Wednesday, February 19, 2014


India is Shining!
                                                                                                                                                 The Bajpai government gave this slogan that "India is Shining". However 'BJP ' lost the last general election very badly. It is not that India has not made any progress so far but it is also fact that its gain has not reach to the economy. The consequently poor people of India are suffering. The Wealth generated in the country is being accumulated in the hands of few corrupt elements i.e. With  Business Men, Government Officers, and Politicians.
                                                          The outsider who visits Urban Areas of India will observed that India is not a poor Country. They carry such impression looking at Posh Multinational Restaurants, Five Star Hotels, Big  Malls, Multiplex, and looking at the people who are traveling in the Luxurious Domestic Airlines, In  Air conditioned Railway Coaches, Air Conditioned Buses and Cars. These facilities  can be afforded only because its expenses are debited to company accounts or Spent out of Unaccounted Cash Money.  It is reported that India's exchequer is losing about 5000 Crore Dollars by way of concealment of Income Tax. That is the reason why lots of loose money is in circulation in the Indian Economy. You will appreciate to see that about  70% to 30% transactions are going on in Real Estate/Land Sectors.i.e. 70% Black Money and 30% in White. It  is also reported that  about 10% of the population in India is paying Tax while in America about more then 9O%  people are paying Taxes. Besides that the  Money generated through concealment of Taxes and by Corrupt means are also transfer to tax heavens.

                                                    It is reported that large amount such money is lying in the Swiss Banks. It is also reported that India is having the highest amount of money in Swiss Banks  Among all Countries of the World.

                                                     It requires will and guts to bring back those money to correct our Economy. Barrack Obama filed case against Swiss Bank for loss of income to USA. Besides that lots of  illegal money of Americans were lying  in the Swiss bank. UBS Bank has to  pay very huge amount of damages along with the list of American Account Holders. Even Germany also used such method in order to solve the such problem. We hope India will also try  to get such money which belong to the people of India.
                                                        These are the the reasons why apparently India is seen shining but  poor Indian people's standard of living is not rising. We hope for the best in time to come.
                                            ________________________________ 

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