Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India's Demonetization Boosts Transparency, Spurs Foreign Investment, and Seizes Undisclosed Wealth Amid Economic Growth Efforts.</h1> The economic growth of India relies on factors like capital formation, technology, and governance. Following the demonetization of old banknotes, the government is closely monitoring the situation. Diplomatic Missions have praised the move for enhancing transparency and potentially boosting foreign direct investment. The Reserve Bank of India and banks are increasing cash supply to the public, with daily monitoring of cash distribution. The government is addressing public inconvenience and has seized Rs. 370 crores in cash and jewelry, with over Rs. 2500 crores in undisclosed income admitted. Enforcement agencies are coordinating actions against offenders, including penalties and prosecutions.