At the eve of the primary anniversary of demonetisation, Union minister Ravi Shankar Prasad lately claimed that flesh business and trafficking of girls had lowered considerably within the nation because of the transfer.
He additionally claimed that the industrial transfer introduced down the choice of stone-pelting incidents in Kashmir and put a test on Naxal actions.
“Flesh business has nosedived in India. Trafficking of girls and women has long past down significantly,” the legislation minister advised newshounds right here whilst list the “achievements of demonetisation”, an afternoon sooner than the Congress-led opposition’s proposed “Black Day” protest.
“Because of the flesh business, an enormous sum of money used to drift to Nepal and Bangladesh…Notes of Rs 500 and Rs 1,000 (now junked) had been used to make bills within the flesh business, which has now come down,” he mentioned.
Prasad claimed that the word ban lowered the choice of stone-pelting incidents in Kashmir, put a test on Naxal actions, larger the provident fund (PF) and insurance coverage quilt of the workers immensely and gave an enormous push to virtual transactions.
“I’ve the knowledge,” he added.
Previous within the day, former high minister Manmohan Singh, talking in poll-bound Gujarat, had claimed that the word ban workout was once a failure.
“None of its (word ban) targets was once completed,” he had mentioned all the way through an interactive consultation with businessmen and investors at the present state of the financial system.