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
December 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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News Network
December 3,2025

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Mangaluru, Dec 3: A group of Congress workers gathered at the Mangaluru International Airport on Wednesday to welcome AICC general secretary K C Venugopal, but the reception quickly turned into a display of support for Deputy Chief Minister D K Shivakumar.

Venugopal arrived in the city to participate in the centenary commemoration of the historic dialogue between Mahatma Gandhi and Narayana Guru. The event, organised by the Sivagiri Mutt, Varkala, in association with the Mangalore University Sri Narayana Guru Study Chair, is being held on the university’s Konaje campus.

KPCC general secretary Mithun Rai and several party workers had assembled at the airport to receive Venugopal. However, the moment he stepped out, workers began raising slogans backing Shivakumar.

The university programme will be inaugurated by Chief Minister Siddaramaiah.

This show of support comes just a day after Siddaramaiah remarked that Shivakumar would lead the government “when the high command decides.” The chief minister made the comment after a breakfast meeting at Shivakumar’s residence—another public display of camaraderie between the two leaders amid ongoing attempts by the party high command to downplay their leadership rivalry.

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coastaldigest.com news network
December 2,2025

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Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

•    She was the only player from Udupi district to qualify for the state-level selection camp.

•    Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

•    The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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