It is reported that depending on the response from the public over the old notes being deposited in banks, the Government would initiate further action. The BJP Government and the finance department are already getting a summary and pattern of the money being coming into banks and various sources. They would further analyse the same would suggest the PM for further action it is reported.
On the other hand the Prime Minister Narendra Modi said that those holding unaccounted money would not be spared and assured ‘honestpeople’ would not face any trouble.
He also made it clear the further action against those hoarding black money cannot be ruled out. “I would like to announce once again that after the end of this scheme, there is no guarantee that something new will not be introduced to punish you ,” said Mr. Modi.
The Prime Minister was addressing the Indian community in the Japanese city.
“I make it very clear that if anything unaccounted comes up, then I will check its records since Independence. [And], will deploy as many people as required for this. Honest people will not face any problem. No one will be spared. Those who know me, they are intelligent as well. They think it is better to offer it in Ganga than in banks (sic),” he said.
Mr. Modi termed the demonetisation of Rs. 500 and Rs. 1,000 notes ‘swachhata abhiyan’.“I salute my countrymen. People stood in line for four hours, six hours but accepted the decision in national interest the way people of Japan tackled the aftermath of the 2011 disaster,” he said.
“I thought long and hard about the possible difficulties and it was also important to keep it a secret. It had to be done suddenly but I never thought I will receive blessings for this,” he said.
