Black Money - Inputs on Issues

Dear Friends:

One of the top 10 priorities highlighted by you for the Modi Government was to address the issue of Black Money and bring the illegal funds stashed abroad in Swiss Banks.

Today, we would like to open the subject for a detailed discussion. I request each one of you to share your experience or raise issues about how Black Money is generated, transacted and stashed. How it disadvantages the common man? How it hurts the economy?

Once we have done that, we will review the Root Causes of Black Money through a separate post followed bu Solutions. For this discussion, lets just focus on the problem/issues.

Our objective as other subjects is to put together a Collective Citizen whitepaper (Issues, Root causes, Solutions Identified) and then submit to the Government for actions.

This is an important subject, so everyone please do participate.

Thanks,
Rajendra Pratap Gupta more  

View all 554 comments Below 554 comments
1. Currency is the base means of Corruption and increase of Black Money, Concealed Wealth and hence Cashless Transaction is the needed remedy. 2. Had this was done in 91-99, by 2010 i.e., in Ten years there could have been a Seal on Back Money. Moreover, the volume of Black Money and Concealed wealth could have been increased to its multiples by '13. 3. The other means of Black Money i.e., Land which is against Sealing Acts in life, ; Landed Properties resting on individuals in multiples i.e., 3 to even 36 Houses/Flats ; Gold and Jewelry ; Shares and Mutual Funds ; Currency in Lockers and Bank Accounts , COULD HAVE ALSO BEEN UNEARTHED WITHIN THAT ten years of time. 4. Even now, this is the goal of Demonetization of NDA Government and its preponing the date due to inevitable circumstances underwent in Tamilnadu in 2nd fortnight of October, 2016 became the issue of discussion since then. 5. Citizen of all States, High Courts and Supreme Court witnessed the issues visualized and displayed in 24 hours News Channels on the ills carried and backed support held willfully by those anti national and anti social elements. 6. It is needless to reiterate that the wealthy personalities and AOPs never cared after 95 on Productive Investments WHILE THE GOVERNMENTS TOO IGNORED GROSSLY which has resulted not only poor economical status of Indian Nation that naturally place the status of its Currency, Tangible Worth at such alarming levels. When Country's Funds Flow is more dependent on Business Turnovers like [ Sell, Sale and re Sale ] with added dependence on Imports, while the Productivity grossly set in reduction scale in ratio of population increase and demand of products , NATURALLY ITS FISCAL STATUS STANDS AND VARIES SO 7. If these 6 Fundamental reasons are analyzed , the real facts of GDP rating since many decades , INCREASING DEPENDENCY ON FOREIGN LENDING/GRANTS , Unuseful and unproductive concealed wealth stacked in above issues cited , PROVE THE REQUISITE FINANCIAL EMERGENCY AND INEVITABLE corrections through specific policies . more  
..................................... Prof (Col) H M would like to stay in touch on LinkedIn. Prof (Col) H M Kulshrestha (Retd.) Founder HMJ Foundation Hyderabad Area, India View profile https://www.linkedin.com/comm/in/prof-col-h-m-k-276b9615?trk=eml-guest-invite-pprofile-link-cta&trkEmail=eml-invite_guest-null-418-null-null-%7Esowe7s%7Ejhxtf4oe%7Eu4-null-neptune%2Fprofile%7Evanity%2Eview&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BvC%2BWtvKQS9GyY%2FWoRYdGWg%3D%3D Confirm that you know Prof (Col) H M https://www.linkedin.com/comm/start/accept-invitation?sharedKey=3Xi6ivhM&invitationId=6408762353659277339&trk=eml-guest-invite-cta&trkEmail=eml-invite_guest-null-416-null-null-%7Esowe7s%7Ejhxtf4oe%7Eu4-ssuw-start%7Esignup%7Ewarm&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BvC%2BWtvKQS9GyY%2FWoRYdGWg%3D%3D ..................................... Unsubscribe: https://www.linkedin.com/e/v2?e=-sowe7s-jhxtf4oe-u4&t=lun&midToken=AQFmrFVhGEd36Q&ek=invite_guest&li=426&m=unsub&ts=unsub&loid=AQFT7cdqf5SwFgAAAWPCEAimKXHeYL5tusvuupDRXR_2uWX8L5R1cKTRVU-9Q-NcjPH23KlRImP3C2wWdacfwXm3s-eWP_sgiN4ilCVbbB5hE_rcMAsDsKem0SkhvlER9kK98FH0Zjm8q5eYA6HP-WkUPQhnrETsBA&eid=-sowe7s-jhxtf4oe-u4 Help: https://www.linkedin.com/e/v2?e=-sowe7s-jhxtf4oe-u4&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BvC%2BWtvKQS9GyY%2FWoRYdGWg%3D%3D&a=customerServiceUrl&ek=invite_guest&li=425&m=footer&ts=help&articleId=67 You are receiving Invitation emails. LinkedIn will use your email address to make suggestions to our members in features like People You May Know. This email was sent to www.send_newpost++lkmqlkaeaeqs++iyfdbbmqvvmq@localcirclesmail.com. © 2018 LinkedIn Ireland Unlimited Company, Wilton Plaza, Wilton Place, Dublin 2. LinkedIn is a registered business name of LinkedIn Ireland Unlimited Company. LinkedIn and the LinkedIn logo are registered trademarks of LinkedIn. more  
..................................... Dinesh Sadashiv would like to stay in touch on LinkedIn. Dinesh Sadashiv Moily Consultant Administration & Sales at KNG Solutions & A Square Consultants -Mafoi CIEL.Zone 3 Mumbai Area, India View profile https://www.linkedin.com/comm/in/dinesh-sadashiv-moily-12030053?trk=eml-guest-invite-pprofile-link-cta&trkEmail=eml-invite_guest-null-418-null-null-szwhl1%7Ejhrxqt7a%7E17-null-neptune%2Fprofile%7Evanity%2Eview&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BK3wu50O7QfqIZYMDgMQ62Q%3D%3D Confirm that you know Dinesh Sadashiv https://www.linkedin.com/comm/start/accept-invitation?sharedKey=HvuzfG9I&invitationId=6407271136954023956&trk=eml-guest-invite-cta&trkEmail=eml-invite_guest-null-416-null-null-szwhl1%7Ejhrxqt7a%7E17-ssuw-start%7Esignup%7Ewarm&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BK3wu50O7QfqIZYMDgMQ62Q%3D%3D ..................................... Unsubscribe: https://www.linkedin.com/e/v2?e=szwhl1-jhrxqt7a-17&t=lun&midToken=AQFmrFVhGEd36Q&ek=invite_guest&li=426&m=unsub&ts=unsub&loid=AQHAmLdwME9JhgAAAWOs3wfjzfirUj4gRITJG0zZlU6M6Vx5FHQiqhT_aVLp5aVHw4L07Wsa4cChkkBX2uKnoDzGEmN2fuxKtRKe5fiZ_EkRLnnmds6peyBE-umeBKDRcmTzeZa6tuLch2maDEtRz5q-69w9FlTqow&eid=szwhl1-jhrxqt7a-17 Help: https://www.linkedin.com/e/v2?e=szwhl1-jhrxqt7a-17&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BK3wu50O7QfqIZYMDgMQ62Q%3D%3D&a=customerServiceUrl&ek=invite_guest&li=425&m=footer&ts=help&articleId=67 You are receiving Invitation emails. LinkedIn will use your email address to make suggestions to our members in features like People You May Know. This email was sent to www.send_newpost++lkmqlkaeaeqs++traebblkqsvv@localcirclesmail.com. © 2018 LinkedIn Ireland Unlimited Company, Wilton Plaza, Wilton Place, Dublin 2. LinkedIn is a registered business name of LinkedIn Ireland Unlimited Company. LinkedIn and the LinkedIn logo are registered trademarks of LinkedIn. more  
What is the progress of Sharda scam investigation by the CBI.. Nail the culprits and let the people understand that somebody is there for the justice... more  
This issue is going to kill the govt in the next eclections. Why cant our PM make a visit to switzerland and the other possible destinations where black money is expected to be hidden. In the agenda ,it can be made clear that the govt would make some favours to such countries if they help india to nab the culprits. more  
Post a Comment

