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Highlights: BJP will celebrate ‘Anti-Black Money Day’ on November 8, says Arun Jaitley

Finance minister Arun Jaitley said the ruling Bharatiya Janata Party will celebrate anti-black money day on November 8 to mark the one year of the Union government’s demonetisation drive. The opposition has announced to observe the day as black day.

india Updated: Oct 25, 2017 17:36 IST
HT Correspondent
HT Correspondent
Hindustan Times, New Delhi
Arun Jaitley,BJP,Gujarat elections
Finance minister Arun Jaitley is addressing media on Wednesday.(Mohd Zakir/HT PHOTO)

Finance minister Arun Jaitley addressed the press on Wednesday, a day after the government announced to infuse Rs 2.11 lakh crore in PSU banks claiming it a “significant credit positive” to l help address the problem of weak capitalisation.

The press conference comes the day the Election Commission announced 2-phase election in Gujarat -- December 9 and December 14.

The finance minister said the ruling Bharatiya Janata Party will celebrate anti-black money day on November 8 to mark the one year of the Union government’s demonetisation drive. The Congress and other opposition parties have announced to observe ‘black day’ to protest the note ban announcement across states.

Here are the highlights of the press meet:

4.25pm: Those who ruined the nation are now giving sermons, says Jaitley.

4.24pm: Not the confiscation of money but squeezing the quantum of cash was the objective of demonetisation: Jaitley

4.23pm: Those who have never fought black money were too happy with laundering cash into the system: FM Jaitley.

4.22pm: They had reconciled to India living with a shadow economy. It is understandable this would never be on political agenda of Congress leadership: FM

4:21pm: The government has expanded digitisation and tax base across the country, says finance minister Arun Jaitley.

4:20pm: Ownership of cash is not known, anyone can own cash. When cash gets deposited, it gets into the lawful system: FM Jaitley.

4.19pm: The Congress had adequate opportunity while being in power, but can’t recollect a single step that they took against black money: FM Jaitley

4.18pm: I can’t remember a single step the Congress has taken to fight against black money, says the FM.

4.17pm: EC is not supposed to be browbeaten by a disgruntled and losing political party: Arun Jaitley on Congress’ allegations

4:16pm: The Congress was singing the praises of Election Commission when the Gujarat Rajya Sabha Election. The EC is duty-bound to act as per law.

4:15pm: Congress had adequate opportunity to be in power, and I cant recollect a single significant step that they ever took against black money, says the FM.

4:10pm: The government has expanded digitisation and tax base across the country, says finance minister Arun Jaitley.

4:08pm: On 8th November 2017, BJP will celebrate ‘Anti-Black Money Day’ in the nation: FM Arun Jaitley.

First Published: Oct 25, 2017 16:13 IST