New Delhi: Prime Minister Narendra Modi on Tuesday addressed the nation in New Delhi. In his address, he talked about black money and corruption and how these two can come in the way of a country’s robust economic growth.

“Corruption and black money are the diseases rooted in this country and are the obstacles to the success of the nation. It is something we have fought for immediately after assuming office,” PM Modi had said.

To combat black money, PM Modi announced that currency notes of Rs 500 and Rs 1,000 would no longer be legal tender from Tuesday midnight.

The govt’s decision evoked a mixed response from politicians and economists.

Here are some of the reactions:

Randeep Surjewala: The government’s move to introduce Rs 2,000 note defeats its own argument on black money.

“While Modi ji withdraws Rs 1,000 note, he introduces Rs 2,000 note on the other side? Does it not defeat his own argument?

“Is the banking system in our country ready to tackle such a situation? Government has to answer many questions,” he asked.

Manish Tiwari: Modern day Tughlak has thrown a nuclear trident at poor people of India.1000 Rupees of today is what 100 Rupees was 20 yrs back. Insanity!

Amit Shah: This decision of PM Narendra Modi is a surgical strike on menace of corruption and black money.

Mamata Banerjee: The PM could not get back the promised black money from abroad from the rich, so a drama to divert his failure.

I want to know from PM how my poorest brothers sisters, who’ve received their week’s hard earned wage in Rs 500 note, will buy ata, chawal, tomorrow?

This is a heartless and ill- conceived blow on the common people and the middle class in the fake name of anti-corruption.

Pranab Mukherjee: I welcome the bold step of Government of India which will help unearth unaccounted money & counterfeit currency. I call upon people not to panic and follow govt guidelines for exchange of Rs 1000/500 notes.

Rajnath Singh: By doing away with the Rs 1000 & 500 notes, the PM has dealt a big blow to the flow of counterfeit currency and black money in Indian economy. It is indeed courageous and bold decision taken by the Prime Minister. India’s fight against corruption & terrorism will now be strengthened.

Suresh Prabhu: Historic step to eliminate corruption. Let us join hands in fighting the menace of corruption.

Smriti Irani: India has taken a historic step to fight corruption, black money & counterfeit currency.

Akhilesh Yadav: Central government must setup special banking counters in villages & district centres to assist the public, villagers & farmers.

Shivraj Singh Chouhan: Ye safai parv hai, said MP CM  on Govt’s decision to withdraw 500 and 1000 Rs notes.

First Published | 8 November 2016 11:39 PM
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