"After demonetisation, separatists in Jammu and Kashmir and also Maoists in states like Chhattisgarh have become fund starved," the minister said. Arun Jaitley was speaking at a function organised by Mumbai BJP president Ashish Shelar. Elaborating on benefits of the move to scrap high-value notes in November 2016, Arun Jaitley said money which was earlier getting circulated outside the economy had come into the formal banking system. Arun Jaitley listed several achievements of the BJP-led government, which had completed three years in power. ALSO READ:Kashmir terror funding: NIA raids 12 locations linked to family, aides of top businessman Zahoor WataliRs 1.75 lakh crore under scrutiny post note ban: PM Narendra ModiPost note ban, why were new Rs 500 notes late in coming?

Source: India Today August 20, 2017 10:36 UTC