2 yrs after note ban, Jaitley says 'system required to be shaken'
On the second anniversary of demonetisation, Finance Minister Arun Jaitley said the "system required to be shaken in order to make India move from cash to digital transactions".nJaitley reiterated that the move helped "formalise" the economy. "Larger deposits in banks improved lending capacity...A lot of this money was diverted to the Mutual Funds for further investments," he added.