‘I Don’t Know’ says Finance Minister Arun Jaitley as response to 97% of Banned Notes Back In Bank
When our own Finance Minister Mr. Arun Jaitley was asked that 97% of the Banned Notes had been returned to the banks, he had a three word short response “I Don’t Know“.
Where is the black money then? is the question which has been asked by the people after listening to the report by Bloomberg which says that ₹14.97 Trillion out of ₹15.4 Trillion in Demonitised notes have come back.
As our Finance Minister had no idea about Whereabouts of the figures, it clearly shows that the claims by the Narendra Modi government during the announcement of demonitisation that ₹5 trillion out of these ₹15.4 Trillion is black money
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Government has no answer to the question that when only three percent of unaccounted money then why 87 percent of Nation’s Money was rendered illegal.
“Now that the Scheme has come to an end on December 30, 2016, these figures would need to be reconciled with the physical cash balances to eliminate accounting errors/ possible double counts etc. RBI has already initiated this process and till this is completed any estimate may not indicate the actual numbers of the SBNs (Specified Bank Notes) that have been returned,” RBI said
Related Tags:- Black Money, Demonitisation, Narendra Modi, RBI, Bloomberg report, Finance MInister, Arun Jaitley.
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