indian black money in swiss banks
This is some data given by an organisation called Tax justice network.Thesefigures were given in trillions of dollarsconverted to lakh crores for your convenience:Total black money of all the countries in the world --516 lakh croreTotal black money of Indians in Swiss Banks- ---------100 lakh croreTotal black money of Indians in other tax haven countries(60countries)------------------------------------------- 158 lakh croreTotal black money of Indians outside india (100+158)--258 lakh croreTotal black money of Indians circulating within India--50 lakh croreTotal black money within India and abroad(258+50)-----308 lakh croreIf this is approximated to 300 lakh crore and distributed among 600 districtsin India (there are 600 districts in India)then each district will get 50,000 crore. Just imagine what all can be done withthis huge amount?Its a shame that out of 516 lakh crore total black money of all the countriesput together, half of it belangs to Indians.Wha says India is poor? It has been made poor by these corrupt politicians,babus and industrialists. The nobel prize forcorruption should go to India.Now lets see how this black money can be brought back to India. It is estimatedthat about 25000 people go to switzerland very frequently ie every 3 months orsix months. The list of these black sheeps can be prepared by seeing theirpassports on which visa stamps of the countries they visit would be present. Thelist of these people can be verified with swiss banks who are ready to divulgethe details of accounts of particular people named specifically.Now lets compare the GDPs of various countries to see what drastic change thisblack money can bring in our GDP.GDP of USA------------------619 lakh croreJapan -----------------------200 lakh croreGDP of germany--------------149 lakh croreGDP of Russia----------------128 lakh croreGDP of france ---------------116 lakh croreCanada -----------------------69 lakh crreAustralia---------------------37 lakh croreIndia--------------------------55 lakh croreIf 308 lakh crore black money is brought home and added to our GDP of 55 lakhcrore our new GDP would become (308+55)ie 363 lakh crore ie we will become No 2 after USA interms of GDP. Also if sucha huge amount of money is available with usour growth rate can easily touch 20% instead of the 6% at present. There wouldbe no taxes required to be paid by thecitizens of country for at least 15 years. This also means 20% of 300 lakh crorewill get incremented every year in our GDPie 60 lakh crore increment every year. With this rate we will overtake USA in 5years. Seems like shiekhchilli daydreaming?Well thats what politicians have done to our thought process. We cant even pityourselves.Now the question is from where have these thugs generated such huge amount ofmoney. The answer is they are literally selling the country.All the natural resources of the country are given on lease fo 99 years,..........50 years etc . The lease is for 1 rupee onpaper but thousands of crores exchage hands under the table. These include coalmines, iron ore mines, precious stone mines,other metal mines. Now they are even selling the rivers of the country ie allrights of a particular river would be given toa particular MNC. Huge timber reserves are sold off at throw away prices tocontractors. For example a coal mine with 50, 000 crore worth of coal is soldoff for 1000 crore on paper. Whereas lets say 5000 crore is paid to the Chiefminister under the table. Madhu Koda was only a case that was exposed. The samesituation exits with more or less all the Chief Ministers.So please join hands to put pressure on the govt to bring back all the blackmoney into Indian economy.To sum it up all here's a quote by Swami Ramdev :"Yadi sarkar imandar to kyon desh me bhrashtacharYadi nahi sarkar ke man me khot to kyon chhapti hai bade note" Translation:If the govt is honest then why is there so much of corruption in the countryIf the govt has no malafide intentions then why does it print higher denomination notesPlease do give your feedback about this info.
The information on black money is from a document held by swami ramdev based on studies by tax justice network. Just type tax justice network in google search and u will get lot of information in this regard. For more data you can contact Bharat swabhiman for a photo copy of this report by tax justice network. Visit www.bharatswabhiman.org for more info. This report is not prepared by swami ramdev or his friends. It is made totally by this independent international body called tax justice network and transparency international
