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Govt won't go soft on pursuit of black money: Arun Jaitley

<p>Refusing to relent on the pursuit of black money, Finance Minister Arun Jaitley said the government will not "go soft" on bringing unaccounted wealth back into the formal system</p>

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New Delhi: Refusing to relent on the pursuit of black money, Finance Minister Arun Jaitley on Wednesday said the government will not "go soft" on bringing unaccounted wealth back into the formal system.

"This (black money) is not an issue which we are going to go soft on. Because, ultimately the target of any economy as it grows is to bring more and more resources into the system," he said at 'The India Summit 2015' organised by The Economist magazine. The black money problem, Jaitley said, "is a problem confined to few individuals".

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