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Rolling back a decision not in Narendra Modi's blood: Venkaiah Naidu

Union minister M Venkaiah Naidu today ruled out a withdrawal of the government's demonetisation decision, saying rolling back something is not in Prime Minister Narendra Modi's blood.

India TV Politics Desk New Delhi Published : Nov 23, 2016 18:05 IST, Updated : Nov 23, 2016 18:05 IST
Narendra Modi, Venkaiah Naidu, Roll back, Demoneti
Venkaiah Naidu today ruled out a withdrawal of govt's demonetisation decision

Union minister M Venkaiah Naidu today ruled out a withdrawal of the government's demonetisation decision, saying rolling back something is not in Prime Minister Narendra Modi's blood.   

Stressing that the decision to withdraw old Rs 500 and Rs 1000 notes "will not be taken back in any situation", he said the government is "ready to make improvement" and asked the Opposition parties to come forth if they have any suggestions regarding it.  

"Wapas lena Modi ji ke khoon mein nahi hai," he said while addressing a 'mahapanchayat' of Delhi Dehat Kisan Mazdoor here.  

Naidu's comments came in the background of some parties, including Trinamool Congress and Aam Aadmi Party, vehemently opposing the demonetisation move and demanding its rollback.  

Underlining that the government is ready for a discussion in Parliament over the issue, he charged the Opposition parties of "escaping from the debate" by creating a ruckus.  

Lok Sabha and Rajya Sabha continue to witness heated exchanges between the government and the Opposition over the demonetisation issue, leading to adjournments every day in this Winter Session. 

Naidu also lashed out at the Opposition leaders for comparing the Uri terror attack martyrs with those who allegedly died while facing hardship following the November 8 decision to withdraw the high notes. "It's a shame... very unfortunate. They are trying to politicise the issue."  

Opposition parties today came together to protest against demonetisation outside Parliament, with almost 200 MPs from various parties participating in the demonstration.  

With a united opposition protesting and almost 200 MPs from various parties participating in the discussion, the Prime Minister should explain in Parliament why he took such a decision and why he "leaked" the decision to his industrialist friends and BJP leaders, he said.  

Claiming that the Modi government has the support of poor people, he noted that demonetisation will benefit the marginalised section of society and farmers.  

He said some people are "not able to weep nor sleep" because of the decision and suggested that the move should be not termed as "notes ban" but as "exchange of notes".  

Stressing that the government is aware of the hardship faced by the people, he said the decision, which is aimed at making the country cashless, had to be taken with all secrecy as otherwise its motive would have failed.  

Noting that the country has Rs 16 lakh crore currency in circulation, he said it is not an easy task to change that much amount suddenly and the process of printing notes too takes time.  

Terming the decision as "revolutionary and historic", he said the decision is in favour of the country and urged the media to play constructive role. 

Farmer leaders present at the event hailed the decision, saying they were ready to "face the hardship for the bright future of the country" but urged the government for relaxation in withdrawal of money for marriages and other purposes.  

BJP MP Pravesh Verma, son of former Delhi Chief Minister late Sahib Singh Verma, was also present on the occasion.  

(With PTI inputs)

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