Finance Minister Arun Jaitley today said, opposition’s negative agenda against demonetisation failed to yield any result as the people of the country stood behind the Prime Minister’s bold initiative as a solid rock. He said, even after 50 days of demonetization, there was not a single major incident and no loss of public property which reflect people’s patience and support.
In the economic resolution adopted at the BJP National Executive meeting in New Delhi today, Mr Jaitley said, people’s faith, patience and support has strengthened the determination of the Government to fight the parallel economy, fake currency along with the evils of corruption and terrorism.
Briefing media in New Delhi, Union Minister and BJP leader Nirmala Sitharaman said the Finance Minister clearly explained the objectives of the government in demonetising higher value currency notes. Quoting Mr Jaitley, she said the objective of demonetisation was to contain black money which was an election promise of BJP during Lok Sabha elections.
Ms Sitharaman said the Finance Minister mentioned that in November, the States’ revenue have increased and as such revenue growth has not suffered post- demonetisation and country’s formal economy will grow. She said, Mr Jaitley also mentioned about India’s agreement with Switzerland and other countries in sharing of information on assets parked there which will help tax evasion.
Ms Sitharaman said the Finance Minister also explained difference between 1997 Amnesty scheme by the then government, and the Income Declaration scheme . She said government is constantly taking steps to ease hardships faced by farmers. She said Prime Minister has also announced recently some new schemes and incentives to provide relief to the people.
The two day meet will conclude with the valedictory address of the Prime Minister Narendra Modi this evening. The national executive which began yesterday hailed the Prime Minister’s initiatives of demonetisation and surgical strikes as bold steps. The party said, it has snatched the pro-poor plank of Congress and other parties and the poor are now backing Mr Modi. This was stated by Mr Shah in his inaugural address.