The major problem of India is Black Money. This is making the rich as richer and poor as poorer. If this continues in future, even after 50 years, the poor will not become rich and the Indian economy will not improve. We observe that even after completion of 70 years of independence, the country is facing poverty and hunger death. Crores of money is kept unused in the hands of few Indians, whereas crores of people are struggling for their livelihood. Educated youth are struggling for jobs for the survival and Black money holders are wasting the money like anything.
NOW WHAT IS THE SOLUTION? Everybody talks about the problem. No one gives the solution. Simply blames the Government. Is only Government responsible for it? No. We the people of India are responsible for it. Those who possess Money can not eat Money if they are hungry. They have to depend on farmers for food. For every other things they have to depend on their lower category. But only since they possess money, they become stronger. Once upon a time when there was Barter system, the persons who possessed commodities were stronger. But after discovery of Paper money, the Paper money Possessors have become stronger and the actual possessor of commodities and services like farmers, labours, workers and hard workers have become poor. Now the real culprit is Paper money that too black money which is being possessed by few people only.
So, to create equality, first of all the black money should be eradicated. How?
The validity of paper currency should be stopped at once. Card money should be introduced in big extent. Those who possess white money should be given an opportunity to deposit in the Government Banks with income proof on the amounts above reasonable limits. over and above the reasonable limits, the money should be taken into the possession of the Banks. Only small denominations in limited amounts should be released in order to make purchases in petty things where Cards can not be used Paper money should be converted into Card money at once.
this will increase the Balance in Banks which can be used for development works for the country and also possession of black money with few people can be controlled
its a suggestion only
