PM Modi aiming for cashless economy, won't roll back demonetization: Naidu

New Delhi: Union Minister for Information and Broadcasting M. Venkaiah Naidu on Wednesday said that Prime Minister Narendra Modi is aiming for a cashless economy and would not roll back the demonetisation move.

"The government is committed to fight against corruption. This is also a fight against those who have not declared their black money. Modiji gave them time to declare their assets, but they didn't. The fight against them will continue," said Naidu, at a rally.

"The Prime Minister first tried to bring back black money from foreign countries, now he is trying to unearth black money from within country," added Naidu.

Naidu further said: "Modiji aims at a cashless economy where you don't have to pay anything to anyone in person," added Naidu.

He also said the Prime Minister aims to bring JAM (Jan Dhan, Aadhar and Mobile) soon. "There won't be a need to meet people after that," said Naidu.

Hitting out at the opposition, Naidu said: "I am surprised at the manner in which the opposition is coming together, but what is their strength? The country is with us."

"Modiji is not the kind of person who will roll back the demonetisation policy," added Naidu.