Govt counters Opposition: Those not in favour will be asked if they support black money

Targeting Prime Minister Narendra Modi, Anand Sharma alleged that the government had painted the entire people of the country as criminals.

By: Express News Service | New Delhi | Updated: November 16, 2016 9:37 pm
Rajya Sabha, Demonetisation, Parliament winter session, Rajya Sabha demonetisation, demonetisation rajya Sabha Demonetisation: Congress member Anand Sharma speaks in the Rajya Sabha. PTI Photo/ TV grab

As it crossed swords with a combative Opposition on the opening day of the winter session of Parliament, the government, defending the demonetisation of higher denomination currency notes, said the decision was taken “in the interest of the nation” and those opposing it will be asked if “they support black money and corruption”. Somewhat stumped by the readiness of the government to discuss the issue, the Opposition tore into the government for being “insensitive” to the problems being faced by people across the country in the wake of the demonetisation of Rs 500 and Rs 1,000 notes. Calling it the “biggest scam”, the Opposition claimed the decision to demonetise the notes had been “selectively leaked” and sought a probe.

Leading the Opposition charge in Rajya Sabha — Lok Sabha was adjourned for the day after obituary references — Congress leader Anand Sharma rejected the government contention that the move was aimed at stamping out black money and counterfeit currency. Targeting Prime Minister Narendra Modi, he alleged that the government had painted the entire people of the country as criminals.

ALSO READ: Arun Jaitley on Vijay Mallya: Bad loans write-off doesn’t mean we won’t pursue it

Union Minister Piyush Goyal hit back, saying the entire country had welcomed the decision. He said only some were upset because they had been hit by the move. “For the first time, the honest have been honoured and the dishonest have suffered losses.”

As Sharma pointed out that monetary policy is in the domain of the RBI, Goyal said the Prime Minister has the right to take a decision and there was never a situation for an ordinance to be brought. “RBI formulates the monetary policy and the Reserve Bank board took the decision. And on the basis of that decision, the 500 and 1,000 notes were scrapped,” he said.

ALSO READ: Demonetisation: Banks start using indelible ink to check repeat money exchange

Apart from weeding out black money and curbing corruption, the demonetisation step, Goyal said, has other benefits like making the economy honest, payment of taxes in full, and reining in interest rates, inflation and tax rates. Details of those who had stashed money abroad could not be revealed, he said, since it would impair an ongoing probe. After this move, he said, every individual will think twice before indulging in corruption and black money.

“It is such a step on which we thought there will be all-round support in the House… It is unfortunate that these political parties are opposing the decision for some reason or are they worried because the public has liked and applauded the move… people are saying the country has, for the first time, seen a Prime Minister and a government which is actually waging a swift and concrete battle against black money, corruption and terrorism,” Goyal said.

“It is in the interest of the nation… So if somebody says we are opposed to this… then it is natural for someone to ask, are they supporting black money and corruption that they are opposing such a good move.”

He said it has been alleged that the Modi government is with traders and businessman. “Had it been like that and had there been any substance in your allegation, then such a step to curb black money would not have been taken.

This step proves only the BJP has the strength to fight against black money and those indulging in corruption.”
The Congress, on the other hand, sought a probe into what it called “selective leak” of the move to demonetise the higher denomination notes. “You never kept the secrecy. This information was selectively leaked. Your BJP units have deposited crores… So it is my demand that this House fix the government’s accountability. There should be a probe to find out how many people had purchased gold, foreign currency and invested in bullion for over one crore from April to November 8,” Sharma said.

“There is something called global financial integrity unit. They have come out with a report… on the amount of money which has left India between April and September. Bring all these things to light. Make public the list of those people. You have caught hold of the poor and painted him as a black money trader and criminal… there is no list of those who have fled with money. Because when the list will come out, Hindustan’s biggest scam, in the name of rooting out black money, will be revealed. That should be probed,” he said.

Sharma also asked the government to reveal the names of all those who who have taken loans of over Rs 500 crore from banks and defaulted. “You have, in the last two years, restructured loans to the tune of 50,000 crore and 80,000 crore. You have waived loans worth thousands of crores. Tell us the names of those whose loans you have waived. You have not waived the loans of farmers. Who benefited? Your friends benefited while those who asked questions suffered,” he said.

Referring to the Prime Minister’s emotional speech in Goa where he said he had left his home and family for the country, Sharma said “roam around the world, change clothes five times a day and then say “sab tyaag, tapasya ho gayi.”

