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Prime Minister Narendra Modi likely to address the nation on New Year’s Eve regarding Demonetised Notes

The address is expected at 7:30 in the evening.

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Prime Minister Narendra Modi, Wikimedia
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December 29, 2016: As the 50-day period for depositing the demonetized notes is expiring on 30th December, Prime Minister Narendra Modi is likely to address the nation on New Year’s Eve through Doordarshan.

Though it is not clear what the speech will be about, speculation is that he might speak on the economy problems after the demonetization was announced.

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On November 8, prime Minister announced to demonetize Rs. 500 and Rs. 1000 notes to curb the black money generation and fake currency. The decision had a deep impact on the economy and lives of the people. It resulted in a major cash crunch as demonetization affected the 86 percent of the currency.

The RBI was not prepared and the government was not able to deal with the situation as the printing of replacement currency of Rs. 2000 notes and the new Rs. 500 notes was slow and was not able to meet the rising demand. Moreover, frequent changing of rules regarding the cash withdrawal and deposit has made the public more confuse.

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For the past few weeks, Prime Minister Narendra Modi has been urging people in the public meetings to bear the pain and has assured that once the 50-day period is over; the situation would start easing gradually.

On Tuesday, Modi met economists at a meeting in Niti Aayog to discuss the present economic condition of the nation.

Heading the government’s campaign on demonetization, Narendra Modi has a packed schedule in 2017. On January 2, he will be in Lucknow and then visit Patna on January 5. Though he has official engagements, but he is most likely to give a push to the cashless economy.

Prepared by Diksha Arya of NewsGram. Twitter: @diksha_arya53

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Prime Minister Narendra Modi Appeals MPs To Utilize Their Winter Season Well

The session would have 20 sittings spread over 29 days

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According to LocalCircles, each person who voted in the survey is registered with the portal with their detailed information and in many cases they shared their residential address.
Modi asks MPs to utilize winter session well, wikimedia commons

Prime Minister Naredndra Modi on Monday appealed to all MPs at an all-party meeting to utilize the winter session of Parliament well as it will be the last full-fledged session before the 2019 Lok Sabha elections.

Addressing an all-party meet at Parliament House a day before the session commences, Modi said the government was ready to discuss all issues as per rules and procedures and was open to the opposition’s inputs for better working of Parliament.

Parliamentary Affairs Minister Narendra Singh Tomar briefed the media on what transpired in the meeting.

“The Prime Minister said that we all need to cooperate with each other on the issues of public interest. He underlined that in a democracy both the government and the opposition share their inputs for efficient governance,” Tomar said, quoting the Prime Minister.

“The Prime Minister also said that the government was ready to discuss all issues as per rules and procedures. If anybody wants to bring something to the government’s notice inside the House or even outside, we are open to it,” he added.

Tomar said that all the political parties present at the meeting have assured full cooperation in the smooth functioning of Parliament.

Narendra Modi
Narendra Modi (Wikimedia Commons)

Asked if the government was ready for a JPC probe in the Rafale fighter jets deal, he said the opposition had several issues including Rafale, farmers’ plight and economy “but they would have to prioritise things as the session was only four weeks long.

“These things can be settled in the Business Advisory Meetings,” he added.

The Minister said a legislation on Ram Mandir was “not the topic of today’s discussion”.

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“When something to this effect comes up, we will let you know,” he said.

He said the government had 46 items on the agenda including three ordinances, Supplementary Budget and government legislations.

The session would have 20 sittings spread over 29 days. (IANS)