PM Modi calls senior ministers to review demonetisation

On the eve of new year, the Prime Minister announced a slew of sops and praised the efforts of bankers during the 50-day demonetisation period.

PM Modi calls senior ministers to review demonetisation

A day after 50 days of announcing demonetisation, Prime Minister Narendra Modi on December 31 addressed the nation and thanked the public for its support, and now he has summoned all his senior ministers to analyze demonetisation impact.

Reportedly, during the meeting Modi is set to discuss the steps taken by the government so far. “The focus will be more on the slew of measures announced by the PM on the eve of the New Year,” a minister told

Hindustan Times.

The report also said that Modi will start a five-day long series of meetings with ten Group of Secretaries.

On the eve of new year, the Prime Minister announced a slew of sops and praised the efforts of bankers during the 50-day demonetisation period. "My effort is to take the banking system to normalcy as fast as possible in the new year. I have asked all concerned officers in government to focus their attention to this task," he said.

He also asked banks to work pro-actively especially for the rural and remote areas so that the difficulties of farmers and villagers can be removed.

However, while he reviews Maharashtra Navnirman Sena Chief Raj Thackeray slammed Prime Minister Narendra Modi over demonetisation yesterday. "On the day of announcement of demonetization, Modi was saying with great confidence and telling people to see what happens on December 30, but nothing has happened," he told reporters.