It is difficult to mop up black money

The source of one’s earnings are usually authentic like employment or business. One portion of these go to the government. These are the norms all over the world and followed dutifully. However, in some countries, people do not like to part with their money. They falsify documents and conceal the money in hard to locate places – they choose banks where one can park his cash safely. These are unaccounted money and is known as black money. Switzerland is famous for its watches, the Alps and banks where it is not too difficult to open an account and store money and other valuables because those will be difficult to locate. It seems it is a global phenomenon and it is customary to refer to such holdings as ‘black money.’ Black is usually associated with evil – like black magic. Witches wear black clothes, and no one likes the black sheep in a family. However, the Men in Black was an exception – it was a Hollywood movie and dealt with Extra-terrestrials ETs. There was also a Bollywood movie of 2005 titled Black where Rani Mukherjee portrayed the role of a blind girl. To her the world was black. Amitabh Bachhan was also there.

To return to the subject of black money. It is a topic that can embarrass people in high places. Those in power in the government know about the existence of such unaccounted assets but are unable to lay hands on them. It would amount to stirring up the hornets’ nest. Therefore, they follow the policy of let sleeping dogs lie. In India, there was jubilation when BJP came to power. The new Prime Minister made an announcement on the subject but there has been no visible progress on the issue. Indian kitty in Swiss banks jumped 50% to over ₹30,000 crore in 2021

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Moody in the world of pickpockets and beggars (satire)

Moody had a mission in life – to cleanse society of all evils. He wanted a clean society – clean in all sense right from their toiletry habits to dirtying the pure waters of the Ganga to everything that is black.
The color black signifies all that is bad right from black magic to black money and black market.
The buzzing of the phone brought him back to reality.
It was Ronald Grump on the line.
‘Hi reformist,’ Grump said, ‘how was your New Year Eve?’
‘I beg your pardon,’ Moody cleared his throat, ‘New Year Eve is a western concept, to me it is just one evening like any other evening. Why should there be anything special for that?’

Ronald Grump gave a hearty laugh.
‘I know,’ he said. ‘I heard you have tied yourself into knots over your sudden decision to ban notes. Your people are not happy.’
‘They do not realize the amount of thought that had gone into arriving at that decision,’ Moody explained. ‘It was not only to stop corruption in all walks of life but also to plug the loopholes of those who create and store black money.’
‘I believe that you have put a whole lot of people out of business.’
‘Certainly not,’ Moody did not agree. ‘Shopkeepers are shifting over to cashless schemes and embracing e-wallets and debit cards.’
Ronald gave another hearty laugh.
‘My dear reformist – have you not put pickpockets out of business? And the beggars? If there is no loose cash, how will they survive?’
It was now Moody’s turn to laugh.
‘You must understand – the pickpockets and beggars are out of business, I agree. But that is a passing phase. Once they get trained in some trade, they will get regular employment.’
‘What trades?’
‘My cabinet is working out the details,’ Moody was not one to be hurried. ‘I am creating a new Ministry – the Ministry of Pickpockets & Beggars. It will carry out a census and keep a count of all PP & Bs and, each of them will get a one-time grant of Rs 1000 as a goodwill gesture.’
Ronald Grump laughed.
‘You mean the pickpockets and beggars will have a change of heart and mend their ways with that?’
‘Yes, I am certain they will.’
‘And – what is your timeframe?’ Ronald Grump was curious.
‘Once I make a start, everything will fall in place, as it has for notebandi,’ Moody replied. ‘Rome was not built in a day.’ (to be continued …)


Image courtesy wikimediacommons.org

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