Next target benami transactions: Modi

December 17, 2016

New Delhi, Dec 17: Prime Minister Narendra Modi on Friday told BJP parliamentarians that the government's next crackdown would be on benami or proxy-owned property.

modi
Vowing to rid the country of corruption, he said banning Rs 1,000 and Rs 500 notes was only the beginning of a mega fight against black money in all its forms.

By stating so, the prime minister sought to send out a strong signal that he was not on the back foot following reports of cash crunch in parts of the country due to demonetisation and fears within the BJP of an adverse fallout in the elections in Uttar Pradesh and other states early next year.

“We do not think in parts. There is a full-scale design (to fully eradicate black money). It is only that we show our cards gradually,” he said.

“If the middle class is to be rid of exploitation and the poor are to be restored their rights, then courageous decisions will have to be taken to eradicate black money and corruption,” he said.

His government, Modi asserted, will take action against benami transactions and then the Congress will again shout that it is a “very hasty” decision.

He accused the Congress of being a “votary of corruption”. It had made a law against benami assets in 1988 but never notified it or framed rules, ensuring that the legislation never came into force. “For us, the country's interests are always above the party's. For Congress, the party's interests are above the country's,” the prime minister said.

Though it is not the first time Modi has spoken about action on benami property, he appeared to underscore the fact that his government had already strengthened the institutional framework for this purpose. His government had amended the original Benami Transactions Act 1988 to make the existing law more stringent.

Under the Benami Transactions (Prohibition) Amendment Act, 2016, which came into force on November 1, a transaction is namedbenami' if the property is held by one person, but has been provided or paid for by another person.

The Act prohibits recovery of the property held benami from benamidar by the real owner. Also, benami properties are liable for confiscation.

The Prime Minister's Office has been gathering reports about black money finding a safe haven in properties in Delhi, the NCR region and Tier II, Tier III towns, under unknown names to escape the law.

As the winter session of Parliament turned out be a virtual washout following the impasse over debate on demonetisation, Modi said the Opposition's criticism of the note ban showed their support for the “dishonest and corrupt”.

He also attacked former Prime Minister Manmohan Singh, who had called demonetisation an “organised plunder and legalised loot”. He quoted Singh's comments made in 1991 to say that he once used the “language of threat” against tax evaders but his voice has completely changed now.

Modi also blamed Indira Gandhi for causing huge losses to the country by not implementing demonetisation in 1971. “We needed to do it in 1971. We have caused huge losses by not doing this since 1971.”

Comments

SYED
 - 
Saturday, 17 Dec 2016

START FROM REDDY, GADKARI, JAITLEY ETC ETC.....LAVISH DAUGHTER'S MARRIAGE FUNCTION WAS HELD.

SO FAR NO ACTION FROM THESE BLACK MONEY HOLDERS....

NOTE NAHI PM BADLO......

Skazi
 - 
Saturday, 17 Dec 2016

Why 1971......why not in 1998 when bajpayee was PM..... No other work ...only making bow bow....

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News Network
November 30,2025

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Mangaluru, Nov 30: A 22-year-old college student succumbed to her injuries at a private hospital in Mangaluru today, days after she was hit by a goods tempo while crossing a road in Padubidri.

The deceased has been identified as Preksha, a resident of Nadsalu Billitota in Padubidri. The fatal incident occurred as Preksha, who was returning home after completing her examination, attempted to cross the service road towards Mangaluru. She was struck by a goods tempo approaching from the Udupi side, causing her to fall and sustain a severe head injury.

Prompt action from local residents ensured she received immediate first aid before being rushed to a hospital in Mangaluru for specialised treatment. Despite medical efforts, she passed away while undergoing care.

Preksha was a student at Karavali College, Vamanjoor on the outskirts of Mangaluru city. The tragedy is compounded by the fact that she belonged to a financially vulnerable family, having previously lost her father. She is survived by her mother and brother.

A case related to the accident has been registered at the Padubidri police station, and an investigation is underway to determine the exact circumstances that led to the collision. The incident highlights the growing concerns over road safety, particularly on busy service roads, and serves as a tragic reminder of the human cost of traffic accidents.

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News Network
December 7,2025

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Mangaluru, Dec 7: A rare bamboo shrimp has been rediscovered on mainland India more than 70 years after it was last reported, confirming for the first time the presence of Atyopsis spinipes in the country. The find was made by researchers from the Centre for Climate Change Studies at Sathyabama Institute of Science and Technology, Chennai, during surveys in Karnataka and Odisha.

The team — shrimp expert Dr S Prakash, PhD scholar K Kunjulakshmi, and Mangaluru-based researcher Maclean Antony Santos — combined field surveys, ecological assessments and DNA analysis to identify the elusive species. Their findings, published in Zootaxa, resolve decades of taxonomic confusion stemming from a 1951 report that misidentified the species as Atyopsis moluccensis without strong evidence.

The shrimp has now been confirmed at two locations: the Mulki–Pavanje estuary near Mangaluru and the Kuakhai River in Bhubaneswar. Historical specimens from the Andaman Islands, previously labelled as A. moluccensis, were also found to be misidentified and actually belong to A. spinipes.

The rediscovery began after an aquarium hobbyist in Odisha spotted a shrimp in 2022, prompting systematic surveys across Udupi, Karwar and Mangaluru. Four female specimens were collected in Mulki and one in Odisha, all genetically matching.

Researchers warn the species may exist in very small, vulnerable populations as freshwater habitats face increasing pressure from pollution, sand mining and infrastructure development. All verified specimens have been deposited with the Zoological Survey of India for future reference.

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News Network
December 4,2025

Mangaluru: Chaos erupted at Mangaluru International Airport (MIA) after IndiGo flight 6E 5150, bound for Mumbai, was repeatedly delayed and ultimately cancelled, leaving around 100 passengers stranded overnight. The incident highlights the ongoing country-wide operational disruptions affecting the airline, largely due to the implementation of new Flight Duty Time Limitations (FDTL) norms for crew.

The flight was initially scheduled for 9:25 PM on Tuesday but was first postponed to 11:40 PM, then midnight, before being cancelled around 3:00 AM. Passengers expressed frustration over last-minute communication and the lack of clarity, with elderly and ailing travellers particularly affected. “Though the airline arranged food, there was no proper communication, leaving us confused,” said one family member.

An IndiGo executive at MIA cited the FDTL rules, designed to prevent pilot fatigue by limiting crew working hours, as the cause of the cancellation. While alternative arrangements, including hotel stays, were offered, about 100 passengers chose to remain at the airport, creating tension. A replacement flight was arranged but also faced delays due to the same constraints, finally departing for Mumbai around 1:45 PM on Wednesday. Passengers either flew, requested refunds, or postponed their travel.

The Mangaluru delay is part of a broader crisis for IndiGo. The airline has been forced to make “calibrated schedule adjustments”—a euphemism for widespread cancellations and delays—after stricter FDTL norms came into effect on November 1.

While an IndiGo spokesperson acknowledged unavoidable flight disruptions due to technology issues, operational requirements, and the updated crew rostering rules, the DGCA has intervened, summoning senior airline officials to explain the chaos and outline corrective measures.

The ripple effect has been felt across the country, with major hubs like Bengaluru and Mumbai reporting numerous cancellations. The Mangaluru incident underscores the systemic operational strain currently confronting India’s largest carrier, leaving passengers nationwide grappling with uncertainty and delays.

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