Mumbai. Union Finance Minister Arun Jaitley yesterday while speaking at a function in Mumbai organised by BJP President Ashish Shelar said that demonetization has left separatists in J&K fund starved.
Jaitley said that note ban greatly reduced the number of protesters taking part in stone pelting in the terror hit place. Earlier stone pelters used to gather in thousands on the streets of Kashmir and now after the announcement of demonetization not even 25 come together for such agitation, he said.
Commenting on the benefits of the move to scrap high-value notes in Nov 2016 Jaitley said money which was earlier getting circulated outside the economy had come into the formal banking system.
On the BJP’s version of building a new India he said: “We want to spend funds on defense rural development and infrastructure”.
Jaitley also mentioned that to accelerate the growth rate, the govt would continue to take tough decisions in the interest of the nation as it had done since coming into power.