New Delhi: In his second radio address to the nation on Sunday, Prime Minister Narendra Modi vowed to bring back "every penny of the poor man's money" stashed abroad as untaxed or black money and said it was "an article of faith" for him. (Khadi Sales Up by 125 Percent, Says PM in Radio Address)
"We don't know how much money has really gone abroad," Mr Modi said in the radio address "Mann ki Baat".
"Nobody, not this government, now you, not the previous government, knows exactly how much black money is stashed abroad. (But) I will bring back every rupee that has gone out. I will not compromise anywhere. Please trust this Pradhan Sevak. The issue is an article of faith for me," he said. (We Are on Right Track on Black Money: PM)
"From what I understand and based on the information I have, I am telling you that we are in the right direction," he added in the 18-minute address.
The NDA government has come under fire over the BJP's pre-poll promise of bringing back black money stashed abroad within 100 days of coming to power. The Congress has claimed that the Prime Minister promised to bring back Rs 55,000 crore stashed abroad and almost every Indian will have Rs 15 lakh in his bank account. (Listen to the Speech)
Also, the Supreme Court, which has created a special committee to map the recovery of black money, rebuked the government last week, saying it only wanted the names of the people allegedly involved and it would do the rest.
But the government says it is bound by tax treaties that ban the disclosure of names at preliminary stages of inquiry. Eight names were revealed in court last week.
On Thursday, in an exclusive interview to NDTV, Justice MB Shah, who heads the special committee tasked by the Supreme Court to handle the issue, said the investigation will be completed by March 31, the deadline set by the court.
The Prime Minister had started his radio chats on October 3 with a 15-minute speech titled 'Mann ki Baat'. Future sessions, he had said, will be held on Sundays at 11 am on the All India Radio.
"We don't know how much money has really gone abroad," Mr Modi said in the radio address "Mann ki Baat".
"Nobody, not this government, now you, not the previous government, knows exactly how much black money is stashed abroad. (But) I will bring back every rupee that has gone out. I will not compromise anywhere. Please trust this Pradhan Sevak. The issue is an article of faith for me," he said. (We Are on Right Track on Black Money: PM)
The NDA government has come under fire over the BJP's pre-poll promise of bringing back black money stashed abroad within 100 days of coming to power. The Congress has claimed that the Prime Minister promised to bring back Rs 55,000 crore stashed abroad and almost every Indian will have Rs 15 lakh in his bank account. (Listen to the Speech)
Advertisement
But the government says it is bound by tax treaties that ban the disclosure of names at preliminary stages of inquiry. Eight names were revealed in court last week.
Advertisement
The Prime Minister had started his radio chats on October 3 with a 15-minute speech titled 'Mann ki Baat'. Future sessions, he had said, will be held on Sundays at 11 am on the All India Radio.
COMMENTS
Advertisement
After Rahul Gandhi's Attack On Lateral Entry, BJP's "UPA's Time" Reminder Let's Work Unitedly To Confront Pressing Challenges: PM Modi To Global South Global South Facing Challenges Of Food, Energy Security: PM Modi "Trusted Mamata Banerjee But...": Father Of Murdered Doctor To NDTV What Murdered Doctor's Father Said About A Torn Page From Her Diary Flower Seller Forced To Buy iPhone For Son On Hunger Strike, Internet Reacts Student Arrested For Post Calling For Mamata Banerjee's Assassination Online Gambling Addict Kills Woman, Steals Gold And Then Burns House Viral Now: This Vlogger Has Different 'Ice Cubes' For Everything From Soups To Tea Track Latest News Live on NDTV.com and get news updates from India and around the world.