Action to recover black money in Swiss banks initiated: PM

Manmohan Singh told the Rajya Sabha that 'action has already started' for getting back black money belonging to Indians from Swiss banks.

Prime Minister Manmohan Singh told the Rajya Sabha on Thursday that “action has already started” for getting back black money belonging to Indians from Swiss banks.

His remark came after Prakash Javadekar (BJP) sought to know from the Prime Minister what the UPA government was doing to bring back the money within 100 days.

As Javadekar’s supplementary was not related to the main question on G-8 meeting,Chairman Hamid Ansari asked him to stick to the subject.

But,the Prime Minister stood up and said,”yesterday when Finance Minister was replying to the Finance Bill in this House,he specifically dealt with this aspect and had said that action has already started on it.”

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