Abstract of Speech of PM dtd. 31/12/16.

1.    To make Country powerful citizens can sacrifice anything.

2.    India power has been seen again

3.    Only 24 lakh people accepted their Income above Rs. 10/- Lacs. Is it possible.

4.    Laws will take actions strictly.

5.    Govt. officials are more responsible to protect rights of loyal citizens.

6.    Bank staff, Post office staff done good job.

7.    But those officials found guilty during demonitisation process will be punished strictly.

8.    Banks has got large funds in the history of India. Bank should form policies for middle class & lower class policies.

9.    Buying house is gone from the coverage of middle class & lower class families. Two schemes

10.  1. for Construction  loan upto Rs. 9 lakhs, interest subsidy of 4% will be given

11.  2. For construction loan upto Rs. 12 lakhs, interest subsidy of 3% will be given.

12.  33% more homes will be constructed in villages.

13.  Extension of homes loan upto Rs. 2 lakhs eligible for interest subsidy of 3%.

14.  Working capital loan limit increased based on digitized operations of an organization.

15.  Loans given by NBFC are also covered under Credit guarantee scheme.

16.  Pregnancy women will be given help of Rs. 6000/- directly credited to their Bank a/c

17.  Interest rate for Senior Citizens will be 8% for deposit upto Rs. 7.5 lakhs for 10 years deposit.

18.  Kisan Credit card will be converted in Rupay Card.

19.  Turnover above 2% will be taxed @ 6%.

20.  Thinking to hold simultaneously Elections of State & Central Assembly.

21.  All parties shall fight against corruption.

Please refer newspapers for detailed speech.