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PM Modi urges Indians to defeat the hoarding of black money in the country

PM Modi urges Indians to defeat the hoarding of black money in the country

India Blooms News Service | | 08 Dec 2016, 02:49 pm
New Delhi, Dec 8 (IBNS): Exactly a month after the note ban was imposed by the Central government, Prime Minister has urged Indians to ensure that black money is eradicated from the country, according to media reports.

In a night address to the nation, Prime Minister Narendra Modi on Nov 8 announced his government's move of banning old Rs 1000 and Rs. 500 currency notes.

He said, "I salute the people of India for wholeheartedly participating in this ongoing Yagna against corruption, terrorism & black money.

In a series of tweets, the PM said, "Together, we must ensure #IndiaDefeatsBlackMoney. This will empower the poor, neo-middle class, middle class & benefit future generations."

"The Government's decision has several gains for farmers, traders, labourers, who are the economic backbone of our nation."

"I always said that the Government's measure will bring a degree of inconvenience but this short term pain will pave way for long term gains."

"No longer will the progress & prosperity of rural India be curtailed by corruption & black money. Our villages must get their due.

"We also have a historic opportunity to embrace increased cashless payments & integrate latest technology in economic transactions."

Opposition leaders staged protest in the Parliament on Thursday over the issue.

The Winter Session of the Parliament has witnessed repeated disruptions over the issue of currency ban since it commenced last month.

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