Hangzhou: Prime Minister Narendra Modi on Monday raised the issue of black money and tax evasion at the ongoing G20 Summit here, urging the member countries to take action against the financial corruption.

On the second day of the Summit, Modi said “fighting corruption, black money and tax evasion were central to effective financial governance.”

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The Prime Minister also said there should be “zero tolerance” for corruption and black money and treaty loopholes.

He urged the members nations to show “full commitment” to action against the financial corruption.