New Delhi sources have stated that PM Modi in his speech told about demonetization that over Rs 1.75 lakh crore deposited in banks post note-ban and more than 18 lakh people with disproportionate income are under government scrutiny.
Those who have looted the nation and looted the poor are not able to sleep peacefully today. Demonetization of old Rs 500 and Rs 1,000 notes last November helped bring over Rs 3 lakh crore of hereto unaccounted wealth into the banking system.
Modi said about natural calamities that many parts of the country faced natural calamities in the recent past. Children died at a hospital, the entire nation is with them. Natural calamities become a big challenge. Good rains contribute to the prosperity of the country, but climate change creates problems.
When speaking about GST he said the implementation of Goods and Services Tax (GST), that subsumed over a dozen central and state levies to weave India into one market, has been smooth. GST has shown the spirit of cooperative federalism. The nation has come together to support GST and the role of technology has also helped.
