Tuesday, May 7, 2024
Blog/OpinionTop News

White Paper on Black Money

White Paper on Black Money presented by Union Finance Minister in Parliament is indeed a ‘bikni’ as rightly commented by an opposition veteran. Even this ‘bikni’ is not being allowed to cover the naked truth of black money by pressurising UPA allies which prevent all such reformative measures. Instead of doing just paper-work like issuing ‘White Paper’, Union government should have will-power and boldness to implement measures which may put practical curbs so that surplus currency may be nothing but ‘ordinary’ paper not to be used in black deals like realty and bullion deals.

Pranab Mukherji has left one important field of Marriages and other personal celebrations, which are mostly held by large-scale spent of black money. An estimated outlay of marriage-expenditure mentioning number of guests should be printed on marriage-cards. List of gifts and cash-envelopes received/distributed on the occasions should be submitted to appropriate public-authorities within some stipulated time-period after marriage-functions are over. To avoid wastage on unproductive items like marriage-cards, even cost of marriage-card beyond a certain limit should also be compulsorily printed on marriage cards.

When citizens demand accountability and transparency from government, they should also themselves be made transparent in marriage-related expenses to effectively check large-scale involvement of unaccounted money in marriages.

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