Currency situation will improve slowly after Dec 30: PM Modi

Prime Minister Narendra Modi made it clear on Saturday that the post-demonetisation path to normalcy will be gradual and slow even after the 50 days that he had sought to deal with hardships end on December 30.

Modi seemed to be preparing public opinion for continued demonetisation pangs, even as he said the situation will improve. “…Lekin pachas din ke baad maine hisab lagaya hai ki dheere, dheere, kar ke pehle jaisi sthithi ki taraf aage badhenge (After 50 days, I have calculated, we will slowly, slowly, move towards what the situation was earlier),” he said.

Speaking in Goa on November 13, Modi had asked people to bear with the fallout of demonetisation for 50 days till December 30. “Maine desh se pachas din mange hai… Agar 30 December ke baad meri kami reh jaye, koi meri galti nikal jaye, koi galat irada nikal jaye, aap mujhe chaurahe mein khada karenge… khada ho ke desh jo saza kahega wo saza bhugatne ko tayyar hoon (I have asked for 50 days from the nation. If after December 30, I am found wanting, am guilty of error or wrong intentions, I am ready for any punishment the country will pronounce),” Modi had said in Goa.