After Demonetization, “Pradhanmantri Gareeb Kalyan Yojana” was started in 2016. The motive of this programme was to use the Black money collected through Demonetization for the benefit of economically weaker sections. And that’s how the unannounced income of people was to be utilized. People having such income could deposit their money to the government under this program. The time given to them was upto 31 March 2017 and the money could be deposit only once.
(Courtesy: India Today)