Union Finance Minsiter Arun Jaitley on Thursday accused the Congress of spreading lies on the government's demonetisation drive and said that it did not have any impact on the economy's growth rate.


Addressing a press conference in Varanasi, Jaitley hailed the Central Government's demonetisation move, saying this had won the confidence of many people.


Throwing light on the current GDP rate, the Finance Minister asserted that the opposition was spreading lies about demonetisation.


Commenting on the crucial Uttar Pradesh Assembly elections, the senior BJP leader said, "Once the party attains victory in UP polls then this will prove that people have accepted PM Modi's demonetisation drive.


"Varanasi goes to polls in the last of the seven-phase assembly election in Uttar Pradesh on March 8.Uttar Pradesh is voting in seven phases, four of which is completed. Counting of votes will take place on March 11.