Demonetisation may impact polls, lot of politicians already worried: Parrikar

Parrikar explained the need to be 'unpredictable' as part of the nuclear strategy.

By: Express Web Desk | New Delhi | Updated: November 11, 2016 2:22 pm
Demonetisation, Manohar Parrikar, nuclear strategy, India nuclear strategy, Demonetisation economy, Banks demonetisation, Black money Union Defence Minister Manohar Parrikar

Nearly a fortnight after Rs 500 and Rs 1000 notes were demonetised by the government, Union Defence Minister Manohar Parrikar indicated on Thursday that the move may impact polls and said a lot of politicians are already worried. Parrikar was addressing a press briefing when he talked about demonetisation. He also said he came to know about the move to do away with the higher denomination notes only at the Cabinet meeting when the Prime Minister’s speech was aired. Parrikar said the next morning he realised he was the richest in the defence ministry as he had Rs 220 (in smaller change) in his pocket. The Rs 7,000 he also had did not matter then.

AUDIO: Worried About Replacing Rs 500 & Rs 1000 Notes? Don’t Fall For This Fraud Call

“This is an excellent step by the Prime Minister. Black money was used in elections. That black money has become null and void. So obviously, it will ensure more free and fair election,” he said speaking at the launch of the book “The New Arthashastra – A Security Strategy of India,” edited by Brigadier Gurmeet Kanwal (Retd).

He said there are “substantial counterfeit notes” which India’s enemies are using for terror funding. “As a Defence Minister I am very happy. In one strike it has all vanished,” he said.

