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Five (5) Main Sources of Black Money and Corruption

1. Currency of higher denomination and more currency in circulation.

2. Illegal mining of natural resources of India.
3. Money looted from development programs.
4. Bribe.
5. Tax theft.

Currency of higher denomination and more currency in circulation: – We have

Rs.10 lakh crore of money in circulation which is more than 15% of our GDP. In USA,
UK, Canada the money in circulation is only 2-3% of the GDP. Hence if the money in
circulation in our country is Rs.10 lakh crore then our GDP should be approximately
Rs.330 lakh crore instead of Rs. 60 lakh crore. So where is the rest of the GDP? The
answer is black money and the location is Swiss and other overseas Banks in Tax
heaven countries.

Illegal mining of natural resources of India:– Natural resources of our country are at
risk. India has 89 types of minerals and the known reserves of these 89 minerals are
worth Rs.10,000 lakh crore which is at a huge risk. The Government has granted
licenses to only 200 companies whereas in reality more than 1 lakh people are mining
the resources and illegally generating wealth and black money. If this is not stopped
our country could lose a massive amount of natural resources reserves.

Money looted from development programs:-- The government has made budgets
worth Rs.200 lakh crore in the past. This is a huge sum of money. But can we see
anything? Most of the visible development is based on debts taken from international
monetary institutes which is around 260 Billion USD. Where is this money allocated
through budget for development programme going? Why is the need to take external
debt?

Bribery:--At every level in the government bribe is taken and misuse of position is done,
thus looting the money.

Tax theft:--Rather than paying income Tax to government some of the corrupt people
deposit money directly into foreign banks and no action is taken against them. Why are
8 Italian banks and 4 Swiss Banks like UBS etc. being allowed to operating here?
When no common man has accounts in these banks why are these banks being
permitted to operate in our country when its a known fact that these banks come from
tax havens? The answer is obvious. They are allowed here to facilitate easy transfer of
black money to tax havens from our country. Earlier one has to go out of the country to
transfer this money but now it can be done inside the country.

If the government is ready to abide by its national responsibility and solve these five
issues then we will not interfere in politics. Bharat Swabhiman Andolan will focus itself
towards making India healthy and spiritual. If the government in the name of
democracy places national duty in grave condition {{or bury in the grave}} and allow
nation wide loot then we will work towards getting economic, social and spiritual justice
for the nation by interfering in politics to remove corruption and black money system,
thus making India peaceful and super power.
Continue…..
 Five (5) Solutions to Eradicate Black Money and Corruption

1. Make strong laws and recall currency.

2. To sign United Nation’s Convention against Corruption Treaty pending since 2006.
3. Close the Mauritius Route.
4. To close the foreign banks involved in depositing black money.
5. Announce foreign account disclosure policy.

Make strong laws and recall currency:-The Government should make strong law
which should first get the black money back in to the nation and then give death
penalty or severe imprisonment to the culprit. The huge amount of big notes in the
circulation is doing nothing but helping in easy transportation of black money in form
of cash. Hence the government should recall all high denomination notes
instantly.

To sign United Nations convention against corruption treaty pending since 2006:-
In 2006,140 countries passed an agreement in the United nations that if banks of any
countries have black money then it will be given back to owning country. 126
countries have passed this agreement in their Parliament and signed it. Indian
government should pass the same in Parliament, and sign it thus opening the door to
get black money back.

Close the Mauritius route: The central government should close the Mauritius route
as soon as possible and get hold of all those people who are involved in converting black
money into white money by using fake companies and projects. Property of those using
foreign credit cards should be confiscated as soon as possible. The Government
should disclose 1 Lakh crore Rupees source of Hasan Ali to public. His left over
Rs.50 lakh crore should be confiscated right away.

To close the foreign banks involved in depositing black money:--Banks keeping

black money, 8 Italian banks and 4 Swiss Banks such as UBS, and some other
foreign banks operating in the country should be closed right away, people
depositing money in them should be interrogated.

Announce foreign account disclosure policy:--Those who have deposited money in

foreign banks should disclose their bank account with funds information. The
Government should make a policy where if disclosure does not happen within 3 to 6
months then all the money in any foreign banks will be declared as national asset.

Now it is up to the people of this nation, if you want to stand with corrupt,
dishonest, traitors of this nation or you want to support a revolution that is
working towards eradication of corruption and black money from this nation.

We have started national revolution against corruption and black money. If you want to
support us in this revolution please come forward and join the movement. Sign the
anti-corruption document which our members have and also ask your near and dear
ones to do the same.

***COME JOIN BHARAT SWABHIMAN TO MAKE OURS A GREAT NATION ***

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