FM Jaitley terms demonetization as key decision to formalize economy

Finance Minister Arun Jaitley has said, demonetization was a key step in a chain of important decisions taken by the government to formalize the economy.  He said, financial inclusion was another important step to ensure that even weaker sections become part of the formal economy.  In a Facebook post today on the completion of the two years of demonetization, Mr Jaitley said, the government first targeted the black money outside India and Asset holders were asked to bring the money back on payme...