January 30, 2011 10:05 AM

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Five-pronged strategy to bring back black money

Finance Minister Pranab Mukherjee has said that the government has adopted a five-pronged strategy to bring back black money stashed abroad and expressd the hope that it will yield results. Talking to media persons in Kolkata, he said that when India enters into treaties with other countries, we will have relevant information to help unearth the black money. Mr Mukherjee said, the government is pursuing certain pending cases with respective countries. He maintained that there are no clear estimates about black money and the government has constituted a multi-disciplinary committee to get studies conducted to estimate the quantum of black money generated by Indian citizens.Meanwhile, Congress General Secretary Rahul Gandhi has called for bringing Indian money stashed in Swiss and other foreign banks back to the country. Addressing a press conference at Aurangabad in Maharashtra yesterday, he said, much efforts should be made to ensure that Indian money belonging to the poor people comes back. He denied that government is not making enough efforts to bring back the black money stashed in banks abroad. Rahul Gandhi said, common people now feel that corruption has become a common phenomenon among all the political parties.

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