Wednesday, July 21, 2010

Attack Black Money/Black Worth/Black Assets



India needs Huge money
*  For huge social investment for deprived sections like children, women and  poor
*  For development and infrastructure
*  To overcome fiscal deficit
*  To become the Top developed country of the world

According to Ramdev Swami,  250 to 300 lac Crore INR worth of BLACK MONEY can be brought back from Swiss Banks. (He says this based on relevant reports) These Money is deposited in these swiss banks by corrupt people in India.

Why should wait for that , first start with Black money in India itself
start with relatively small amount. 


Our GDP is 60,000 Crore INR. Twice or thrice amount of black money is
expected to run in the system.

Plus there will be Black worth and blocked (not circulated) money of hundreds of Crores
of Rupees. Ex Indian Medical Council head had accumulated 1800 Crores of money through corruption.

So why not tap first Black money ...
by various methods
like

1>
Interrogating Chartered Accountants , tax lawyers, tax departments
2> Severe Raids with intelligently investigating and identifying target group
- those who have black money and black asset.
3> Canceling the Notes of 1000 INR  and 500 INR Rupees.

Warm Regards
Mr. Bankim Shah

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