Question

debate on demonitisation

Answer 1

Good morning everyone present here. Distinguished guests, learned jury, and my dear fellow students, I stand here to express my views on 'PM Narendra Modi's decision of banning 500&1000 notes.' And I am going to speak in favour the motion. Demonetization of 500 and 1000 rupees notes is as significant as Mahatma Gandhi’s campaigns and movements against the British for freedom. PM Modi’s banning the notes aims at ferreting out billions of rupees stashed away in hard cash by some unscrupulous anti-national people such as criminals, terrorists, drug-smugglers, gamblers, corrupt politicians and officers, and businessmen.

It has been reported that India is on top of the list of countries that have kept their black money in Swiss Banks. India with $1,456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined. So you can imagine the extent of black money problem in our country. If the same amount is brought back to our country, our economy will flourish fast. PM Modi’s intention behind the move is purely to break the back of those people who have the black money or are involved in black money activities. Secondly, some anti-national agencies are using this black money and fake money to destabilize India. Pakistan and China are directly involved in these countries. PM Modi’s move aims at disrupting their anti-India activities by banning these notes, as it has been confirmed, these anti-India agencies use fake 500 and 1000 rupees notes by printing them.

I just wonder at some political parties in opposition who are unnecessarily making such a mountain out of a molehill. The PM has taken this step keeping the country’s prosperity and security in mind. Undoubtedly, there will be some inconvenience for some days. Such politicians as are trying to take undue advantage of the situation must be ashamed of themselves. Besides, the poor, the mediocre sections of India have welcomed this decision of the PM. I strongly endorse the PM’s decision.