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Why Modi is after just 6 percent Black Money?

By:  Tupaki Desk   |   20 Dec 2016 3:00 PM GMT
Why Modi is after just 6 percent Black Money?
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Addressing a rally in poll-bound Uttar Pradesh, Rahul Gandhi said: '60 Percent of the country's wealth is with only 50 families. Members of these families travel with Modi on his plane when he visits US, China and other foreign countries. PM lacks the courage to take action against these families. NDA waived Rs 1.10 crore loan of these wealthy families. This include Rs 1,200 crore debt of Vijay Mallya. Modi's 50 industrialist friends didn't return over Rs 8 lakh crore of loans even after note ban. The sole purpose of demonetisation is extract from poor and help the rich'.

'99% of people in the country are honest. All cash isn't black money and all black money isn't in the form of cash. 94 percent of black money is stashed in foreign banks, invested in real estate and gold. Why does PM run after just 6% of black money?'.

The Congress Prince alleged Modi is rooting for cashless economy as transfer of every Rs 100 will benefit his Industrialists friends as they receive 5 percent commission. He accused BJP Bengal Unit of depositing huge amount of cash just few hours before the note ban.