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Q.

An estimated 500 billion dollars to 1.4 trillion dollars of unaccounted money has been deposited secretly in overseas banks by wealthy Indians and corporate bodies.- the government is aware of the quantum of black money in foreign accounts - Why there is no clear views expressed ?

Tags: money, indians, entertainment
Asked by venkatesaldevarajan, 14 Dec '11 03:00 pm
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Answers (5)

 
1.

This speaks the weakness of Economic policies of our Government.
No control over arresting Black money....Wealthy Indians has ties with ruling politicians.
All the Political parties , politicians are part of black money dealers and well corrupt.
Particularly ruling party.They know everything ...but never reveal.

BJP leader L K Advani also wanted a white paper on the magnitude of the blackmoney
menace and steps taken by the government to tackle it.
Answered by anantharaman, 14 Dec '11 03:11 pm

 
  
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2.

Really it is so bad
Answered by truth exposed, 14 Dec '11 03:09 pm

 
  
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3.

I do n't think anyone has clear idea how much is in foreign banks.
Best way to make the black money nul & void is introduce plastic / vertual money, where the money exist in terms of only values in books whereas the cards are used for transaction. Have only limitted currency in the market for petty transactions. All transactions from bus & train tickets to propety sale should be thro' cards only.
Answered by MAdhavan Avadhany, 14 Dec '11 03:07 pm

 
  
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4.

A clear view on the black money will find many congress leaders behind bars.
Answered by Damodar Biswal, 14 Dec '11 03:04 pm

 
  
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5.

Because so far it is not clear whether this money can be brought back by the government and confiscated
Answered by iqbal seth, 14 Dec '11 03:02 pm

 
  
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