Related Posts

    • Know the common scams prevalent in India

      Please read and share the post link with all your WhatsApp groups friends. Especially senior citizens and teenagers 1) Urgency for Medical or Police Cases Parents receive a ca...

      By Nikita Mehra
      /
    • Unsafe foods in India

      Last week it was reported in media that nestle has been adding sugar in baby formulae which likely led to many of these babies liking sugar and needing sugar as the grew into toddlers and then even...

      By Radhika Maheshwari
      /
    • India’s debt is somewhat worrying

      Due to India's increasing debt, you will pay higher taxes. Our debt:- 2014: 54 lakh crore 2023: 205 lakh crore People are doing politics around this data. But, he...

      By Ajay Dutta
      /
    • HRA cheating is common and tax man will come for you

      Are you paying rent in cash? My friend Rajiv did the same last financial year. (And was shocked) He paid Rs.20,000 as rent every month. Half in cash, half via online transfer....

      By Satvik Singh
      /
    • Excellent work LC

      Your efforts LC Manager on creating awareness about instant loan extortion and malpractices is working RBI finally says all personal loans will, from Oct 2024, need to carry a Key Financ...

      By Shailesh Deshmukh
      /
    • VIP culture locations

      VIP culture is still a major issue in india. The latest move of no free pass for VIPs at tolls is a good move and instead they claim reimbursement makes sense. But what is being done abo...

      By Shikha Chhabra
      /
    • Airline Baggage theft damage and delay

      A month or two back the Hindu newspaper had reported the LocalCircles survey on plight of travellers with airline baggage handling. On google of baggage survey LocalCircles I found the circle repor...

      By Reeta Kumar
      /
    • Our efforts on ultra processed foods yielding results

      Commerce ministry of India has issues advisory to all e-commerce websites to remove all drinks/beverages, including bournvita, from the category of health drinks on their platforms. Attached. ...

      By Sudesh Rai
      /
    • Health Insurance Rule Changes

      Health insurance premiums have been rising as established by LocalCircles survey itself.

      By Sudesh Rai
      /
    • Patanjali finally facing music

      I remember we repeatedly raised the issue of Patanjali misleading consumers before and after covid and the media never wrote about it due to advertising revenues but finally they are facing the mus...

      By Sudesh Rai
      /
    • School Fee loots

      Not only the school uniform loot, state Govts and education boards need to quickly attend to the issue of school fee increases. See the LocalCircles own survey

      By Nikita Mehra
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)