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Demonetisation: No question of roll-back, it’s a well-planned move, says Arun Jaitley

He slammed the Congress party for obstructing the move and then comparing it to terrorism.

Arun Jaitley, Demonetisation, Rajya Sabha Demonetisation, jaitley demonetisation, Demonetisation Rajya Sabha, Lok Sabha, ATM cash, ATM nearby, Demonetisation news, Jaitley demonetisation, Demonetisation: Union Finance Minister Arun Jaitley on Thursday rejected any plans of rolling back the initiative. (PTI Photo)

Putting all speculations to rest, Union Finance Minister Arun Jaitley on Thursday ruled out roll-back of the demonetisation move that came into effect last week. In an interview to news agency ANI, Jaitley appealed to people to support the initative, while slamming some politicians for creating unnecessary panic. He applauded banks and their employees for doing an excellent job. “I would like to complement banks and their employees on their commendable job, they have dealt with crores of rupees in last 7 days. They had to deal with crores of customers,” said Jaitley.


Rejecting the demand of political parties like Aam Aadmi Party and Trinamool Congress, he said, “whatever AAP and
Trinamool Congress said about the roll back, there is no question of that. It is a clear decision of the Prime Minister
and government to cleanse politics and economy of the country. We will stick to it (demonetisation)”.

He slammed the Congress party for obstructing the move and then comparing it to terrorism. “Congress as a national party must support it instead of obstructing and then comparing it with Pakistan terrorism is irresponsible. What is the vested interest of Congress party to oppose this initiative?” asked Jaitley.

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He further said that ATMs on a war effort are being recalibrated. He also noted that the rush at banks have come down. “In seven days, banks have brought down the rush, there is no panic. Unfortunate that some people were inconvenienced. The whole thing is a very well planned and executed move,” he said, adding that in the last few days the government has received less complaints.

READ: Mamata, Kejriwal demand roll-back of demonetisation within 3 days

Jaitley expressed his displeasure at some state chief minister’s who have not supported the demonetisation move. “Most CMs have used state apparatus to support this move, I appreciate that. Some CMs, however, are spreading panic,” he said.

Responding to the Opposition demanding Prime Minister Narendra Modi’s presence in the Rajya Sabha for debate, Jaitley said, “Bulk of the debate has already taken place. I have attended the debate. And the government will decided who will reply to the debate. If the government thinks it is necessary at appropriate time for the prime Minister to intervene, we will consider it at that stage. But it is not necessary that there is an intervention (by Prime Minister) in every debate.”


Meanwhile Trinamool chief and West Bengal Chief Minister Mamata Banerjee and Delhi Chief Minister Arvind Kejriwal called for an immediate roll-back of demonetisation at a protest rally at Azadpur Mandi in New Delhi on Thursday. Both leaders targeted the government for its decision to withdraw currency notes of Rs 500 and Rs 1000 from circulation. They threatened to intensify their agitation if the government did not roll-back its decision to discontinue old currency notes in three days.

(With PTI inputs)

First published on: 17-11-2016 at 05:59:47 pm
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