Benami property deals could be next on government's hit list

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The massive midnight demonetisation drive that Prime Minister Narendra Modi announced last Thursday will soon be followed up with a heavy crackdown on benami transactions in a series of radical measures the government has lined up to rein in unaccounted money. 

 

The crackdown on benami property will be launched early next year while a massive scheme to empower rural poor facing distress was on the drawing board. The mega rural package – the contours of which are not yet clear – could be timed politically so that the electorate has a big reason to cheer before the 2019 general elections.