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Bring black money back and make development



This article is not politically motivated. This is to create awareness for the black money issue. What we really didn’t want to give away for the last 6 months is the chances of bringing back black money to India. But now it seems that it is a distant dream as it is not that easy task what we had thought earlier. Before election we were told that black money that had no access for many years would come to India if we voted for the change. Change has come but the problem is same. The reveries of earning 15 lacs by the every account holder will not come true in the near future. The condition of our country is not going to be better now.   

In India black money means the fund that earned on the black market, on which income and other taxes have not been paid. It is difficult to say what amount of black money deposited in foreign banks by Indians is unknown. Some reports claim a total exceeding 1.4 trillion US Dollar are stashed in Switzerland. Other reports, including those reported by Swiss Bankers Association and the Government of Switzerland, claim that these reports are false and fabricated, and the total amount held in all Swiss banks by citizens of India is not much than 2 billion US Dollar. There may be controversy about the correct amount but it is true that if these amounts come to the country they definitely add momentum to the country’s growth. What is missing in India is the development in the villages. Only a country becomes strong enough when its villages become self dependent.     

Thus we hope that one day black money will come to India and will be used for the development of the country.    
drapeethnic

drapeethnic

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