Business

People support demonetisation: Sitharaman

People support demonetisation: Sitharaman

TIL Desk/Business/Varanasi-Despite facing hardships people in the country are supporting demonetisation, Commerce & Industry Minister Nirmala Sitharaman said here today while criticising opposition for disrupting Parliament on the issue. People in the country, despite facing hardships, are supporting the Prime Minister’s demonetisation move, which is in the “greater interest our nation”, she told reporters.

Criticising opposition for disrupting the workings of Parliament in protest against demonetisation, she also said that West Bengal Chief Minister Mamata Banerjee was raising “irrelevant issues”. Government last month demonetised high value Rs 500/1000 notes to crack down on black money, leading to unending queues at banks and ATMs amid cash shortages prompting opposition parties to attack the government over poor implementation of the plan and putting people through hardships.

Sitharaman was in the city for the foundation stone laying ceremony of Indian Institute of Gem & Jewellery (IIGJ) Varanasi Extension Campus. She said the sector has different sub-sectors by which gem & jewellery industry provides maximum jobs to people who come from rural areas as also with those from non gem & jewellery background through proper training.

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