Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
News18 » India
1-min read

Finance Minister Defends Demonetisation, Says People Welcomed The Move

Finance Minister Arun Jaitley on Tuesday defended the Centre’s demonetisation of Rs 500 and 1000 currency notes and said the move was welcomed by people across th

News18.com

Updated:November 28, 2016, 11:42 AM IST
facebookTwitter Pocket whatsapp
Finance Minister Defends Demonetisation, Says People Welcomed The Move
File photo of Arun Jaitley. (Reuters)

New Delhi: Finance Minister Arun Jaitley on Tuesday defended the Centre’s demonetisation of Rs 500 and Rs 1000 currency notes and said the move was welcomed by people across the country.

He also said that the government was ready for any discussion on demonetisation but the Opposition was stalling the process.

"The whole country welcomed the step taken to curb the black money... We are ready to hold discussion on demonetisation," He said at a media briefing after the BJP parliamentary body meeting.

"It was a major step and it required courage by the government to go ahead with it," he added.

Jaitely said the government was aware of the situation in rural parts of the country.

He said,"We will be focusing more on getting the new currency to rural areas as it is the sowing season. We have taken some major decisions last night it will benefit rural economy a lot.”

“Demonetisation will have a huge impact, banks will cut lending rates, people will get more money in their hands. We want a good taxation system in the country where people pay tax honestly,” he said.

Support the daily wage earners who have been hit the hardest by the COVID-19 crisis. Click here to contribute to the cause. #IndiaGives

The daily News18 Coronavirus COVID-19 newsletter - Get your copy here.

Subscribe to News18 Daybreak. Follow us on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube

| Edited by: Ashutosh Tripathi
Read full article

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results

India

  • Active Cases

    3,666

     
  • Total Confirmed

    4,067

     
  • Cured/Discharged

    291

     
  • Total DEATHS

    109

     
Data Source: Ministry of Health and Family Welfare, India
Updated: April 06 (09:00 AM)
Hospitals & Testing centres

World

  • Active Cases

    940,028

     
  • Total Confirmed

    1,274,346

     
  • Cured/Discharged

    264,838

     
  • Total DEATHS

    69,480

     
Data Source: Johns Hopkins University, U.S. (www.jhu.edu)
Hospitals & Testing centres