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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Imphal, Apr 6 (PTI): The house of the BJP Minority Morcha's Manipur president, Asker Ali, was set on fire by a mob on Sunday night allegedly for supporting the Waqf Amendment Act, officials said.
The incident happened at Lilong in Thoubal district, they said.
Ali had expressed his support for the Act on social media on Saturday.
An irate mob gathered outside his residence around 9 pm, vandalised it and later set it on fire, officials said.
Following the incident, Ali posted a video on social media, apologising for his earlier statement. He also expressed opposition to the Act.
Earlier in the day, protests were held in different parts of Imphal Valley against the Act.
Over 5,000 people participated in a rally that disrupted the traffic on NH 102 at Lilong.
In some places, the protesters got engaged in a scuffle with the security forces, officials said.
One such incident happened at Irong Chesaba in Thoubal in the morning. The scuffle broke out after the demonstrators were stopped by the security forces from moving forward.
The demonstrators raised slogans against the BJP-led government at the Centre, decrying the Act.
"The Waqf Amendment Act is against the ethos of the Constitution. It is completely unacceptable for the Muslim community," said Sakir Ahmed, a protester.
Protests were also held in Kshatri Awang Leikai, Kairang Muslim and Kiyamgei Muslim areas in Imphal East, and Sora in Thoubal district, among other places.
Security has been strengthened in Muslim-dominated areas of the Valley, with additional forces deployed, officials said.
The Waqf (Amendment) Bill was passed by the Lok Sabha on Thursday, and by the Rajya Sabha in the early hours of Friday after marathon debates in both Houses of Parliament.
The Act aims to streamline the management of Waqf properties (assets permanently donated by Muslims for religious or charitable purposes) with provisions to safeguard heritage sites and promote social welfare. It also seeks to improve governance by enhancing transparency in property management, streamlining coordination between Waqf boards and local authorities and protecting stakeholders’ rights.
President Droupadi Murmu gave her assent to the bill on Saturday.
Breaking:
— Dr. Lamtinthang Haokip (@DrLamtinthangHk) April 6, 2025
An angry mob of Lilong set fire to the house of @BJPManipur Minority Morcha President, Mr. Askar Ali Mkm for insulting fellow community & supporting the recently passed Waqf (Amendment) Bill, 2025. @rashtrapatibhvn @INCIndia @INCMinority @INCAdivasi @the_hindu… pic.twitter.com/PINixnXGma