You are here: Home » News-IANS » Politics
Business Standard

Modi seeks bank details from BJP MPs/MLAs, opposition calls it farce

IANS  |  New Delhi 

In an apparent show of transparency, Prime Minister Modi on Tuesday asked all MPs and MLAs of the to provide details of their transactions between November 8 -- when came into effect -- and December 31, the day the drive ends.

But opposition parties lambasted the move as meaningless, demanding that Modi ask his legislators to provide details of all transactions for six months prior to November 8.

Modi's instruction came at a Parliamentary Party meeting held here on Tuesday. Informed sources said he asked lawmakers to submit their transaction details to party President Amit Shah by January 1, 2017.

The move, seen as an effort to blunt opposition criticism that members knew in advance about the of Rs 500 and Rs 1,000 notes, was instead dubbed by the opposition as an attempt to fool the people.

"This is a cosmetic attempt to pull off another PR spin to fool the people of India," Congress leader Sanjay Jha told IANS. "Why not make public all cash deposits/withdrawals prior to that period? Why isn't Modi declaring the source of electoral funds of the during 2014 elections," Jha questioned.

Congress leader Tom Vadakkan, while reiterating the demand that disclosures should extend to the period prior to November 8, wondered why the information was being submitted to President Shah. "The information should come out in the public domain and not just be submitted to Amit Shah," he said.

The opposition charge is based largely on a sudden surge in deposits at scheduled commercial banks in the second half of September -- a little over a month before the announcement -- to the extent of about Rs 3.5 lakh crore. The surge was preceded by a slight drop in deposits in the first half of September.

The government has said the surge was a result of the then ongoing Income Disclosure Scheme (IDS) and payouts of Seventh Pay Commission arrears. However, the amount involved in the scheme and arrears was not enough to account for the total surge.

The Congress apart, (AAP) National Convenor Arvind Kejriwal also criticised the Prime Minister and the President over the move to disclose banking transactions between November 8 and December 31.

"So now MP/MLAs will give their details to Amit Shah and he (Amit Shah) will check black money," the Delhi Chief Minister tweeted.

Attacking the BJP, AAP leader Ashutosh said: "It is the biggest farce one can ever imagine. If the is serious, they should make their transaction details public and give it to the Income Tax Department."

"What is the purpose of submitting them to Amit Shah," he wondered.

Janata Dal-United (JD-U) leader and Rajya Sabha Member Ali Anwar told IANS: "First thing, the must give details of the transactions prior to November 8."

He said: "Our party has exposed the land deals of the in 22 districts of Bihar (in the months before demonetisation). And we shall keep on opposing the wrongdoings of the BJP."

At the Parliamentary Party meeting earlier in the day, Shah reportedly told party MPs to motivate traders in panchayats, municipalities and other local bodies falling in their constituencies to shift to cashless transactions.

--IANS

aks-am/bns/hs/dg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Modi seeks bank details from BJP MPs/MLAs, opposition calls it farce

In an apparent show of transparency, Prime Minister Narendra Modi on Tuesday asked all MPs and MLAs of the Bharatiya Janata Party to provide details of their bank transactions between November 8 -- when demonetisation came into effect -- and December 31, the day the drive ends.

In an apparent show of transparency, Prime Minister Modi on Tuesday asked all MPs and MLAs of the to provide details of their transactions between November 8 -- when came into effect -- and December 31, the day the drive ends.

But opposition parties lambasted the move as meaningless, demanding that Modi ask his legislators to provide details of all transactions for six months prior to November 8.

Modi's instruction came at a Parliamentary Party meeting held here on Tuesday. Informed sources said he asked lawmakers to submit their transaction details to party President Amit Shah by January 1, 2017.

The move, seen as an effort to blunt opposition criticism that members knew in advance about the of Rs 500 and Rs 1,000 notes, was instead dubbed by the opposition as an attempt to fool the people.

"This is a cosmetic attempt to pull off another PR spin to fool the people of India," Congress leader Sanjay Jha told IANS. "Why not make public all cash deposits/withdrawals prior to that period? Why isn't Modi declaring the source of electoral funds of the during 2014 elections," Jha questioned.

Congress leader Tom Vadakkan, while reiterating the demand that disclosures should extend to the period prior to November 8, wondered why the information was being submitted to President Shah. "The information should come out in the public domain and not just be submitted to Amit Shah," he said.

