Prime Minister Narendra Modi is likely to address the nation on Saturday evening (31st December), a day after 50-day deadline post demonetisation came to an end on Friday. According to television reports, “Narendra Modi’s address to the nation on New Year’s eve could be preponed or postponed.”
PM Modi is expected to throw a light on the post-demonetisation steps to further curb the scourge of black money and counterfeit currency. There were reports that PM Narendra Modi will speak to the nation on 31st December at 7:30 PM. However there is no official confirmation about Narendra Modi’s address.
This will be PM Modi’s second address to the nation since November 8, when he outlawed 500 and 1,000 rupee notes. It is likely that the Prime Minister’s address will primarily be focused on demonetisation and its future road-map.
The Prime Minister has pitched a transition to a cashless economy as the next big step in his efforts to ensure transparency and end corruption.
The government has announced several incentives for digital transactions for both consumers and for traders. On Friday, PM Modi launched an indigenous digital payments app that will allow fast and secure cashless transactions using mobile phones.
Also Read: Prime Minister Launches UPI Based BHIM App; All You Need To Know
The App is named BHIM after Babasaheb Bhim Rao Ambedkar, the architect of the Indian constitution, and is also an acronym for the Bharat Interface through Unified payment Interface (UPI) and USSD.
