PM Modi on December 16th, 2016 has revealed that in 1971, former PM Ms. Indira Gandhi had been advised to bring in demonitsation, but she chose not to, because she wanted to gain vote banks. This had resulted in the extremely poor condition of the country.
PM Modi said, “When (the then Finance Minister) Y B Chavan told her about the proposals (of the Wanchoo committee) on demonetisation and his view that it should be accepted and implemented forthwith, she (Indira Gandhi) just looked at him and asked Chavan only one question: ‘Chavanji, are no more elections to be fought by the Congress party? Chavan got the message’. Tell me, is the nation big or the party for them?”
“If that work was done in 1971, the country would not have been destroyed like this. Is this how the country should have been run? All these difficulties we are facing now… because for them, the party is bigger than the country. But for us, the country is bigger than the party.”
He thanked the governments of Odisha and Bihar for their support on his demonetisation move and criticised the Communists for opposing it. He quoted Jyotirmoy Basu and Harkishan Singh Surjeet to point out that Communist had always backed demonetisation to fight black money.
“With their behaviour in the House during this winter session, the Communist party has proved that it has compromised its ideology with Congress… The CPM has moved away from its ideological path,” he said. “The fundamental difference is that earlier the House used to be stalled whenever there was an expose on a scam or over a serious issue of corruption. It is the first time that treasury benches are taking steps against corruption and black money, and the Opposition gets together to protect the dishonourable,” he added.
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