N. Chandrababu Naidu Quotes

Demonetisation was always on the government's radar and was part of the plan from day one when Narendra Modi took over as prime minister, as he was concerned about the black money.

Demonetisation was a defining moment in the government's war on corruption and black money.

Indian Prime Minister Narendra Modi turned the narrative around on demonetisation very quickly by promoting the move as one way of ending systemic corruption in the country.

Though the demonetisation move should be welcomed, govt should have planned well in advance to ensure that no common man suffer.

Benefits of demonetisation need to percolate down to entrepreneurs and their enterprises, many of which are outside the ambit of formal economy.

Demonetisation has boosted our efforts to build an honest society.

Demonetisation is going to result in long-term gains for the country.

Demonetisation was not a decision of UP government. It is the central government's decision.

Many use Rs 500 and Rs 1,000 notes for daily transactions like going to theatres, malls, and trading purpose. People like these are unnecessarily put to inconvenience.

If I were to put labels on demonetization, it would be transparency and traceability.

Funds are fungible .... Capital controls are extraordinarily difficult to implement and enforce.

Demonetisation is a disinflationary process. So, this will bring down prices in the long run. It will also help in bringing down interest rates.

The capping of cash transactions will help the banks reduce cash intensity.

Banning cash transactions over R3 lakh will allow banks to diversify their banking activities into new areas and not mundane ones.

I'm sure Mark Carney is a very clever young man, but I think that the government would be mad to move from inflation targeting to money GDP targeting.

Black money is a cancer in our economic system, not yet terminal or life-threatening.

Remonetisation has happened at a fast pace, and that was part of the plan that, subsequent to the withdrawal of the specified bank notes, our production plans and supply processes would ensure that the remonetisation happened as quickly as possible.

People are with our Prime Minister, Mr. Narendra Modi, with regard to the surgical strike on black money. They are not with the opposition parties.

The idea that RBI will be able to make a big transfer to the government was misplaced. It was a very good signalling device that the government was very serious about cracking down on corruption and black money. But I do not think it was very effective in curbing it.

One of the demonetization benefits, in some markets like used cars, is that organized, transparent businesses are gaining at the cost of unorganized players.

Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for this summer's travel season. This is not an energy policy. This is money laundering: we borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our gas tanks. What a way to build our country.

At G-20 summit, I worked with US and other countries to bring black money back.

You can't look at the tax cut on a family until you realized how - how much better off they're going to be in a growing economy.

If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.

There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.