Demonetisation, a victory 125 crore Indians: PM Modi on first anniversary of note ban

One of the main objectives of demonetisation was flushing out black money from the economy and expand the tax base. Here's how note ban impacted both. 

Demonetisation may cost the BJP at least this one vote in Himachal Pradesh. Staying in the Great Himalayan National Park alone, octogenarian Chatri Devi is determined to vote against demonetisation as her three banknotes are no good. Read more here. 

Tweeting in support of noteban, Railways Minister Piyush Goyal said, "Black money has been there for a long time. Demonetisation has pushed India towards a transparent, formal economy. #AntiBlackMoneyDay" 

Black money has been there for a long time. Demonetisation has pushed India towards a transparent, formal economy. #AntiBlackMoneyDay pic.twitter.com/D5fULyj7bQ

— Piyush Goyal (@PiyushGoyal) November 8, 2017

PM Modi posted a 7-minute video take us through India's economic progress a year after the demonetisation drive was announced. Watch

Meanwhile, BJP leader and Patna MP Shatrughan Sinha took to the social media on Tuesday, to take a jibe at Centre and profess his loyalties to veteran party leader LK Advani.

"Tomorrow is November 08 the 'black day', oh sorry, black money eradication day. Our people celebrating the demon anniversary and its great or hollow effect of getting much hyped black money (which I'm sure RBI is not aware of) from Swiss Bank, Singapore, Germany, even Timbuktu," he tweeted.

Congress vice-president Rahul Gandhi along with several other Opposition leaders will be in Surat on Wednesday to observe Black Day

Asking citizens about their views, PM Modi tweeted: "What do you feel about the efforts to uproot corruption & black money. Tell me through this survey. http://nm4.in/dnldapp" 

Here are the benefits of demonetisation, encapsulated in this short film. Have a look. #AntiBlackMoneyDay pic.twitter.com/rPmGUYnTzI

— Narendra Modi (@narendramodi) November 8, 2017

Prime Minister Narendra Modi took to twitter, writing: "I bow to the people of India for steadfastly supporting the several measures taken by the Government to eradicate corruption and black money."

125 crore Indians fought a decisive battle and WON. #AntiBlackMoneyDay pic.twitter.com/3NPqEBhqGq

— Narendra Modi (@narendramodi) November 8, 2017

Yesterday, finance minister Arun Jaitley, in an elaborate Facebook post, said the day (November 8) will be remembered as a “watershed moment in the history of Indian economy”. Read Jaitley's post

Later, addressing a press conference, he said demonetisation cannot be a one-stop solution to cleanse all corruption, but it did give a "new direction" to economic and financial decisions.