Expect fireworks as PM to address nation on the eve of New Year

DSIJ Intelligence / 29 Dec 2016

Expect fireworks as PM to address nation on the eve of New Year

As per widespread media reports the Prime Minister, Narendra Modi is set to address the nation on the eve of new year i.e. December 31, 2016. The speech is expected to be focused on the note ban issue and the road ahead with respect to the demonetisation drive and cash clean-up of the economy.

As per widespread media reports the Prime Minister, Narendra Modi is set to address the nation on the eve of new year i.e. December 31, 2016. The speech is expected to be focused on the note ban issue and the road ahead with respect to the demonetisation drive and cash clean-up of the economy.

In his speech PM is likely to reassure the nation of the profitability his measures will bring in the longrun, and as the firebrand politician displays his oratory skills, acting on mob mentality, will be a good food for thought. He is expected to discuss the achievements of his government in the aftermath of the currency demonetisation move taken on November 8, 2016.

His address to the nation is likely to have implications on the nation’s economy and financial markets too, as Modi’s 50-day promise on cash clean up comes to an end tomorrow, i.e. December 30, 2016. He has already indicated in his previous address that he would take more serious steps to weed out corruption and illicit money, in the country and abroad.

The new year eve speech will be televised live across the nation at around 7:30 pm in the evening as per certain reports. There is a possibility that PM may usher in the new year on a happy note for all the citizens of the country facing hardships post the demonetisation move.

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