1. Arun Jaitley on demonetisation: Unfortunate that parties supporting black money for self-interest

Arun Jaitley on demonetisation: Unfortunate that parties supporting black money for self-interest

Jaitley also said that any short-term gains or losses have not been kept in mind while taking this decision.

By: | New Delhi | Updated: November 10, 2016 7:17 PM
arun jaitely on black money, black money arun jaitely, jaitely on kejriwal, kejriwal arun jaitely “Tell me which other government since 1947 has brought this much-structured steps against corruption,” he said. (PTI)

Finance Minister Arun Jaitley on Thursday said that no party since independence has worked in such a structured manner to curb corruption in the country. The Finance Minister added that the move will bring ethics in the functioning of the entire system. “Tell me which other government since 1947 has brought this much-structured steps against corruption,” he said. When asked, whether this will have an effect on polls. Jaitely said that move is beneficial for the political funding, as the payee(who donates) doesn’t have to pay taxes, and on the other hand, the political parties are free from taxation. “In political funding, no tax levied on donations to the parties, also the one making payment through cheques doesn’t have to pay taxes,” he sad in a conversation with news channel India Today.

He added that this will initiate the cleansing of system. Jaitley also said that any short-term gains or losses have not been kept in mind while taking this decision. “When I went to Prime Minister NarendraModi for final nod about the decision, he said that that he’s not keeping in mind any eventful gain or losses. Nor he’s a person like that,” said Jaitley.

In his answer to those who oppose the demonetisation, Jaitely some parties are still eyeing their self-interest. “It’s unfortunate some parties have stood up in support of black money. They are still eying there self-interest,” he said when asked a question about Delhi CM Kejriwal’s statement on demonatisation. Lauding central’s efforts to curb black money, Jaitely said that this is the first government which has decided offer a premium for honesty to people.

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