PM Modi likely to address the nation again on 31st December

Delhi, 29 Dec: Prime Minister Narendra Modi will address the nation through public broadcaster Doordarshan on the eve of the new year, it is understood.

Sources suggested Modi’s speech will primarily focus on Demonetisation and will talk about the support of the people for his ambitious scheme of scrapping high-value currency to drain black money from the economy. It’s also speculated that he might also announce further steps, including some relief to ease a nationwide cash crunch and a crackdown on properties registered in fake names which he has been highlighting over the past 50 days.

On November 8, PM Modi had taken the nation by surprise as he announced the scrapping of Rs 500 and Rs 1000 currency notes in an address to the nation. He had set a deadline till December 30 for people to deposit old notes in bank accounts, a move that his political rivals tried to hijack by all means.

The political tussle over demonetisation is set to continue well into the new year as ruling BJP has planned a long series of rallies and campaign programmes to tell people the benefits of a cashless economy. Demonetisation has been a big issue in the local polls and by polls until now and will continue to be one in next assembly elections in states like Punjab, Goa and Uttar Pradesh.

Prime Minister Narendra Modi, spearheading the government’s aggressive campaign on demonetisation, has a packed schedule. He will be in Lucknow on January 2, Tirupati in January 3 and Patna on January 5.

“While he will be going there for official engagements, he is likely to give further push to cashless economy,” said a source.

Later, he will go to Bangalore on January 8 and his home state Gujarat on January 9.