Demonetisation: PM Narendra Modi to address nation before New Year

However, it was not clear as to whether he would address the nation on Friday or Saturday

Prime Minister Narendra Modi. Photo: PTI
Prime Minister Narendra Modi. Photo: PTI
Press Trust of India New Delhi
Last Updated : Dec 29 2016 | 12:05 PM IST
With the 50-day period for depositing of demonetised notes expiring tomorrow, Prime Minister Narendra Modi is set to address the nation before the dawn of the New Year.

"Prime Minister Narendra Modi is likely to address the nation before dawn of the New Year," sources said.

However, it was not clear as to whether he would address the nation on Friday or Saturday.

Also Read

In his address, the Prime Minister may 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 demonetisation took place.

He may also speak on the steps to deal with the problems the economy faces after the demonetisation was announced on November 8.

The Prime Minister in his public meetings in the last few weeks has been urging the people to bear with the pain following the government's decision and that it would start easing gradually once the 50-day period is over.

On Tuesday, Modi met economists and experts at a meeting in Niti Aayog to discuss the current economic situation.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 29 2016 | 12:00 PM IST

Next Story