Why is PM Modi not divulging names of black money holders, asks Congress

The Congress party said that the government was preventing the people from withdrawing their own money.

By: Express Web Desk | New Delhi | Updated: November 15, 2016 7:40 pm
indelible ink, banks, currency exchange, Shaktikant Das, congress, black money, cash withdrawals, multiple withdrawals, multiple cash exchange, india news Economic Affairs Secretary Shaktikant Das on Tuesday announced that banks will be using indelible ink, similar to the one used in elections, to deter unscrupulous people from making multiple visits to cash counters in a day.

The Congress party lashed out at Prime Minister Narendra Modi on Tuesday and asked why he isn’t divulging names of black money holders. “Why is the Prime Minister not divulging the names of those holding black money?”. The Congress also opposed the move to mark people exchanging defunct notes with indelible ink. The party said the government is preventing people from withdrawing their own money. In a crackdown against those trying to turn black money into white, Economic Affairs Secretary Shaktikant Das on Tuesday announced that banks will be using indelible ink, similar to the one used in elections, to deter unscrupulous people from making multiple visits to cash counters in a day.

WATCH VIDEO: Demonetisation: Banks Provide New Rs 500 Notes

The DEA Secretary revealed that the finance ministry has received reports of many trying to convert their black money by sending people in groups to swap currency at bank counters. “To solve this problem we have decided to use indelible ink marks, similar to the one used in elections, at cash counters,” Das said.

He added that the reason for long queues outside the banks is because of the same people joining the queue again at some places. “Have been trying to analyse reasons for long queues,it has come to notice that same people are coming again at same place,” Das said.

