GST, demonetisation done to benefit people: Venkaiah Naidu
Kolkata: Hailing the Centre's implementation of GST and demonetisation of higher value notes, Vice President M. Venkaiah Naidu on Saturday said both the moves were made to benefit the common people and change the country's economy.
"With the GST, initially there was some pain. But in the larger picture the GST is going to revolutionise Indian banking system. As a result, the country's economy will change," Naidu said at the 11th Global Healthcare Summit organised by American Association of Physicians of Indian Origin (AAPI) here.
Naidu also said while some people have criticised demonetisation, the move taken on November 8, 2016, has ensured that all the undisclosed cash in the country comes back to the banks.
"I can say one thing about demonetisation or remonetisation that the money that was hidden under the bed or inside the bathrooms before has come back to the banks. The money has come to the bank with its address. Now it up to the Reserve Bank of India to decide, how much is white money and how much is black money," he observed.
The Vice President also praised the people of the country for putting up with the trouble with depositing their money after demonetisation and termed the situation as "short term pain for long term gain".
"The common people have a lot of common sense. They realised its impact. Otherwise standing in queues for 51 days for your own money is no joke. Any improvement in the system is for the benefit of the common people," he added
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BJP leaders welcomed Middle East Sheikhs but watched Sufi shrine vandalism with glee: Mehbooba
Srinagar (PTI): Peoples Democratic Party president Mehbooba Mufti on Tuesday lashed out the BJP saying that its leaders rolled out red carpets for Sheikhs from the Middle East but watched with glee when the shrine of Sufi poet Baba Bulleh Shah was vandalised.
"BJP leaders pose in mosques abroad and roll out red carpets for Middle Eastern Sheikhs. But back home, they watch with glee the shrine of Sufi poet Baba Bulleh Shah being vandalised," Mehbooba said on X.
The former Jammu and Kashmir chief minister accused the saffron party of deliberately adopting double standards.
"This hypocrisy is not accidental but deliberate. Destroying symbols of harmony is easier than answering for rising poverty, mass unemployment and a future stolen from the younger generation," she added.
Mehbooba was reacting to right wing Hindu activists vandalising the shrine of Baba Bulleh Shah in Mussoorie on January 24.
