Arun Jaitley says he was not surprised UPA allies don’t like steps against black money

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Protecting the demonetisation choice as "right", Union Finance Minister Arun Jaitley on Thursday said most extreme black money was created amid the earlier Congress-led United Progressive Alliance government's rule.

"The steps this government has taken are correct and are being implemented in the right way," the minister told the media in Parliament House.

Lashing out at the Congress, Mr Jaitley said: "We are not amazed when we get notification from the individuals who ran the government somewhere around 2004 and 2014 that they do not like these steps against black money."

"The most extreme black money was produced in this nation somewhere around 2004 and 2014. The biggest corruption scandals pertaining to the Commonwealth Games, the 2G spectrum and the coal blocks occurred amid this period," he included.

Mr Jaitley said people who did not consider these scandals to be blunders were now considering the campaign against black money and corruption to be a blunder.

Mr Jaitley was referring to former Prime Minister and Congress's Rajya Sabha member Manmohan Singh describing the post-dmonetisation chaos as "organised plunder", which he apparently mistook as "blunder".

"This is the exact rational argument that they will put forward in the debate in Parliament as it takes place. But it's obvious that the opposition is uncomfortable with the debate and are inventing …a … manufacturing reason to run away from the debate," the minister said.

The Rajya Sabha on Thursday continued discussion on the government's demonetisation move after facing repeated adjournments for the past five days.

In any case, the resistance again constrained suspension of the house in the post-lunch session over its interest for the nearness of Prime Minister Narendra Modi amid the open deliberation.