In his virtual address at the third and final meeting of the G20 Anti-Corruption Working Group being held in Kolkata, PM Modi said on Saturday that corruption affects the poor and marginalized the most. He also said that the Government of India has a strict zero-tolerance policy against corruption. India is currently the chair of the G20.
Prime Minister Narendra Modi virtually addressed the third and final meeting of the G20 Anti-Corruption Working Group in Kolkata on Saturday. During this, he said that India has a strict zero-tolerance policy against corruption.
‘It is our duty to fight corruption’
bAt the G20 anti-corruption ministerial meeting in Kolkata, PM Modi said that corruption in India affects the poor and marginalized the most. He said that fighting corruption is our sacred duty towards our people.
The Prime Minister said that to expedite the recovery of foreign assets, G20 countries can set an example by using non-conviction based confiscation. This will ensure speedy return and extradition of criminals after due judicial process.
PM Modi expressed happiness over this
PM Modi said, “I am happy that an agreement has been reached on informal cooperation between law enforcement agencies, as this will prevent criminals from taking advantage of legal loopholes.” He said that corruption affects the allocation of resources. Yes, distorts the markets.
Need to fight corruption
Quoting Kautilya in Arthashastra, Modi said it is the duty of the government to increase the resources of the state to maximize the welfare of its people. To achieve this goal, there is a need to fight corruption.
The Prime Minister further informed that leakages and loopholes in welfare schemes and government projects are being plugged. “Crores of people in India have received Direct Benefit Transfers amounting to over $360 billion in their bank accounts and helped save over $33 billion,” he said.
PM Modi said, “Our Government e-Marketplace or GeM portal has brought more transparency in government procurement.” He also talked about the Prevention of Money Laundering Act (PMLA), which has helped criminals freeze assets worth over US$12 billion since 2014.
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