Congress, opposition parties trying to save those with black money: Govt

Union minister Prakash Javadekar said hat BJP-led government has commenced work on bringing back black money stashed abroad

Press Trust of India New Delhi
Last Updated : Nov 25 2014 | 2:50 PM IST
The Government today hit back at the Congress and other opposition parties over black money issue, saying those making noise over it now are 'helping' those who have illegal money in bank accounts abroad.

Union minister Prakash Javadekar told reporters outside Parliament that BJP-led government has commenced work on bringing back black money stashed abroad.

"Those who are jittery due to our action and people from the Congress are trying to save people having black money," he said, noting that the previous UPA government did not constitute SIT, as asked by the Supreme Court, for two and a half years while BJP did so within 'two and a half days' of assuming power.

The apex court has also acknowledged and praised the updated information provided by the government to SIT, the minister claimed.

Dismissing demand that the names of those having black money in bank accounts abroad be disclosed, Javadekar said it would prompt other countries to stop providing India more information.

The issue of black money created uproar in Lok Sabha on the first working day of the Winter Session with the opposition parties asking the government to fulfil its promise of bringing back the illegal wealth.

As soon as the House met for the day, members from Trinamool Congress (TMC) rushed to the Well holding black umbrellas with slogans like 'bring back black money' inscribed on them.

They were soon joined by members from the Congress, RJD, AAP and Samajwadi Party who also raised slogans demanding a response from Prime Minister Narendra Modi on the issue.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 25 2014 | 2:41 PM IST

Next Story