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New Delhi, June 29 () Congress and other opposition parties today targeted Prime Minister Narendra Modi and his government to demand the return of black money hidden abroad after the influx of Indian deposits in Swiss banks.
Taking a blow to Modi, Congressman Rahul Gandhi said that under the rule of the NDA, alleged crooks such as Nirav Modi and Vijay Mallya fled the country with public funds.
Earlier in the day, Finance Minister Piyush Goyal wondered how all Indian money in Swiss banks could be considered black money, while baderting that measures Energetic would be taken against anyone who is guilty of wrongdoing.
India would get the details of Switzerland's bank accounts under a bilateral treaty, he said.
Finance Minister Arun Jaitley warned that Indians with illegal deposits in Swiss banks would face heavy criminal charges under the Black Currency Act after Switzerland began sharing the details of the accounts from January.
"An article published today indicates an increase in" Indian "money in the Swiss banking system, which has led to an ill-informed reaction in some circles raising a question as to whether or not The government's anti-black money measures yielded results.Jaitley said in his blog.
Modi striker, Gandhi tweeted: "2014, he said: I'm going to bring back all the money" BLACK "in the Swiss banks and put 15 Lakhs in each Indian bank A / C 2016. He said: The demonetization will cure India of "BLACK money"
"2018, IT says: 50% jump in the deposits of the Swiss Bank by the Indians, it is money "WHITE" .No "BLACK" in the Swiss banks! (sic) ", he wrote on Twitter, in a report release
Indian money in Swiss banks rose more than 50 percent to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a trend The three-year decline Congress also targeted the prime minister on his government's claims to crack down on black money and claimed that the Swiss bank deposits of Indians during the UPA rule had dropped, while It grew more than 50% under the Modi government.
"The deposits of the Swiss Bank fell at the time of Dr. Manmohan Singh, to reach record levels under the Modi PM.The current increase of 50.2 pc after the demonetization is the maximum since 2004, "said Congressional spokesman, RPN Singh," What happened with the promise of Prime Minister Modi to eradicate corruption and bring back black money?
He also sought to know the promise of the BJP to bring back Rs 80 lakh crore into black money hidden abroad and to credit Rs 15 lakh in each bank account.
But, the The reality is that instead of the government Modi Rs 15 lakh deposited in every bank account, the money parked by the Indians in Swiss banks has increased by more than 50 percent to Rs 7,000 crore in 2017. [19659002] JD (U), an ally of the BJP, expressed "grave spokesman KC Tyagi said they were expecting that e demonetization, carried out by the Modi government in November 2016, hits hard black money, but the latest figures a matter of grave concern ". The head of the CPI (M), Sitaram Yechury, said that while Indian money in Swiss banks was increasing, the Center was canceling business loans worth Lakhs of crores and allowing some men to spend more money. business to run away after looting public money.
He accused the Prime Minister of having no intention of honoring the promises made in 2014.
"Indian money in Swiss banks increases by 50% to over Rs 7,000 crore in 2017: a fraction of black Indian money in Switzerland.Govt writes out lakhs crores of unpaid loan business cronyism, businessmen are fleeing India after plundering l & rsquo; Public money under his supervision, these data are not a surprise, "tweeted Yechury.
The head of CPI D Raja asked the Modi government for an explanation on the rise of Indian deposits in Swiss banks.
"Modi had promised to recover the black money hidden in Swiss banks, he did not keep his promise, there is now an increase in Indian money in Swiss banks and the Modi government should explain how that goes., "he said.
According to the official annual data published by the Swiss National Bank (SNB), the central banking authority of the Alpine nation, the total funds held by all foreign customers of Swiss banks increased by about 3 percent to CHF 1.46 trillion or about 100 lakh crore in 2017.
Indian money in Swiss banks had dropped 45% in 2016, marking its biggest annual fall, to CHF 676 million (around Rs 4,500 crore) – the lowest since the European nation began to make the data public in 1987. SKC CSK SC KR SC GVS GVS
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