January 7, 2017 4:43 PM

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Jaitley terms demonetisation as crippling blow to terror, Fake Currency Note racket, and insurgent

Finance Minister Arun Jaitley today presented Economic Resolution in the BJP National Executive Meet, which focused primarily on demonetisation. Briefing media in New Delhi, Commerce and Industry Minister Nirmala Sitharaman said, the Finance Minister clearly explained the objectives of the government in demonetising higher value currency during the meet.<br/><br/>She said, the Executive unanimously agreed that demonetisation was a historic step. She said, the objective of demonetisation was to contain black money which was an election promise of BJP during Lok Sabha elections. The Minister said, demonetisation was a crippling blow to terror, Fake Currency Note racket, and insurgents.<br/><br/>Ms Sitharaman said, the Finance Minister also explained difference between 1997 Amnesty scheme by the then government, and the Income Declaration scheme during the meet. She said, government is constantly taking steps to ease hardships faced by farmers.<br/><br/>Prime Minister Narendra Modi will address the valedictory session of the National Executive meet in New Delhi this evening. Mr Modi and party President Amit Shah jointly inaugurated the 2-day meeting last evening. The national executive hailed the Prime Minister's initiatives of demonetisation and surgical strikes as bold steps.<br/><br/>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.<br/><br/>Our correspondent reports that senior party leaders, Union Ministers and Chief Ministers of BJP-ruled states are taking part in the meet.

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