When PM Narendra Modi announced the demonetisation of old high-value currency notes on November 8, he asserted that the move is to weed out black money hoarding, corruption, terrorism and other illegal activities. The Union Minister of State for Information and Broadcasting Rajyavardhan Singh Rathore, however, seemed positive that in the film industry at least, there is no black money "in this age". The minister was speaking at the International Film Festival of India in Goa recently. According to a PTI report, Rathore said the film industry has been transacting through cheques and money loaned from banks and that there is transparency in film funding now. ALSO READ | Google Doodle celebrates Louisa May Alcott’s 184th birthday with Little Women Twitterati, however, did not seem as positive as the minister when he said the industry had no black money flow within it. Soon enough, the micro-blogging site was flooded with reactions calling out Rathore for his statement. Many users took on a sarcastic tone and said how saying there is no black money in the film industry was just like saying there is no casting couch either. Evidently in disbelief after what the minister said, this is what a user said : "Entire world admits am Mrs Clooney". While others called him "dumb", some wondered why hasn't Kejriwal reacted to his remark yet. Sample some of the tweets here. HAHAHAHAHA.There's No Black Money In The Film Industry: Union Minister Rajyavardhan Rathore via @ndtv — Sunil Jain (@thesuniljain) November 28, 2016 There's no #BlackMoney in film industry - Rajyavardhan Rathore Debarati Majumder is my girlfriend - Brad Pitt #DeMonetisation — Debarati Majumder (@debarati_m) November 28, 2016 @Ra_THORe you must be a super dumb to make such assertion. World knows D company money gets invested in Bollywood. — ????_??_??_???_????? (@vivek_singh29) November 28, 2016 Please go away and stay under that rock where you — Raghav Chopra (@AarSee) November 28, 2016 There is no black money in film industry. Just like there is no casting couch. — Love (@MirchiLaddoo) November 28, 2016 Entire world admits am Mrs Clooney There's no black money in film industry, claims Rajyavardhan Singh Rathore — Priyashmita Guha (@priyashmita) November 28, 2016 There's no black money in film industry, claims Rajyavardhan Singh Rathore This shud be joke of the year — aman ka tamasha (@ExSecular) November 28, 2016 Some even picked on Arvind Kejriwal's unfiltered reactions to PM Modi introduced demonetisation This Kejriwal is so indulged in Modi hate that he missed the latest gaffe by Rathore On Black Money and Bollywood. — Optimist (@DesiOptimystic) November 28, 2016 Have something to add to the story? Tell us in the comments below.