Mayawati targets Modi Govt over rise in Indian deposits in Swiss banks

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Bahujan Samaj Party chief   Mayawati on Sunday slammed the Prime Minister Narendra Modi for the sharp rise in the unaccounted wealth stashed by the Indians in Swiss banks. Quoting the reports appearing in the media Mayawati said the data showed that the deposits of Indians had increased in Swiss banks. BSP supremo Mayawati asked whether Prime Minister Narendra Modi would accept his “failure in bringing back black money”.

“BJP and company’s favorite Indian businessmen and wealthy people’s account in Switzerland’s bank have seen a growth of over 50% in their deposited money, in 2017 itself. It is in return revealing PM Modi’s Governments’ faulty financial policies and stance on black money to the people”, Mayawati said in a statement issued here on Sunday.

The BSP leader also attacked the Central Government over the falling value of the Indian Rupee against the US Dollar. “Will Modi Government not like to take credit of rise in money in Swiss banksIJ The question which arises in the nation’s interest is that why money earned in India is in a foreign bank,” Mayawati said. “Is the BJP Government promoting the private sector, which always ignores Dalits and backward classesIJ Will the Modi Government accept its failure in bringing back black moneyIJ Is this example of BJP’s patriotismIJ” she also asked.  latest data from the Swiss National Bank (SNB) showed that money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India’s clampdown on suspected black money stashed by its citizens overseas.

The official annual data was released on June 28 by SNB, the central banking authority of Alpine nation Switzerland.  On the decreasing value of the Rupee against the US Dollar, Mayawati said, “The BJP government is only working for capitalists and is anti-poor.”   She alleged that the Centre has failed to check poverty, price rise, unemployment and illiteracy.

Terming joining of hands by opposition parties against the BJP as a “big work in public interest”, Mayawati said, “The BJP’s tension in obvious due to unity of opposition parties. It (BJP) should realise that due to its anti-people’s policy its allies are drifting away from it.”

Daily Pioneer
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