Monday, October 13, 2025
11.4 C
Srinagar

Noteban was a courageous step taken for betterment of economy: PM

New Delhi, Apr 5  : Prime Minister Narendra Modi said on Friday that the demonetisation decision taken by his government in 2016 needed huge courage which resulted in betterment of the Indian economy in the long run.
“Noteban was a courageous step which had resulted in betterment of country’s economy in the long run,” the Prime Minister told a private news channel.
He said the banning of Rs 1,000 and Rs 500 old currency notes had helped his government in tracking black money and undisclosed income.
Asked about fugitives like Nirav Modi, Vijay Mallya and Mehul Choksi, who have fled the country, the Prime Minister said they have duped the country in the previous 10 years and the scandals did not take place after they were elected to power.
But they have never thought this government would come. After this, they got scared and fled the country, he added.
The Prime Minister said Nirav Modi was arrested in London after they have taken measures. His properties was being seized.
“The nation has a law and we are utilising it. But it is to see why these people had to flee, it was because they were enjoying under Congress rule.”
UNI.

 

Hot this week

Lieutenant Governor inaugurates 2nd edition of Kashmir Literature Festival at Srinagar.

Writers must do research and use critical proof to...

‘Deadlock’ between ruling allies over seat-sharing deal for RS Polls

NC offers ‘risky’ seat, Congress wants ‘safe’ seat; talks...

Cabinet Minister in Omar Abdullah Govt says, ‘full-fledged Darbar Move this year’

Srinagar : A Cabinet Minister in the Omar Abdullah-led...

LG Manoj Sinha Pays Tributes to Army Bravehearts Martyred in Kishtwar Operation

Srinagar: Lieutenant Governor Shri Manoj Sinha laid a wreath...

Topics

‘Deadlock’ between ruling allies over seat-sharing deal for RS Polls

NC offers ‘risky’ seat, Congress wants ‘safe’ seat; talks...

LG Manoj Sinha Pays Tributes to Army Bravehearts Martyred in Kishtwar Operation

Srinagar: Lieutenant Governor Shri Manoj Sinha laid a wreath...

Choudhary Ramzan, Sajad Kichloo, Shammi Oberoi named NC candidates

Talks underway with Congress for 4th Seat: SagarSrinagar :...

Srinagar Police Raid Residences Of 21 OGWs Linked To Terror Groups

AM News NetworkSrinagar: Police on Friday said that in...

India Decides To Upgrade Technical Mission In Kabul To Full-Fledged Embassy

New Delhi : India on Friday announced the upgrading...
spot_img

Related Articles

Popular Categories

spot_imgspot_img