Finance Minister says Opposition running away from debate, hits back at former PM Manmohan Singh

Finance Minister Arun Jaitley alleged that "the maximum black money was generated during the 2004-14 as well as the period was engulfed in various scams like 2G and coal scam".

By: PTI | New Delhi | Updated: November 24, 2016 7:32 pm
Arun Jaitley, demonetisation, Opposition, Manmohan Singh, black money, economy, news, latest news, India news, national news As the Rajya Sabha was repeatedly adjourned with Opposition insisting that the Prime Minister be present during the entire debate, Jaitley lashed out at the opposition saying it was not keen on debate but on disruption. (PTI Photo)

Finance Minister Arun Jaitley on Thursday accused the Opposition of inventing reasons to run away from a debate on demonetisation and took a swipe at former PM Manmohan Singh’s over his criticism, saying it is no surprise that he is unhappy as “maximum black money 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.

 

WATCH VIDEO: Finance Minister Arun Jaitley Slams Opposition Over Demonetisation

“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. His response came after Singh castigated the government and the Prime Minister over demonetisation during Rajya Sabha debate, saying its implementation was a “monumental management failure” and a case of “organised loot and legalised plunder.”

As the Rajya Sabha was repeatedly adjourned with Opposition insisting that the Prime Minister be present during the entire debate, Jaitley lashed out at the opposition saying it was not keen on debate but on disruption.

“The government position is very clear from the day one that we are ready for the debate…. The Opposition was finding excuses to avoid discussion but today morning they were taken by surprise when we announced that the Prime Minister will participate in the debate. Now they are inventing and manufacturing reasons to escape the debate,” Jaitley told reporters in New Delhi.

Lashing out at the previous UPA government, Jaitley alleged that “the maximum black money was generated during the 2004-14 as well as the period was engulfed in various scams like 2G and coal scam”.

“We are not surprise that they did not like the anti-black money measures the government has taken…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,” he said.

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  1. S
    Swadhyay
    Nov 25, 2016 at 10:30 pm
    Sorry, shiv shaker and , your comments are not worth, poor understanding. Admit, that black money exists, now those who have it are now protesting. These are public servants, looking after public interest. BJP, uPA and all political parties, etc are all for public service and wasting public money in raja Sabah by obstruction . Serve the public and o about normal business
    Reply
    1. B
      Bijan Mohanty
      Nov 24, 2016 at 1:42 pm
      But the slogan is Modi running away from the debate !
      Reply
      1. M
        Manoj Biwas
        Nov 25, 2016 at 10:21 pm
        Readers should be beware of terrorists using fake Hindu names to hide behind in spreading lies. Example, a number of terrorists calling themselves 'shivashankar, subbu' , etc., This terrorists are not Hindus but true enemies of our country and economy. Patriots and true citizens of our county should ignore these rascals.
        Reply
        1. H
          Hanuman
          Nov 25, 2016 at 6:23 pm
          If all that Jaitley and Modi and BJP have to show for their justification is how bad UPA had been, then we know the current government and BJP's own level. Every time this govt does something very bad, it compares itself with UPA. Shame on you Jaitley. Is this what we gave you an unprecedented majority for in 2014? To justify bad doing by comparison with UPA? That means you are out of your wits. I will not be surprised now if BJP govt does worse things and then start blaming them on UPA and stan! Jaitley, you have been a Supreme Court lawyer. We had expected more intelligence from you.
          Reply
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            shivshankar
            Nov 25, 2016 at 7:26 pm
            Fact of the matter is that Lord Modi is running away from Parliament. His speeches are full of 100% lies which is not possible in Parliament. He can give speeches only to a captive audience of BJP members. He is perhaps the only prime minister in the world who is scared of Parliament.
            Reply
            1. S
              shivshankar
              Nov 25, 2016 at 7:31 pm
              Jaitley had been earlier hired by Modi to represent him in various court cases. Modi needs him badly to defend him in and out of Parliament that's why he was made Finance minister despite his resounding defeat from Amritsar in LOK SABHA election of 2014
              Reply
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