'5-fold strategy to deal with black money menace'
Monday, 28 February 2011, 22:23 IST
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New Delhi:Expressing "serious concern" over the generation and circulation of black money, Finance Minister Pranab Mukherjee today said the government has adopted a five-fold strategy to deal with the menace. "The generation and circulation of black money is an area of serious concern. To deal with this problem effectively, the government has put into operation a five-fold strategy which consists of joining the global crusade against black money," Mukherjee said in his Budget speech. The Finance Minister also said trafficking in narcotic drugs also contributes to the generation of black money and the government proposes to announce a national policy in this regard. "To strengthen controls over prevention of trafficking and improve the management of narcotic drugs and psychotropic substances, I propose to announce a comprehensive national policy in the near future," he added.
Source: PTI
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