This is so shocking . . . . . wish black money deposits was an  Olympics event . . . . . India would have won a gold medal  hands down. The second best Russia has 4 times lesser deposit. US is not even there in the counting in top  five !! India has more money in Swiss banks than all the other countries  combined !!!!!!

Recently, due to international pressure, Swiss govt. agreed to disclose the names of the account holders only if the respective govts formally asked for it. Indian govt. is not asking for the details . . . . . no marks for  guessing why ????

We need to start a movement to pressurise the govt. to do so !!
This is perhaps the only way, and a golden opportunity, to expose the high and mighty and weed out corruption !!

Please read on . . . . . and forward to all the honest Indians to . . . . . like somebody is forwarding to you . . . . . and  build a ground-swell of support for action !!
Is  India poor, who says? Ask Swiss banks With personal account deposit bank of $1500 billion in foreign  reserve which have been misappropriated, an amount 13 times larger than the country’s foreign debt, one needs to rethink if India is a poor country?.

DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum of about $ 1500
billion, which have been misappropriated by them.
This amount is about 13 times larger than the country’s foreign debt. With this amount 45 crore poor people can get Rs 1,00,000 each. This huge amount has been appropriated from the people of India by exploiting and betraying them.

Once this huge amount of black money & property comes back to India , the entire foreign debt can be repaid in 24 hours. After paying the entire foreign debt, we will have surplus amount, almost 12 times larger than the foreign debt. If this surplus amount is invested in earning interest, the amount of interest will be more than the annual budget of the
Central government. So even if all the taxes are abolished, then also the Central government will be able to maintain the country very comfortably.

Some 80,000 people travel to Switzerland every year, of whom 25,000 travel very frequently. ‘Obviously, these people won’t be tourists. They must be travelling there for some other reason,’ believes an official involved in tracking illegal money. And, clearly,
he isn’t referring to the commerce ministry bureaucrats who’ve been flitting in and out of Geneva ever since the World Trade Organisation (WTO) negotiations went into a tailspin!

Just read the following details and note how these dishonest industrialists, scandalous politicians, corrupt officers, cricketers, film actors, illegal sex trade and protected wildlife operators, to name just a few, sucked this country’s wealth and prosperity. This may
be the picture of deposits in Swiss banks only. What about other international banks?

Black money in Swiss banks — Swiss Banking Association report, 2006 details bank deposits in the territory of Switzerland by nationals of following countries :

Top Five

1. India—– $1,456 billion
2. Russia —-$ 470  billion
3. UK ——-$390 billion
4. Ukraine – –$100 billion
5. China —–$ 96 billion

Now do the maths – India with $1456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined.

Public loot since 1947:
Can we bring back our money? It is one of the biggest loots witnessed by  mankind — the loot of the Aam Aadmi (common man) since 1947, by his brethren occupying public office.

It has been orchestrated by politicians, bureaucrats and some businessmen.
The list is almost all-encompassing.
No wonder, everyone in India loots with impunity and without any fear.
What is even more depressing in that this ill-gotten wealth of ours has been stashed away abroad into secret bank accounts located in some of the world’s best known tax havens. And to that extent the Indian economy has been stripped of its wealth.

Ordinary Indians may not be exactly aware of how such secret accounts operate and what are the rules and regulations that go on to govern such tax havens. However, one may well be aware of ‘Swiss bank accounts,’ the shorthand for murky dealings, secrecy and of course pilferage from developing countries into rich developed ones.

In fact, some finance experts and economists believe tax havens to be a conspiracy of the western world against the poor countries. By allowing the proliferation of tax havens in the twentieth century, the western world explicitly encourages the movement of scarce capital from the developing countries to the rich.

In March 2005, the Tax Justice Network (TJN) published a research finding demonstrating that $11.5 trillion of personal wealth was held offshore by rich individuals across the globe. The findings estimated that a large proportion of this wealth was managed from some 70 tax havens. Further,augmenting these studies of TJN, Raymond Baker — in his widely celebrated book titled ‘Capitalism’s Achilles Heel : Dirty Money and How to Renew the Free Market System’ — estimates that at least $5 trillion have been shifted out of poorer countries to the West since the mid-1970.

It is further estimated by experts that 1 % of the world’s population holds more than 57 % of total global wealth, routing it invariably through these tax havens. How much of this is from India is anybody’s guess. What is to be noted here is that most of the wealth of Indians parked in these tax havens is illegitimate money acquired through corrupt means.

Naturally, the secrecy associated with the bank accounts in such places is central to the issue, not their low tax rates as the term ‘tax havens’ suggests. Remember Bofors and how India could not trace the ultimate beneficiary of those transactions because of the secrecy associated with these bank accounts?

IS THERE ANY ONE WHO CAN GET THIS MONEY INVESTED IN SHARE MARKET ?

