Summary:
BHOPAL: Union finance minister Arun Jaitley on Saturday defended demonetisation as a highly ethical move and not a political decision. The finance minister’s remarks came a day after PM Narendra Modi’s statement in Shahdol that demonetisation brought money into the banking system that is being used for the public.“Demonetisation was a highly ethical move. With such an increase, government resources increase and the poor people of the country benefit.” In four years, it became 6.86 crore and by the end of fifth year it would double the 2014 figure. It was no secret that many in India are not tax compliant..