Don’t miss the latest developments in business and finance.

Modi says corrupt, black money hoarders will not be spared

Image
Press Trust of India New Delhi
Last Updated : Aug 15 2018 | 10:50 AM IST

Prime Minister Narendra Modi today vowed not to spare corrupt and black money holders, saying efforts of his government have freed corridors of power from brokers, enhanced the number of taxpayers and saved Rs 90,000 crore by eliminating bogus beneficiaries.

In his nearly 90-minute address to the nation on the occasion of 72nd Independence Day from the ramparts of the Red Fort, Modi thanks honest taxpayers for their contribution in the development of the country, which is now the world's sixth largest economy.

Also, nepotism and partisan politics have been eliminated and strict action is being taken against bribery.

"We will not spare the corrupt and those who have stashed black money. They have ruined the country," he said. "Delhi's streets are now free from power brokers. From (a time when) the voice of power brokers (was heard), the voice of the poor is (now) heard."
Stressing that the honest taxpayer of India has a major role in the progress of the nation, Modi said: "It is due to them that so many people are fed, the lives of the poor are transformed."

Also Read

First Published: Aug 15 2018 | 10:50 AM IST

Next Story