 "PM showcases demonetisation, GST to ASEAN")
In Manila on Monday, Prime Minister Narendra Modi extolled the benefits of demonetisation to ASEAN business leaders. He also spoke at length about initiatives taken by his government, particularly its efforts at curbing corruption.
The note ban decision has faced flak domestically, as has the roll out of the goods and services tax (GST). But the PM, in his address to the ASEAN Business and Investment Summit on the sidelines of the India-ASEAN and East Asia Summits, told the gathering that "demonetisation", among other steps, "has resulted in formalizing a large part of our (India's) economy."
Modi also listed the implementation of
