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As the entire nation reels under the current cash crisis following demonetization of the Rs 500 and Rs 1,000 notes, prime minister Narendra Modi now wants to know what the people really have to say regarding the major decision aimed at curbing black money and corruption in the country. Through the official Narendra Modi app, a Demonetization Survey has been launched seeking public opinion on the current situation. The survey has questions on whether one thinks there is black money in India and whether people mind the inconvenience faced in the ‘fight to curb corruption and black money’.
The survey has a total of 10 questions ranging from some generic ones such as “Do you think the evil of corruption and black money needs to be fought and eliminated?” and “Do you think that black money exists in India?” to which users can respond in ‘Yes’ or ‘No’. The survey further asks users to rate the move of banning the old currency notes. At the end of the survey, users can share their suggestions with Narendra Modi on the demonetization.
Modi made the survey public through his Twitter handle — “ I want your first-hand view on the decision taken regarding currency notes. Take part in the survey on the NM App.”



View image on TwitterView image on TwitterView image on TwitterView image on Twitter

I want your first-hand view on the decision taken regarding currency notes. Take part in the survey on the NM App. http://nm4.in/dnldapp 

On November 8, 2016, Modi announced a blanket ban on currency notes of Rs 500 and Rs 1,000 denomination which resulted in nation-wide panic to get the notes either exchanged or deposited before the December 30, 2016 deadline. The decision has faced mixed reactions from opposition parties as well as citizens who continue to battle long queues at banks and ATMs to acquire newer Rs 2,000 currency notes. The step is to completely drive out the old notes from the economy so that the newer notes, which are not imitable, can be introduced putting a final stop to the misuse of currency in funding terrorism.

PM Modi to address nation after 50-days of pain on New Year's Eve


       PM Modi to address nation after 50-days of pain on New Year's Eve

With the expiry of 50 days of "pain" of note ban that he announced in a special broadcast on November 8, Prime Minister Narendra Modi is all set to make an address to the nation on the New Year's Eve.
His address to the nation on New Year's Eve, followed by a public rally in Lucknow on  January 2 will be his government and Bharatiya Janata Party's (BJP) effort to help shape political narrative in its favour for the forthcoming assembly polls in five states - Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab.
Several top government ministers on Thursday held a series of press conferences where they spoke about the "success" that demonetisation has achieved in attaining its objectives. They also countered Opposition allegations. Several opposition parties have planned anti-protests across the country in the first week of January.
According to government sources, the prime minister's address is likely on the evening of December 31, but said the possibility of advancing it to the evening of December 30 remained open. In his speeches at public rallies on November 13 in Belgaum and Goa, the prime minister had asked people to bear 50-days of "pain", which he said will expire on December 30. "Help me build the India of your dreams", the prime minister had said and promised "gains" after the "pain".
In his New Year's Eve address, the prime minister is likely to laud the people for supporting and present a report card on how it has impacted terrorism, Naxalites, counterfeit currency and black money. He might also announce the next step in his government's fight against corruption and black money. The prime minister has repeatedly spoken about launching a crackdown on benami properties.
As Finance Minister Arun Jaitley on Thursday indicated, the prime minister would also detail the gains from note ban. He might also deliver on his promise of "gains", in the form of announcing schemes for the poor and farmers, after 50-days of "pain".
In his public speeches since November 8, the prime minister has spoken about "gains" like cheaper loans from cash rich banks to the poor, housing for all, free medicines for elderly, better schools and colleges. He has also talked about how was just one of several decisions his government was set to take against corruption.
The polls are scheduled for mid-February to mid-March, with the Election Commission set to announce polling dates on or after January 4. The Election Commission has issued instructions to the administrations in these five states to strictly implement its 'model code of conduct' as soon as the poll dates are officially announced.
The code bars the government from announcing any new schemes. However, the government will have another opportunity in the form of the union Budget, to be presented on February 1, to announce allocations for pro-poor and pro-farmer schemes. Government strategists insist that the Budget does not fall under the ambit of the code as it's a constitutional exercise. In 2012, the Congress-led United Progressive Alliance (UPA) government had postponed the presentation of the budget to after the completion of the elections in these five states.
On Tuesday, Modi met economists and experts at a meeting in Niti Aayog to discuss the current economic situation. On Thursday, Finance Minister Arun Jaitley, Information and Broadcasting Minister M Venkaiah Naidu, Law Minister Ravi Shankar Prasad, Agriculture Minister Radha Mohan Singh, Coal and Power Minister Piyush Goyal held press conferences.
Naidu said "re-monetisation was part of grand anti-corruption strategy for the benefit of common man consistent with the 2014 mandate" and "an anti-scam vaccine".
Naidu didn't share any data, but said: "If somebody is keen to jump to the conclusion based on the deposits made in banks that there is hardly any black money in the economy, they would be wrong. Such deposits only mean that the black money which till the other day had no address, now gets an address on reaching banks."
He said big deposits will be scrutinised. "High value notes reaching banking system in itself is the significant achievement as now there is a trail," Naidu said adding, "By announcing the PM mounted a tiger, as is being said by critics... Modi knows how to dismount a tiger, as he had done so many times in the past."


PM Modi give live Speech on 31st Dec 

2016 at 7:30 pm



Prime minister Narendra Modi is likely to address the nation on New Year's eve, according to media reports. The address is expected at 7:30 in the evening.
Though it is not immediately known what the speech will be about, speculation is rife that it will be a stock taking of the demonetisation announced on 8 November.
The prime minister had announced the government's surprise decision to demonetise Rs 500 and Rs 1,000 notes in a stated aim to curb fake currency, black money generation and terror funding.
The decision has deeply impacted the economy and normal lives of millions as it resulted in a severe cash crunch, which still continues.

The lack of preparation of the RBI and the government to deal with the evolving situation was evident as the printing of replacement currencies was slow and failed to keep pace with the rising demand for cash. Also, even as the requirement was of more smaller denomination notes, the government released Rs 2,000 notes which did little to ease the cash crunch situation.As the impact of the decision to replace about 86 percent of the currency in circulation unfolded on various sectors of the economy, the prime minister in a speech sought 50-day time period to deal with the situation. The deadline ends on 30 December.
Frequent changes in rules regarding the withdrawal of cash and deposit of banned old notes added to the confusion of the public.
Ever since the pains were heightened, there has been wide speculation that the prime minister will announce some sops for the rural and urban poor who have been hit badly as jobs dried up due to the sudden economic slowdown.


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