JAMMU, Nov 6: State BJP has decided to observe November 8 as anti-black money day on the anniversary of demonetization decision taken by PM Modi led Centre Government to curb black money menace in the country.
BJP State general secretary, Harinder Gupta, while appreciating bold decision of demonetization, said that it has led to multi dimensional success in curbing menace of corruption, India’s highest ever unearthing of black money, blow to terrorism, clean financial system, better jobs, increased tax compliance, boost in digital payments, cheaper loans, increased revenues.
He said that people were fed up with deep rooted corruption and large scams and Modi Government took unprecedented steps in fighting corruption at every level. He said that presently cash deposits under suspicion stand at Rs 3.68 lakh crore in 23.22 lakh bank accounts and in addition to this, banks and financial institutions reported more than 4.7 lakh suspicious transactions.
Harinder said that Stone-pelting incidents in Kashmir were reduced to 1/4th of the previous year from 2683 (Nov 15-Oct 16) to 639 (Nov 16 to July 2017) as demonetization struck a severe blow to terrorists by clamping down on their funds and militants in Kashmir lost access to all their cash reserves and their desperation was evident in bank robbery attempts. He said that in a surgical strike on shell companies, 2.24 lakh companies were struck off.