Press Release: Press Information Bureau

Prime Minister's Office

Demonetisation helped to reduce black money, increase tax compliance and given a boost to transparency: PM

Posted On: 08 NOV 2020 3:00PM by PIB Delhi

The Prime Minister, Shri Narendra Modi said "Demonetisation has helped reduce black money, increase tax compliance and formalization and given a boost to transparency.

The Prime Minister also said "These outcomes have been greatly beneficial towards national progress."

Demonetisation has helped reduce black money, increase tax compliance and formalization and given a boost to transparency.

These outcomes have been greatly beneficial towards national progress. #DeMolishingCorruption pic.twitter.com/A8alwQj45R
— Narendra Modi (@narendramodi) November 8, 2020

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