Direct benefit transfer-based relief measures for farmers and the SME sector in the wake of the hardships caused by demonetisation could be the big announcement to look out for in Prime Minister Narendra Modi's New Year's Eve speech.
According to a report in the Economic Times, the government is keen to boost purchasing power and consumption, especially in the wake of the economic disruption and currency shortages caused by the sudden demonetisation drive, and also announce further measures to continue the prime minister's "crusade" against black money and corruption. Citing government officials, the financial daily reported that