Saturday, April 9, 2011

India: Hungering for change

Join the second freedom movement of our country

http://www.facebook.com/IndiACor

http://indiaagainstcorruption.org/

Tax evasion and corruption have cost India hundreds of billions of dollars, Some of the corruption facts about our country
  • Transparency International ranked India 87th out of 178 countries on its 2010 International Corruption Perceptions Index.
  • India tops the list for black money in the entire world with almost US$1456 billion in Swiss banks (USD 1.4 trillion approximately)
  • According to the data provided by the Swiss Banking Association Report  India has more black money than the rest of the world combined.
  • Indian Swiss bank account assets are worth 13 times the country's national debt
  • India's underground economy has been estimated to account for 50% of the country's GDP - $640bn at the end of 2008.

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