New Delhi: BJP leader and former Finance Minister Arun Jaitley passed away on August 24. He had been battling the disease for a long time. In the Modi government, Jaitley pulled the party out of trouble on several occasions. The Modi government took several important decisions during its first term, but there were two tough decisions. One is demonetisation and the second is GST.
Arun Jaitley was the Finance Minister while taking both of these decisions. Jaitley knew that demonetisation and GST would have an immediate impact on the common man. People will have trouble for a few days. The Opposition will raise these issues in a big way.
Most notably, Arun Jaitley was PM Modi's most trusted in the government till 2014-19. Meanwhile, it was not easy to take a final decision on demonetisation and GST. But Arun Jaitley showed courage. The demonetisation took place first and then the GST was finalised. As soon as PM Modi announced demonetisation on November 8, 2016, the country became a different environment. The government took strict decisions and raised Rs 1,000 and Rs 500. had banned the currency. The reason behind demonetisation was to curb black money and end the game of fake currency. Finance Minister Arun Jaitley has a big role to play in formulating the demonetisation roadmap, says Finance Minister Arun Jaitley.
On the one hand, demonetisation was adding to the woes of the common people, while the opposition was trying to corner the Modi government. In the beginning, people were also having trouble changing notes. As long queues were seen outside the ATM just after PM Modi's announcement. When the entire opposition, including the Congress, was attacked after demonetisation, Arun Jaitley once again emerged as a problem solver for the Modi government. He responded to the protesters through the press conference as well as the blog. Defending the demonetisation decision, Jaitley said the move was not aimed at confiscating cash but bringing it into a formal economy through banks.
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