What Arun Jaitley says on the Demonetisation of the high currency note?

The Finance Minister, Arun Jaitley recently gave his comment on the Demonetisation of the high currency note, he said that the government is in constant favour of the people of the country and will try that they suffer the least with the discomfort they might face.

"One of the initial challenges before our government is that we have to re-establish our decision making power. And this government has taken tough decisions for the country's benefit. We will continue to take risks in the national interest," Jaitley said after inaugurating an Economic Editors' conference in New Delhi on Thursday.

"There will be an impact on small purchases for a few days, till there is adequacy of currency, but it is beneficial in long run," Jaitley said adding, "It is only those with large amounts of undisclosed money who will have to face the consequences under existing laws."

"We have endeavoured our best to make as many decisions as possible through a large consensus route", the finance minister added.

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