Thursday 9 February 2017

Black money fight against big people, not small traders: PM Modi

He adds, 'I will get money out of these big people'

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LATEST NEWS | Prime Minister Narendra Modi on Wednesday said the fight against black money was targeted at "big people" and "big babus" and small traders need not worry.

He said this while addressing 'Parivartan Sankalp Rally' in Ghaziabad on the penultimate day of campaigning for the first phase of Uttar Pradesh assembly elections, even as he hit out at the Samajwadi Party (SP) government for "nursing" crime and corruption.

The Prime Minister also emphasised on the importance of demonetisation exercise and the larger purpose for which it had been implemented.

"My black money battle is against big people, big babus ('bade babus'), small traders are not on my agenda, I want to tell people... And, I will get money out of these big people," Modi said.

The Centre has been insisting that demonetisation is aimed at curbing black money, but small traders, who largely deal in cash, have felt the pinch as its fallout.

The Prime Minister also made a reference to a Karnataka minister, from whose premises huge undisclosed assets were seized last month.

"I am after big people, big ministers amassing illegal wealth, not small businessmen. Recently, I-T found undisclosed money at the premises of a Karnataka minister," he said.

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