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Finance Minister Arun Jaitley accused the Opposition of inventing reasons to run away from a debate on demonetisation and took a swipe at former PM Manmohan Singh over his criticism, saying it is no surprise that he is unhappy as “maximum blackmoney was generated” under his rule.
Rejecting Singh’s contention that GDP growth will plunge by 2 per cent, he said demonetisation will have positive impact on the economy over medium to long term as the money from shadow economy will find its way into the mainstream.
“Those who did not consider the generation of so much black money and scams during their regime as blunder are now finding the crusade against black money as blunder,” Jaitley said.
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