First Mann Ki Baat Post Note Ban: PM Pitches for Cashless Economy

This was PM Modi’s first Mann Ki Baat address after the move to demonetise Rs 500 and Rs 1,000 notes.

(Photo Courtesy: narendramodi.in)

Giving a push for the country to go digital, Prime Minister Narendra Modi on Sunday in his first Mann Ki Baat address after the move to demonetise Rs 500 and Rs 1,000 notes, appealed to the nation, particularly the young generation, to embrace e-banking and mobile banking for cashless transactions.

“Time has come for everyone, particularly my young friends, to embrace e-banking, mobile banking and more such technology,” Modi said in a tweet before his 'Mann Ki Baat' radio address to the nation.

The Prime Minister suggested that mobile should be used for banking purposes.

Common man will be trouble-free if they are made aware of the digital financial transaction options. I reiterate that I need your support. I am positive that you will help me. Take a pledge that you’ll b a part of cashless economy.

India Will Shine like Gold After Demonetisation Fire

PM Modi added that he was confident that India would shine like gold after demonetisation, which will help curb black money in the country.

Just like gold we will emerge glowing from this fire. The main reason behind this confidence is our people.

Modi said he had cautioned that there would be inconveniences caused by the move and that "we would face new problems".

"I had said it will take about 50 days for the situation to normalise. It is not easy to get rid of the 70-year-old problem"

Listen to the full address below.

(With agency inputs)