 50 Crore Scam
    The CBI on Monday arrested Rajendra Kumar, principal secretary to Delhi Chief Minister Arvind Kejriwal, for allegedly misusing his official position and facilitating tenders worth Rs 9.5 crore to a particular company.

    Arvind Kejriwal's Principal Secretary Rajendra Kumar Arrested In 50 Crore Scam

    Punjab Teenager Shoots Mother For Refusing Money For Drugs

    Punjab Teenager Shoots Mother For Refusing Money For Drugs
    According to the initial probe, the teenager fatally shot his mother Kulwinder Kaur with his father's licensed gun in Kot Dharmu village.

    Punjab Teenager Shoots Mother For Refusing Money For Drugs

    6-Year-Old Indian Girl Clings To Life For 11 Hours After Dad Throws Her In River

    6-Year-Old Indian Girl Clings To Life For 11 Hours After Dad Throws Her In River
    The temptation of new shoes promised by her father was too much to resist for an unsuspecting six-year-old, who accompanied him, only to be thrown into the Ulhas river by him and his friend.

    6-Year-Old Indian Girl Clings To Life For 11 Hours After Dad Throws Her In River