Mamata slams Centre over increase in flight of money to Swiss

Image
Press Trust of India Kolkata
Last Updated : Jun 29 2018 | 8:40 PM IST

West Bengal Chief Minister Mamata Banerjee today slammed the Centre over increase in flight of money to Swiss bank and blamed this to demonetisation.

Referring to the report that Indians' money in Swiss banks has risen by 50 per cent in the last one year, Banerjee said that it has happened when the native banks were running on losses.

"Bravo! #DeMonetisation? Swiss Bank money flying. India losing," Banerjee wrote on her Twitter handle this evening.

The TMC chief has been regularly criticising the Centre's decision of demonetisation in November 2016 as part of efforts to bring back blackmoney from foreign banks.

The TMC chief, who has floated the idea of "Federal Front" of regional parties, have been making scathing attack at the BJP-led coalition at the Centre.

She had held public meetings in several states to criticise the demonetisation as part of which high denomination currencies of Rs 1000 and Rs 500 were scrapped.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jun 29 2018 | 8:40 PM IST

Next Story