BJP To Celebrate “Anti-Black Money Day” On Nov 8

October 25, 2017 18:12
BJP To Celebrate “Anti-Black Money Day” On Nov 8

(Image source from: NTV Telugu)

BJP To Celebrate “Anti-Black Money Day” On Nov 8:- Union Finance Minister, Arun Jaitley, said on Wednesday that to mark the first anniversary of demonetization, the Bharatiya Janata Party (BJP) will celebrate “Anti-Black Money Day” on November 8.

In an attempt to tackle black money and corruption, Prime Minister Narendra Modi scrapped 1,000 and old 500 rupee notes, in his address to the nation, on the evening of November 8, 2016. Jaitley said a slew of programmes across the country will be held by all the prominent leaders, Ministers, MPs and MLAs. They will also highlight the achievements after demonetization.

(Video Source: NTV Telugu)

“I think the Congress has not understood the concept of demonetisation. The ownership of cash is not known, it is an anonymous owner. So when cash gets deposited in banks, what was being laundered earlier, now gets into the law books. So for entry into the lawful system, you are liable to pay tax,” Jaitley said.

Jaitley, lauding demonetization and Goods and Services Tax (GST) said, “The government has expanded digitization and tax base across the country.” He further added that squeezing the quantum of cash is the main objective of demonetization, and not confiscation of money. Jaitley lashed out at the Congress and said, “Those who ruined the nation are now giving sermons.”

“Congress had adequate opportunity to be in power, and I can’t recollect a single significant step that they ever took against black money,” he added.

Jailtey giving his comments on the allegations Congress raised that EC of India was delaying the Gujarat poll dates, Jaitley said, “The Congress was singing the praises of Election Commission during the Gujarat Rajya Sabha Election. The EC is duty-bound to act as per law. EC is not supposed to be browbeaten by a disgruntled and losing political party.”

To be recalled, the Opposition on Tuesday said that with protests and rallies, an amalgamation of 18 parties will ensure that the day is observed as a “black day”.


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