Opposition ganging up as they can’t loot taxpayers’ money anymore, says PM Narendra Modi

By: |
Published: February 25, 2019 10:31:09 PM

"In past, there were nearly 8 crore fake beneficiaries who were getting govt monetary aid. Our government stopped it. "Leaders of opposition parties have gathered to abuse me as I have stopped means of pocketing taxpayer's money," Modi said.

Narendra Modi, Jan Dhan Yojana, Aadhaar linking, fake beneficiaries, tax payers moneyCiting schemes like Jan Dhan Yojana and Aadhaar linking, Modi said that these efforts made since his government came to power in 2014 has led to more than Rs 1,10,000 crore of exchequer’s funds being saved from going to such “fake beneficiaries”.

Hitting out at the Opposition, Prime Minister Narendra Modi on Monday said nearly 8 crore “fake beneficiaries” were getting the government aid during earlier regimes and opposition leaders have now gathered to “abuse” him as he has stopped their means of “looting” taxpayers’ money. Citing schemes like Jan Dhan Yojana and Aadhaar linking, Modi said that these efforts made since his government came to power in 2014 has led to more than Rs 1,10,000 crore of exchequer’s funds being saved from going to such “fake beneficiaries”.

Speaking here at an event organised by News18 media group, the prime minister said if one wants to indulge in scams now, they cannot do so as he has blocked all means of “looting” public money.

Also read| Where are jobs? Wait, real problem may be with wages; here’s why

“In past, there were nearly 8 crore fake beneficiaries who were getting govt monetary aid. Our government stopped it. “Leaders of opposition parties have gathered to abuse me as I have stopped means of pocketing taxpayer’s money,” Modi said. Referring to the opposition’s criticism on the jobs issue, Modi said nearly 1.2 crore jobs have been created annually going by figures from different sectors such as tourism, aviation and infra.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Next Stories
1Supreme Court contempt judgement sends strong message to foreign investors
2GST rate cut: Good move for home buyers, not so much for real estate developers; here’s why
3Modi’s $100 billion FDI blueprint faces a big hurdle as government loses early momentum