India can grow at higher rate; job creation plans underway: FM

Written By DNA Web Team | Updated: Feb 27, 2017, 08:20 PM IST

India has potential to grow faster and plans are underway to reduce poverty and create jobs in rural areas, Finance Minister Arun Jaitley said today, even as he ruled out the country becoming totally 'cashless' immediately.

India has potential to grow faster and plans are underway to reduce poverty and create jobs in rural areas, Finance Minister Arun Jaitley said today, even as he ruled out the country becoming totally 'cashless' immediately.

"One of the reasons for note ban was tax non-compliant.

One of the objectives of the demonetisation was to reduce and eliminate anonymity. I don't see India becoming a cashless system immediately. I see India becoming less-cash economy," Jaitley told

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)