On the fourth anniversary of note ban, Prime Minister Narendra Modi on Sunday said it helped reduce black money, increase tax compliance and formalisation, and gave a boost to transparency.
On November 8, 2016, Modi announced the decision to ban all currency notes of denomination of 500 and 1,000 from midnight.
Taking to Twitter, Prime Minister Modi listed the beneficial outcomes of demonetisation.
“Demonetisation has helped reduce black money, increase tax compliance and formalisation and given a boost to transparency.”
“These outcomes have been greatly beneficial towards national progress,” Modi tweeted with the ‘DeMolishingCorruption’ hashtag. Along with his tweet, the prime
“These outcomes have been greatly beneficial towards national progress,” Modi tweeted with the ‘DeMolishingCorruption’ hashtag. Along with his tweet, the prime