December 25, 2016 3:43 PM

printer

Centre's fight against corruption & black money will continue: PM Modi

Prime Minister Narendra Modi has said, his government's battle to fight corruption and black money has been going since the day they assumed office. Addressing a public rally at the Bandra Kurla Complex in Mumbai this evening, he assured people that this battle won't end till they win it. <br/><br/>Mr Modi said, the government took a big decision against black money and corruption on November 8 and 125 crore Indians endured pain but did not stop supporting him. He said, there were efforts to mislead and even intimidate people but they supported the government in its fight against this menace. Mr Modi also warned of ruin for the dishonest after the expiry of December 30 deadline for depositing scrapped currency. <br/><br/>He said that after December 30, the troubles of honest people will start to reduce and the problems of dishonest people will begin to increase. He was addressing the rally after laying the foundation stones for two Mumbai Metro projects, the Elevated Railway Corridors Project and the Mumbai Trans Harbour Link project at the MMRDA grounds. Later this evening, he also laid the foundation stone for Pune Metro Rail Project. <br/><br/>In his address at Pune, Mr Modi said, it is NDA government's endeavour that whatever projects are taken up are completed within the decided time frame. He said, the sins of benami properties would not have happened and people would not be standing in queues now, had necessary decisions been taken in the past. The Prime Minister also appealed to the people of Pune to come forward for cashless transaction. <br/><br/>He said, urbanisation is taking place at a fast pace and stressed on generating employment and improving the quality of life in villages to stop migration to cities. Mr Modi said, the Centre has started with a 'Rurban' mission which focuses on ensuring that that villages close to cities have the soul of a village and facilities of a city. He said, the Digital India campaign is not just meant for cities but for rural areas as well. He said, the Centre has decided to launch metro projects in more than 50 cities.<br/>'<br/>Earlier in the day inaugurating the newly-built campus of SEBI's National Institute of Securities Management in Raigad district of Maharashtra, the Prime Minister said, his aim is to make India a developed country in one generation. He said, the NDA Government is committed to following sound and prudent economic policies to ensure that India continues to have a bright future in the long run. He said, the NDA government will not shy away from taking tough decisions to ensure the development of the country. He said, the government will not take decisions for short term political gains. <br/><br/>Speaking on India's economic transformation and role of financial markets, Mr Modi pitched for higher tax contribution by market participants. He said, SEBI should work for closer linkage between spot markets like e-NAM and derivatives to benefit farmers. Mr. Modi said, the government is very keen to encourage start-ups and stock markets are essential for the start-up ecosystem. <br/><br/>Mr Modi also said, in less than 3 years, the government has transformed the economy. Mr. Modi said, in the time of global slowdown, India is being seen as a bright spot with growth projected to be highest in the world. He also said, Goods and Services Tax will soon be a reality. Mr Modi said, Foreign Direct Investment in the country is at record levels.<br/><br/>The Prime Minister also laid the foundation stone of the statue of Chhatrapati Shivaji Maharaj on an island off the Mumbai coast at Arabian Sea this afternoon. He said that even in the midst of struggle, Chhatrapati Shivaji remained a torch bearer of good governance. He said, the 17th century Maratha king's policies on water and finance are very inspiring for us. The memorial will be 192-metre high and will cost 3600 crore rupees. The first phase of the memorial will be completed by 2019 and the entire memorial by 2021.

Most Read
View All arrow-right

No posts found.