Modi should apologise for fooling people on black money issue:

Image
Press Trust of India New Delhi
Last Updated : Sep 05 2016 | 7:42 PM IST
Congress today attacked Prime Minister Narendra Modi for his remarks on black money at the G20 Summit and demanded that he first apologise for "fooling the people" and failing to deposit Rs 15 lakh in each citizen's bank account.
"In the Lok Sabha poll campaign, Modi had promised that within 100 days of becoming Prime Minister, he would deposit Rs 15 lakh in the bank account of every Indian by bringing back black money stashed abroad.
"Today is 827 days of his coming to power, he should apologise eight times for failing to honour the promise and fooling the people," party spokesman Manish Tewari told reporters.
Accusing the Prime Minister and the ruling BJP of "lying" to the country, he said that to "obfuscate" the matter, Modi was now asking G20 leaders to act to eliminate safe havens for economic offenders, unconditionally extradite money launderers and end excessive banking secrecy.
Tewari also attacked the government for failing to act against people in high places whose names have appeared in the Panama papers. "There has not been a demonstrable action even against a single person."
He wondered, in the last two years, how many new tax information agreements and double taxation avoidance treaties had been signed by the Modi government.
He gave credit to the efforts made by the erstwhile UPA for whatever success the NDA government has achieved in the last two years to unearth black money.
Asked whether it was proper to target the Prime Minister when he is on a foreign tour, Tewari said it was Modi who broke the rule by attacking his political opponents during visits abroad.

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: Sep 05 2016 | 7:42 PM IST

Next Story