News Nation Logo


Prime Minister Narendra Modi warns of surgical strike against black money, corruption

Using The Analogy Of Surgical Strikes, Prime Minister Narendra Modi On Saturday Wondered What Would Have Happened If The Government Had Adopted Similar Strategy In The Recent Campaign Against Black Money, Which Unearthed Rs 65,000 Crores.

PTI | Updated on: 23 Oct 2016, 06:43:39 AM
Prime Minister Narendra Modi warns of surgical strike against black money, corruption (File photo)


Using the analogy of surgical strikes, Prime Minister Narendra Modi on Saturday wondered what would have happened if the government had adopted similar strategy in the recent campaign against black money, which unearthed Rs 65,000 crores.

"We gave some time to those who had generated black money (to declare it). You will be happy to know that Rs 65,000 crore in black money came into mainstream with payment of tax and penalty.

"Now think, Rs 36,000 crore that was leaking has been stopped (by direct benefit transfer), and Rs 65,000 crore of black money is unearthed, together it is Rs one lakh crore.

ALSO READ: (PM Modi inaugurates Harni airport terminal, announces country's first railway university in Vadodara)

"And this Rs one lakh crore has been brought back without launching surgical strikes," Modi said, invoking the term used for recent operation by Army against terror launch pads in Pakistan-occupied-Kashmir.

"If we do surgical strikes (in this area), you can imagine what all will come out," the Prime Minister said. Modi said he has put up a sustained fight against corruption since he took charge.

"Against corruption, without much publicity I have put up a sustained fight. Government's assistance (now) goes directly in the bank accounts of beneficiaries, cutting out middlemen.

"Just by ensuring that right person gets the benefit and wrong person cannot take it, we have saved Rs 36,000 crore, which used to leak in the form of (subsidies for) gas cylinders, scholarship, pension," Modi said.

ALSO READ: (Govt in mission mode to expand for expansion in aviation sector: PM)

Modi, speaking at a camp to distribute 'assistive devices' to over 8,000 `Divyangs' (disabled persons) here, also criticised past governments for not doing enough for the disabled. 

For all the Latest India News, Download News Nation Android and iOS Mobile Apps.

First Published : 22 Oct 2016, 08:31:00 PM