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

Maharshtra braces to face Cyclone Nisarga

 Even as Mumbai fights challenges posed by COVID-19 on multiple fronts and as the  coronavirus cases continue to rise daily, the city now faces a double whammy with the cyclone ‘Nisarga’ slated to make the landfall in Maharashtra Wednesday. A state-wide alert has been issued for Mumba

Harnessing the demographic capital: how effective are skilling programmes?

Probing data concerning increased job creation and the decline in unemployment has been holding the attention of economists and been subject of discussions in several think tanks in the preceding months. The NITI Aayog reports that 3.53 million new jobs were created between September 2017 and February 2018

It`s time to Unlock now, with economic focus

With Lockdown 4 ending Sunday, the home ministry has issued new guidelines to fight COVID-19 and for phased re-opening of areas outside the Containment Zones. The guidelines, issued based on extensive consultations held with states and UTs, will be effective from June 1 till June 30. The first phase of reo

Small kitchen gardens turn saviours for Gujarat tribal families

When the whole world is fighting COVID-19, food and nutrition security has become a major issue. The pandemic has aggravated the existing food crisis in India, especially in rural and tribal regions. There has been less availability of fresh foods in most parts of the country, and the tribal community has

India will set example of post-Covid-19 economic revival: Modi

India is determined to “set an example” for the rest of the word in the post-pandemic economic revival, prime minister Narendra Modi has said, underling the need to become self-reliant. “There is also a widespread debate on how the economies of various countries, including

3,543 ‘Shramik Special’ trains transport 48 lakh people in 26 days

Close to 48 lakh migrant labourers have been able to reach home from the cities they were working in, as the Indian Railways have run a total of 3,543 “Sharmik Special” trains from May 1. Following the home ministry order regarding the movement by special trains of migrant worker



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter