Former India Finance Minister, Arun Jaitley dies at 66

Intro

The former Indian finance minister Arun Jaitley, was confirmed dead in a hospital in New Delhi on Saturday aged 66, the government said.

He served from 2014 until elections earlier this year, Jaitley oversaw the sudden withdrawal of vast amounts of cash from circulation in 2016.

Modi said the controversial policy, known as “demonetisation”, would bring the black economy out of the shadows but it caused huge disruption and eventually almost all notes were returned to the banking system.

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