India still in the dark on black money

Modi government has no estimate of the black money stashed abroad

GN Bureau | May 4, 2016


#black money   #Jayant Sinha   #Narendra Modi   #Manmohan Singh  

 In a written reply to the rajya sabha, minister for state for finance, Jayant Sinha said, “Determination of black money sent to foreign countries is subject to investigation and other follow-up actions by relevant law enforcement agencies, including Income Tax department, enforcement directorate, CBI etc., which is on-going… However, details of the amount of money involved in such cases are not maintained centrally.”

After storming to power, prime minister Narendra Modi assured that they were committed to bring back black money as promised during election campaigns. 

 
Former prime minister Manmohan Singh recently took on Modi over the black money issue in Guwahati. He said that the government had failed miserably in fulfilling its promise made to the people. “His foreign tours are being presented as great achievements, but everyone knows that these foreign tours have resulted in nothing,” he said.
 

Comments

 

Other News

Sedition law: Can it have a place in democracy?

Does the concept of sedition have a place in modern democracies? This question became more relevant when the apex court recently put the country`s colonial-era sedition law on abeyance stating that there is a “requirement to balance… security interests and integrity of the State… and th

Not just another Manto anthology

The Collected Stories of Saadat Hasan Manto: Volume 1: Bombay and Poona Translated by Nasreen Rehman Aleph Book Company, 548 pages, Rs 999 There are writers, there are writers’ writers, and then there are readers’ writers. Saadat Hasan Mant

These tribal women may be illiterate but are successful entrepreneurs

Meet Promila Krishna, 39, Lalita Nayak, 40, Parbati Gadba, 42, Sanadei Dhuruwa, 39, and Nabita Barika, 41, of Kundra block in Odisha’s Koraput district. Except for Promila who is a matriculate, others haven’t attended school beyond the elementary level. However, while introducing themselves to

Women in workforce: Despite policy support, why it is declining

Michelle Obama once said, “No country can ever truly flourish if it stifles the potential of its women and deprives itself of the contributions of half of its citizens.” That should be so obvious, but it is not, and countries keep depriving themselves of the contributions of half of their popul

Chintan Shivir 2022: Will Congress regain its lost mojo?

The Congress is scheduled to hold a Chintan Shivir (meaning, ‘introspection camp’) from May 13th to 15th in Udaipur and it has identified six specific areas for introspection. These are 1. Political 2. Social Justice and Empowerment 3. Economy 4. Organization 5. Farmers and Agriculture and 6. Y

Role of civil society organisations in governance and CSR

India has the largest share of the deprived and the marginalized among the 1.3 billion-plus, out of the 7.9 billion-plus inhabitants of the world, who are said to be living without shelter or basic amenities required for human existence. Clearly, we need to introspect as to why despite being the fourth or

Visionary Talk: Arvind Sawant, Member of Parliament with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter