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Black money totalling Rs. 3,770 cr. declared

The Modi government’s declaration window under the new Black Money Act, which ended on Wednesday, saw all of 638 declarations worth Rs.3,770 crore, according to an official release.  This amount is Rs 2,800 crore less than what Prime Minister Narendra Modi had declared he would recover, during his Red Fort speech on Independence Day, Congress spokesperson Randeep Surjewala said. Mr. Modi had promised to recover Rs.6,500 crore immediately. “It is the question of what was promised…

Mr. Modi promised to bring back Rs. 80 lakh crore, within 100 days, he said. “The biggest promise was Rs. 15 lakh would be deposited in every citizen’s bank account…. Amit Shah now says this was only a jumla (platitude)… On Mann Ki Baat, the Prime Minister says he doesn’t know how much black money is out there. It means the person who misled the nation must apologise,” he told  The Hindu .

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