Modi asks BJP MPs, MLAs to submit a/c statement post cash ban

Modi's direction at the BJP Parliamentary Party meeting came following allegations by opposition parties that the BJP had tipped off some of its own leaders ahead of the demonetisation announcement.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney master your money IThe Winning Leap SME Special
Moneycontrol

Home » News » Economy

Nov 29, 2016, 10.18 PM | Source: PTI

Modi asks BJP MPs, MLAs to submit a/c statement post cash ban

Modi's direction at the BJP Parliamentary Party meeting came following allegations by opposition parties that the BJP had tipped off some of its own leaders ahead of the demonetisation announcement.

Like this story, share it with millions of investors on M3

Modi asks BJP MPs, MLAs to submit a/c statement post cash ban

Modi's direction at the BJP Parliamentary Party meeting came following allegations by opposition parties that the BJP had tipped off some of its own leaders ahead of the demonetisation announcement.

Post Your Comments

Share Cancel

| 24 Comments
Modi asks BJP MPs, MLAs to submit a/c statement post cash ban
Prime Minister Narendra Modi today asked BJP MPs and MLAs to submit their bank account statements of transaction between November 8, the day he announced demonetisation, and December 31 to party chief Amit Shah on January 1, 2017.

Modi's direction at the BJP Parliamentary Party meeting came following allegations by opposition parties that the BJP had tipped off some of its own leaders ahead of the demonetisation announcement.

In an apparent response to the charge that the bill to amend IT Act will help turn black money into white, the Prime Minister said the amended Act will channel the money looted from the poor for their welfare.

The amended Act, he said, is a programme for the poor's welfare from Lok Kalyan Marg, the new name of the road where the Prime Minister's residence is located.

"The amendment is not for turning black money into white but to spend the money looted from the poor on their welfare," he said.

Quoting Modi, Parliamentary Affairs Minister Ananth Kumar told reporters that the bill is part of his government's fight against blackmoney.

A part of the tax collected on the money deposited under this scheme will be spent on electricity, roads, toilets and education among other welfare measures, he said.

Modo also sought everybody's support in his effort to usher in digital/mobile economy and push the society towards cashless transactions.

At the meeting, Amit Shah told party MPs to motivate traders in panchayats, municipalities and other local bodies falling in their constituency to shift to cashless transactions.

Asked about impasse in Parliament over demonetisation, Kumar said the government has been ready for discussion from the day one of the Winter session and Modi will also intervene in both the House if the opposition wanted.

The opposition wants discussion under Rule 56 which entails voting, a condition unacceptable to the government.

Buy, Hold, Sell ? Hear it first on M3
Modi asks BJP MPs, MLAs to submit a/c statement post cash ban

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login