Government completed remonetisation in few weeks: Arun Jaitley

NEW DELHI: Applauding the security printing presses for their efficiency, Finance Minister Arun Jaitley on Friday said that while people were estimating that it will take a year or seven months for printing adequate number of notes, the situation was normalised in a few weeks.

"People used to guess it will take a year or seven months for remonetisation. But in a few weeks things were normalised," Jaitley said here at the 11th Foundation Day function of the Security Printing Minting Corporation of India Limited ( SPMCIL).

"To maintain the supply line of notes, SPMCIL and the Reserve Bank of India printing presses did a commendable job," he added.