The Internet service providers (ISPs) have been permitted to provide unrestricted Internet telephony which means they can terminate Internet telephony calls on PSTN (public switched telecom network) and vice-versa.

The Telecom Regulatory Authority of India has even allowed the national long distance (NLD) operators to connect to ISPs through public Internet (Internet cloud) for unrestricted Internet telephony. But for that to take place, ISPs and NLDs will have to thrash out mutual agreements for unrestricted Internet telephony, said TRAI.

The move will further boost competition in the domestic long distance segment and result in lower STD tariffs. The move will permit calls from personal computers to fixed line and mobile phones. Currently, a voice call can travel between two computers but not from a mobile or a fixed phone. This is expected to open huge channels of revenues for ISPs.

NLD shall make suitable commercial and technical arrangements with access providers i.e PSTN/PLMN (public land mobile network lines) for unrestricted Internet telephony said the regulator in a statement.

However, there will be no change in the existing IUC regime. According to TRAI, TEC (Telecommunication Engineering Centre) will identify distinct number resources for Internet telephony subscribers. Telephone numbers from the identified blocks will be allocated to ISPs, UASPs (unified access service providers), BSOs (basic service operators) and CMSPs (cellular mobile service providers) for Internet telephony.

Even as the regulator emphasized that overall licensing framework has been protected while permitting unrestricted Internet telephony to ISPs, the decision is likely to cause rancour among the existing telcos while bringing a huge cheer to the handful surviving standalone ISPs.

TRAI stressed that it had given due importance to ensure the level playing field among various service providers, inter-connection mechanism, inter-connect usage charges (IUC), and other important issues such as numbering, lawful interception, emergency number dialing, inter-operability and quality of service etc.

“Our subscribers are denied advanced value-added services in contrast to global scenario where such Internet-based services are popular. ISPs are not permitted to provide unrestricted Internet Telephony though they have IP-based infrastructure. Such regulatory restrictions discourage technological advancements and result is grey market activities to provide these services to common masses,” TRAI has pointed out in its recommendations.

However, emergency number dialing has not been mandated to ISPs. Also, all ISPs interested in providing unrestricted Internet telephony will have to invest in installing lawful interception equipment.

Besides, TRAI has not, at this point, mandated quality of service (QoS) norms for unrestricted Internet telephony.

“YouTube India would allow users to create and share videos, discover the most popular and relevant videos in India, and connect with other Indian and global users. Over time, YouTube India will benefit from an entirely local experience highlighting and featuring the content and functionality most desired by the Indian users,” said Sakina Arsiwala, International Manager, YouTube.

YouTube India would not only offer Indian users more relevant content but also provide a platform to share the country’s diverse culture and lifestyle with the largest online video community in the world.

“YouTube allows anyone with a simple Web camera or even a cellphone to create content, connect, and converse with each other through the medium of video,” Arsiwala said adding “It provides a powerful way for people to express themselves.”

Local features:

With local features such as promoted videos, featured videos, and homepage promotions, localised user interface and help centre, user support and community features (such as video ratings, sharing and content flagging), YouTube India is expected to make it easier for the Indian YouTube community to search and view videos from the country.

In addition, the content uploaded by users in India would show up as “top favourites” and “recommended content” on the local YouTube site. The localised site also aims to facilitate connections among the large Indian NRI community.

ANALGIN
Used as: This is a pain-killer.
Reason for ban: Bone marrow depression.
Brand name: Novalgin

CISAPRIDE
Used for: Acidity, constipation.
Reason for ban : irregular heartbeat
Brand name : Ciza, Syspride

DROPERIDOL
Used as: Anti-depressant.
Reason for ban : Irregular heartbeat.
Brand name : Droperol

FURAZOLIDONE:
Used as: Antidiarrhoeal.
Reason for ban : Cancer.
Brand name : Furoxone, Lomofen

NIMESULIDE:
Used as: Painkiller, fever.
Reason for ban : Liver failure.
Brand name : Nise, Nimulid

NITROFURAZONE:
Used as: Antibacterial cream.
Reason for ban : Cancer.
Brand name : Furacin

PHENOLPHTHALEIN:
Used as: Laxative.
Reason for ban : Cancer.
Brand name : Agarol

PHENYLPROPANOLAMINE:
cold and cough.
Reason for ban : stroke.
Brand name : D’cold, Vicks Action-500

OXYPHENBUTAZONE:
Used as: Non-steroidal anti-inflammatory drug.
Reason for ban : Bone marrow depression.
Brand name : Sioril

PIPERAZINE:
Used as: Anti-worms.
Reason for ban : Nerve damage.
Brand name : Piperazine

QUINIODOCHLOR:
Anti-diarrhoeal.
Reason for ban : Damage to sight.
Brand name : Enteroquinol