Rahul Gandhi targets Modi on black money
New Delhi, June 29 : Congress President Rahul Gandhi on Friday targeted Prime Minister Narendra Modi on the issue of black money and said he had promised to bring back all illegal money stashed abroad but his government was now virtually saying that there was no illegal money in Swiss banks.
In a tweet, Gandhi referred to Interim Finance Minister Piyush Goyal's remarks earlier in the day about the latest data released by the Swiss National Bank that showed a rise in Indian deposits last year.
Gandhi said that the Modi government had carried out demonetisation to supposedly curb black money but its stance now was totally different.
"In 2014, he said: I will bring back all the "BLACK" money in Swiss Banks and put Rs 15 lakh in each Indian bank account. In 2016, he said: Demonetisation will cure India of "BLACK" money. In 2018, he says: 50 per cent jump in Swiss Bank deposits by Indians, is "WHITE" money. No "BLACK" (money) in Swiss banks!" the Congress chief said.
Goyal had maintained that under an agreement signed by the Modi government with Switzerland, all data from January 1, 2018, will be made available to the Indian government.
He was responding to a query about the data showing a rise in Indian deposits last year in Switzerland.
"From what I understand (from media reports) 40 per cent increase in foreign remittances are on account of the Reserve Bank's Liberalised Remittance Scheme brought during the previous (UPA) government under which a resident Indian can remit $250,000 per year," the Minister said.
"Then, there are also non-resident deposits... rest assured, if any wrongdoing is revealed, we will take action. With the various measures of this government against black money, Swiss bank deposits have been decreasing," he added.
The data showed that after falling for three years in succession, money parked by Indians in Swiss banks rose 50 per cent to Swiss Francs 1.02 billion in 2017 over the previous year.
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Bearys Institute of Technology Celebrates Constitution Day
(Press Release)- Mangalore, November 28, 2024: The Department of Mechanical Engineering at Bearys Institute of Technology (BIT), in association with the BIT NSS, organized a Constitution Day event under the theme “My Constitution, My Pride.” The event, held at the International Seminar Hall, saw active participation from students, NSS volunteers, and faculty.
The keynote address was delivered by Prof. Pushparaj, a distinguished academic from SDM Law College, Mangalore, who highlighted the significance of constitutional principles in shaping a progressive and inclusive society.
The event commenced with a welcome address by Head of Mechanical Engineering Department Dr. Vasantha Kumar, followed by an inaugural address by Dr. S I Manjur Basha, Principal of BIT.
The ceremony featured notable activities, including the watering of a plant to symbolize growth and sustainability, the oath taking of constitution's Preamble led by Dr. Mohamed Kafeel Delvi.
The Chief Guest, Prof. Pushparaj, was introduced by Dr. Imran Mokashi,Associate Professor, Department of Mechanical Engineering.
The event was coordinated by Dr. Mohamed Kafeel Delvi, NSS Program Officer & Associate Professor, Department of Mechanical Engineering.
The event concluded with a vote of thanks delivered by Dr. Sandeep Nambiar S, Assistant Professor, Department of Mechanical Engineering.
Saifulla, a student of the 3rd Semester, Mechanical Department, served as the Master of Ceremonies, ensuring the program flowed seamlessly.
This celebration reinforced the importance of the Constitution and inspired attendees, to uphold its values in their daily lives.
