PM Modi calls for Cabinet meeting as logjam in Parliament continues
The Cabinet meeting is scheduled to take place at 8 pm and sources say that another one is to be called within two days.
As deadlock by the Opposition in Parliament on demonetisation of Rs 500 and Rs 1000 notes continue, Prime Minister Narendra Modi has called for a cabinet meeting today.
The meeting is scheduled to take place at 8 pm and sources say that another one is to be called within two days.
The Opposition has created an uproar in Parliament over the Prime Minister's absence and demanded he has to take part in the debate.The leader of the Opposition in Rajya Sabha, Ghulam Nabi Azad said they won't allow the Upper House to function if PM skipped the discussion.
Union Finance Minister Arun Jaitley accused the Opposition is inventing reasons for deferring the debate. Referring to the Opposition's efforts to stall the proceedings of the House he said they are not keen on debating the issue. His comments triggered fracas by the Opposition MP who started shouting “Pradhan Mantri bhagh gaya".
Jaitley,leader of the House countered former Prime Minister Manmohan Singh's statement in Rajya Sabha terming the demonetisation move by the government a “monumental mismanagement”. He said the directive will make positive impacts in a medium and long term.
Singh,while speaking in the Upper House had urged PM to find "pragmatic ways" to ease the hardships of the people.He said the 50 days time demanded by PM Modi could have a thunderous effect on the poor section.
“The way this is being implemented, it will hurt farmers, small traders and those in the informal sector. The GDP of the country can decline by 2 per cent. I feel that the PM must come with some constructive proposal on how we can implement this scheme,” former PM added.