It was the best time for demonetisation as the economy was strong : Modi

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In his 90-minute speech, which was punctuated by protests by some Opposition members at certain points, Modi also raised pitch for simultaneous elections to Lok Sabha and Assemblies, asking all parties to consider the proposal, rising above political considerations as “everybody will face some difficulty” if it is implemented.

On demonetisation over which he has been under sustained attack, the Prime Minister asserted that the timing of the decision announced on November 8 last year was perfect.

“Some people have said why was this (demonetisation) decision taken when the economy was doing well…It was the best time for demonetisation as the economy was strong. Had the economy been weak, then we could not have done it successfully,” he said.

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