Modi govt has no policy on black money issue, says CPI(M)
CPI(M) leader Prakash Karat on Thursday criticised Prime Minister Narendra Modi-led government for not taking firm steps to bring back the black money stashed abroad.
New Delhi: CPI(M) leader Prakash Karat on Thursday criticised Prime Minister Narendra Modi-led government for not taking firm steps to bring back the black money stashed abroad.
"Black money is itself produced in our country. The primary question is that we need to stop the production of such money. Modi government has no policy to stop this and neither have they done anything to bring it back from abroad," Karat told ANI here.
Parliamentary Affairs Minister M Venkaiah Naidu earlier this morning said that black money was generated during the Congress-led UPA regime, and added the government which had constituted the Special Investigation Team (SIT) after coming to power, has nothing to apologise or hide on this issue.
Naidu alleged that the former UPA Government, which was supported by the Samajwadi Party, Left parties and the Trinamool Congress (TMC), did not initiate any firm steps on the black money issue.
Responding to the debate on black money issue in the Rajya Sabha, Finance Minister Arun Jaitley earlier on Wednesday asserted that the Centre is committed to identify every black money account holder and said that the government has identified holders of 427 accounts abroad and notices have been sent to them.
Jaitley further said that automatic exchange of information is going to be the next step in the global black money probe. The Finance Minister also said that a populist stance on black money would help black money account holders.