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Business News » India News

Mann Ki Baat: PM Narendra Modi thanks people for enduring demonetisation 'pain'

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Mann Ki Baat: PM Narendra Modi thanks people for enduring demonetisation 'pain'
"I congratulate people for not only enduring pain but also for giving appropriate answers to those who were trying to mislead them," Modi said in his monthly radio address to the nation `Mann Ki Baat`. Image Source: IANS/Amlan Paliwal

Prime Minister Narendra Modi on Sunday thanked people for enduring the "pain" caused by the government`s November 8 decision to spike Rs 500 and Rs 1,000 notes that has caused an unprecedented cash crunch across the country.

"I congratulate people for not only enduring pain but also for giving appropriate answers to those who were trying to mislead them," Modi said in his monthly radio address to the nation `Mann Ki Baat`. 

ALSO READ: Demonetisation: Dishonest to face ruin after December 30, warns PM Narendra Modi 

The Prime Minister said people faced hardships and inconvenience but "answered back those who publicly tried to mislead them".

The move to recall 86% of the total currency in circulation was ostensibly aimed at to curb corruption and black money in the country. 

However, it has led to people in large number queuing up to withdraw or deposit cash in overcrowded banks and ATMs.

ALSO READ: India abolishes larger banknotes in fight against graft, 'black money'

 

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TAGS:
PM Narendra ModiEconomycash crunchMann ki BaatCorruptionBlack Moneydemonetisation pain
Written By: IANS
Updated: Sun, Dec 25, 2016
12:30 pm
New Delhi , IANS
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