Stating that the government's measure will bring a degree of inconvenience, Prime Minister Narendra Modi said, "Short-term pain due to demonetization will pave way for long-term gains."
Amid ongoing protests from the Opposition parties, Prime Minister Narendra Modi on Thursday said that the government's decision of demonetization had several gains and that people must ensure that India defeats black money.
"The Government's decision has several gains for farmers, traders, labourers, who are the economic backbone of our nation. I always said that the government's measure will bring a degree of inconvenience but this short term pain will pave way for long term gains," said Modi in a series of tweets.
Stating that no longer will the progress and prosperity of rural India be curtailed by corruption and black money, Modi added, "Our villages must get their due. We also have a historic opportunity to embrace increased cashless payments and integrate latest technology in economic transactions."
Calling youngsters the agent of change, Modi said, "My young friends, you are agents of change who will make India corruption free and ensure more cashless transactions."
"Together, we must ensure #IndiaDefeatsBlackMoney. This will empower the poor, neo-middle class, middle class & benefit future generations," he added.
Earlier in the day, Opposition leaders observed a 'Black Day' in Parliament premises to mark one month of the announcement of demonetization with Rahul Gandhi launching a scathing attack on Prime Minister Narendra Modi, saying his "foolish decision" had "devastated" the country.
Leading the protest, Gandhi accused Modi of shying away from having a discussion on the issue in Parliament, but stressed that opposition parties will "not let him run away" from both Houses, where "everything will become clear" once the Prime Minister takes part in the debate.
"The Prime Minister took this so-called bold decision. The bold decision can also be a foolish decision. And this was a foolish decision, it has devastated the country. More than 100 people have died. Farmers, fishermen, daily wage earners have been hit hard," Rahul said.
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