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A year on, Jaitley recalls note ban as 'watershed moment' in history

Jaitley said this day signifies resolve of the government to cure the country from 'dreaded disease of black money'.

Mumbai: Come November 8, it will be a year since the Narendra Modi-led government scrapped Rs 500 and Rs 1,000 notes, in a bid to flush out black money, weed out fake currency and curb terror-financing.

Alot has been said on this from then on - critics have hit out at the government, supporters have hailed the move, some have claimed digitisation has flourished and data has shown most of the Rs 500 and Rs 1,000 notes have come back to the central bank.

A day ahead of the anniversary of demonetisation, Finance Minister Arun Jaitley took to social media to present his report card of the move. Read the full text here:

( Source : Deccan Chronicle. )
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