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Rediff.com  » News » Flashback: Here's what Modi promised India on black money

Flashback: Here's what Modi promised India on black money

Last updated on: October 29, 2014 15:58 IST

On Wednesday, the Modi sarkar placed a list of names of 627 Indian account holders in HSBC bank, Geneva in the black money case before the Supreme Court.

While on the campaign trail, bringing back black money stashed away in foreign banks was one of the biggest election promises made by Narendra Modi.

Rediff.com takes a look at some of the prime minister’s tall assurances.

 
  • People say that if the black money stashed in foreign bank accounts is brought back and distributed amongst the poor in India, then each poor man will pocket Rs 3 lakh each.
  • “I have decided if you bless me and give me the opportunity I will bring back all the black money.”
  • “When we bring back the black money, we will give it to regular salary holders. We must honour their patriotism. Till the time we don’t bring black money, such thefts will continue. So to stop new thefts and such cases, all black money should be brought home to teach one and all a lesson.”
  • “I will bring back every rupee that is stored away in foreign banks, any which way, and ensure that it is used for the rehabilitation of the poor in the country.”
  • “LK Advani carried out a yatra at such an old age to bring about awareness about black money stashed away in foreign banks. Baba Ramdev has also taken up the issue, even the BJP is fighting this battle but the Congress is afraid of this fight.”
  • “There is so much of wealth stored in foreign banks. But, the government at the Centre has done nothing to bring back the money. Hence, there are suspicions that the central government too has something to hide. People are going hungry but the government doesn’t care.”

Image: Prime Minister Narendra Modi. Photograph: Reuters

Read: All foreign bank accounts will be assessed by March 2015: AG

READ: 'Modi will recover black money from abroad'