New Delhi: Finance Minister Arun Jaitley on Tuesday defended the Centre’s demonetisation of Rs 500 and Rs 1000 currency notes and said the move was welcomed by people across the country.
He also said that the government was ready for any discussion on demonetisation but the Opposition was stalling the process.
"The whole country welcomed the step taken to curb the black money... We are ready to hold discussion on demonetisation," He said at a media briefing after the BJP parliamentary body meeting.
"It was a major step and it required courage by the government to go ahead with it," he added.
Jaitely said the government was aware of the situation in rural parts of the country.
“Demonetisation will have a huge impact, banks will cut lending rates, people will get more money in their hands. We want a good taxation system in the country where people pay tax honestly,” he said.
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