PM warns of further action against black money

Published Date: 13-11-2016 | 7:54 am

KOBE: Prime Minister Narendra Modi has warned of further action against those with black money once the December 30 deadline expires for disclosing demonetised notes, saying they will have to “pay for” unaccounted cash.

At the same time, he said honest people have nothing to fear from the government. He also made a veiled attack on the Opposition, saying a section of the people was “egging” others to speak against him on the scheme.

See also  RBI may go for a 'measured' cut next week: DBS

“I want to tell the people again and again that the government will do everything to protect the honest. But the dishonest beware, I will make you pay for it,” he said addressing the Indian community here at a reception before winding up his three-day visit to Japan. In a speech laced with barbs and humour, Modi said opportunities were given to those with black money to come clean. “It is not as though opportunity was not given. Then also if you feel that it will be business as usual, I cannot be faulted. “After December 30 scheme (the last date for depositing demonetised notes) if you feel that there will be no action, there is no guarantee that something new will not be introduced to punish you (thikane lagane ke liye),” Modi said. “The world has changed. I gave you time. Now it is up to you, think about your son’s future,” he said, amidst cheers from the audience. –PTI

See also  Ex-RBI chief had come back from US to exchange scrapped notes

Related Posts

About The Author

Contact Us