Black money saves the country: Akhilesh

ak-yadaIn a rather unusual statement, Uttar Pradesh Chief Minister Akhilesh Yadav today said black money saves the Indian economy in times of global recession.
“I am opposed to black money. I do not want it. But many economists say one reason why India is able to withstand frequent global crises in economy is because of the huge parallel economy of black money,” Yadav told reporters while welcoming a delegation from Myanmar.
Coming in the middle of a massive crisis over the government’s demonetisation scheme to check the flow of black money, the young Samajwadi Party leader’s comments are surely going to ruffle a lot of feathers.

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