Black “Maya”, Union bank and amnesia of opposition

Just a few days back Bahujan Samaj Party deposited ` 107Cr cash in in Union Bank of India account. Surely as the amount was huge a lot of attention will be drawn to that. This is not a newly opened account by BSP. It’s an old account and if such amounts were credited to the account via cash in past regularly there was no need to pay any attention to that. As any other person or party who primarily deals in cash can surely deposit such cash in account and there is a considerable history to such transactions. Naturally, no one including the IT department will pay much attention to that. And I am sure there would be such innumerable accounts where cash in huge amounts will be deposited without much of attention; even after 8^th November. Then what is the reason Mayawati’s BSP is attracting such a big attention? The answer lies in the history of that account. If there is a history of frequent deposits and withdrawals from that account there was no reason to enquire about it. However no such transaction has happened neither in past on BSP’s account. And cash deposits happened almost on daily basis immediately after announcement of demonetization. Any query by ED/IT if answered comprehensively by Mayawati and everything is legal, there is no reason to panic. But then why is it that Mayawati is angry with government?

All political parties get donations from various organizations, common man, etc… and they are exempt from income tax. Hence all political parties are able to gather huge amounts. If BSP was getting such huge donations and there is a history to that and such amounts are regularly deposited in the bank account, there is no reason why Mayawati should panic. However Mayawati’s anger indicates that things have not happened that way. Due to demonetization a huge cash would have become useless if it was not deposited in bank accounts. Obviously to save this amount from getting useless it was deposited in the bank account. That’s the truth. Now this can be true with any other political party. However the flip side of this is that such donations have not come to BSP in a day or two just before or after demonetization. This could be very old accumulated amount and was not deposited in banks regularly. Now that’s what is called “black money”. Such money is never declared with IT, election commission and hence does not have any accounting. This money is then spent in elections for “Laxmi Darshan” and many other purposes whose accounts are not kept. Such amount spent in cash too does not get reflected in income of the person to whom it is paid. Many people do this and this “un-accounted”, “untaxed” money is called black money. Today when I go to bank and deposit any amount above ` 2.5Lakh I have to justify about the source of money, how would Mayawati get an exemption?

If Mayawati is so confident about the source of such huge amount, she should just publish it. Instead she panicked and immediately called for a press conference played a blame game against Modi and BJP. But she did not reveal the source. Now that’s cheating. People don’t expect a blame game, just plain truth. From where this money has come!!! Normally if donations come to a party in cash below Rupees Twenty Thousand, there is no need to show such amounts in accounting or no submission is needed by IT or elections commission. All parties benefit out of that and take undue advantage. BJP is not exception to it!! Now it is very easy for Mayawati to say that she printed coupons and people have bought coupons and paid in cash. And such accounting of coupons can be shown and proven to IT and case can be closed. However this won’t happen. All parties including BJP does same but in practice take huge amounts from some other source and show it as coupons. And Mayawati has exactly been trapped in this. In fact demonetization was actually done to unearth such black transactions. Modi has taken the risk of inconveniencing common man only and only to unearth such black transactions.

Now who was in forefront to question demonetization? Who was continuously asking to show a black money hoarder in the queue for all these days? The strongest voice was of Mayawati. Now her account cash deposits prove, who was the black money hoarder. Her own party without standing in any queue deposited such huge cash in account. And surprisingly she has not shown the urgency to change the money with new currency for her party day to day expenses. A poor person cannot just go and deposit 5 notes in account. By depositing it in account won’t light his gas stove in his kitchen. He does not have a choice but to stand in queue for “changing” his legitimate money. Who did not stand in queue is Mayawati and has now ` 107Cr in her account. The people who hoard currency are the ones who don’t stand in queue. Common man struggles to make his ends meet every month and hence has to stand in queue. Surprisingly inspite of all the inconvenience this very common man has not complained. The complainants are those who did not stand in queue and still have crores of Rupees in their accounts.

Had people like Mayawati did all their transactions in an accounted manner by either cheque or through banking system, demonetization was not needed. There was no need to compulsorily deposit the cash in bank and the common man who was inconvenienced the most would not have stood in queues for past 50 days. Hence I say, the culprit of demonetization is not the government but such people who hoard cash worth few hundred crores in this warehouses. And demonetization was done to pull out such rats and shrews from their holes. And Mayawati is one of such many shrews.

Not only the common man who probably may not have gone in a bank anytime in life came to bank, but the black money hoarders who too never went to bank have been compulsorily dragged to the banks all across India. Did Mayawati not prove Modi right? And look at the irony, same Mayawati is asking which black money hoarder went to bank!!!

Today every day opens with news of ED or IT raiding some or the other hoarder of old currency or new currency or both. Did such raids happen in past with such a great intensity and reach? When such “maya” is being deposited in bank accounts, which “maya” is legitimate and which is black will be clarified in due course. When one IT notice for one big account has already created a big buzz, what will happen with such a huge data is scrutinized and notices sent!!! Time will tell what kind of “MAYA BAZAR” was happening for so many years. Till the opposition can keep mum on “maya” of Maya.