Tag Black Money

Offshore or undisclosed wealth, recovery efforts, policy claims and related public debate.

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Narendra Modi’s 2013 ₹15–20 lakh remark was an illustrative per-person estimate of offshore black money, not a literal promise to credit ₹15 lakh to every account. But bringing black money back was a real campaign commitment, so Amit Shah’s 2015 “jumla” explanation corrects the cash-transfer reading without erasing the broader pledge; intent, voter effect and…

Open Post: The ₹15 lakh line was not a cash-transfer promise; black-money recovery was a real campaign commitment

At a 7 November 2013 Kanker rally, Narendra Modi said recovered offshore black money could mean ₹15–20 lakh for each poor Indian. The wording was an illustrative campaign calculation, not an explicit promise to deposit ₹15 lakh into every account; the BJP’s 2014 manifesto instead promised recovery efforts, while later official work found no reliable…

Open Post: Modi’s ₹15–20 lakh black-money line was campaign rhetoric, not a bank-deposit pledge