New Delhi: France has appreciated demonetisation in India, terming it as a “bold” decision which “shows how determined” Prime Minister Narendra Modi is to combat tax evasion, corruption and black money. French minister for foreign affairs and international development Jean-Marc Ayrault also hailed the “significant reforms” undertaken by Modi to attract foreign investments, saying “they are in the right direction”. It shows how determined Prime Minister Modi is to combat tax evasion, corruption and black money. ALSO READ | Need more humour and satire in daily life: Narendra Modi“We are following these developments with keen interest,” he added. “But we must continue our joint efforts, between the European Union and India, to reduce trade barriers,” he said.

Source: Mint January 15, 2017 14:24 UTC