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To review demonetization impact, PM Modi calls meeting of senior ministers

Over 50 days after announcing demonetization, with the situation yet to return to normalcy, Prime Minister Narendra Modi will discuss the impact of the note-ban with senior ministers on Tuesday, reported Hindustan Times.

During the meeting, the Prime Minister will discuss the steps taken by the government so far. “The focus will be more on the slew of measures announced by the PM on the eve of the New Year,” a minister told the daily.

The report also said that Modi will start a five-day long series of meetings with ten Group of Secretaries.

Addressing the nation on the eve of new year, the Prime Minister announced a slew of sops and praised the efforts of bankers during the 50-day demonetization period. “My effort is to take the banking system to normalcy as fast as possible in the new year. I have asked all concerned officers in government to focus their attention to this task,” he said.

He also asked banks to work pro-actively especially for the rural and remote areas so that the difficulties of farmers and villagers can be removed.

Meanwhile, a day ago, Maharashtra Navnirman Sena Chief Raj Thackeray slammed Prime Minister Narendra Modi over demonetization. “On the day of announcement of demonetization, Modi was saying with great confidence and telling people to see what happens on December 30, but nothing has happened,” he told reporters.