Prime Minister Narendra Modi defended on Tuesday his surprise decision to recall high-value banknotes, saying the move was made at an opportune moment when the economy was in good health and there was a lull in business after the festive season.
Calling demonetisation a “pro-poor” move, he said the government was clear from the beginning that “we are ready for a discussion on demonetisation but some were more keen on TV bytes and not debates.”
1:45 PM: No matter how much praise is heaped on our armed forces it is not enough. Our military is completely capable of defending the nation: PM Modi
1:40 PM: Surgical strike was a big decision but no one is questioning it like they questioned demonetisation: PM Modi
PM on the Budget
1:37 PM: We have worked to improve employment opportunities.Many schemes were implemented to help youth employment: PM Modi
1:36 PM: Budget 2017 is benefiting 96% of the population: PM Modi
PM on social security schemes
1:35 PM: Why was it that there were crop insurance schemes earlier but farmers were not keen to avail of the benefits: PM Modi
1:30 PM: Now, middlemen no longer enjoy the benefits they did. We have stopped the corruption and loot: PM Modi
1:27 PM: Rs 7633 crore leakage in social programs has been stopped by us: PM Modi
1:23 PM: As I have said before, the steps I’m taking make the target of some very powerful people. But I will continue doing this: PM Modi
1:22 PM: 22,27,000 houses have been constructed in the past one year: PM Modi.
PM on MNERGA and other policies
1:20 PM: Changes don’t happen on a whim, proper process and planning is being followed: PM Modi
1:10 PM: You can oppose Modi, that is your job but if something is genuinely good you should lend your support to it: PM Modi on cashless push
1:05 PM: What was the reason that a popular law like MNERGA was ammended 1035 times: PM Modi
PM on demonetisation
1:00 PM: After demonetisation we did our best to help people who were facing issues, we also had to tweak rules to stop those who were trying to game the system, those adept at theft: PM Modi
12:56 PM: Like Swachh Bharat, the decision on demonetisation is a movement to clean India (from corruption and black money): PM Modi
12:53 PM: People asked why did we bring demonetisation into effect when the economy was doing well. As a doctor would say the best time to perform a surgery is when the body is completely healthy: PM Modi.
12:50 PM: We do not see everything from the prism of elections. The interests of the nation are supreme for us: PM Modi
12:47 PM: It does not matter how big you are, you will have to give back what belongs to the poor. My fight is for the poor: PM Modi.
12:45 PM: Earlier the discussion was about how much has gone, now people ask how much has Modi brought back. This is how discourse has changed after we have assumed office: PM Modi.
12:42 PM: “Agree with Kharge ji’s statement that black money is being held in jewellery and property. The house wants to know when did he realise this,” Prime Minister Modi takes a jibe at Congress.
12:38 PM: “From Day 1, we have been clear- we are ready for a discussion on demonetisation but some were more keen on TV bytes & not debates,” says Prime Minister Modi.
12:34 PM: “When Rail budget was first presented, the transport sector was different. Now things are different and a more comprehensive look is needed,” says Prime Minister Modi.
12:33 PM: “I was surprised that there were some who made cleanliness also a political issue. Why can’t we work together on ushering a Swachh Bharat,” says Prime Minister Modi.
PM takes on opposition
12:32 PM: “I have said it in the past- every Prime Minister has contributed to the nation. But there is a party here that wants to attribute everything to one family,” says Prime Minister Modi.
12:31 PM: “Let us understand & appreciate the inherent strength of our people & take India to newer heights. Faith in Jan Shakti will give results,” says Prime Minister Modi.
12:30 PM: “Somewhere on the way, ‘Jan Shakti’ was forgotten. We do not accept this,” says Prime Minister Modi.
12:26 PM: “There are many here like me who were born after independence. While we did not have the privilege to fight for the nation’s independence but we are living for the nation and serving the nation,” says Prime Minister Modi.
12:25 PM:” There is something very special about ‘Jan Shakti’. It is due to this ‘Jan Shakti’ that the son of a poor mother can become the Prime Minister of India,” says Prime Minister Modi.
12:23 PM: “We remember how democracy was under threat from 1975 to 1977, when opposition leaders were jailed, newspaper freedom curtailed,” says Prime Minister Modi.
12:20 PM: “How can someone see SEVA or any positive virtue in the word SCAM”, says Prime Minister Modi.
12:18 PM: Ruckus in the house again. Opposition MPs raise slogans.
12:16 PM: “The earthquake finally arrived yesterday. We had been hearing threats for a long time,” says Modi, referring to Congress leader Rahul Gandhi’s statement that there will be an earthquake in Parliament if he were to speak in Parliament about the alleged scam in demonetisation. Modi was also alluding to the earthquake in Uttarakhand on Monday night.
12:15 PM: PM Narendra Modi speaks in Parliament, replies to President’s speech.
12:10 PM: Ruckus in Lok Sabha as Trinamool leaders raise slogans. Speaker Sumitra Mahajan rejects adjournment plea.