Saturday, April 26, 2014

Half-hearted moves on black money

Government of India belatedly wrote to Swiss government seeking details of accounts maintained by Indians in Swiss banks. P.Chidambaram gave maximum publicity to this development with a view to creating a false image that our government is keen on nailing black money. This was a tactical ploy to defend the government against the findings of the Supreme Court that the government was guilty of contempt of court since it did not follow the court instructions given as early as 2011.

In all fairness, Chidambaram should release the letter containing the Swiss government's response. Instead he is only releasing some innocuous contents from the response and keeping the country in the dark about a crucial issue. GOI is following a consistent policy of protecting the owners of black money.

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