Demonetisation will be beneficial for people in long run, says Prime Minister Narendra Modi at Pune

Prime Minister Narendra Modi inaugurated the International Conference on sugarcane value chain at Pune on Sunday.

Excerpts from PM Modi’s speech at the conference are mentioned here:

# Prime Minister Modi said that people will temporarily face problems due to demonetisation but it will be beneficial in the long run. He appealed people to give him some time to make the situation better.

# He stressed that if he had taken this step before November 8, people who had stashed black money would have become alert.

# He assured people that no one needs to exchange their Rs. 500/1000 notes for even 1 rupee less; they would receive exact change.

# Moreover, the Prime Minister discussed the role of technology which will play an important role in developing agricultural pattern of the    country. He also reached out to the farmers while assuring them that they will not be taxed. 

# PM Modi claimed that we Indians have an assured market and requirement of pulses. Thus, we should also think about pulses in addition to sugar. 

# He said that there’s a huge demand for bamboo in the global market and we must give impetus to its plantation in India also.

# PM Modi also claimed that on visit to Mauritius, he had witnessed that people there didn't depend on flood irrigation and their fields were equipped with sprinklers.