Black money runs the parallel economy in India. Black money originates from bribe. Corruption goes unabated in the system. Curb the corruption, no need to burden the commoner with present structure. Any corruption, small or big, should be dealt with severely and should be awarded highest punishment. This will eradicate the evil substantially if not fully.
Re: Budget expectation
by Indiantours nTravels on Feb 11, 2010 04:35 PM Permalink
black money can be and dealing can be removed by: 1) making mandatory all transactions electronic.... rather no higher denomination notes available 2) only small denomination currency to be made available e.g. till Rs.100/- or Rs.50/-
Re: Re: Budget expectation
by Indiantours nTravels on Feb 11, 2010 04:36 PM Permalink
this can be possible if politicians themselves decide not to give or take bribes... :)