This wasn’t a jhatka. We had warned people a year before, says Modi on demonetisation

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Prime Minister Narendra Modi has said that his controversial announcement on demonetisation on 8 November 2016 wasn’t shocking. Speaking to news agency ANI, he said that he had warned people about it at least ‘a year ago.’

demonetisation

He said, “This wasn’t a jhatka. We had warned people a year before, that if you have such wealth (black money),you can deposit it,pay penalties and you will be helped out.However,they thought Modi too would behave like others so very few came forward voluntarily.”

Modi’s decision ban Rs 500 and Rs 1,000 notes at the notice of just few hours had led to unprecedented economic turmoil in the country. More than 200 people had died due to demonetisation related stress across India. The controversial move also impacted the country’s economy adversely as the GDP faced contraction by 2 percent.

Among other notable comments, Modi also said that his government was prepared to make ‘all efforts’ on the construction of Ram Temple in Ayodhya after the judicial process is over.

“After judicial process is over, whatever will be our responsibility as the government ,we are ready to make all efforts,” he told news agency ANI. The ownership dispute over Babri Masjid/Ram Temple is currently under consideration  before the Supreme Court, which will announce the date for its hearing this month.

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