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Centre believes Rs 6 lakh-crore in black money was deposited

Bandaru Dattatreya on Wednesday said the Central government expects about Rs 6 lakh-crore black money to be unearthed.

KARIMNAGAR: Union minister Bandaru Dattatreya on Wednesday said the Central government expects about Rs 6 lakh-crore black money to be unearthed. “We will know by April-end how much money was deposited in banks after the demonetisation announcement,” he told reporters here. He also said that the Centre will give Rs 2 lakh-crore in loans without guarantee through Mudra banks to the poor this year.

( Source : Deccan Chronicle. )
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