Prime Minister Narendra Modi had asked honest citizens for 50 days of patience and had promised to end the hardships faced by them, because of the demonetisation of Rs 500 and Rs 1,000 notes announced by him in his November 8 televised address to the nation, within this period.
The deadline for depositing old notes in bank accounts ends on December 30. On the following day, a day after his deadline of 50 days, Modi is likely to make another televised address – scheduled at 7.30 pm on December 31, according to several media reports.
Modi is likely to announce other anti-corruption steps his government is likely to take in 2017, according to officials close to the prime minister’s office. A crackdown on benami, or properties registered in fake names, is expected to be announced.
On Tuesday, Modi met with economists and experts at a meeting in Niti Aayog to discuss the current economic situation.
The news of the possible new year’s eve address evoked instant reactions on Twitter.
After Arnab Goswami left Times Now, Narendra Modi has been left with monopoly on addressing the nation, and he is making best use of that.
— Rahul Roushan (@rahulroushan) December 29, 2016
The World's Shortest Horror Story.
— Satya (@absolutesatya) December 29, 2016
"Mitron"
This New Year's eve, night clubs in India will be playing PM Modi's Mann Ki Baat
— Gappistan Radio (@GappistanRadio) December 29, 2016
Mitron-2 to be released pan india on December 31st at 9 pm .
— Dharmendra Singh (@singh_dharam) December 29, 2016
Narendra Modi in lead role.#RattledOpposition
Modi to address the nation on New Year's Eve.
— The Last Caveman (@CarDroidusMax) December 29, 2016
*Note to self: load up cash, petrol, food supplies* pic.twitter.com/uHourJjILJ
Mitron...
— Amrita Bhinder (@amritabhinder) December 29, 2016
3/n pic.twitter.com/yoBUaMKXc0
50 days are over. Mitron, please take note. #DeMonetisation pic.twitter.com/vIzFgjTihy
— The DeadMan (@AMuskeeter) December 29, 2016
Speculation is already rife on what new announcements to expect. Will the recently introduced Rs 2,000 notes be demonetised? Will the limits on withdrawals from bank accounts be lifted? Will there be sops and relief measures for those who have been the worst sufferers of the demonetisation move? Or will there just be mere more rhetoric? Twitter, as always, had a good smattering of cynicism and some humour.
Mitron, 31st December onwards Rs 2000 note will not be a legal tender note. What you say? Should I ban that or not?
— RolfModi (@RolfModi) December 29, 2016
Mitron, 5000 will soon replace 2000 notes which use a nano chip to dissolve themselves into thin air after detecting BM holders are near.
— Roshan (@zaxias) December 29, 2016
31 Dec. 2016. 7:30 PM*
— തുഗ്ലക്ക് (@vakilatlarge) December 29, 2016
Mitron,
2016 will no longer be legal from midnight tonight. Happy 2017. 😂 https://t.co/piuYVhAkU6
If he addresses nation on Dec 31st, there will be no need for any drive against drunkenness. Sab ki waise hi utar jayegi! https://t.co/272oMEFIE5
— Samrat X (@MrSamratX) December 29, 2016
#BREAKING PM Narendra Modi to address nation before the dawn of the New Year
— ANGRY व्यंग्य MAN (@sagartank) December 29, 2016
Obama : nautanki Sala ye nahi sudhrega.... pic.twitter.com/A9om3TYbeV