JD (U) ‘shocked’ with Jaitley’s disclosure on demonetisation

New Delhi [India], Feb. 8: The Janata Dal (United) JD (U) on Wednesday expressed surprise on Union Finance Minister Arun Jaitley's statement wherein he said that the consultations on note ban was going on since February, 2016.

"The Parliament is running for so long and he is the Finance Minister. He should have said this fact earlier which is against the contrary that demonetisation has been taken in haste.

It is surprising that he is speaking after such a long time," JD (U) leader Sharad Yadav told ANI. Jaitley revealed that a series of consultations were held between the government and top RBI functionaries on demonetisation since February last year, before the central bank board took a formal decision and conveyed it to the government which took the final call.

He added eight of 10 directors of the RBI Board were present at the November 8 meeting which made an independent final recommendation with regard to demonetisation to government.

Source: ANI