Large Volumes of Cash Big Source of Corruption & Black Money: PM Modi
Prime Minister Narendra Modi on Friday said, large volumes of cash are a big source of corruption and black money. In an article posted on social media platform, Modi said corruption slows down growth and takes a toll on the dreams of the poor, neo-middle class and middle class. He said, in the 21st century India, there is no place for corruption.
“Large volumes of liquid cash are a big source of corruption and black money,” he said while referring to his “historic” decision on November 8 to scrap Rs 500 and Rs 1000 notes with an aim of ending corruption and black money.
Prime Minister, appealed to the people to lead the change towards cashless transactions to lay the strong foundations of an India where there is no place for such malaise. He said today we live in an era of mobile banking and mobile wallets.
“I urge all of you, particularly my young friends to lead the change and inspire others to turn towards cashless transactions. This will set the strong foundations of an India where there is no place for corruption and black money,” Modi said.
Ordering food, buying and selling furniture, ordering a taxi all of this and lot more is possible through mobiles, Modi said.
Along with the article, Prime Minister posted pictorial references to cashless options like credit cards.http://www.goinews.com/2016/12/02/large-volumes-cash-big-source-corruption-black-money-pm-modi/PMOBlack Money,Corruption,DeMonetisation,Narendra Modi,Prime Minister of India