Finance Minister Arun Jaitley on Saturday said that the government was actively working towards providing a system of clean political funding.
“When we deal with the subject of how the political system will be funded, we hope through cleaner money in future. We are actively working on this,” he said here at the Delhi Economics Conclave 2017 organised by the Finance Ministry.
Jaitley said the for the past 70 years Indian democracy has been funded by “invisible money”.
Demonetisations coupled with the implementation of Goods and Services Tax (GST) regime will help towards the objective by creating greater compliance and increasing digitisation, the Finance Minister said.
“Signs of increasing digitisation are already visible through expansion of direct and indirect taxpayer base,” he added.