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  

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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  
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