Demonetisation proves to be a game changer
By MYBRANDBOOK
In an event on India's Business Reforms and Ease of doing Business which had World Bank CEO Kristalina Georgieva in attendance, Prime Minister Narendra Modi expressed confidence on the nation continuing to perform progressively well on 'Ease of Doing Business' due to the slew of reforms initiated in the last three years.
Demonetisation Winning The Battle Against Corruption, Taking India Towards a Cleaner Economy, with a formidable push to cleanse India's financial system, demonetisation led to highest ever unearthing of black money.
Some interesting facts on the multi-dimensional benefits of DEMONETISATION:
* 17.73 lakh suspicious cases identified that do not match the tax profile.
* Deposits worth Rs 3.68 lakh crore under suspicion.
* 2.24 lakh shell companies faced the axe.
* Stone-pelting incidents in Kashmir came down by 75% from the previous year.
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