The Narendra Modi government will take forward the campaign against black money at a faster pace and make the zero tolerance policy against corruption more comprehensive and effective, President Ram Nath Kovind said on Thursday.
In his address to the joint sitting of both houses of Parliament in the historic Central Hall, President Kovind also said the government''s objective of minimum government-maximum governance will be further emphasised.
"The campaign against black money will be taken forward at a faster pace. During the last two years, 4 lakh 25 thousand company directors have been disqualified and the registration of 3 lakh 50 thousand suspicious companies has been revoked," President Kovind said in his customary address after the formation of the 17th Lok Sabha.
The president said the ''Fugitive and Economic Offenders Act'' has proved effective in controlling fugitive economic offenders. "Now we are receiving information in this regard from 146 countries, including Switzerland. Of these, we have concluded agreements with 80 countries for automatic exchange of information," he said.
President Kovind said India is now receiving information about all those who have stashed black money abroad. "My government will make the zero tolerance policy against corruption more comprehensive and effective. The mission to eliminate corruption from public life and government services will be implemented with greater zeal," he said.
The President said the use of technology will be maximised to reduce human interface and the appointment of Lokpal will also promote transparency.
Lokpal Asks CBI To Probe Cash-For-Query Charge Against Mahua Moitra Top 10 Recommendations Of Ex-President-Led Panel On Simultaneous Polls 'One Nation, One Election' Explained. What Is It And How It Can Work 150 mg Semen In Kolkata Doctor's Body, Suspect Gang-Rape: Parents To Court Independence Day Updates: "Jal Jeevan Mission Has Reached 15 Crore Beneficiaries", Says PM Modi Vandalism At Kolkata Hospital Where Doctor Was Raped, Tear Gas Fired "Working To Reduce Government Interference In People's Lives": PM Modi "Natural Disasters Increasing Concerns": PM Modi On Independence Day "We Have Brought New Criminal Laws To Ensure Justice For All": PM Modi Track Latest News Live on NDTV.com and get news updates from India and around the world.