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Business News » India

December 31: PM Modi addresses the nation on demonetisation's success

Prime Minister Narendra Modi will be addressing the nation at 7:30 pm on December 31, 2016. 

Sources say that PM Modi will talk about demonetisation's success and making India's into a less-cash society. 

On December 30, 2016, PM Modi launched UPI app called BHIM to enable digital currency transactions. 

As per sources, PM Modi is likely to announce steps that would make it easier to conduct digital transactions. Sources said that PM Modi may abolish charges currently applicable on digital transactions conducted through USSD.

ALSO READ: Here's what PM Modi is likely to announce on December 31

You can watch PM Modi's LIVE speech here on Zee Business. 

The Reserve Bank of India (RBI) on Friday asked all banks to email data on the money they collected on the last day of demonetisation drive, December 30, 2016, itself. 

PM Modi is likely to inform the country of the success of demonetisation and the total money that was deposited in bank accounts as on December 30, 2016. 

On December 15, 2016, RBI said that nearly Rs 13 lakh crore has been deposited in banks out of a total Rs 15.4 lakh crore that was demonetised. 

 

Latest Updates

Sat, December 31, 2016, 19:55 PM

33% more homes will be construct in rural India. 

Poor people will be at the centre of our new schemes. 

In 2017, people living in rural India who want to contruct homes or expand their homes, they will get 3% discount on interest of loans up to Rs 2 lakh. 

अब प्रधानमंत्री आवास योजना के तहत शहरों में इस वर्ग को नए घर देने के लिए दो नई स्कीमें बनाई गई हैं: PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

गरीब, निम्न मध्यम वर्ग, और मध्यम वर्ग के लोग घर खरीद सकें, इसके लिए सरकार ने कुछ बड़े फैसले लिए हैं: PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

Sat, December 31, 2016, 19:52 PM

Govt is working to bring new schemes for the people of this country. 

So many years since independence, yet Indians do not have access to even buying homes. 

So that poor people can buy homes, we have taken big decisions. 

 

Pradhan Mantri Awas Yojna: Poor will get homes in cities under two new schemes. 

 

In 2017, to construct homes, upto Rs 9 lakh loan or Rs 12 lakh discount on interest of 4% or 3% will be given. 

Sat, December 31, 2016, 19:48 PM

The money that was out of Indian economy is now back in Indian economy. 

It is proved that people who try to find ways out of this have nowhere to go now. 

Technology has helped a lot in this. 

Corrupt will have to come to the mainstream now. They have no option. 

Friends, bank employees have worked day and night to help in this demonetisation drive. 

People working in post offices, women bank officers, everyone has worked very well. 

Yes, few banks saw serious offences by bank officers. Some Govt officials were also caught red-handed. 

All these people will not be spared. 

Sat, December 31, 2016, 19:47 PM

Our one decision on demonetisation has done deep damage to the corrupt. 

Many youngsters are now leaving violence and coming back to mainstream. 

 

Sat, December 31, 2016, 19:45 PM

क्या आपको नहीं लगता कि देश की भलाई के लिए ईमानदारी के आंदोलन को और अधिक ताकत देने की जरूरत है : PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

ये सरकार सज्जनों की मित्र है और दुर्जनों को सज्जनता के रास्ते पर लौटाने के लिए उपयुक्त वातावरण को तैयार करने के पक्ष में है: PM

— PMO India (@PMOIndia) December 31, 2016

Sat, December 31, 2016, 19:40 PM

Only 24 lakh people in India accept that they earn more than Rs 10 lakh a year. 

You see big houses and cars around you. 

Look at big cities in India, you will see lakhs of people will income more than Rs 10 lakh a year. 

Don't you think we should give more power to the fight against corruption and black money? 

The question is now very valid: what will happen to the corrupt? 

Friends, law will do its work. 

However, the Govt must also make sure that the honest must be helped and protected. 

 

Sat, December 31, 2016, 19:37 PM

I know you had to stand in queues for hours to withdraw your own money from banks. 

I got many letters during this time. Many wrote their suggestions, shared pains. I noticed that in all those letters, you took me as one of your own.

The war against black money, you don't want to be behind even by one step. 

Your love is my blessing. 

My effort is to as fast as possible normalise banks. 

Govt has told banks that the focus should be to normalise banks, especially in rural and farflung areas. 

 

Sat, December 31, 2016, 19:35 PM

जब हम कहते हैं कि- कुछ बात है कि हस्ती मिटती नहीं हमारी, इस बात को देशवासियों ने जीकर दिखाया है: PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

हर हिंदुस्तानी के लिए सच्चाई और अच्छाई कितनी अहमियत रखती है : PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

 

 

Sat, December 31, 2016, 19:35 PM

जब हम कहते हैं कि- कुछ बात है कि हस्ती मिटती नहीं हमारी, इस बात को देशवासियों ने जीकर दिखाया है: PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

Sat, December 31, 2016, 19:33 PM

Since November 8, we have to think again. 125 crore Indians went through hardships to prove the importance of truthfulness and goodwill. 

Sat, December 31, 2016, 19:32 PM

भारत के सवा सौ करोड़ नागरिक नया संकल्प, नई उमंग, नया जोश, नए सपने लेकर स्वागत करेंगे: PM @narendramodi https://t.co/Iy8hu3Nre5

— PMO India (@PMOIndia) December 31, 2016

दीवाली के तुरंत बाद हमारा देश ऐतिहासिक शुद्धि यज्ञ का गवाह बना : PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

दीवाली के बाद की घटनाओं से ये सिद्ध हो चुका है कि करोड़ों देशवासी ऐसी घुटन से मुक्ति के अवसर की तलाश कर रहे थे: PM @narendramodi

— PMO India (@PMOIndia) December 31, 2016

Sat, December 31, 2016, 19:31 PM

PM Modi: Even the honest was brought to their knees by black money and corruption. They had to accept it grudgingly. 

Since Diwali, it is proven that Indians want an out from these choked living. 

Sat, December 31, 2016, 19:28 PM

PM Modi: Just after Diwali, our country has been witness to patience of the people of this country to cleanse the country of black money. 

This will, for years to come, will play an important role in this country. 

Sat, December 31, 2016, 19:19 PM

PM Modi's LIVE address can be watched on this YouTube channel as well: 

PM @narendramodi to address the nation shortly. Watch it LIVE here -> https://t.co/o7iv9DwnqC

— PIB India (@PIB_India) December 31, 2016

Sat, December 31, 2016, 19:13 PM

Prime Minister Narendra Modi will be addressing the nation at 7:30 pm on December 31, 2016. 

Sources say that PM Modi will talk about demonetisation's success and making India's into a less-cash society. 

On December 30, 2016, PM Modi launched UPI app called BHIM to enable digital currency transactions. 

As per sources, PM Modi is likely to announce steps that would make it easier to conduct digital transactions. Sources said that PM Modi may abolish charges currently applicable on digital transactions conducted through USSD.

ALSO READ: Here's what PM Modi is likely to announce on December 31

You can watch PM Modi's LIVE speech here on Zee Business. 

The Reserve Bank of India (RBI) on Friday asked all banks to email data on the money they collected on the last day of demonetisation drive, December 30, 2016, itself. 

PM Modi is likely to inform the country of the success of demonetisation and the total money that was deposited in bank accounts as on December 30, 2016. 

On December 15, 2016, RBI said that nearly Rs 13 lakh crore has been deposited in banks out of a total Rs 15.4 lakh crore that was demonetised. 

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