Demonetisation just a 'beginning' in fight against black money: PM Modi

Modi stressed that the decision of scrapping the high value notes is in the interest of poor and middle class citizens.

Demonetisation just a

Prime Minister Narendra Modi on Tuesday addressed a BJP Parliamentary Party meeting as Opposition leaders created a ruckus in Parliament over the demonetisation of Rs 500 and Rs 1000 notes.

In an emotional address  to BJP leaders, the Prime Minister said the demonetization of high-value currency is just a beginning of his government's deep and continuous struggle against black money.

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Modi stressed that the decision of scrapping the high-value notes is in the interest of the poor and middle class, adding that his government is dedicated to eradicating the evils of black money and corruption which have affected people in the last 70 years.

After the meeting, Parliamentary Affairs Minister Ananth Kumar informed that the Prime Minister has described the demonetization move as a step for the security and welfare of the poor people.

Finance Minister Arun Jaitley also addressed the meeting. He said the entire country is welcoming the decision and that the move will work as a catalyst to boost the digital economy.
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"This is a historic decision. The entire nation is welcoming it. By stopping the 'normal' of last 70 years, Prime Minister Modi has created a new 'normal'," said Jaitley, while reiterating that the government is ready for discussion on the issue in Parliament.

The BJP Parliamentary Party also passed a unanimous resolution congratulating the Prime Minister for the demonetization.

Information and Broadcasting Minister Venkaiah Naidu, reading out the resolution, said, the demonetization will hit the financial support to the terror outfits.