Earlier, speaking to the media at Parliament House, the Prime Minister called for a fruitful session. “I feel a very good debate will take place in this session too. All parties will have the best of contribution. Best of efforts will be made to take all parties along in completing government business. We are ready for an open debate which will lead to good and important decisions,” he said.

Modi recalled that during the monsoon session, Parliament took an important step for realisation of the dream of “one country, one tax”. Alluding to the passage of the Constitutional amendment Bill to facilitate the Goods and Services Tax, he said: “That day too, I had thanked all parties. When all parties work together in national interest, good decisions are taken and they are taken fast. It also gives good results.”

For all the latest India News, download Indian Express App now

First Published on: November 16, 2016 9:34 pm
  1. M
    MyTake
    Nov 16, 2016 at 6:27 pm
    Congies just get used to it and keep moving, people have woken up! lt;br/gt;lt;br/gt;It is absolutely unnecessary to "become" the "Ma Bap" of the people!lt;br/gt;lt;br/gt;In last election you got 44 seats. In next one all of you combined who are shedding tears of "love" for the people, will end up getting 44 seats together! If you think it is impossible think again what happened in US - people got their own mind and they do have the ability to make a decision without getting influenced. These people belong to the silent majority who do not always dance to your tune for or against but so take of your mnkeygiri!
    Reply
    1. M
      MyTake
      Nov 16, 2016 at 6:44 pm
      Congies, Commies and their chamchas need to accept the fact that there is a greater Parliament (you can also call it the new Ganga)in operation in virtual world. That Parliament is going to shape up your thoughts in coming days - you may not like it but your Children will embrace it! No "Ma Bap" type behavior can influence that and will be washed away like straws in the virtual water of this virtual Ganga!lt;br/gt;lt;br/gt;Make no mistake about this! People can already feel the difference of today which is better than yesterday, what to speak of yester year!
      Reply
      1. M
        MyTake
        Nov 16, 2016 at 6:35 pm
        (Targeting Prime Minister Narendra Modi, he alleged that the government had painted the entire people of the country as criminals.)lt;br/gt;lt;br/gt;Tell this c o c k and b u l l story to your gmother, if you have one! lt;br/gt;lt;br/gt;Modi is trying to get rid of the label of criminality and inefficiencies you and your chamchas painted on the people! Finding it difficult to acknowledge that your days are over, isn't it? People by now are quite familiar of your real ideny of the wolf in sheep's skin!!
        Reply
        1. N
          Narang
          Nov 16, 2016 at 11:08 pm
          BJP, Congress, Mayawati, Akhilesh Sab ek hi chattey Bahtte key hain. Ander sey sab miley huey hain. People end of voting bigger criminals in 2014.
          Reply
          1. N
            Nav
            Nov 16, 2016 at 6:56 pm
            The mega thieves, robbers, and criminals of the mega Corrupt Party, headed by Italian mafia Madam, are big losers. That is why they are opposing government move against black money.
            Reply
            1. A
              ams
              Nov 16, 2016 at 10:09 pm
              "Those not supporting demonetization will be questioned if they support black money" - What a fkcing chu$$$iya statement to make. You can be opposed to the way "so-called" demonetization is done and be against black money at the same time. These chu$$$s in the bhartiya jumla party better not think country is full of fools, no dount r@@bid Modi doo@gs definitely are. Media is fcked like shi$$ when they can even print such moronic statement in the headline..
              Reply
              1. A
                Anil
                Nov 16, 2016 at 6:36 pm
                The leftists in Kerala are very worried about this, because 70% of co-operative banks in Kerala are held by them, the rest of them by Congis and IUML. They have joined hands, against this demonetisation in Kerala, in the name "common" man. As per I-T dept almost 30k crore ( 30,000 crore - yes this is not a typo ) is unaccounted money. And today - in Kozhikode, 3 KSEB transformers which provides power 2 SBI and other banks, were set on fire two disrupt the bank activities. And today the commies did a dharna infront of RBI office, to block the day-to-day activities. So in the name of "common" man, these commies and congis are actually causing more harm to the people of Kerala.
                Reply
                1. A
                  ashok s
                  Nov 16, 2016 at 11:42 pm
                  The full debate was a great joke on common man . when opposition came out that govt had interfered in RBI job and proof of news was pre leak. Then why they didn't they ask for stay in house proceedings and ask for inquiry. When they have right to boycott they don't do it , but otherwise and every time they disrupt house proceedings.
                  Reply
                  1. अशोक.गोविंद.शहा
                    Nov 17, 2016 at 1:07 pm
                    vande mataram-those opposing black money move of govt are helping terorist and main problem is that thair black cash becomes paper of no value and they are hiding behind poor men farmers common man in favour of black money initiative but cunning leaders are making noise ja g te r ho
                    Reply
                    1. A
                      Avinash
                      Nov 16, 2016 at 11:31 pm
                      On the same breath, perhaps BJP is with big corrupts against whom they should have acted first.
                      Reply
                      1. A
                        Arun
