Are half steps enough to curb black money ?
While the government has given deadline for declaration of black money, there is no indication yet that fear has been built in the mind of the black money holders. Many black money holders do not view government’s threat seriously, as they think that many politicians and top bureaucrats themselves possess black money and government threatening the black money holders is like those sitting in the glass house throwing stones at others.
While I wish the Prime Minister should succeed in his efforts to curb black money, my disappointment is that some obvious steps are not being taken.
Amongst the many black money generation spots, the most conspicuous are the educational institutions and private hospitals/ medical practitioners.
Crores of rupees are collected in cash by the educational institutions from helpless parents , as educational institutions insist on cash payment towards fees etc. and do not give proper receipts. which become black money. Raid on the premises of the owners of educational institutions will bring out hundreds of crores of rupees in cash in one stroke. Everybody know who they are and the fleeced parents and students can be encouraged by the government to send complaint .
Many doctors / private hospitals insist on cash payments towards consultation fees and treatment and they rarely give proper receipt. Has any doctor been caught or private hospitals raided by Modi government recently ? A systematic scrutiny and surprise check on doctors and private hospitals will result in seizure of several crores of rupees all over India.
Pleading with the black money holders to surrender black money should be considered as less than half step to eradicate black money.
What is required is to curb the generation of black money by catching the so called elite personalities like owners of educational institutions and private hospitals and medical practitioners.
Such step will be immediately seen by the common men as positive step , which will save them from the exploitation by owners of educational institutions and private hospitals / medical practitioners. Faith in the Modi government will increase multifold.
N.S.Venkataraman
Nandini Voice for The Deprived more