Declare war against black money in gold, diamonds.. Nitish tells Modi

Patna:  Exposing the chinks in the armour of  the opposition on the issue of note ban, JD(U) has decided not to participate in the Bharat Bandh on November 28. The Bandh has been announced by the opposition parties against note ban. Bihar Chief Minister Nitish Kumar and JD(U) President Nitish Kumar said that he is in complete support of note ban.

 “I support demonetisation as I’m convinced that it will help in the fight against black money,” Kumar said.

With political meaning being derived from his stand on demonetisation which is different from those of Congress, RJD and other non-BJP parties, Kumar said he has taken a principled stand as in his opinion scrapping of high value bank notes would help in diluting black money. “Is this the first time that I have taken a principled stand which might be politically different from others on an issue on which I’m convinced?” Kumar, who reminded the media that he had supported Pranab Mukherjee for presidentship despite being a member of NDA.

“Will those hoarding black money be able to deposit the entire volume in bank accounts? Reserve Bank could issue new notes against a quantity of black money which would not find way to banks during the current drive,” he said expressing views on demonetisation raging in national politics.

 Kumar, who has described the Centre’s demonetisation decision as “sahshik” (courageous), said in addition to scrapping of higher denomination currencies, attack on benami properties and prohibition could lead to creation of “kala dhan mukt Bharat” (black money free India).

He said when he spoke of benami properties it includes real estate as well as stocking of gold and diamonds with the help of ill-gotten wealth. “I will urge Prime Minister Narendra Modi that this is the right time to immediately hit at benami properties as well clamp liquor ban for better results against black money,” he said. Kumar, who has taken prohibition in a mission mode in Bihar, said it is well known that people involved in liquor trade have amassed huge benami properties.(PTI)