Black Money

Fait accompli?

Print edition : November 28, 2014

Prime Minister Narendra Modi and Finance Minister Arun Jaitley during the launch of the Pradhan Mantri Jan Dhan Yojana in New Delhi on August 28. Photo: V. Sudershan

The headquarters of Liechtensteinische Landesbank, a file photograph. Photo: SEBASTIAN DERUNGS/AFP

Narendra Modi claims that bringing back black money stashed abroad is an “article of faith” for him, but it remains to be seen whether the NDA government will go beyond its rhetoric and take concrete actions for financial transparency.
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