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Short term pain lead to long term gains: Modi on demonetisation

PTI New Delhi | Updated on January 16, 2018 Published on December 08, 2016
Prime Minister Narendra Modi

Prime Minister Narendra Modi

Prime Minister Narendra Modi tweets on benefits of demonetisation

Amid strong attack by Opposition over demonetisation, Prime Minister Narendra Modi today took to Twitter to assert that the “short term pain” will pave the way for “long term gains” and insisted that farmers, traders and labourers stand to gain from this step.

In a series of tweets, Modi spoke about the benefits of demonetisation and said the country has a “historic opportunity” to embrace increased cashless payments.

“I salute the people of India for wholeheartedly participating in this ongoing ‘Yagna’ against corruption, terrorism & black money,” he said.





“Together, we must ensure #IndiaDefeatsBlackMoney. This will empower the poor, neo-middle class, middle class & benefit future generations,” Modi added.





“I always said that the government’s measure will bring a degree of inconvenience but this short term pain will pave way for long term gains,” the Prime Minister added.





He said the decision has several gains for farmers, traders, labourers, “who are the economic backbone of our nation” and “no longer will the progress and prosperity of rural India be curtailed by corruption & black money. Our villages must get their due.”





He went on to add, “We also have a historic opportunity to embrace increased cashless payments & integrate latest technology in economic transactions.”





The tweets came amid strong attack by Opposition against him over demonetisation decision.

Published on December 08, 2016
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