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First Published on: November 15, 2016 4:58 pm
  1. L
    Lucky
    Nov 15, 2016 at 6:36 pm
    And where is actual black money 638 account holder name that exist in swiss bank? There is not a single person account affectded by this activities. Only our poor
    Reply
    1. L
      Lucky
      Nov 15, 2016 at 6:29 pm
      I think one formality has done by our government by ink mark cash collection one thing is remaing plz provide vallet box also so that indian make vote cast against this badly system and find out or reply by indian citizen decision.
      Reply
      1. V
        Vish
        Nov 15, 2016 at 3:17 pm
        Congi and Kujri should move, bleat, before SC, CIC, any other great central agency to ban central govt, take it over, ignore niceties of law, make all cash exchangers names public.
        Reply
        1. A
          Amir
          Nov 15, 2016 at 6:22 pm
          33391991283 is my sbi ac number , black money holders please if you are interested than u can credit to this given ac number , I am running child welfare aashram and I'm out of cash to feed them , so it would be very grateful if u please help me, may god bless you. thanks
          Reply
          1. A
            ak dev
            Nov 15, 2016 at 6:41 pm
            PM Modi will soon fulfill all wishes of Congress and other corrupt parties.
            Reply
            1. A
              ak dev
              Nov 15, 2016 at 6:38 pm
              Stand with a bowl infront of a temple or Masjid, you are sure to get few 500 and 1000 notes.
              Reply
              1. A
                alvi
                Nov 15, 2016 at 5:54 pm
                abey chup ullu ke pathe modi ke chamche
                Reply
                1. D
                  dd
                  Nov 15, 2016 at 2:54 pm
                  Congress was in power for last 60 years...They must have list ..They should disclose it make mak PM in hot sit.
                  Reply
                  1. G
                    GVG
                    Nov 15, 2016 at 12:46 pm
                    Good question by Congress. Only evasive answer modi would have what have you done?
                    Reply
                    1. G
                      gdv
                      Nov 15, 2016 at 11:48 am
                      Congress should understand its for exchange and not withdrawal ... if one has more cash than 4K ...he/she can deposit and withdraw from Bank or ATM ...why he/she want to exchange only :)
                      Reply
                      1. S
                        Save Humanity
                        Nov 15, 2016 at 11:49 pm
                        The government have long lists of individuals and Insutes thriving on Black Money. Government never acted, instead gave them time to make Black Money into White. The so called “Surgical Strike” on Corruption is nothing to do with Black Money. Question arise, why this strike? Actually governments throughout the world now wanted to control “Individual Hard Earned Money” How they can do? This can be achieved by compelling each and every individual to put their money in Banks control by government. Once they got money in Banks, now it is very easy to implement hundreds of Rules and Regulations, when and how much we can withdraw our own hard earned money etc. If you don’t agree with their rules and ideologies or step little out of line, your account can be blocked or freezed.lt;br/gt;This strike also serves the purpose to aid and promote agencies dealing with electronic money such as Online Wallets and online shopping czars. The ultimate goal is to make our society CASHLESS, where we can’t see, touch or feel money. Money generated out of ‘THIN AIR’ is called CASHLESS MONEY. It will be controlled by heartless electronic impulses operating in the machine. Expert says cashless money will be controlled by one server throughout the world (Control Center), so that few ruling elites can control the world potion “M control Mechanism”. Since we will not be having physical reach to the Cash, mes can be easily manited. They can easily on, off or slow the server, they can easily block or freeze people accounts if they go out of line or don’t support the ruling elite ideology. People will be just like Cattle or Herd. CASHLESS ECONOMY WILL BE ULTIMATE FORM OF SLAVERY: “Financial Guantanamo”. Sadly we are moving in that direction…
                        Reply
                        1. M
                          Manohar Sharma
                          Nov 15, 2016 at 1:20 pm
                          No need to divulge the names now. They are already dead with Modi's surgical strike on black money.
                          Reply
                          1. H
                            Hajee Muneer Ahmed Saheb
                            Nov 15, 2016 at 2:05 pm
                            Why the B J P government is haring the common man and saving the big fish. It seems it is attacking the common men and women by taking away their small savings in the guise of demonetisation to save these big names who have swallowed lacs of crores and saving the banks also.
                            Reply
                            1. P
                              Perumal
                              Nov 15, 2016 at 1:44 pm
                              Is this some exam results to find whether one's name is there are not? Why is Congress in a hurry to find their members' name in a list?
                              Reply
                              1. V
                                Vihari Naidu
                                Nov 15, 2016 at 12:41 pm
                                Why Bjp doesn't disclose it's party funding ?
                                Reply
                                1. S
                                  Sridhar
                                  Nov 15, 2016 at 10:25 pm
                                  Because he does not want to shame you guys. He is giving a chance for you to come clean. Very soon the list containing your names (Cantankerous Party) will be out.
                                  Reply
                                  1. A
                                    Anil Kumar
                                    Nov 15, 2016 at 11:55 am
                                    Many people who are having Black Money are getting it exchanged by brokers. It is the right move by the Government.
                                    Reply
                                    1. S
                                      smg
                                      Nov 15, 2016 at 11:41 am
                                      Now the dalals are feeling the heat. When you go to the bank branches and look at those waiting for exchange, most of them seem to be professional queue guys like the cinema black market guys. So, this is the right way. This is for exchange not for withdrawing from account, Pappuji
                                      Reply
                                      1. S
                                        ssn murthy
                                        Nov 15, 2016 at 1:55 pm
                                        If he does it majority of names in the list belong to congress
                                        Reply
                                        1. T
                                          True Indian
                                          Nov 15, 2016 at 2:47 pm
                                          First three names on the list:lt;br/gt;lt;br/gt;1) Sonia hilt;br/gt;2) Rahul hilt;br/gt;3) Robert Vadra
                                          Reply
                                          1. T
                                            TagoRe
                                            Nov 16, 2016 at 6:41 am
                                            Dear Modiji,lt;br/gt;I am very happy with the news.At least you had taken a step whether you continue your journey or not to eradicate the black money.lt;br/gt;One more suggestion is that post offices and Gram Dak Sevak has reached every corner of the country instead of establishing New Banks convert all the Post offices and Gram dak sevak offices into postal banks which costs less expenditure and more services by changing them into banks.lt;br/gt;Provide the technology which bank are using to postal banks and can run the show along with postal services.
                                            Reply
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