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Demonetisation is a ‘required surgery’ that will benefit the common man, says Venkaiah Naidu

He also said that while the Aam Aadmi Party may be angry with the decision the common man is not.

By: Express Web Desk | New Delhi | Published: November 18, 2016 6:57 pm
demonetisation, Venkaiah Naidu, Naidu, Naidu demonetisation, 500 and 1000 rupee notes banned, old currency notes banned, India news, latest news, indian express Union Minister M Venkaiah Naidu. (ANI Photo)

Union Minister M Venkaiah Naidu on Monday defended the government’s decision to demonetise high value currency notes, saying that the decision was a ‘required surgery’ and will benefit the common man in the long run. “Decision will benefit people in the long run, dishonest will fall in line. This is a required surgery which is being done in the country, for a better India,” said the Union Minister.

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Naidu also took potshots at the Aam Aadmi Party. “Aam Aadmi Party naraz ho sakti hai, par aam aadmi naraz nahi hai (The Aam Aadmi Party can be angry but the not the common),” said Venkaiah Naidu.

The government’s decision to withdraw currency notes of Rs 500 and Rs 1,000 was announced by Prime Minister Narendra Modi on November 8. PM Modi said that the move was implemented to weed out black money from the country.

Within first 10 days of its implementation, the demonetisation move has received backlash from various sections of society as many are forced to stand in long queues outside banks and ATMs to withdraw cash. The opposition has taken this opportunity to attack the Centre on the issue. Both the houses of the Parliament were adjourned Friday due to continuous protests by the opposition.

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  1. Parlikad Venkatakrishnan
    Nov 18, 2016 at 3:02 pm
    It seems they forgot to have a an anesthesiologist during the surgery.lt;br/gt;The Patient is unable to bear the pain and even may collapse
    1. R
      Nov 18, 2016 at 2:53 pm
      Demonetization of higher value currency- note is just a jingoism.The GOI is saying that it is going to weed black money out from the Indian economy but not explaining how.Only 6% of black money,in the form of currency, was in stock rest of it is in flow. The ill-conceived concept is even implemented very poorly.The government is in the state of dilemma,shown by the ever-changing notification regarding withdrawal norms.lt;br/gt;The people who is not on the same page as the government is being bed as black-money holder.What is this?lt;br/gt;It is open secret even 6% of the stock is being fully converted into white one by using the various ways.What is government doing?