World sees demonetisation with lot of respect: PM Modi

The OPaL is a joint venture company promoted by ONGC, GAIL and GSPC. OPaL projects it's market share in the polymer sector at 13 per cent by 2018.

Written by Avinash Nair | Dahej | Updated: March 7, 2017 7:16 pm
Narendra Modi, Modi, PM Moid,demonetisation, PM Modi demonetisation, GDP, PM Modi Dahej, ndia news Prime Minister Narendra Modi. (Source: PTI photo)

Stating that demonetisation has had no impact on GDP, Prime Minister Narendra Modi citing “testimonials” by Apple chief Tim Cook, Microsoft founder Bill Gates, World Bank chief Kristalina Georgieva, Nobel Laureate for Economics Muhammad Yunus and others, on Tuesday said that the world was looking at the “bold move with a lot of respect”.

Speaking to a gathering of industry at the port town of Dahej, Modi dedicated the Rs 30000 crore ONGC Petro Additions Ltd (OPaL) plant to the nation. This is one of the largest petrochemical plant in the country.

The OPaL is a joint venture company promoted by ONGC, GAIL and GSPC. OPaL projects it’s market share in the polymer sector at 13 per cent by 2018. “Currently the average per capita consumption of polymers in India is 10 kilogram, compared to the world average of 32 kilogram”, Modi said.

At full capacity, this OPaL plant will annually produce 14 lakh metric tonne of polymers like Linear Low and High Density Polyethylene, polypropylene and five lakh metric tonne of chemicals like Benzene, Butadiene, Pyrolysis Gasoline, etc.

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  1. S
    SubbuI
    Mar 7, 2017 at 4:45 pm
    TRUMP AND HITLER ARE ( WER) TALKING MORE SENSIBLY THAN OUR PRIME MINISTER.
    Reply
    1. S
      SubbuI
      Mar 7, 2017 at 5:12 pm
      Try BUTCHER MODI FOR 2002 Gujrath MASACARE OF 3000 POOR CITIZEN AND PUNISH HIM WITH FULL LIFE IMPRISON MENTDIA WILL BECOME NO1 with out his foolish reforms
      Reply
      1. V
        Vishal
        Mar 7, 2017 at 9:42 pm
        Agree, But the way it was executed was a biggest ber by our PM and his govt.
        Reply
        1. P
          Piara Singh
          Mar 7, 2017 at 10:15 pm
          Mr Modi do not care about all those people who died standing in lines created by him.Where did he get this that the w world look at demonetization with respect.He is an expert in making up.There is a saying in Punjabi and i quote,( Koye Mara Koye Jeevay,Suthra Ghol Patasa Peevay) meaning any body dies or any body lives the person who is on drugs keeps on mixing his drugs and enjoying it.He does not care for all that suffering that the general is going through created by Mr. Modi.
          Reply
          1. B
            bspatel
            Mar 7, 2017 at 3:38 pm
            Write positive and see positive in life. Most of below so called expert are fake. They only like statusco ...
            Reply
            1. B
              Bijan Mohanty
              Mar 7, 2017 at 2:58 pm
              Modiji, how grossly you have mismanaged the w demonetisation by overruling the advice of the experts, reducing the RBI to a powerless and mute spectator- the countrymen are feeling let down by none other than the Prime Minister and you are boasting !!!
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                bitterhoney
                Mar 7, 2017 at 2:11 pm
                Only great leaders accept their mistakes and apologize, Modi is not among them. It is pity that he arrogantly defends his stupid decisions.
                Reply
                1. T
                  Truth
                  Mar 7, 2017 at 9:05 pm
                  Every country would then demonetize their currencies every other day, Mr. P M !!!
                  Reply
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