The government will bring a white paper on black money in the current session of Parliament. Finance Minister Pranab Mukherjee disclosed this while replying to a debate on the Finance Bill in the Lok Sabha today. He said the white paper is in the final stages of drafting. The names of those having black money will be disclosed once the prosecution against them begins after scrutiny. Mr. Mukherjee said the government is awaiting the reports about the estimate of black money stashed abroad which are being prepared by three independent groups.

The reports are expected in July or August this year. Mr. Mukherjee reiterated that the national economy is on the right path of growth despite constraints from within and externally.

The Finance Minister expressed confidence that the Indian economy is resilient enough to overcome all the impediments. He attributed this to the record food production expected this year. The jute mills have been asked to step up their output to take care of the storage of food grains, he said.

The House has since passed the Finance Bill, 2012.