Fresh economic paradigms for corruption weary rural Indians

Fresh economic paradigms for corruption weary rural Indians
Times of India - http://bit.ly/qVuW8z
Indian Budget without fresh taxes ? Get black money stashed in Tax Havens abroad by Indian nationals :
BANGALORE: "If we can bring back black money stacked in tax havens abroad and put them in a bank in lieu of interest, we can have budgets without fresh taxes," Lokayukta Justice Santosh N Hegde has said.
"While most countries have got their money back from Swiss banks, India is still discussing the matter with legal experts, who are taking over two years to give their opinion," Hegde said.
The Lokayukta was speaking on the sidelines of a book launch on Monday. The book — You Turn India — by authors D K Hari and D K Hema Hari was brought out by the Art of Living. "By now there will be no money left in the Swiss banks. They might have moved the cash to other tax havens. But even now if we probe we'll be able to get the names. That in itself will be a great achievement," Hegde said.
Expressing concern that India is still in need of development and corruption is depriving people of that, he said: "We are called a developed country by many. But increase in the country's GDP is because the rich are getting richer. Development is happening in pockets."
Filmmaker Nagathihalli Chandrashekar said: "What we see among youth today is cynicism, but they should realize that there's hope in the world and they should work towards making our country a better place."
Co-author D K Hari said the book is an attempt to tell people how prosperous our country was and that ''we can return to how it was thousands of years ago''.
Fresh economic paradigms for corruption weary rural Indians