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Govt. lacks political will on black money issue: D. Raja

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ANI New Delhi

Criticizing Finance Minister Arun Jaitley's statement on black money in the Rajya Sabha, Communist Party of India (CPI) leader D. Raja on Wednesday said that the government lacks political will on the issue.

"We are not satisfied with the reply of the Finance Minister on the issue of black money. They had said that the people will be credited with certain amount within 100 days, but the government lacks political will regarding black money issue," he told the media outside the Parliament here.

Responding to the debate on black money issue in the Rajya Sabha earlier in the day, Jaitley 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.

Jaitley's statement caused uproar following which members of the Congress, Trinamool Congress (TMC), Communist Party of India (CPI) and the Samajwadi Party staged a walkout from the Rajya Sabha.

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First Published: Nov 26 2014 | 9:09 PM IST

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