2016 Isn’t Over Yet. PM Narendra Modi Will Address India On Note Ban Before New Year

SW Staff

On November 8, PM Modi stunned the nation by announcing the scrapping of Rs 500 and Rs 1000 currency notes. 

Now, with the 50-day period for depositing of demonetised notes expiring tomorrow, the Prime Minister is set to address the nation once again before the dawn of the New Year.

However, it was not clear as to whether he would address the nation on Friday or Saturday. An India Today report says that will be addressing the nation on December 31 at 7.30 pm. 

This is largely seen as an effort to reach out to the people across the nation after demonetisation and celebrate the success of the note ban. 

Also after his 50-day self-chosen demonetisation deadline is closing in, it is speculated that the PM is keen on announcing more reforms to bring some relief to the citizens who have struggled to cope up with this sudden economic reform.

b’Source: PTI’

Narendra Modi will offer a headline-grabbing policy move aimed at generating feel-good after the 50-day ‘trial’ period of demonetisation gets over on December 30,” a report in Economic Times said. 

He may also speak about the roadmap post the demonetisation period especially on the steps likely to be taken to ease cash flow that has been a major problem ever since demonetization took place.

People had the funniest reactions to this announcement on Twitter:

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