Modi tells BJP MPs, MLAs to submit bank transaction details

Modi tells BJP MPs, MLAs to submit bank transaction details

Modi tells BJP MPs, MLAs to submit bank transaction details

Modi further rejected the allegations stating that the amendments made in the Income Tax Bill were priorly aimed at converting black money into white money.

Prime Minister Narendra Modi has asked all lawmakers of his Bharatiya Janata Party to give party chief Amit Shah details of their bank transactions from the November 8 demonetisation up to December 31, when the government will close a window for depositing and exchanging the scrapped 1000- and 500-rupee notes.

Last week, AAP leaders, in a press conference, had alleged that acres of land were bought by Mr. Shah in Bihar a few days before the demonetisation announcement on November 8.

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Earlier, SP national vice president and Rajya Sabha MP Kiranmoy Nanda said his party was with TMC on the issue.

"The amendment is not for turning black money into white but to spend the money looted from the poor on their welfare", he said.

The PM's directive can be seen as a clear message to the party rank and file to lead by example in the government's big push to cleanse the financial system of the country.

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However, considering it as a move to support PM Narendra Modi's suggestion and a thrust towards a cashless society, BJP in Kerala has announced that it will be launching a "digital banking literacy mission" to create awareness among public. They also demanded the presence of the Prime Minister during the debate.

Mr. Modi was addressing party MPs at a meet of the BJP Parliamentary Party. "What is the goal of submitting them to Amit Shah?"

Asked about impasse in Parliament over demonetisation, Kumar said the government has been ready for discussion from the day one of the Winter session and Modi will also intervene in both the House if the opposition wanted.

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Supporting Modi's take on demonetization, Parliamentary Affairs Minister Ananth Kumar said, "The PM described the move as a fight against black money and said it is for the welfare of poor".

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