1. India can no longer live with black money: Arun Jaitley

India can no longer live with black money: Arun Jaitley

As debate on demonetisation rages on across the nation, Finance Minister Arun Jaitley has changed his facebook cover photo which states that India can no longer live with black money.

By: | New Delhi | Published: November 16, 2016 4:20 PM
Integrity and ethical conduct are pre-requisites for the country's development, he states. (PTI) Integrity and ethical conduct are pre-requisites for the country’s development, he states. (PTI)

As debate on demonetisation rages on across the nation, Finance Minister Arun Jaitley has changed his facebook cover photo which states that India can no longer live with black money.

Integrity and ethical conduct are pre-requisites for the country’s development, he states.

“India cannot afford to live with black money any longer. Honesty, integrity and ethical conduct are requirements of India’s development,” said Jaitley’s facebook cover photo.

With opposition ganging up over demonetisation of 500 and 1,000 rupee notes, the government has been maintaining that the move was needed to eliminate black money, counterfeit notes and terror financing.

Prime Minister Narendra Modi had on November 8 announced demonetisation of high value currency notes and asked holders of such notes to deposit them in banks by December 30.

Since then, seemingly unending queues of people trying to deposit and exchange their scrapped currency notes are being witnesses in front of banks and post offices.

Initiating the debate on demonetisation in the Rajya Sabha, Congress leader Anand Sharma said the “ill-timed” and “ill-conceived” move had unleashed “economic anarchy” in the country and benefited a few.

  1. A
    ASIF KHAN
    Nov 16, 2016 at 11:48 am
    this man who denied the public in his election but become finance minister who has no reality of struggle of a middle cl persons. they are saying that every person should have bank account I agree and have debit/ credit card not agree because all persons are not capable and work in this way due to unaware of use of it. Regarding withdraw of money by standing in queue if they have no way to survive their life then they are in queue for money but they are not happily stood in queue. I want to ask him that he ever feel the feeling of these persons.
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