1. Govt’s commitment to rooting out corruption “unwavering”: Prime Minister Narendra Modi

Govt’s commitment to rooting out corruption “unwavering”: Prime Minister Narendra Modi

In his first comments after demonetisation of Rs 500 and Rs 1000 currency notes, Prime Minister Narendra Modi today said government was unwavering in its efforts to create an India that is corruption free.

By: | New Delhi | Updated: November 10, 2016 8:09 PM
In a surprise decision, Modi had on Tuesday night announced withdrawal of 500 and Rs 1,000 rupee notes from circulation in a bid to flush out black money. (Source: @narendramodi/Twitte) Prime Minister meeting officials after reaching Japan. (Source: @narendramodi/Twitter)

In his first comments after demonetisation of Rs 500 and Rs 1000 currency notes, Prime Minister Narendra Modi today said the government was unwavering in its efforts to create an India that is corruption free.

“I assure you the Government is unwavering in its effort to create an India that is corruption free and fruits of development touch every citizen,” Modi, who is on a three-day visit to Japan from today, tweeted.

In a surprise decision, Modi had on Tuesday night announced the withdrawal of 500 and Rs 1,000 rupee notes from circulation in a bid to flush out black money.

“It is also heartening to learn that people are actively volunteering to help senior citizens withdraw money and exchange their currency. Such warmth, enthusiasm, and the patience to bear limited inconvenience for a greater good is indeed very heartening,” Modi further tweeted.

Modi’s comments came just after Income Tax department conducted multiple raids in Delhi, Mumbai and other cities. After the demonetisation it was expected that people with unaccounted money will try to find the solution to the menace or will be shifting the money from safe places.

The income tax department will also scrutinise the annual information reporting (AIR) of entities and individuals who make high-value deposits to banks while exchanging old currency notes. Sources said the department will take up cases for scrutiny in the next 50 days starting November 10.

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