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Govt won't deviate from path of unearthing black money: Modi

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Press Trust of India New Delhi
Prime Minister Narendra Modi today said his government would not deviate from the path of unearthing black money stashed abroad and "no one would be spared" in this regard.

"We are not going to deviate from this path. And no one will be spared. We are not going to digress from this path... Nobody should say we are vindictive. We have made a promise and I assure the House, action will be taken. It is not necessary the person should be politician. But whoever it is has done harm to the country," he said.

Replying to a debate on the Motion of Thanks on the President's address in the Lok Sabha, Modi said "there is need for government to have the will. We have the will. There is need for government to make efforts. We are making efforts. And till we obtain a final victory, we will keep making those efforts, I assure the House."
 

Responding to questions by members as to what has been done by his government on dealing with black money, Modi said the least that has been done is that people, even MPs, are now openly discussing the issue, which they were scared of earlier.

He attacked the previous UPA government, saying it had not set up Special Investigating Team (SIT) on black money for three years despite the Supreme Court telling it to do so.

"However, after we came to power, in our first cabinet meeting, we took the decision of setting up the SIT," Modi said.

He also lauded Finance Minister Arun Jaitley for analysing international laws and convincing Swiss authorities in signing treaties for exchange of information in the matter.

Modi said "there is a way for us to get the information of their banks and I congratulate the Finance Minister in doing so," he said.

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First Published: Feb 27 2015 | 9:57 PM IST

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