Black Money: not Important ?

      As per estimates, Indians are top of the list of money deposited by them in the tax heaven countries, below is the list of top five nations, whose citizens have deposited money in these countries which falls in the category of Black Money –

1. India ---- $1,456 billion
2. Russia ---$ 470 billion
3. UK -------$390 billion
4. Ukraine - $100 billion
5. China -----$ 96 billion

     The figures are so much shocking that Indians are far ahead in the list if we combined next four, still it comes to $1,056 billion. It need to bring back to India and spend in the schemes of public welfares, which often ignored or delay by government due to lack of funds, and if comes to India then India’s huge debt can be write off immediately, but the question rises here why government is not serious to bring back money of Indians, it’s simple answer is either lot of high profile faces have money deposited in these countries, to reveal these names government have no guts, or

• Government have no pressure from opposition parties, because if opposition parties wishes then they can bend the government to take immediate action as in lot of cases’, we have seen in the past, during parliament session if their voices’ not listen then they disrupts the proceedings of the both the houses’ until government not accept their demands.
• Even public, media are not vocal against Indian Black Money as if it not belongs to them or if it comes back to India then it will not effect any change around them.

     When for fifteenth loksabha, general elections were held, last year, and then during second phase of election, Bhartiya Janta Party got an issue to attract voters of the country as first time it was seen that elections were fought without any issue, Bhartiya Janta Party’s designated Prime Minister Mr. Lal Krishan Advani in press conference declared that if their alliance get mandate to rule then first thing their government will do, bring back the black money back to India.
     How Indians name jumps, without any efforts from government side, because Swiss banks have norms not to reveal the identity or name of account holders? As per information, German Government put pressure on Swiss banks to declare the name of their nationals, which have accounts, and information pass on by Swiss authority also carried the names and money deposited by Indians, and after request by Indian government they received the details from German government.
   At the time of taking charge of office, for second consecutive time, Prime Minister set an agenda to do work on priority basis for coming hundred days, and bringing back black money was one of the agenda in the list. On 16th May, 2010, U.P.A. government completed one year in office and the issue of bring back black money to India, no more efforts visible, and it appears now neither opposition parties nor government consider it important.
   How to proceed in this direction? If Indian Government needs any inspiration or direction, then they can tear off the leaf from the book of Americans, during slow down American Government request Swiss banks to give them details of American accounts, Swiss authority deny to pass on details, then Americans reacting on to their rejection started arresting Swiss banks officials who were residing in America, Swiss authority succumbs to the pressure of arrests and release the detail to Americans
   Now it is the responsibility of Indian Government to pursue the issue with Swiss authority, the way they understand, politely or hard manners, as black money belong to Indians and it should come as soon as possible to India.