He further said the dollar has strengthened against almost every other currency and added that the rupee
has consistently either strengthened or remained in a range.
"It has not weakened...the rupee
is better-off," he said, adding that the rupee
has strengthened against other currencies like the British Pound and the Euro.
The minister further said the government has consistently maintained 4 per cent inflation during the last four years.
Commenting on government's financial inclusion scheme, Jaitley said that the cabinet had approved doubling Jan Dhan
accounts overdraft cap to Rs 10,000 from Rs 5,000. The age for availing entitlement has also been increased to 65 years.
Jaitley also stated that around 83 per cent of accounts opened in Jan Dhan
were linked with Aadhar.
A total of 324.1 million Jan Dhan
accounts had been opened under Jan Dhan
so far, said Jaitley.
Commenting on the scheme, Jaitley said that around 53% account holders under Jan Dhan
were women, out of which 59% accounts belonged to rural and semi-urban areas.