BJP produces memo, takes on Cong on 80:20 scheme

NEW DELHI: BJP on Wednesday took on Congress and previous finance minister P Chidambaram over the 80:20 gold import scheme, asking why certain buying and selling houses, including now-tainted Mehul Choksi’s Gitanjali Gems, have been allowed to import gold just a day earlier than the 2014 Lok Sabha effects have been announced.
Countering Congress chief Anand Sharma, who claimed the allegations against Chidambaram were not backed by means of info, law minister Ravi Shankar Prasad shared the purported office memorandum allowing buying and selling housing to import gold.

Prasad said BJP made fees after doing its homework. “... was once it a value, was once it a consideration, was once it force or was once it a duty. Why did Mr Chidambaram, a well-informed baby-kisser, take this resolution one day earlier than effects?” he said.


Prasad claimed the nature of force or price may well be assessed from the fact that in one day, the document travelled with “supersonic pace via 9 desks after his signature,” adopted by means of the memorandum.


Raising questions, the BJP minister said, Chidambaram knew the Constitution and “any person having the slightest consideration of democratic integrity, propriety and sanity of democratic polity would by no means do that”.


The minister showed an RBI notification dated May 21, 2014, claiming that the central bank management notified the order to allow buying and selling houses to import gold earlier than the brand new govt assumed office.


UPA offered the 80:20 rule in August 2013 allowing investors to import gold most effective once they exported 20% of gold from their earlier import. NDA scrapped the rule in 2014.
BJP produces memo, takes on Cong on 80:20 scheme BJP produces memo, takes on Cong on 80:20 scheme Reviewed by Kailash on March 08, 2018 Rating: 5
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