Demonetisation has changed rules of the game for all parties: Amit Shah
BJP President Amit Shah on Tuesday said that demonetisation has �changed the rules of the game� for all parties as black money will now be out of elections.
BJP President Amit Shah on Tuesday said that demonetisation has “changed the rules of the game” for all parties as black money will now be out of elections.
Speaking at a programme ‘Agenda Aaj Tak’, the BJP chief said that people were supporting the Centre’s demonetization move and it has also “changed the rules of the game by dealing a blow to black money” which was used in elections.
He asserted that black money will not get converted into white just by depositing it in bank accounts. There should be no confusion on the point that black money cannot turn white by depositing it in bank accounts. Money has come into the system as a result of demonetisation. Now, the government will examine this money and decide whether it is legal or illegal. The money would be taxed and penalised," he said.
Shah admitted that people are facing inconveniences because of demonetisation but added that this is for their bright future only.
He claimed that post demonetization black money will not survive, because if is left in homes it will become junk and if it comes to banks it will become part of the system and will be taxable.
Responding to former Prime Minister Manmohan Singh criticism of demagnetisation calling it “monumental mismanagement”, Shah said he is an economist who was at top financial positions for years from RBI to Finance Ministry to being Prime Minister. “Former Prime Minister Atal Bihari Vajpayee was not an economist but he had taken the economy to a growth rate of 8 per cent. Then Singh became PM and left it at 4 per cent. Now a ‘chaiwallah’ PM has taken over and again raised it to 7.6 per cent,” he said.
He said when Manmohan Singh left the office crores of people did not even have bank accounts. Shah claimed that in the upcoming UP elections, the politics of caste, the politics of nepotism will be coming to an end and the politics of performance will take centre-stage.