LIVE: PM Modi present in Rajya Sabha, expected to speak shortly

New Delhi: As the government attempts to find a truce with a united opposition, which has disrupted both the Houses of Parliament since the beginning of the Winter Session, Prime Minister Narendra Modi reached the upper house to participate in the discussion on demonetisation. LATEST UPDATES: 

• After PM Modi reached the upper house, the discussion began with a speech by Former Prime Minister Manmohan Singh who said, "It is important to take note of the grievances caused to ordinary citizens"

 

• PM said wait for 50 days but for the poor section even 50 days can be detrimental :Manmohan Singh

 

• "Cooperative banking sector which is serving large number in rural sector is not operational" says Former PM Manmohan Singh in RS. He added saying, "Wait of 50 days would be short period for rich but torturous for poor"

• After Former PM, Samajwadi Party leader Naresh Agarwal took the dias and pointed out fingers at the media saying, "the media is being

 

• Agarwal also spoke against the revelition of information about the 'Jan Dhan accoounts'
• Since the first day of the ongoing Winter Session, the opposition leaders are calling for the Prime Minister to speak on the issue

 

• Even though most of them support the government's move on fight against black money, they are protesting against the way it was implemented as even after third week of the announcement on November 8, long queues can be seen outside ATMs and banks, with people looking to either exchange or deposit old notes

 

• Rejecting the demand of opposition parties to roll back the decision on demonetisation, Union Minister M. Venkaiah Naidu on Wednesday said the nation has supported the government's step to unearth black money and added that the decision has been taken keeping in view of the welfare of the farmers and the marginalised sections of society

 

• For the fifth day yesterday, Parliament could not transact any substantial business due to uproar on demonetisation issue as both the Lok Sabha and the Rajya Sabha witnessed repeated adjournments amid allegations and counter-allegations by the members of opposition and treasury benches

 

• On Thursday, Congress's Anand Sharma said that "Opposition is very clear that PM has to come, If PM is running away from the debate then what is the point of meeting Home Minister

 

• Sharad Yadav of the Janata Dal (United) reiterated his demand for payment of compensation to the kith and kin of those who have reportedly died of trauma while queuing outside banks and ATMs

 

• Bahujan Samaj Party (BSP) chief Mayawati said the situation in the country is grim and the absence of the Prime Minister in the House is an "insult"

 

• Sitaram Yechury of the Communist Party of India (Marxist) said the government is answerable to the House and Parliament is answerable to the people