Modi reviews post demonetisation situation with Cabinet collegues

Prime Minister Narendra Modi reviewed the situation post demonetisation with his Cabinet colleagues in New Delhi last evening. Sources said, just after the Cabinet meeting, Mr Modi discussed ways to fast track digitisation to enable larger cashless transactions. Issues like digital wallet services also came up for discussion. 

The meeting assumes significance as the Centre's deadline of 30th of this month - wherein people can deposit the old notes in the Banks.

Earlier in the day, Mr



Modi said, cleaning the system from black money and corruption is presently high on his agenda. He said this while jointly inaugurating, through video conferencing, the Economic Times Asian Business Leaders Conclave in Kuala Lumpur along with his Malaysian counterpart Najib Razak.Mr Modi said, India is moving towards a digital and cashless economy. He said, the country is currently witnessing an economic transformation and the outcomes are visible from its global rankings on various indicators.