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Prabhu dodges query on demonetisation sequel
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SME Times News Bureau | 17 Apr, 2019
Dodging the demonetisation issue, Union Minister for Commerce and
Industry Suresh Prabhu here on Tuesday refused to comment on whether the
Indian economy needed another round of the note ban exercise to get rid
of black money.
"I will not comment on that," said Prabhu, who
is visiting the state to take part in campaigning ahead of the vote on
April 23.
Replying to a query about the another round of note
ban, he said: "I am just saying, the measures required will depend upon
time. This was one measure that was aimed at taking care of black money.
I am not going to tell you whether we need one more round or something.
That depends upon time."
Prabhu also said the Narendra Modi-led
government had the "political will" to eradicate black money and several
measures had been taken to crack down on illegal accumulation of
wealth.
"A commitment on part of the government is to take as
many measures as necessary, however, difficult they may be. Whatever
political cost one has to pay for it, we are willing to do it, as long
as we succeed in ensuring that India becomes a transparent economy,"
Prabhu said, addressing a press conference at the party headquarters.
"The black money is the biggest enemy of the poor. They suffer a lot due to this," he said.
Prabhu
said: "The political will of the government is to get rid of the menace
of black money. Many committees have gone into it. But this is the
first government that has acted against it, rather than appointing
another committee."
"We have taken the measure that demonstrates our deep commitment to eradicate it (black money)," the Union Minister said.
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