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Benami properties are next on target after demonetisation

Despite the national chaos over demonetisation, the BJP national secretary said the government is following a systematic structure to fight the issue of black money and corruption. BJP national secretary Siddharth Nath Singh was present in the city on Friday for a panel discussion on growth.

Siddharth Nath Singh futher added that , “The next target is benami properties.” He ensured that the government is following a structured approach on the issue of black money. He also added that the Modi-led government will  shift their focus at improving electoral reforms. “That is where maximum black money is generated,” he stressed. The government is also looking at a debate in favour of contesting Lok Sabha and State Assemblies at the same time.

Commenting on demonetisation, Singh said, “There is always opposition to changes.” He also stated that the government is taking several steps. “We have seen that the government has evolved and has been flexible in the entire matter. But the basic purpose of demonetisation is to curtail black money from becoming regular money for those who are hoarding it,” he added.

When quizzed about the situation of co-operative banks, Singh said, “Co-operative banks do not have a mechanised and computerised system. RBI had a concern. I am sure they would be looking at on how we would reach out and how to take the money to rural India. This is taking place effectively under the supervision of RBI. The decision lies with the RBI and what they think about it.”

He also revealed that the government is also looking at targeting educational institutions especially medical institutes to bring in reform and policy framework. The government has plans to take forward the health sector by a creating a PPP model.


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