Published On : Tue, Feb 7th, 2017

Steps against black money were not sudden: PM

PM Modi in Loksabha
New Delhi: PM Modi on demonetisation: Every single thing on demonetization has been recorded. Everything is available to tax officials at their fingertips… it has cleansed India; and has ended the shadow economy.

Like Swachh Bharat, the decision on demonetisation is a movement to clean India (from corruption and black money).

Steps against black money were not sudden. The Supreme Court warned of large amounts of black money stashed abroad.

The very first day in Parliament after we came to power, we did what the Supreme Court had said, formulate the SIT.