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Look what justification he is giving about BLACK MONEY

akhilesh-yadav

What a justification for black money…! From UP CM Akhilesh Yadav

Black money saves Indian economy: Uttar Pradesh CM Akhilesh Yadav

Many economists say one reason why India is able to withstand frequent global crises in economy is because of the huge parallel economy of black money, the UP CM said.

 

In a bizarre statement, Uttar Pradesh Chief Minister Akhilesh Yadav today said black money saves the Indian economy in times of global recession.

“I am opposed to black money. I do not want it. But many economists say one reason why India is able to withstand frequent global crises in economy is because of the huge parallel economy of black money,” Yadav told reporters.

Also read | Demonetising 500, 1000 rupee notes has ended terror-funding, stone-pelting in Kashmir: Parrikar

REMARK COMES IN WAKE OF DEMONETISATION MOVE

Coming in the middle of a massive crisis over the government’s demonetisation scheme to check the flow of black money, the young Samajwadi Party leader’s comments are surely going to ruffle a lot of feathers.

 

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