Demonetisation shows “boldness” of Modi: French foreign minister


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”. Appreciating the “Make in India” initiative, he said that France “wishes to be a major partner, thanks to its experience, expertise and recognised technologies”. At the same time, he said “joint efforts” should be made between the European Union and India to…

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