Confiscating currency wasn't aim: FM on note ban's 2nd anniv
Speaking on the second anniversary of demonetisation, Finance Minister Arun Jaitley on Thursday defended it saying that confiscation of currency wasn't the objective. "Getting it into the formal economy and making the holders pay tax was the broader objective," he added. The Congress has called a nationwide protest on Friday against demonetisation, which it described as PM's "Tughlaqi farmaan".