Bharatiya Janata Party (BJP) president Amit Shah on 11 November asked the Samajwadi Party(SP), the Congress Party, the Bahujan Samaj Party(BSP) and the Aam Aadmi Party(AAP) whether they supported terrorism and black money.
"For the past two days, the reactions of different parties are being seen by the people. I want to ask SP chief Mulayam Singh, Congress vice president Rahul Gandhi and AAP Chief Minister Arvind Kejriwal that that what is bothering them so much? Are they in support of black money or against it? Are you in favor or support of terrorism which runs on fake currency? I want an answer from the Samajwadi Party, the Bahujan Samaj Party, the Congress Party and the Aam Aadmi Party. All the four parties have exposed themselves by opposing Prime Minister Narendra Modi on demonetization."
"It is a big blow to terrorists, Naxalites, fake currency and hawala operators. Common people need not worry," he added.
Finance Minister Arun Jaitley has already defended the government's decision and said the country is moving towards a cash-less economy.
Reassuring the people that those having lawful money would have nothing to fear, Jaitley said this is a major setback to the parallel black money economy because a lot of currency operating outside the system will now have to be brought into the banking system.
"The government believes that this decision has been welcomed everywhere. This major step with help India's credibility," he added.
Jaitley further said this decision will change the way people spend and keep their money.
"It will take India towards a cash-less economy, it doesn't merely push the country in that direction, but significantly pushes it," he added.
He also said the decision is of significant advantage to the economy, adding both the Centre and states will benefit from more revenue accruing in the economic system.