Addressing BJP MPs on Friday, the last day of the winter session of Parliament, PM blamed Congress for the problems facing the country. Had Indira Gandhi shown the courage to demonetise in the early 1970s,such a situation would not have arisen.
PM indicated that the government could come up with more measures to “free” the poor and middle class from “exploitation” and the country from corruption and black money.
“There can be a situation… I can see it very vividly, from the platform of the Indian government. When a trader does online transaction, it’s online and his turnover is clear. I can see such a day… if that trader wants a loan, it will take maximum six minutes. With this technology, he will get Rs 25,000 or 50,000 in six minutes.”
He further said, “Take the case of a dhobi. His father must have done the same job. If he wants a loan, the bank will not give him a single paisa because he has no record of his income. You have no idea what he earns, how much he earns. He gets Rs 5 or something if someone gives him clothes to iron. If he does digital transactions, his records will be automatically maintained online.”
“We have to fight this battle and take it forward,” he said. “After 50 days, difficulties will be less and there will not be delay in restoring normalcy. Even now I am saying, there are reports that things are getting normal, but there will be difficulties. But it will gradually come down.”
Quoting from Madhav Godbole’s Unfinished Innings: Recollections and Reflections of a Civil Servant, the Prime Minister said, “When (then Finance Minister) Y B Chavan told her about the proposals (of the Wanchoo committee) on demonetisation and his view that it should be accepted and implemented forthwith, she (Indira Gandhi) just looked at him and asked Chavan only one question: ‘Chavanji, are no more elections to be fought by the Congress party? Chavan got the message’.Tell me, is the nation big or the party for them?”
“If that work was done in 1971, the country would not have been destroyed like this. Is this how the country should have been run? All these difficulties we are facing now… because for them, the party is bigger than the country. But for us, the country is bigger than the party.”
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