He, however, asserted that he will continue the fight for the poor with an aim of taking the country to greater heights.
"I know if I try to stop loot very minutely, what consequences I will have to face," he said in the Lok Sabha while replying to a debate on Motion of Thanks on the President's Address.
"Mai dobara kehta hun.. Aise aise bade logon ko takleef ho rahi hai, aur zyada hone wali hai. Uske kaaran mujh par kya kya zulm hone wale hain, uske liye tayar hun. (I repeat that big people are facing problems and these problems are going to increase. Because of that, I am going to face problems, for which I am ready)," he said.
Modi was responding to remarks by Congress leader Mallikarjun Kharge who, while referring to the Prime Minister's speech in Goa, said if his life was threatened what would happen to others.
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Modi said "I began my journey for this country and I am taking every step for the welfare of the country".
He said the money which could have gone to the middlemen would now be used for the welfare of poor.
The UPA government had capped neem coating of urea at 35 per cent and achieved a target of only 20 per cent whereas the NDA government decided to go ahead with 100 per cent neem coating of urea.
Neem coating prevents use of urea for any purpose other than as fertiliser.
Modi said without neem coating, urea was being pilfered to other uses, leaving farmers without availability of the fertiliser.
Making payments of MNREGA through aadhar too has
helped in plugging leakages to the tune of Rs 7,633 crore, Modi said.
The Prime Minister said the UPA had increased allocations on MNREGA by Rs 600 crore while the NDA has raised the outlay by Rs 11,000 crore.
He said that surrendering of gas subsidy has helped the government in saving Rs 26,000 crore which in turn was used to provide gas connections to about 2 crore families.
He said the government has distributed 21 crore LED bulbs and due to this power bills have been reduced and rs 11,000 crore was saved.
He said the government has distributed Rs 1.56 lakh crore through direct benefit transfer scheme.
For farmers, Modi said schemes like Crop Insurance Scheme and Soil Health Card have brought and asked memebers to encourage people to make use of such schemes as ultimately everybody works for the development of the country.