In its 1st meeting, Modi-led Cabinet OKs probe on black money

–Law minister: Cabinet OKs special team to unearth black money
–Justice Shah to head team on unearthing black money
–High-level meeting called on railway safety
–Cabinet to again meet Wednesday
–Wed Cabinet meet to discuss next Parliament session
–External affairs minister to meet media Wednesday
–Govt to take a structured view on Article 370
New Delhi: The first Union Cabinet meeting held today under the leadership of Prime Minister Narendra Modi appointed a special investigation team, to be headed by former Supreme Court Justice M.B. Shah, to unearth black money as per the order of the Supreme Court, Law Minister Ravi Shankar Prasad said.

He said the special investigation team will include Reserve Bank of India’s Deputy Governor, directors of Intelligence Bureau, Enforcement Directorate, Central Bureau of Investigation, Finance Intelligence Unit, Research and Analysis Wing, Chairman of Central Board of Direct Taxes, director generals of Narcotics Control Bureau and Revenue Intelligence, as also joint secretary of Central Board of Direct Taxes.

Prasad said that a high-level meeting had been called on railway safety in light of the recent rail accident in Uttar Pradesh, where several people were killed.

He also said that the government will take a structured view on Article 370, which gives special status to Jammu and Kashmir.

The Cabinet will meet again on Wednesday, when it will discuss the next Parliament session.

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