Solution for black money

This problem can not be solved till the rise of strong will power in the political circles of the society. The government should take the help of the Interpol to find out that which leader and bureaucrats has deposited his black money in which country and which bank. And that should be brought back to the country with the help of the governments of those countries. To stop the government officials and police officers from indulging into corruption, government should follow the American pattern. In America nobody’s job is secure and it keeps the fear of losing their jobs. As employees can be thrown out of system in the private sector by giving them three or six month’s prior notice, corrupt government officers should also be thrown out by giving them three or six month notice. This corrupt leaders and bureaucrats have started to take themselves as the rulers of the public instead of understanding themselves public servants. They earn and grab innumerable black money by forming this unholy relationship. If this practice is not put to an end then the economic progress of the country will get stopped.

Reality of Black money

In reality the term ‘black money’ is related with cash flow of the currency and only those people know how to use it properly who are the masters in this profession. Firstly black money is deposited in the foreigner countries or properties are bought in and out of the country with this money. Sometimes, people buy land or large farm houses in the names of their relatives which are usually bought in non-existent or bogus names. Whenever some officer or leader is caught red handed taking the bribe they usually decline about their ownership of some property etc. so properties are bought in non-existence names by the corrupt officers and leaders. There are many examples of it that corrupt leaders amassed a lot of property during their rule and they were blamed for corruption. They lost in the elections but after elections their children live the life of kings. CBI raids recovered documents of property that had been bought in non-existent names. Luxury cars were found but they say that their relatives are the owners of these items who are the god fearing people and daily goers to the Gurudwaras or temples. There are many examples when many high class government officials and police officers had collected crores of rupees though corrupt means for the satisfaction of their personal interests.

Black Money Corruption

Indian millionaires, political leaders and police officials have deposited in foreigner especially Swiss banks. They were saying that billions of black money will be brought back into the country and India will become world’s most prosperous country in a very short time span. But one question rises that corrupt industrialists and political leaders are the owners of black money not the ordinary Indians and thus who will bring the black money back into the country and who will allow doing so. During the election time it was a perfect slogan to fool the people but government should seriously and honesty think about this problem so by bringing the black money back into the country the progressive works should be given a new impetus..

Black Money

The black money scam, sometimes also known as the 'wash wash scam', is a scam where con artists attempt to fraudulently obtain money from a victim by persuading him or her that piles of banknote-sized paper in a trunk or a safe is really money which has been dyed black (e.g. to avoid detection by customs). The victim is persuaded to payfor chemicals to wash the "money" with a promise that he will share in the proceeds.

                         Most such frauds are not reported by the victims for several reasons. Firstly they may feel terribly ashamed that they could be so nave. Secondly, many of the scams will involve the victim knowingly agreeing to receive the proceeds of a crime - e.g. he may be informed that it is drug money,  money, or simply stolen. Sometimes the scammed will have persuaded the victim to incriminate himself, e.g. by falsifying a document, or lying on a tax declaration etc. The victim may thus be reluctant to come forward and admit that he was knowingly participating in what he thought was a criminal scheme