The opposition charge is based largely on a sudden surge in deposits at scheduled commercial banks in the second half of September -- a little over a month before the announcement -- to the extent of about Rs 3.5 lakh crore. The surge was preceded by a slight drop in deposits in the first half of September.

The government has said the surge was a result of the then ongoing Income Disclosure Scheme (IDS) and payouts of Seventh Pay Commission arrears. However, the amount involved in the scheme and arrears was not enough to account for the total surge.

The Congress apart, (AAP) National Convenor Arvind Kejriwal also criticised the Prime Minister and the President over the move to disclose banking transactions between November 8 and December 31.

"So now MP/MLAs will give their details to Amit Shah and he (Amit Shah) will check black money," the Delhi Chief Minister tweeted.

Attacking the BJP, AAP leader Ashutosh said: "It is the biggest farce one can ever imagine. If the is serious, they should make their transaction details public and give it to the Income Tax Department."

"What is the purpose of submitting them to Amit Shah," he wondered.

Janata Dal-United (JD-U) leader and Rajya Sabha Member Ali Anwar told IANS: "First thing, the must give details of the transactions prior to November 8."

He said: "Our party has exposed the land deals of the in 22 districts of Bihar (in the months before demonetisation). And we shall keep on opposing the wrongdoings of the BJP."

At the Parliamentary Party meeting earlier in the day, Shah reportedly told party MPs to motivate traders in panchayats, municipalities and other local bodies falling in their constituencies to shift to cashless transactions.

--IANS

aks-am/bns/hs/dg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Modi seeks bank details from BJP MPs/MLAs, opposition calls it farce

In an apparent show of transparency, Prime Minister Modi on Tuesday asked all MPs and MLAs of the to provide details of their transactions between November 8 -- when came into effect -- and December 31, the day the drive ends.

But opposition parties lambasted the move as meaningless, demanding that Modi ask his legislators to provide details of all transactions for six months prior to November 8.

Modi's instruction came at a Parliamentary Party meeting held here on Tuesday. Informed sources said he asked lawmakers to submit their transaction details to party President Amit Shah by January 1, 2017.

The move, seen as an effort to blunt opposition criticism that members knew in advance about the of Rs 500 and Rs 1,000 notes, was instead dubbed by the opposition as an attempt to fool the people.

"This is a cosmetic attempt to pull off another PR spin to fool the people of India," Congress leader Sanjay Jha told IANS. "Why not make public all cash deposits/withdrawals prior to that period? Why isn't Modi declaring the source of electoral funds of the during 2014 elections," Jha questioned.

Congress leader Tom Vadakkan, while reiterating the demand that disclosures should extend to the period prior to November 8, wondered why the information was being submitted to President Shah. "The information should come out in the public domain and not just be submitted to Amit Shah," he said.

The opposition charge is based largely on a sudden surge in deposits at scheduled commercial banks in the second half of September -- a little over a month before the announcement -- to the extent of about Rs 3.5 lakh crore. The surge was preceded by a slight drop in deposits in the first half of September.

The government has said the surge was a result of the then ongoing Income Disclosure Scheme (IDS) and payouts of Seventh Pay Commission arrears. However, the amount involved in the scheme and arrears was not enough to account for the total surge.

The Congress apart, (AAP) National Convenor Arvind Kejriwal also criticised the Prime Minister and the President over the move to disclose banking transactions between November 8 and December 31.

"So now MP/MLAs will give their details to Amit Shah and he (Amit Shah) will check black money," the Delhi Chief Minister tweeted.

Attacking the BJP, AAP leader Ashutosh said: "It is the biggest farce one can ever imagine. If the is serious, they should make their transaction details public and give it to the Income Tax Department."

"What is the purpose of submitting them to Amit Shah," he wondered.

Janata Dal-United (JD-U) leader and Rajya Sabha Member Ali Anwar told IANS: "First thing, the must give details of the transactions prior to November 8."

He said: "Our party has exposed the land deals of the in 22 districts of Bihar (in the months before demonetisation). And we shall keep on opposing the wrongdoings of the BJP."

At the Parliamentary Party meeting earlier in the day, Shah reportedly told party MPs to motivate traders in panchayats, municipalities and other local bodies falling in their constituencies to shift to cashless transactions.

--IANS

aks-am/bns/hs/dg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard