No roll back of demonetization: Arun Jaitley

arun-jaitleyFinance minister Arun Jaitley has categorically ruled out rolling back the decision to demonetise some currency notes of higher denomination. “The decision to scrap Rs 500/ and Rs 1000/ notes was taken after a thorough study and it was a well -planned and well executed move” he said.
His assertion came after a series of protests and a rally by opposition leaders Mamata Banerjee and Arvind Kejriwal demanding withdrawal.
Mr Jaitley denied there is any panic after more than a week of the November 8 order. “In the last seven days, the banks have brought down the rush. There is no panic. It is unfortunate that some people were inconvenienced,” he said.
When asked about the Opposition’s demand that Prime Minister Narendra Modi should reply to the demonetisation debate in Parliament, Jaitley said it is the “prerogative of the government” to decide who will speak on the matter.
Jaitley attacked the Congress Leader of Opposition in Rajya Sabha Ghulam Nabi Azad for his remarks that more Indians have died in bank lines than in the attack on the Indian Army camp in Jammu and Kashmir’s Uri in September this year.
“The Congress as a national party must support it instead of obstructing, and then comparing it with Pakistani terrorism is irresponsible. What is the vested interest of the Congress party to oppose this initiative to curb black money and terror funding?” he said.

Medaram Jathara

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