Arun Jaitley declares Nov 8 as anti black money day

Arun Jaitley declares Nov 8 as anti black money day

Arun Jaitley's announcement of celebrating November 8 as "Anti-Black Money" Day came a day after the Opposition declared that it will observe the day as 'Black Day.'

In a bid to counter the opposition campaign, the BJP will celebrate November 8, the day high value currencies were demonetised past year, as "Anti-Black Money Day" across the country.

The Congress and other opposition parties have announced they will observe "black day" on November 8 across states to protest the note ban, which had sucked out 86% of the currency in circulation at that time.

Leader of Communist Party of India, D. Raja on Thursday asked the Government about the record of black money recovered after demonetisation.

The RBI said there was no information on how much black money has been extinguished as a result of demonetisation of Rs 500 and Rs 1000 notes.

This is being done "contrary to the strident statements against black money and corruption" they make in public, an editorial in the CPI-M journal "People's Democracy" said. The government has also worked internationally under the G20 framework and other fora, including an agreement with Switzerland, to get real time information on black money stashed overseas to evade tax.

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Senior Congress leader Anand Sharma on Wednesday also said that the central government's Rs 2.11 lakh crore bank recapitalisation plan, announced on Tuesday, coupled with the approval of highway projects worth Rs 7 lakh crore to spur the economy, is akin to giving a "bottle of glucose" to a patient on a "ventilator".

Attacking the Congress, Jaitley said, "They had adequate opportunity to remain in power, and I can not recall a single significant step that they ever took against black money". He also listed out steps taken by the Union government to counter black money.

"The account holders in Liechtenstein and HSBC have all been assessed and criminal action has been filed against them".

"Instead of apologising for the death of over 150 people and unprecedented strike on the livelihood of common Indians, the BJP is so drunk with power that it wants to celebrate the "Demon of Demonetisation", said the two Congress leaders. I can understand their discomfort. Eighteen lakh people who have deposited monies because the deposit brings an end to the anonymity have been found as having deposited money disproportionate to their incomes.

Replying to another question, he said: "The government and the party feel that people are cleverer than you (Congress) and they are supporting us". Jaitley added that those who had destroyed the country were delivering sermons now. It was a legacy that our government has inherited.

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