NaMo thanks people on DeMo

New Delhi: The ruling BJP and Congress-led Opposition locked horns on Wednesday, on the first anniversary of demonetisation. While the ruling party is celebrating November 8 as ‘anti-black money day’, several Opposition parties have been observing it as a ‘black day.’

While Prime Minister Narendra Modi called demonetisation “a historic and multi-dimensional success” on its first anniversary, the Congress said the decision to scrap high-value banknotes was a “tragedy” and a “thoughtless act” that destroyed the livelihood of millions of people. The Congress described the note ban decision as the “biggest scam” and “the largest government-abetted money laundering scheme”.

Modi thanked the people of the country for supporting his government’s measures to eradicate black money and said Indians “overlooked” small troubles in the fight against corruption. “In the history of any country, there are moments where every person feels they want to be a part of that moment. Every common citizen can participate in this war against corruption, black money and counterfeit currency,” Modi was seen saying in a video that he tweeted.

“I bow to the people of India for steadfastly supporting the several measures taken by the Government to eradicate corruption and black money,” the Prime Minister said in a tweet. “125 crore Indians fought a decisive battle and won,” he added.

“People have got multiple benefits from demonetisation like reduced rate of interest for loans, a decrease in real estate prices, increased income of urban local bodies, etc,” he said in a slide posted on Twitter.