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‘Situation of cash crunch would improve after Jan’

 Simontini Bhattacharjee |  2016-12-30 23:36:25.0  |  New Delhi

‘Situation of cash crunch would improve after Jan’

Accusing Congress of trying to “tar” the government’s image by calling demonetisation a scam, Union minister M Venkaiah Naidu on Thursday said the note ban move was an “anti-scam vaccine” but the opposition party is rattled at the prospect of the government going after illegal money.

The I&B minister said the inconvenience that has been caused because of shortage of currency notes would decline further in January and the situation would rapidly improve thereafter. Naidu said that the government was trying to usher in cleanliness in all aspects of the society and this massive exercise is a form of ‘yagna’ and there could be inconvenience.

“Some asuras are always trying disturb the peace during the yagna. But this Prime Minister is determined, he wants to make this transformation of India a reality,” he told reporters here.

Naidu said that while critics had claimed that Narendra Modi had mounted a tiger, he also knows how to dismount a tiger as he had done so many times in the past. He said that the Prime Minister has provided a “scandal-free government” in the last two-and-a-half years as per the mandate of 2014 and demonetisation was a part of a grand strategy to usher in transparency.

Demonetisation was an “anti-scam vaccine introduced by the Prime Minister to prevent scams from taking place, to curb corruption and black money generation”, he said. He claimed that Congress and its friends are making baseless allegations and are “rattled by the prospect of the government going after those who made illegal deposits in banks and bought benami properties”.

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