Note ban like 'labour pain'; motive is 'less cash' not cashless: Prasad
December 16, 2016  21:21
Union Law Minister Ravi Shankar Prasad today likened demonetisation woes to 'labour pain', saying its end result would be as 'joyful' as the birth of a baby.

Prasad made the remarks at an event organised by the Delhi Bharatiya Janata Party's IT cell that lay emphasis on how demonetisation was an opportunity for the country's transition towards a cashless economy.

However, Prasad said the government's motive behind demonetisation was 'less cash', not cashless. He criticised the Opposition parties for not allowing the Parliament to function.

"People will face a little problem. But the pain is like the one that a woman in labour undergoes. Eventually one will experience the joy like one does hearing the first cry of a baby," Prasad said.

He asserted that the defunct notes deposited in the banks will be scrutinised and not all of it will be considered 'white'.

He said the amount deposited in the banks will help in investing in strengthening the Indian Army, assisting farmers, small traders, building roads, adding that 'naxals and terrorists' are a troubled lot due to the decision.
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