News From The Week – Demonetisation Winning The Battle

Demonetisation proves to be a game changer, Global CEOs hail PM Modi's reform agenda and More...

Demonetisation proves to be a game changer
Demonetisation proves to be a game changer

This post is a reproduction of the news release from the Prime Minister’s Office of India.

Demonetisation Winning The Battle Against Corruption, Taking India Towards a Cleaner Economy

With a formidable push to cleanse India’s financial system, demonetisation led to highest ever unearthing of black money.

Here are some interesting facts on the multi-dimensional benefits of DEMONETISATION:

  • 73 lakh suspicious cases identified that do not match the tax profile.
  • Deposits worth Rs 3.68 lakh crore under suspicion.
  • 24 lakh shell companies faced the axe.
  • Stone-pelting incidents in Kashmir came down by 75% from the previous year.

Click to Know More on Demonetisation

Reform, Perform and Transform is our Mantra: PM Modi

In an event on India’s Business Reforms and Ease Of Doing Business which had World Bank CEO Kristalina Georgieva in attendance, Prime Minister Narendra Modi expressed confidence on the nation continuing to perform progressively well on ‘Ease of Doing Business’ due to the slew of reforms initiated in the last three years.

Check out PM’s speech

Media Must Make an Extra Effort to Maintain Credibility: PM Modi

Speaking during the 75th anniversary of Tamil daily Dina Thanthi in Chennai, the Prime Minister highlighted the role of the vernacular press in the dissemination of critical information on the ground. He also elucidated the importance of factual reporting by the media.

Click Here To Know More

PM Interacts with Global CEOs of the Food Processing Sector

During a discussion, CEOs of global food processing giants hailed the vision of Prime Minister’s vision of doubling farm incomes and the progress of structural reforms and bold initiatives such as GST and the liberalization of the FDI regime, unleashed under his leadership. PM also addressed the first World Food India, a mega international event to showcase India’s capabilities in food processing.

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MEDIA COVERAGE


Note:
1. Text in Blue points to additional data on the topic.

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