Nov 08, 2018 13:55 (IST)
Finance Minister Arun Jaitley Attacks Manmohan Singh, Calls him "Prophets of Doom"
- Finance Minister Arun Jaitley says, "What happened to the Prophets of Doom who predicted a 2% hit to the GDP? For the fifth year running, for the first time in its history India has been the fastest growing large economy."
- When government took over, number of people filing tax returns was only 3.8 crore. Taxpayers were paying for tax evaders. Hence there was a need to formalise the economy."
- Anonymous cash currency was floating around. Deposits forced by demonetization ended this anonymity.