Systematization of the economy was the aim of Demonitisation : Arun Jaitley
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Home News India

Systematization of the economy was the aim of Demonitisation : Arun Jaitley

by Janam Web Desk
Nov 9, 2018, 03:24 pm IST
in India

New Delhi : Central Finance Minister Arun Jaitley said that, the ban in currency was aimed at systematizing the economy. The ban also aimed to legitimize the financial system.

Empowering the public to pay taxes was another of the broad goals. Today none can evade from tax payments. In order to switch to digital transactions, a push was relevant. the transition happened with the ban of currency, he added.

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