Mon, Dec 5, 2016 | updated 10:01 AM IST

Shiv Sena hails demonetisation, calls for measures to relax cash crisis

Updated: Nov 14, 2016 12:20 IST

Mumbai (Maharashtra), Nov 14 (ANI): The Shiv Sena on Monday hailed the BJP-led NDA regime's bold step of demonetisation and asserted that such a move was required to combat the menace of black money.

Shiv Sena leader Sanjay Raut said that his party is with the government in the fight against black money but added the Centre should also address the grievances of the common public which is suffering due to monetary crisis.

"The government has full right to take such a bold step to combat the menace of black money and we are with the government in this endeavour. We demand that black money should be brought to an end and the nation should get a strong economic policy," said Raut.

"Our issue is that measures should be taken to address the incumbent grievances of the common man, who does not possess black money. The Prime Minister is talking about 50 days, I say the people are not ready to wait for 50 hours," he added.

During an emotional address to the people in Goa, Prime Minister Modi yesterday said that he left his family and home to serve the nation, adding he understands the pain of the people who have been waiting in long queues to exchange their currencies.

"I was not born for sitting on a chair of high office. Whatever I had, my family, my home...I left it for the nation," Prime Minister Modi said.

"Yes, I also feel the pain. These steps taken are not a display of arrogance. I have seen poverty and understand the problems of the people," he added.

The demonetisation by the government has thrown normal life out of gear for those falling under the lower income group across the country as the new endeavour has caused cash crunch. Long queues at ATMs and bank branches are being seen as worried customers are thronging them to exchange or deposit their old cash and withdraw money.

On November 8, Prime Minister Modi announced demonetisation of currency notes in a major assault on black money, fake currency and corruption. (ANI)