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Government completed remonetisation in few weeks: Jaitley

Government completed remonetisation in few weeks: Jaitley

New Delhi, Feb 17 (IANS) Applauding the security printing presses for their efficiency, Finance Minister Arun Jaitley on Friday said that while people were estimating that it will take a year or seven months for printing adequate number of notes, the situation was normalised in a few weeks.

"People used to guess it will take a year or seven months for remonetisation. But in a few weeks things were normalised," Jaitley said here at the 11th Foundation Day function of the Security Printing Minting Corporation of India Limited (SPMCIL).

 

"To maintain the supply line of notes, SPMCIL and the Reserve Bank of India printing presses did a commendable job," he added.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Government completed remonetisation in few weeks: Jaitley

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.