Black Money - India

Please see below my post on 5th June 2011 captioned "Why Baba Ramdev quest for eradication of black money fail?

Here is an article by Mr Swaminathan Iyer in Economic Times today which says the money is in the system.

Read the article here
http://economictimes.indiatimes.com/articleshow/8908974.cms

Comments

Post a Comment

Popular posts from this blog

Anna Hazare’s Janlokpal Bill – Are we looking at Orwellian type of society?

India is in frenzy for the last 10 days with the anti-corruption rhetoric of Mr Anna Hazare. This is similar to the one witnessed sometime back over the issue of bringing back the black money from Swiss banks. The black money issue was first coined by Bharatiya Janata Party and later taken up by Mr Anna Hazare and Mr Ramdev Baba apart from sundry others. What we are witnessing now is not dissimilar to the earlier issue. Anti-corruption rhetoric is not new either in India or abroad. It was Mr Jawaharlal Nehru, the first prime minister of India who declared that a corrupt person should be hanged from the nearest lamp post around 100 years ago. We are yet to see a single hanging. It was taken up by the successive prime ministers but nothing has happened. In fact, all the governments starting from the first government post-independence have seen some scandal or other. The lamentable fact is nothing has happened in any of these cases be it the Jeeps scandal (of the first government) of th
Read more

Musings of an unknown citizen

Alliances and More Looks like the main opposition party is a real hurry to get into power. The party which terms itself as “A party with a difference” is proving itself to be really different this time. They are ready to enter into an alliance with whatever and whoever ready to join them like the yet to be born party like Jana Sena started by Mr Pawan Kalyan (brother of Mr Chiranjeevi a Tollywood matinee idol). Pawan Kalyan himself is one of the leading actors in Tollywood which is dominated by the Mega family (Mega Star was / is an petname for Chiranjeevi). Jana Sena Party has been only announced days back and does not even have a proper office of its own. However the country's main opposition party is ready to join in an alliance with them. Similarly they went and allied themselves with 4-5 minor parties in Tamil Nadu as both the ruling AIADMK and opposition DMK have at the moment not allied with anybody now. Infact people in Tamil Nadu thinks now that great lady of AIAD
Read more

Sumathi Satakam - Lessons for Modern Management

“Erakumi Kasugayala Durakumi bandhujanula doshamu summi Parakumi ranamuna Meerakumi guruvunagna medina Sumathi”   The English translation is something like this Do not collect unripe fruits Do not point out errors of relatives Do not run away from battle Do not go above the order given by your teacher   This is a simple poem taught to the young students in Andhra giving them four important principles in life.   The first line asks the students not to collect unripe fruits when collecting the fruits for immediate consumption. Many types of unripe fruits taste different from the ripe one. For example a ripe mango tastes totally different from a raw mango. By collecting the unripe fruits one will be wasting the resources as they may not be useful and may be thrown away.   The second line talks about not pointing out the errors of relatives as this will alienate them. By alienating the relatives we may not be able to expect any help from the
Read more