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

    Parliamentary Secretary Row: Target Me, Not Delhi's People, Kejriwal Tells Modi

    "Don't try to stop the good work being done in Delhi," he added.

    Parliamentary Secretary Row: Target Me, Not Delhi's People, Kejriwal Tells Modi

    Congress Leader Kamal Nath Resigns As Punjab Affairs In-Charge

    Congress Leader Kamal Nath Resigns As Punjab Affairs In-Charge
    I may be relieved of my charge to ensure that the attention is not diverted from real issues facing Punjab

    Congress Leader Kamal Nath Resigns As Punjab Affairs In-Charge

    Bihar Minister Addresses Smriti As 'Dear', Triggers Verbal Duel

    Irani objected to Chaudhary's tweet when he taunted her about the new National Education Policy's progress.

    Bihar Minister Addresses Smriti As 'Dear', Triggers Verbal Duel

    Hindu Outfit Celebrates Donald Trump's Birthday In New Delhi

    Hindu Outfit Celebrates Donald Trump's Birthday In New Delhi
    US presidential candidate Donald Trump, who turned 70 on Sunday, received birthday wishes from thousands of miles away in New Delhi.

    Hindu Outfit Celebrates Donald Trump's Birthday In New Delhi

    Gopal Rai Quits As Delhi Transport Minister

    AAP leader Gopal Rai said on Tuesday he had quit as Delhi's Transport Minister on health grounds but denied it had anything to do with corruption charges hurled at him.

    Gopal Rai Quits As Delhi Transport Minister

    Kejriwal Targets Modi; Bjp, Congress Want 21 Aap MLAs Disqualified

    Kejriwal Targets Modi; Bjp, Congress Want 21 Aap MLAs Disqualified
    Our Parliamentary Secretaries don't get a penny, still everyone is after them and Modiji wants to disqualify them. If he wants to disqualify, then all the Parliamentary Secretaries in the country should be disqualified

    Kejriwal Targets Modi; Bjp, Congress Want 21 Aap MLAs Disqualified