                        Nov 16, 2016 at 10:49 pm
                        As usual there is no seriousness in discussion in Rajya Sabha over Demonetization issue. Everyone wants score point on each other. Sharad Yadav's speech is example of it.All of them talks to be true guardian of Aam Aadmi but public knows what is their intention.It seems they want to help those who have black moneys including themselves in name of sufferings of Public.However they must have realised that Public is with Narendra Modi over demonetization even honest people stand in ques for hours together before banks..
                        Reply
                        1. N
                          Nanban
                          Nov 16, 2016 at 9:34 pm
                          no one at 4000 deposit is being complained about or investigated...stop lies in parliament.
                          Reply
                          1. H
                            Harman
                            Nov 16, 2016 at 8:04 pm
                            Banks ran out of Money because 2 lakh crore given as bad loans to Mallaya, Lalit Modi, Adani, Ambani, Birla and BJP MPs were written off so no money left to give them so now forced deposit scam in form of demonetisation came into force so these rich elites continue their loot before Modi is kicked out of power in 2019 Elections.
                            Reply
                            1. A
                              Armpit
                              Nov 17, 2016 at 12:41 am
                              Sitaram yechury: should have used 100 rs notes and debit cards at railway stations and airports respectively. He spoke as if he has never travelled in India before.lt;br/gt;.lt;br/gt;By the way . . many people have opened bank accounts for receiving the subsidy, why should we forget that. And for child labours and those without ids, the coprorators in respective ward offices should pay for any losses for not giving these people ideny or recognition or sheltering them without reconizing their rights . .even nepalis and bangaldeshis have got id cards . .
                              Reply
                              1. J
                                J G
                                Nov 16, 2016 at 10:29 pm
                                The govt must show their faithfulness to nation not to industrialists.After waiving of loan of Malia why befool people by saying will pursue recovery.Bankers had never recovered any loan after waiver.Demonetising currency notes only poor and middle cl are affected no theory in economics support the version of the Govt.The parties are demanding transparency and probe and the ministers want to question about black money support.The govt must come out with white paper and tell the profit to the nation by quoting figures
                                Reply
                                1. J
                                  Joseph R Stephen
                                  Nov 16, 2016 at 6:04 pm
                                  Next elections we will give BJP a Kadak Chai made of tamarind seed powder.
                                  Reply
                                  1. S
                                    seshadri
                                    Nov 17, 2016 at 12:17 am
                                    Anand lacks to understand but the common understand that.who are are big looser. The loud opposition made common man's mind start probing itself automatically are they the big loser.
                                    Reply
                                    1. M
                                      Manos mukherjee
                                      Nov 17, 2016 at 5:54 am
                                      Mr.anand Sharma and the congress party please do not stoop so low by stating how many our pm changes his dress. The country will not bre surprised when your party and the great leader you have talks about the number of times our pm changes his undergarment , the make of it etc. You are running short of ideas how to attack the government lt;br/gt;T
                                      Reply
                                      1. M
                                        Manju
                                        Nov 16, 2016 at 9:17 pm
                                        I am not able to post a reply to any comment..any advice
                                        Reply
                                        1. M
                                          Manju
                                          Nov 16, 2016 at 9:09 pm
                                          What if there was no inconvenience, these opposition fells, Maywatis, Pappus, Kanjri walas, will be still crying. Now election commission should step in and get criminals, goons, vote purchasing, vote bank politics, calling muslim secular out of politics.
                                          Reply
                                          1. M
                                            mumbikar
                                            Nov 17, 2016 at 12:13 am
                                            is the government blackmail the opposition and public ? when they cannot answer the questions of all those NPA'S,, Swiss accounts,panama paper leak. nobody has ever said anything about been against black money, but when the government is asked sensitive questions, they play the nationalism and patriotic card to hoodwink the genuine questions put forward, are we fools to think that it was a secret when all the favored industrialist of theirs are board directors of national,private and co-prate banks !!! so what secret are they talking about ? in dirty politics there is no secret, only the bhakts can get fooled
                                            Reply
                                            1. Load More Comments