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ELIMINATE BLACK MONEY WITHIN OR OUTSIDE INDIA “IN POLITICS OR ELECTIONS”

 
 
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ELIMINATE BLACK MONEY WITHIN OR OUTSIDE INDIA “IN POLITICS OR ELECTIONS”
by System Administrator - Thursday, 19 March 2015, 1:02 AM
 

By: M.S.Yatnatti Editor and Video Journalist Bengaluru :Eliminate black money from India. Make everybody transparent and accountable. Finance minister has tough job to perform. Eliminate black money from political system or in Balance sheet of political parties or in Economics of party politics. There should not be any spending cap on candidates and parties. Instead, whatever money they spend should be accounted and submitted to EC .Whatever law is applicable related to finance to a common man need applicable to every political party and this is wish of a common person. BJP has declared that it will bring back black money kept in abroad but it is silence on black money generated in India. What action finance minister takes on stopping Black money within or outside India is number one question. Open Accounting standards need to be evolved where even a single paisa need to be accounted from where it comes and from where it goes and need to be published openly Blunt and Sharp facts: Several crores for Loksabha 2014 have been spent .From where money comes and from where money goes all major parties have not said anything about this mega secrets of black money. As elections for various state assemblies and national parliament were conducted ,But no political party has published except AAP has submitted any account for a financially transparent political system. Political parties are not ready for full discloser of their accounts The funding and the obscure sources thereof, the opaque and often shady expenditure patterns of political parties, cooked and grossly understated campaign expenditure details provided by candidates, alleged misuse of IT concessions for illegal purposes and rapidly rising asset base of politicians are biggest cogs of money machine of political system