Jaitley attacks media on demonetisation reportage, says ‘country changing, journalists aren’t’

Jaitley said, "Our journalists just focus on the painful aspect of every situation ignoring its socio-economic background & handwork in implementing it."

By: Express Web Desk | Published:December 1, 2016 5:51 pm
demonetisation, cashless economy, demonetisation news, arun jaitely, parliament, black money, corruption Union Finance Minister Arun Jaitley. (PTI Photo)

Attacking the media for its reportage on demonetisation, Finance Minister Arun Jaitley on Thursday said that the “country is changing but journalists and politicians are not.” Speaking at the ‘Make in Odisha’ conclave, Jaitley said, “Our journalists just focus on the painful aspect of every situation ignoring its socio-economic background & handwork in implementing it.”

Rejecting apprehensions that the Indian economy would suffer due to demonetisation, Jaitley termed as “game changers” the pulling out of high-value old notes as well as Goods and Services Tax, which is proposed to be rolled out from April 1.

On the hue and cry over the demonetisation exercise, he said: “As far as currency changes are concerned, once the demonetisation process is completed and the economy gets back to full stream, the size of the GDP will significantly expand, tax base will expand.”

He added, “More money will come to the banks which will be used fruitfully for the betterment of the economy.”