Note ban to boost tax inflow, govt spend, says Amit Shah

He says this will lead to increased tax revenue; enable govt to spend more on development projects

Bharatiya Janata Party (BJP) chief Amit Shah said on Friday that the government’s demonetisation decision and push towards a ‘less cash’ economy would lead to increased tax revenue, enabling more spending on development projects and poor-friendly schemes.

He said the BJP was on course to win elections in all the five states scheduled to go to the polls in February and March.

Delivering his inaugural address at the opening of the two-day BJP national executive meeting here, Shah said government expenditure on development projects in recent years was on average between Rs 4.1 lakh crore and Rs 4.7 lakh crore,