Noteban made houses affordable, says Modi

Source: The Hitavada      Date: 31 Jan 2019 09:05:33


 

SURAT,

Hung Parliament is an illness, it had stalled development for last 3 decades, says Modi

“If the previous Governments had to do the work we have done so far, they would have needed another 25 years,”
he said

PRIME Minister Narendra Modi on Wednesday credited his Government’s demonetisation decision for bringing down prices of houses and making them affordable for the aspiring youth by checking black money in the real estate sector. Justifying his Government’s decision to scrap old Rs 500 and Rs 1,000 notes in November 2016, Modi said, “I was asked what has been benefit of the note-ban decision. You should ask it to the youth, who could buy houses at affordable rates after the decision.


“Black money used to be parked in the real estate sector, but with decisions like note-ban and RERA (setting up of Real Estate Regulatory Authority) we put a check on it,” the Prime Minister said. Addressing a gathering here after laying foundation stone for extension of the terminal building of Surat Airport, the Prime Minister also stressed the need for a full-majority Government at the Centre, saying ‘hung Parliaments’ stalled the country’s progress in last three decades. “As you all know, India witnessed instability for 30 years due to hung Parliaments, as no party received a majority. This had stalled the country’s development. And the country even regressed on some parameters due to that situation,” Modi said.


“We are progressing today because the people applied their wisdom in casting votes (in 2014 elections). Their votes eradicated that 30-year-old illness called hung Parliament and helped form a full majority Government at the Centre,” the Prime Minister said.


“You can ask me what I have done and I can give you answers because you voted for us unanimously. We have done what we have done because of the mandate we got. If we were a coalition Government, then we could have given many reasons for not functioning properly,” he said. The Prime Minister said that his Government in the last four and a half years constructed 1.30 crore houses, as against 25 lakh houses built under the previous UPA Government.
“Just compare those 25 lakh houses with 1.30 crore. If the previous Governments had to do the work we have done so far, they would have needed another 25 years,” Modi said.
The success of Mudra loan scheme, he said, too was possible only because his government enjoyed a full majority.


Out of over 15 crore persons who got loans under the scheme, around 4.25 crore were first-time entrepreneurs, Modi said. “We can say the country has received 4.25 crore new entrepreneurs. It was made possible because you voted to power a full-majority Government,” he added. Past Governments at the Centre intentionally refused sanction for an airport in Surat when he was Chief Minister of Gujarat, Modi alleged. “There was a time when people had to take to path of agitation to get an airport in Surat. Even I, as CM, wrote numerous letters to the Centre for that. But owing to some political calculations, the Centre tried to stall the approval,” he said.


“Four lakh passengers used to travel (earlier) and we created a capacity to handle movement of 26 lakh passengers. We could foresee it but they could not see,” he said. While he and his Government are trying to change the old system, some people are mocking his efforts, Modi said.
“Some people, who only cared for themselves and did not think about the country for six-seven decades, can not see a changing India. But we will move forward without paying attention to such people who have a negative mentality,” the Prime Minister said.


Modi later inaugurated Smt Rasilaben Sevantilal Shah Venus Hospital in the city.  Speaking at the function, he said the NDA Government showed courage in granting quota for the economically weaker section in the general category. Modi stops speech when lensman faints: PRIME Minister Narendra Modi on Wednesday halted while speaking at a function held here after seeing a cameraman of a news channel faint. He quickly gestured officials to take care of man.


Modi was speaking after the foundation stone laying ceremony of the extension building of the Surat airport terminal. He was giving out numbers of homes constructed during the UPA and NDA Governments when he suddenly stopped speaking.