PM Modi says cash crunch would end soon, blames Opposition for not allowing him to talk in Parliament

Deesa (Gujarat): Acknowledging the difficulties thrown up by the note ban decision, Prime Minister Narendra Modi cautioned that the coming days may even be tougher, but said the situation will gradually move towards normalcy after the 50-day period.

File image of Prime Minister Narendra Modi. PTI

File image of Prime Minister Narendra Modi. PTI

 

File image of Prime Minister Narendra Modi. PTI

He also slammed the Opposition for disrupting Parliament, saying he has been forced to speak out in jan sabha (among people) as he was not allowed to do so in Lok Sabha. “I had said from day one this is not an ordinary decision. It is full of difficulties. It is a difficult decision and I had said a lot of hardships and problems will be faced.

“For 50 days, this difficulty has to be there. And it will even increase. But after 50 days, I have done my calculation, the situation, in one go, will turn towards normalcy. You will see after 50 days that the situation will slowly start improving in front of your eyes,” he said.

The prime minister’s remarks assume significance in the context of reports of widespread difficulties being faced people in accessing their money in banks and all-round impact on the economy because of cash-crunch after the 8 November demonetisation decision.

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Modi also targeted the Opposition for disrupting Parliament over demonetisation, noting that even President Pranab Mukherjee was unhappy with their conduct. “Opposition is not allowing me to speak in Lok Sabha, so, I have decided to speak in ‘jan sabha’ (people’s assembly). But, whenever I would get a chance, I will try to represent the voice of 125 crore people in Lok Sabha,” Modi said, in response to Opposition leaders including Rahul Gandhi accusing him of running away from speaking on demonetiation in Parliament.

The PM said those criticising him and highlighting people’s problems should also inform masses that they do not need to stand in queue and can use mobile banking. “You must be aware that the Opposition is not allowing the Parliament to function. I am surprised that despite government’s assurance that the prime minister is ready to speak on the issue (of demonetisation), the situation has not improved. Even the President is unhappy about it (disruptions in Parliament),” he said.

Modi also said that the government is ready for a debate on the issue if the Opposition is willing. “Opposition is running away from a discussion because they know that their lies will be nailed. They don’t have the courage to demand complete roll back of note ban decision as they have realised that people are also in favour of demonetisation. All are saying that demonetisation should be implemented properly,” he said.

He said demonetisation will root out terrorism, corruption and fake currency. “Demonetisation has broken the backbone of terrorism and Naxal movement. I am fighting against terrorism as fake currency is fuelling and funding their activities,” he said. “Demonetisation is aimed at empowering downtrodden and honest people.”

He was speaking after inaugurating a Rs 350-crore cheese plant in Banaskantha district.

First Published On : Dec 10, 2016 17:34 IST

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