December 27, 2024 04:48 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
I have lost a mentor and guide: Rahul Gandhi writes on Manmohan Singh's demise | Manmohan Singh left strong imprint on our economic policy over years: PM Modi | A rare leader who spoke softly but achieved monumental strides: Gautam Adani mourns Manmohan Singh's death | Instagram influencer and freelance RJ Simran Singh dies by suicide in Gurugram | Anna University sexual assault case: Accused is a DMK worker, claims BJP's Annamalai | Celebrities too responsible for crowd control: Telangana CM Revanth Reddy to Telugu filmdom amid Pushpa 2 stampede row | Boat capsizes off Calangute Beach in Goa; 1 killed, 20 rescued | Canada announces change to immigration system, likely to impact Indians seeking permanent residence | Azerbaijan Airlines tragedy: 32 passengers rescued, flight attempted several emergency landing before crashing | Man sets himself on fire near Parliament building; locals, police rush him to hospital

Currency ban decision taken by Centre in interest of poor: Modi

| | Nov 20, 2016, at 10:04 pm
Agra, Nov 20 (IBNS): Prime Minister Narendra Modi on Sunday said the decision to ban Rs.500 and Rs.1000 currency notes by the Centre was taken in the interest of the poor and the middle class section of the society

"The decision taken by the Government on currency notes is in the interest of the poor and the middle class," Modi said.

"The poor & middle class citizens do not have access to black money. They are honest citizens and our efforts will help them," he said.

He said the decision was taken to safeguard the future of the youth of India.

"This decision on currency notes was not taken to trouble anyone. This decision was taken for safeguarding the future of our youth," Modi said.

"The five hundred and thousand rupee notes ceasing to be legal tender has adversely affected those in fake currency rackets & narcotics," he said.

The Centre took the decision to ban Rs. 500 and Rs. 1000 curency notes on Nov 8.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.