How to Fight Corruption and Black Money by Dhruv Rathee | Demonetization in India Scheme Exposed
Since demonetisation, 15 days have passed & it is crystal clear that its implementation was a huge failure.
This fact is not said by me but is agreed by famous economists of the world
such as Chief economist of World Bank who stated that it shall have negligible effect on black money & corruption.
Economists estimated that it shall have 2-3% loss on Indian GDP and a loss of 400000 jobs.
So, now the question is If demonetisation cannot put an end to black money & corruption, then what can?
So, In this video I shall give answer for what can be done to put an end on black money & corruption.
How to fight Corruption & Black Money
In order to finish black money, it's important to understand what is the reason for having black money
Black Money is the currency on which tax is not paid.
In India, around 1-2% of people pay tax i.e. 99% people do not pay tax.
This is so because People dont have trust on Govt. & they feel
that their amount of tax is going waste and not utilised for any development.
That's why, it's important for govt to assure people that their
tax money is being utilised for good purposes & not eaten up by corrupt politicians
else people shall keep on finding new ways to evade tax.
This can be done if Govt shows its accountability
i.e. it publishes utilisation of each and every penny of tax money on its website
so that people can also know where their money is being used up.
It shall further act as motivation for people to pay tax.
We all know that political institutions are one of the most corrupted institutions of India.
BJP & Congress get their 70-80% contribution from unaccounted sources
i.e. nobody knows from where they are getting their money for donation.
So, the next most important point for political parties is that
their donations should be put online, transparent & accountable.
Third most important point for political party is that they should be covered under RTI Act
because we all know that many scams have been exposed due to RTI Act.
Fourth point is to bring strong Lokpal Bill
for which entire nation came on road to protest 5 years back but today, there is hardly any discussion on it.
Even Supreme Court has accosted Govt. on same lines that if Govt. doesn't take action,
SC suo motu shall take action.
Fifth number:To bring back unaccounted & black money which is deposited in foreign banks
such as in Swiss Banks.
If Govt desires then it can do so very easily with the help of corruption whistleblowers.
As told by HSBC whistleblower that
they have plenty of information & solution to take action &
even agreed to cooperate with Govt.'s investigative agency but
according to them, Govt. has had very disappointing response on this.
This transpired that Govt. has no intention to take action on this.
Talking about corruption whistleblowers, they are treated very badly in India.
Half of them are murdered &
remaining are treated as in case of whistleblowers from Vyapam Scam, India's deadliest scam.
and in name of security, only 1 security guard was provided.
Another eg. of this is Sanjiv Chaturvedi who exposed AIIMS corruption.
He was appointed as chief of Anti corruption in Delhi Govt.in 2015
but CG had problem with this & transferred him 2-3 times afterwards.
During his 5 year stint, he has been transferred 12 times.
In such manner, corruption whistleblowers are harassed.
So, Sixth point is to give deserved security & protection to corruption whistleblowers.
Number Seven is to make CBI independent.
In today's scenario, CBI is answerable to 3 Govt. ministeries
which implies that if Govt has any corrupt politician,
CBI shall never be able to investigate it since why would Govt.
initiate investigation on itself. Hence, It is necessary to do so.
It is also necessary since ruling party
misuses CBI many times to play political games.
#8: A Big reason for corruption of Govt. employees is that
they feel that they do not get their deserved salary and are underpaid.
So, increasing public sector salary to bring it at comparable value with private sector is necessary.
A long & tiring way to end corruption is
to finish bureacratic loopholes, bring digitalisation & smart governance.
This can be done by taking assistance from Delhi Govt whose tax collection has shown record growth
even after giving subsidies for free water & electricity.
So, these were some simple but effective steps which Govt, if desires
can take against corruption & black money.
Further, its implementation would be easier in comparison to demonetisation by many folds.
but it shall also help in fighting black money & corruption
Share this video on all platforms so that Govt. gets to know
how to end corruption & black money. Thank You!
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