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If anyone wants to deposit more amount than ₹5000, the account holder should do so under the Pradhan Mantri Garib Kalyan Yojna.
Black money hoarders can use this option to deposit their money legally and lose only 50 percent of it. They can use the Pradhan
Different prize are there for consumers and merchants under the two schemes.
As the heat between India and Pakistan is high, India is planning to use fully use its rights to put pressure on Pakistan.
However, after passing the bill, the upper House adjourned for the day due to uproar created by the Opposition parties.