Arun Jaitley defends a Budget proposal, says wealthy should pay more

“If this system is tried in a few elections, then I think you will see large volumes of clean money entering the political system,” he said.

Mr. Jaitley also said that the Centre was considering the Economic Survey’s suggestion of creating a Public Sector Asset Rehabilitation Agency, to deal with the bad loans crisis facing Indian corporates and banks.

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(Sourced from agencies, feature image courtesy:economictimes.indiatimes.com)