- Karnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)Wedding pics: Mouni Roy marries Suraj Nambiar in South Indian ceremony73rd Republic Day Parade 2022 - In Pictures
Olympic bronze medallist Bajrang Punia has been provisionally suspended by the National An
- Laureus Award 2024 : Novak Djokovic, Aitana Bonmati win top honours at Laureus Sports Awards
- Asian Games medallist Jyothi Yarraji to train in Spain ahead of Paris Olympics
- Lione Messi said Retirement not on my mind
- Indian Wells: Alcaraz, Swiatek win titles
- African footballer chased and thrashed away in Kerala; reports
Mukesh Ambani lauds Modi's demonetisation, digital drives Last Updated : 18 Mar 2017 03:31:55 PM IST (File Photo)
Reliance Industries Chairman Mukesh Ambani on Saturday lauded Prime Minister Narendra Modi for his demonetisation ' title=' demonetisation '>demonetisation move and digital drives.
"Thanks to demonetisation, India has taken a big leap forward from a predominantly cash economy to a digitally enabled optimal cash economy. It has brought unproductive money into productive use, Ambani said while addressing the India Today Conclave.
He said so far credit in the country had been high value and low volume, available only to a few people. "In the coming years based on your Aadhaar identity, it will be possible to get a loan on your mobile in just a few minutes," the richest man in India told the gathering.
India underwent demonetisation ' title=' demonetisation '>demonetisation drive from Nov 8 to Dec 30 of high-valued Rs 500 and Rs 1,000 notes to cleanse the country of black money.
Asked about Modi-led Bharatiya Janata Party's landslide victory in the recent Uttar Pradesh elections, despite the demonetisation ' title=' demonetisation '>demonetisation drive which affected common people as well, Ambani said: "We are blessed to have a leader who not only understands the countrymen but also understands the world and technology."
"What impressed me the most was when the prime minister visited the US (at the time Barrack Obama was the US President) and at the dinner they only discussed how technology can benefit the poor people and help develop a country."IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186