Excelsior Correspondent
RAMNAGAR, Dec 5: Ranbir Singh Pathania, MLA from Ramnagar Assembly Constituency today said that the demonetization drive launched by Prime Minister Narendra Modi was aimed at nailing in the dishonest and black money hoarders and those who were honest and had earned money by legitimate means, need not fear the ‘Demonetizations drive’ .
He was addressing a large public gathering during the today’s Janta Darbar, organized at Ramnagar. He said that as promised, the present Government, led by Prime Minister Narendra Modi was fully committed to make the life of “Aam Aadmi” simple, easy and they would be witnessing “Acche Din” as promised.
He said that Prime Minister’s announcement on the demonetization of 1000 and 500 rupee notes on November 8 came as a sigh of relief to the people of India and it also speaks volumes about the political commitment of Narendra Modi to curb black money. “In a country of 1.21 billion people, only 3 million people file income tax return and only 2 million actually pay it. The step taken by the Government may have created a situation of distress, panic and uncertainty in the short run but in the long-run this bold step is for the betterment of the economy,” he explained.
Further he said that money collected by Government. by way of this exercise will add to national financial resources, which can be used for development activities like bullet train, renewable energy, road infrastructure, agriculture etc. “The State of Jammu and Kashmir needs these funds in order to lift the people out of poverty, ignorance, illiteracy and militancy.” he added.
Maintaining that great thing cannot be done overnight, Pathania said that in long term, this historic decision will have positive impact on the economy, will ease the inflation, provide funds to Government for development and further result in developing a transparent, corruption free and cashless society.
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