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  1. B
    bala Raja
    Nov 10, 2016 at 4:57 pm
    I wonder how BJP is going to spend in the UP elections. Are they not worried? Are all the parties (including BJP) going to deposit all their cash in banks and start withdrawing 20,000 a week? Doesn't seem likely. How are they going to fund the elections, including payments to voters? They can possibly take new cash from the usual "donors" and pay them back with the old money they deposit in the bank. I'm just curious what shenanigans the parties are going to do. No way that this ban is going to impact the parties. They'll find a way.
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      Birender Bakshi
      Nov 10, 2016 at 6:47 pm
      Ministers seem to worried about demonetisation.Shows they and their parties have lots of unaccounted funds.Government must raid suspected ministers,politicians,political parties and large number of corrupt bureaucrats who have stacked 100's crores of ill gotton money.Carry out large scale raids all over India,prosecute and send them to jail.Learn from Singapore and Bangkok.Send all corrupt politicians,ministers and bureaucrats to jail.
      Reply
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        ashwin
        Nov 10, 2016 at 4:13 pm
        LOL ...what a joker ...kisne banaya tujhe defense minister of India..lollt;br/gt;...haan yaad agya ...surgical strikes ka copyrighter lol...
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          ashwin
          Nov 10, 2016 at 4:14 pm
          Seems he might have already cleaned his black money....
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          1. D
            dharampalgupta
            Nov 10, 2016 at 4:47 pm
            everyone is free to draw one's conclusions.
            Reply
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              Dr.P.L.Nawalkha
              Nov 11, 2016 at 12:59 am
              Bloodless coup of black money woven Don's of power?
              Reply
              1. T
                T DUTTA
                Nov 10, 2016 at 4:08 pm
                BLACK MONEY MAY BE USED TO PURCHASE HIGH VALUE AIRLINES TICKETS IN CASH---AIRLINES OFFICES AND AIRLINES TRAVEL AGENTS MUST BE ASKED TO SUBMIT FORTNIGHTLY RETURNS TO RBI AND INCOME TAX GIVING DETAILS OF HIGH VALUE TICKETS [INCLUDING INTERNATIONAL TICKETS] IN CASH---MENTIONING THE PAN NUMBER OF THE PURCHASER
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                  T DUTTA
                  Nov 10, 2016 at 4:06 pm
                  DEMONETISATION DONE IN VIGILANCE AWARENESS WEEK
                  Reply
                  1. D
                    DG
                    Nov 10, 2016 at 4:12 pm
                    Please proofread articles. This is an older article with a changed opening sentence, and that too, it has been two days and not two weeks (or a fortnight).
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                      Madhusudan Javali
                      Nov 11, 2016 at 8:16 am
                      "Nearly a fortnight after Rs 500 and Rs 1000 notes were demonetised by the ..."WHEN DEMONITIZATION HAS TAKEN PLACE ,SIR?
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                        Ratnakar Mahapatra
                        Nov 10, 2016 at 4:24 pm
                        Seems he might have cleaned his black money a fortnight ago.
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                          mathimathi
                          Nov 10, 2016 at 4:34 pm
                          Is it a Gau RSS idea? ic minister?
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                            Hari
                            Nov 10, 2016 at 4:44 pm
                            THIS DRASTIC STEP BY MODI GOVT WILL SERIOUSLY JEOPARDIZE FUTURE OF CORRUPT AND GREEDY POLITICIANS WHO ARE FOOLING PEOPLE OF COUNTRY ON CASTE AND RELIGION. THE CURB ON BLACK MONEY WILL FINISH FUTURE OF SUCH LEADERS. SO THIS IS REASON FOR SUCH ABSURD STATEMENTS BY CONGRESS AND REGIONAL LEADERS. Modi govt has done yeomen services for poor of the country who are looted by corrupt politicians in power since independence. This is the first time in 70 years that Modi has come as God gifted man to save the life of billion of people who are virtually made bankrupt by past Congress govt run by Nehru dynasty. The regional and smaller parties mushroomed due to the utter failure of Congress govt in past who promoted rampant corruption and a major portion of development funds was completely looted. Modi govt should take next step to seize all ets of corrupts for developmental activities and all corrupts must be punished in time bound manner within six months.THIS IS CONTINUOUS PROCESS ON WHICH REGULAR MONITORING IS MUST AND REMEDIAL MEASURES MUST BE TAKEN TO PLUG ANY LOOPS FOUND AT LATER STAGE. Thereafter, none of corrupt will dare to loot public money in future. This will curb flow of black money in our country which will help in speedy progress of country.
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                              abhay nath
                              Nov 10, 2016 at 4:44 pm
                              3 days are equal to a fortnight.New Mathematics
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                                Vihari Naidu
                                Nov 10, 2016 at 4:34 pm
                                Thus admitting that these steps were taken by Bjp only for the sake of Punjab and UP elections. Does he even think before speaking.
                                Reply
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                                  rajesh verma
                                  Nov 10, 2016 at 4:08 pm
                                  the opening sentence is wrong. It is not yet fortnight
                                  Reply
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                                    Ramanan R
                                    Nov 10, 2016 at 4:33 pm
                                    Fortnight? Wasn't that 3 days ago? It isn't even a week yet. Do you guys proofread your articles?
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                                      sacchadesi
                                      Nov 10, 2016 at 4:08 pm
                                      Here he goes again, with no concern to foreign diplomacy of Indian policies.lt;br/gt;lt;br/gt;lt;br/gt;RSS seems to be good at creating aaluwala and sabjiwala. Running country is like that to this bunch.
                                      Reply
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                                        Sachin
                                        Nov 10, 2016 at 4:53 pm
                                        This article shows what kind of poor editing and quality the Indian Express has nowadays. First line itself is completely utterly wrong. And the rest of the article is trash. When will the quality of journalism start to rise?
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                                          Sandy
                                          Nov 10, 2016 at 5:35 pm
                                          perhaps it may be a good step for bright India ahead but a lot of public is now in chaoslt;br/gt;it may not affect to poor but will bring serious nightmares to rich oneslt;br/gt;but some or the other way Indians find the way to deal with this kind of situations.lt;br/gt;Talking about elections in future how is BJP going to get funds, already they have striked to the gunny bags of their treasurer
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                                            Srinivas Sarma
                                            Nov 10, 2016 at 5:23 pm
                                            It will hard small traders, general public, construction industry, NRI's , and BJP vote bank too.
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