BJP to observe 8th November as anti-black money day

Posted October 26, 2017

According to media reports, during the press conference, Jaitley reiterated the government's defense stating that "Major objectives behind demonetisation are already achieved" and added the Union government has expanded digitisation and tax base across the country to make the country less reliant on cash. Indicating his negative expectations in terms of actual result, Rahul Gandhi said,"Dear Mr. Jaitley, May the Farce be with you". When the NDA government came to power (May 2014), Prime Minister Narendra Modi took steps to minimise and end it. The BJP leader also accused the Congress of making banks hollow from the inside and said that this legacy was inherited by the present government.

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The special investigation team (SIT), to go into black money, which was directed by the Supreme Court in 2011 and was not acted upon by the previous UPA government, was formed by the NDA, the Finance Minister said.

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"Whatever the Finance Minister said about the economy is not true". They had also made a decision to form a coordination committee. He accused Jaitley of making a "desperate" attempt to save the BJP as the "ground is slipping from beneath" its feet. "In the management of the economy of the country, there is no easy day and our own experience of the last three-and-a-half years has been that we have been continuously taking up challenges, one after the other, taking various steps, reform measures which respond to the situation and many of them worked well", Jaitley told "ET Now" in an interview. It is wrong to say that the country's economic fundamentals are strong. "If there is an ideological polarisation over a debate on November 8 over the issue of pro-excess cash economy and anti-black money, then the BJP will definitely take it forward", Jaitley said. He also said that against Rs 1,01,183 crore blackmoney unearthed during 2013-14, only Rs 29,211 crore was unearthed during 2016-17 and a total Rs 17,526 crore detected as undisclosed income' during the current year. Surjewala said the truth is that the biggest increase in digital transactions happened during the Congress rule, when it rose by 53 and 49 per cent during 2012 to 2013 and 2013-14.

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