India’s Black market could rescue from global breakdown… Need a “change”
There is lots of black money in the system and if that money is brought into the white economy it will do wonders for the country. At present, the total amount of black money is estimated to be around Rs 50,000 crore and Rs 1,00,000 crore. Scam after scam has shown linkage between corrupt businessmen, politicians, bureaucracy and the criminals. The vicious cycle of corruption, supported by these four pillars, has to be broken. This is so shocking. The second best Russia has 4 times lesser deposit. US is not even there in the counting in top five. This amount is about 13 times larger than the country’s foreign debt. With this amount 45 crore poor people can get Rs 1,00,000 each. Once this huge amount of black money & property comes back to India, the entire foreign debt can be repaid in 24 hours. After repayment, we will have surplus amount, almost 12 times larger than the foreign debt. If this surplus amount is invested properly it will be more than the annual budget of the Central government. We can also survive this ongoing global recession without any trouble. There will be no job loss or pink slips for the Indian work forces. Black money in Swiss banks 1. India—– $1,456 billion 2. Russia —-$ 470 billion 3. UK ——-$390 billion 4. Ukraine – –$100 billion 5. China —–$ 96 billion India with $1456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined.
If you agree, then support this petition by voting here: