Willing to pay political price for reforms: Modi

Information collected post-demonetisation was a treasure trove, said the prime minister

GN Bureau | November 30, 2017


#irreversible change   #demonetisation   #black money   #Aadhaar   #Narendra Modi   #HT Leadership Summit  


 Prime minister Narendra Modi on Thursday said that he may have to pay a political price for the reforms that are aimed at ending corruption, but he was ready for it.

Modi said that the information collected post-demonetisation was a treasure trove which would help battle corruption.
 
Speaking at the 15th edition of the Hindustan Times Leadership Summit, Modi said that that Goods and Services Tax (GST) was a major step towards transparency.
 
He described Aadhaar as a weapon against benami properties and said that this change is irreversible.
 
The prime minister said that there has been a behavioural change after demonetisation. “It is for the first time since independence that the corrupt are afraid to deal in black money,” he said.
 
The scrapping of bank notes has brought large parts of the underground economy into the formal system, he added.
 
He said that a corruption free, citizen centric and development friendly eco-system was the priority of his government.
 

Comments

 

Other News

Ahmedabad district railway network to be expanded

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday approved the Ahmedabad (Sarkhej) – Dholera Semi High-Speed Double Line project of Ministry of Railways with total cost of Rs. 20,667 crore (approx.). It will be Indian Railways 1st semi high-speed project

Indian Ocean more contested than ever: Western Naval Command Chief

The Indian Ocean is becoming increasingly contested and strategically significant as the Indo-Pacific emerges as the defining geopolitical theatre of the 21st century, Vice Admiral Krishna Swaminathan, Flag Officer Commanding-in-Chief of the Western Naval Command, has said.   Spe

Why the judiciary needs much more than four more judges

India has a particular form of governance theatre: the bold declaration that appears to be action but is actually a way of avoiding action. The Union Cabinet on May 5 approved a Bill to increase the sanctioned strength of the Supreme Court from 34 to 38. The decision has been touted as a step toward judici

Wisdom stories that don’t preach but encourage reflection

The Foundation Of A Fulfilling Life: Lessons from Indian Scriptures Deepam Chatterjee Aleph Books, 264 pages, Rs 899  

Citizens of the Bay: Why BIMSTEC matters now

The international order is drifting into a dangerous grey zone as the very powers that built today`s multilateral system begin to chip away at it. The United States has increasingly walked away from global rules and forums when they no longer suit its interests, while China has rushed to fill the vacuum on

PM salutes armed forces on one year of Operation Sindoor

Prime minister Narendra Modi on Thursday saluted the courage, precision and resolve of the armed forces on the completion of one year of Operation Sindoor.   The PM said that the armed forces had given a fitting response to those who dared to attack innocent Indians at Pahalgam.&


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter