Sunday, 02 October 2016
Press Statement by BJP National President, Shri Amit Shah
The Modi government has secured an unprecedented victory in its fight against black money: Amit Shah
The Modi government’s Income Declaration Scheme 2016 has registered a record success in the history of independent India: Amit Shah
In barely two-and-a-half years of its tenure, the Modi government secured for the exchequer black money, undeclared income and undeclared deposits worth approx Rs 1.40 lakh crore: Amit Shah
The money recovered from hoarders of black money will be spent on the welfare of villages, the poor, farmers and youth: Amit Shah
The Modi government has been consistently successful in offering to the nation a corruption-free government and in its crackdown on black money: Amit Shah
The Prime Minister, Sri Narendra Modi ji, and the Finance Minister, Sri Arun Jaitley ji, congratulate the people of the country, especially crores of poor citizens, farmers and the youth, on the occasion: Amit Shah
The NDA government led by the Prime Minister, Sri Narendra Modi ji, has yet again seen a significant achievement. This government has been successful in extracting black money worth Rs 65,250 crore through its Income Declaration Scheme 2016. No other government in the history of independent India has been able to recover so much of black money from the country and overseas locations. It is a result of Sri Modi ji’s corruption-free governance, credible and transparent policies that hoarders and evaders had no choice but to cough out the money meant for welfare of the poor. The promise of corruption-free governance and fight against black money that Sri Modi had made before the 2014 election has been fulfilled in very little time.
The Modi government is committed to the welfare of the poor. The money recovered from the IDS 2016 will be spent on development of villages and welfare cum empowerment of the poor, farmers and youth. The work on Modi ji’s call for progress of India through the uplift of villages has begun.
The Prime Minister, Sri Narendra Modi ji, had launched a systemic crackdown on black money right after assuming office. One must note here that the SIT on black money that the Supreme Court had demanded was instituted by this government; this was among the first decisions of the Cabinet after the NDA government was formed. Our predecessor unfortunately sat on the apex court’s order without implementing it. In contrast, barely in two-and-a-half years of its tenure, the Modi government has secured for the exchequer black money, undeclared income and undeclared deposits worth approx Rs 1.40 lakh crore. Through its search and survey campaigns, the I-T department recovered Rs 56,378 crore as undeclared income and Rs 1,986 crore in seizures in this duration. Further, it has secured Rs 16,000 crore from those who do not file their income tax returns through the Non-Filers of Monitoring System mechanism. Additionally, it was assessed that foreign bank HSBC had accounts worth Rs 8,000 crore in the names of Indians; this money has been recovered. Likewise, the International Consortium of Investigative Journalists had reported Indians to have stashed Rs 5,000 crore in tax havens abroad, which has been recovered, too. The IDS 2016 has, at the same time, helped recover Rs 65,250 crore from domestic assessees. The Modi government was also successful in recovering Rs 4,100 crore worth of Indian money from foreign sources through its scheme for the year 2015. In a short duration of this government, a system of governance has been put in place as well as international agreements and treaties signed to curb black money.
It is because of the non-nonsense, corruption-free and transparent policies of the Modi government that nobody dares to steal the nation’s money anymore. The approximately Rs 2,00,000 crore secured from the neutral and transparent auction of coal blocks is a case in point. The government has also stopped leakage and siphoning off of subsidies meant for the poor. Modi ji’s mass connect is so strong that more than 1 crore people responded positively to the “Give Up” campaign for LPG cylinders. Through that and other means, the government gave cooking gas connections to five crore poor households, addressing with empathy the plight of women in these poor families.
The Prime Minister, Sri Narendra Modi ji, and the Finance Minister, Sri Arun Jaitley ji, congratulate the people of the country, especially crores of poor citizens, farmers and the youth, on the occasion.