August 9, 2022
Black Money Cases in India: Black money is a big disease, as soon as medicine is used, the pain increases

Black Money Cases in India: The pain increased as the medicine was taken. This phrase is telling the result of actions against black money and corruption in India. Whatever the claims made by any government, every government has proved to be laggy in the campaign against black money. That too when many governments of the country have gone on the question of black money. In 1989, Vishwanath Pratap Singh had razed the Rajiv Gandhi government, known as Mr. Clean, to the ground with the weapon of black money. In 2014, the Manmohan Singh government was also shaken by the Anna Hazare movement and Ramkrishna Yadav ie Baba Ramdev’s fast that the Congress seemed to be gone. BJP formed the government by taking Narendra Modi forward. Modi took many strong steps against corruption. But stopping corruption in other party’s state governments is a far cry. His party’s governments also could not keep themselves away from corruption.

Along with the Bofors scam, Vishwanath Pratap Singh raised public awareness about the issue of corruption, his government also could not keep itself away from it. Later it was revealed that the fight between Rajiv Gandhi and Vishwanath Pratap Singh was not about honesty versus dishonesty but about taking forward their favorite industrialists. More or less the same situation happened with the movement of 2014. CAG Vinod Rai’s report fell flat in the court. Arvind Kejriwal created India Against Corruption. Anna Hazare’s face was brought down under this banner. Today his own minister Satyendar Jain is in jail due to black money and black deeds, but Arvind Kejriwal did not dare to sack him. Mamta Banerjee does not tire of praising her honesty, wears cotton sari and slippers, but 52 crore cash and 06 kg gold comes out from the house of Arpita Mukherjee, a close aide of her minister Partha Chatterjee. Yes, Mamta did not come out as shameless as Arvind Kejriwal. He dismissed his minister. Akhilesh Yadav, Mayawati, Sukhbir Singh Badal and Jayalalithaa remained under investigation in the disproportionate assets case. Jagan Reddy has more than a dozen black money complaints and investigations, in many cases he is out on bail. Under the Cricket scam and Roshni Act, the black deeds of many leaders including Mehbooba and Farooq Abdullah have been exposed. Everyone remembers the name of Madhu Koda, the mining scam.

Lalu Yadav earned a lot of name for the fodder scam. Almost every senior member of the Chautala family ended up in jail. Teacher recruitment scam exposed the corruption of this family. Uddhav Thackeray’s special, Sanjay Raut has been arrested on Patra Chawl scam last Sunday.

It is not possible to estimate the economic empire of Karunanidhi’s family and Sharad Pawar. Rahul and Sonia are also under investigation in the National Herald case. Chandra Babu Naidu is implicated in the Amaravati land scam. The details of the movable and immovable properties of Jayalalithaa and Sasikala are enough to expose their black money. In this way, all the regional satraps in the country, except Naveen Patnaik, all are cousins ​​in black money and black deeds.

Investigation agencies – ED and CBI are against them, so it is being said that the government is misusing the agencies. The Supreme Court is being urged to stop the misuse of investigative agencies, not to be arrested etc. etc. But when the mountain’s currency and gold and silver are kept in the hands of the investigating agencies like straw, still they do not know. Countless buildings and plots of paper do not shy away. Those who blame the activism of investigative agencies on the BJP government should be surprised to know that in the last five years, black money worth Rs 5,520 crore has been recovered. With the increasing activity and raids year after year, the value of seizure of cash, gold, properties, jewelery etc. is also increasing manifold.

Several conclusions can be drawn from this. You can say that now corruption is getting more strict. But it can also be said that with time, black money is increasing unbridled. That is why now the recovery of more than Rs 100-200 crore has started to seem a trivial matter.

According to the International Monetary Fund, 50 per cent of Indians’ GDP is abroad in black money. According to CBI it is Rs 25 lakh crore. Whereas according to the World Bank, this amount is 20 percent of the GDP. The American think-tank has said in its report that India ranks third in the world in terms of black money stashed abroad. In 2012 itself, about 94.76 billion US dollars (about Rs 6 lakh crore) of his illegal money was deposited abroad.

According to a report by the Global Financial Integrity (GFI), between 2003 and 2012, India’s total black money of US $ 439.59 billion, or about Rs 28 lakh crore, was deposited in foreign banks. There has been an increase of 286 per cent in deposits by Indians in the last one year. This is the highest in the last thirteen years.

But it seems that actions against black money and corruption are like beheading “Hydra”. If you cut off one head of a multi-headed hydra, two new heads immediately grow. The income of politicians is increasing at the rate of two to three hundred percent annually. There is no ratio between the income of the public and the leader. Then it is being said that Modi government is troubling, investigating agencies are being misused. So only this can be said – “Balihari brother yours.”

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