India Has Strict Policy Of Zero Tolerance Against Corruption: PM

Mumbai: PM Narendra Modi virtually addressed the G20 Anti-Corruption Ministerial Meeting and said that India has a strict policy of zero tolerance against corruption.

The Prime Minister further said, “I am glad that an understanding has been reached on informal cooperation between the law enforcement agencies, as it will prevent criminals from exploiting legal loopholes.”

In addition, PM Modi made reference to Tagore’s works and issued a warning against greed, saying that it keeps us from understanding the truth.

Additionally, he discussed the ancient Indian Upanishads, which aim towards the ideal of “Ma Gridha,” which is translated as “let there be no greed.” PM Modi emphasized once more that the poor and the marginalized are the ones who suffer the most as a result of corruption.

“It affects resource utilization, distorts markets, impacts service delivery, and ultimately diminishes people’s quality of life,” he added.

Invoking Kautilya from the Arthashastra, Modi stated that it is the responsibility of the government to improve the State’s resources in order to maximize the welfare of its citizens. He stated that fighting corruption is essential to achieving this aim and that it is the government’s solemn obligation to its citizens.

He said that holes and leaks in government projects and social programs are being sealed.

He said, “Hundreds of millions of Indians have received direct benefit transfers into their bank accounts totaling more than 360 billion dollars, saving more than 33 billion dollars.

“Our government e-Marketplace, or GeM portal, has brought greater transparency to government procurement,” he continued.

When discussing the Economic Offenders Act’s passage in 2018, PM Modi stated that the government is pursuing economic offenders actively and that fugitives and economic offenders have had assets worth over 1.8 billion dollars recovered.  

He also spoke about the Prevention of Money Laundering Act (PMLA) which has helped attach the assets of offenders worth more than USD 12 billion since 2014.

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