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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  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
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          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
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            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
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