Note ban destroyed terror funding, human-drug trafficking: Modi

December 27, 2016

Dehradun, Dec 27: Hitting back at Rahul Gandhi's charge of helping big corporates and the rich, Prime Minister Narendra Modi today said his government is focused on working for the poor and asserted that demonetisation has destroyed in one stroke black money, terror funding as well as human and drug trafficking.modi242

Targeting parties who are opposing the note ban, he claimed some people are upset as his decision has struck the "ring leader of thieves".

Addressing BJP's 'parivartan maharally' in poll-bound Uttarakhand, Modi appeared to rebut Rahul's charge when he said that while the UPA government's move to raise the number of subsidised cylinders from 9 to 12 was projected as momentous, his government gave gas cylinders to five crore people below poverty line.

"18,000 villagers were living in 18th century without electricity... in thousand days, we have electrified 12,000 villages. Work on remaining 6,000 is on. Is this working for rich or empowering the poor," he said.

With the decision to demonetise Rs 500 and Rs 1000 notes, the black money stored in cupboards and under mattresses is now coming to banks and to the people, he said, adding he is fulfilling his duty of a 'chowkidar' (watchman) to get rid of black money and "dark hearts" which have ruined the country.

"In some, corruption is in the blood. They used back door to convert the money and thought Modi cannot see.

"But we knew and now they are being caught," he said referring to various raids by law enforcement agencies on black money hoarders.

Describing note ban as a "cleanliness drive", he thanked the people for standing by him. He also said the move is aimed at empowering the people and to give them a bright future.

"I am fighting to make the honest empowered," Modi said adding that his November 8 decision has dealt a devastating blow to black money and terror funding.

The decision is not being liked by some people as he has struck directly at the "ring leader of thieves" (choron ka sardar), the Prime Minister said.

Comments

Althaf
 - 
Tuesday, 27 Dec 2016

Shut your mouth ya Fenku....

Haris
 - 
Tuesday, 27 Dec 2016

There is no such TERRORISM in INDIA . which needs funding .....in Fact Gvernment is funding Terrorism ...and when came to power it wanted more funds so introduced Demonetisation .......clear

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News Network
January 12,2020

Kolkata, Jan 12: Prime Minister Narendra Modi on Sunday announced that Kolkata Port Trust will be renamed as Syama Prasad Mukherjee Port.

Addressing the gathering at the inauguration of 150th anniversary celebrations of Kolkata Port Trust, he said: "I announce the renaming of the Kolkata Port Trust to Dr Shyama Prasad Mukherjee Port. He is a living legend who was a leader for development and fought on the forefront for the idea of One Nation, One Constitution."

"This port represents industrial, spiritual and self-sufficiency aspirations of India. Today, when the port is celebrating its 150th anniversary, it is our responsibility to make it a powerful symbol of New India," Modi said.

The Prime Minister said that the Bharatiya Jana Sangh founder had set the stone for industrialization in India. "Chittaranjan Locomotive Factory, Hindustan Aircraft Factory, Damodar Valley Corporation and several others saw active participation from him," he said.

The Prime Minister also felicitated the two oldest pensioners of the Kolkata Port Trust, Nagina Bhagat and Naresh Chandra Chakraborty.

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News Network
February 14,2020

New Delhi, Feb 14: AAP convenor Arvind Kejriwal has invited Prime Minister Narendra Modi to his swearing-in ceremony scheduled to take place at the Ramlila Maidan on February 16, senior party leader Gopal Rai said on Friday.

Rai, the convenor of the Aam Aadmi Party's Delhi unit, said a letter was sent to the prime minister on Friday morning.

All seven Delhi MPs and eight newly-elected BJP MLAs have also been invited for the oath-taking ceremony, Rai told news agency.

No chief minister or political leaders from other states will be part of the event as it will be a "Delhi-specific" ceremony, Rai had said on Thursday.

Kejriwal, through front-page advertisements in newspapers, has urged Delhiites to attend his oath-taking ceremony as he is set to become the chief minister of Delhi for the third consecutive term.

Kejriwal will take oath as Delhi Chief minister along with his cabinet at Ramlila Maidan at 10 am on Sunday.

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Agencies
March 6,2020

New Delhi, Mar 6: After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate.

It can be noted that the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.  “We sincerely regret the long outage. Our partner bank (Yes Bank) was placed under moratorium by RBI. Entire team's been working all night to get services back up asap (as soon as possible),” the app's chief executive Sameer Nigam tweeted early in the morning.

PhonePe, one of the country's largest digital payment platforms, is dependent on Yes Bank to process its transactions.

He added that the app hopes to be live in a “few hours”.

Yes Bank placed under a moratorium Thursday evening, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment.

For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

He added that the app - one of the most popular interfaces for UPI transactions - hopes to be live in a “few hours”.

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