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Modi Speech Live: PM's Policies Just For 50 Businessmen Friends, Says Congress

News18.com | December 31, 2016, 10:50 PM IST
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After 50 days of demonetisation pain, PRIME Minister Narendra Modi announced a slew measures for farmers, urban poor and small entrepreneurs besides housing loan subsidies for the poor and new incentives for senior citizens.

Immediately after the PM's address, Congress termed it as a 'disappointment' and West Bengal chief minister Mamata Banerjee wondered on Twitter why the PM had not revealed the amount of black money that was recovered after November 8.

Here is a LIVE BLOG of the PM's speech.

Dec 31, 2016 10:50 pm (IST)
Dec 31, 2016 10:49 pm (IST)
Dec 31, 2016 10:43 pm (IST)
Dec 31, 2016 9:33 pm (IST)
Dec 31, 2016 9:30 pm (IST)

Prime Minister's announcements will enhance economic activities: Finance Minister Arun Jaitley- PTI

Dec 31, 2016 9:22 pm (IST)
Dec 31, 2016 9:21 pm (IST)

I congratulate PM Modi for the new initiatives announced for housing of the poor and lower middle class: Amit Shah, BJP President

Dec 31, 2016 9:19 pm (IST)
Dec 31, 2016 9:10 pm (IST)

Modi Ji didn't talk about the seized fake currency and the actions taken against the people caught with it. 

Modi Ji didn't tell how many corrupt people were caught in this process. 

Why didn't the PM tell the Nation about the corrupt people name which came out from Panama Papers and other tax heaven process? 

PM didn't tell what actions he is going to take against his party's corrupt people. PM didn't tell the loss to the economy due to demonetization.

Dec 31, 2016 9:01 pm (IST)

PM Modi's purification process badly affected the economy and took the life of 125 people, but PM decided to come up with his ego instead of asking for forgiveness: Surjewala  

Dec 31, 2016 9:00 pm (IST)
Dec 31, 2016 9:00 pm (IST)

PM talks about moving forward he should have thought about the suggestions given by Congress VP Rahul Gandhi. 

We once again demand PM to take actions due to the damage done by Demonetization and stop cheating the people. 

We once again demand BPL Women to be given Rs 25000 in their accounts, MNREGA DAILY PAY to be doubled from the present amount, Small Businessmen to be given 50% rebate in sales tax and income tax.

Dec 31, 2016 8:58 pm (IST)
Dec 31, 2016 8:52 pm (IST)

The reality of PM Modi's demonetisation drive is "take away from the poor and give it to the rich", says Congress leader Randeep Surjewala

Dec 31, 2016 8:50 pm (IST)

The reality is that the poor is bieng robbed and the rich are being fed: Surjewala 

Dec 31, 2016 8:49 pm (IST)

Modi Ji said the banking system will take time to be back on track which means no 'Deadline only Headline' which applies on the actions of Modi Ji: Surjewala 

Dec 31, 2016 8:48 pm (IST)

There was a huge expectation that PM will end the cap on withdrawls but that did not happen: Surjewala

Dec 31, 2016 8:48 pm (IST)
PM Modi should apologise the nation for pushing the towards "financial emergency", says Congress leader Randeep Surjewala
 
Dec 31, 2016 8:47 pm (IST)

We expected a better roadmap from the PM but he has disappointed us: PM Modi

Dec 31, 2016 8:47 pm (IST)

Modi's 'Shuddhi Yagna' took 125 lives. He didn't utter a single word condoling the deaths caused due to demonetisation: Surjewala  

Dec 31, 2016 8:46 pm (IST)

PM's announcement for Medium and Small 

Small industries credit guarantee increased from 1 cr to 2 crore. Govt will provide guarantee when banks lend to small industries. NBFCs also included in this scheme
Cash credit limit raised for small industries from 20% to 30%
Working capital limit for small industries raised from 20% to 30%

For small industries with turnover of 2 crore, Interest rate rebate to 6% from 8%

Dec 31, 2016 8:43 pm (IST)
Dec 31, 2016 8:43 pm (IST)
Dec 31, 2016 8:43 pm (IST)

PM's announcement for Medium and Small 

Small industries credit guarantee increased from 1 cr to 2 crore. Govt will provide guarantee when banks lend to small industries. NBFCs also included in this scheme
Cash credit limit raised for small industries from 20% to 30%
Working capital limit for small industries raised from 20% to 30%

For small industries with turnover of 2 crore, Interest rate rebate to 6% from 8%

Dec 31, 2016 8:37 pm (IST)
Dec 31, 2016 8:37 pm (IST)
Dec 31, 2016 8:36 pm (IST)
Dec 31, 2016 8:36 pm (IST)
Dec 31, 2016 8:36 pm (IST)
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