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The Common Man Syndrome
and Black Money Tamasha
|by Dr. Varanasi Ramabrahmam|
The common man syndrome of Indian politicians.
Black money Tamasha
In 1965-66, then finance minister Mr. T. T. Krishnamaachaari announced voluntary disclosure of income scheme- VDI and payment of tax on ad hoc basis for the disclosed income. Later many more finance ministers announced such schemes; but amounts disclosed are peanuts. But governments did nothng further. Now we still have the menace of black money staring at us after crippling our economy all these decades increased to giant proportions. Now new finance minister gives another 6 months time for holders of black money to disclose. He does not say anything about the blaack money menace within India nd its relationsip with Indian political parties. He always talks about black money stashed in foreign bank accounts. He also feels that present laws are not sufficient enough to curb the menace of black money. Is it law inadequate or the commitment and dedication of politician to nab and curb black money generation and hording? Who is trying to fool whom?
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