Black money

Introduction of black money:

The existence of large amount of unaccounted black money is one of the main sources of corruption. This money is obtained by various ways , namely, tax evasion, smuggling, speculation in immovable property and shares and stocks

Causes of corruption
Economic insecurity: This is regarded as most important cause of corruption. The poor people become corrupt in hope of becoming rich. the rich indulge in it for fear of losing what they have

High rate of income tax:

Since tax rates are comparatively high, because of that even the honest people are often tempted to escape from it by making false returns of their property and income many of officers in income tax department

Are also equally corrupt ant they thrive on bribery Meager salary being paid to government sevants: Employees in some of the government departments are paid comparatively very less salary this situation is said to be cause of corruption in administration The system of democracy: The present style of functioning of democracy in india also contributes to corruption. all parties

Specially ruling party spends crores of rupees on each election.this money comes from businessmen,industrialists and other rich persons. They supply money to the party in the form of black money and this in turn gives them licence,a moral justification for accumulating money in different forms

Situational analysis
reasons NO BILLS PROFESSIONAL HERAPHERI ONLY CASH , NO CHEUES POCKET MONEY PROPERTY FOR SALE , IN BLACK Internal factors LOW INCOME GROUP Extra income ( commission) Need Emergency Demand from builder External factors Everyone doing the same thing To improve contacts( m nt sure abut dis point) Large transactions ( wholesale) complicated and lengthy process Bank system

solutions
Public education and awareness campaign (radio. Newspaper, TV) Conduct annual broad based national / municipal integrity workshop were all stakeholders are invited to discuss problems and suggest changes inform citizen about their rights and empower citizens to monitor the government through periodic service delivery survey Investigative journalism and information by media

Key Principles: Key Principles Local Ownership Increase accountability through increased transparency Enforce access to information to all Balancing of powers across executive, legislative and judiciary Broad-based capacity building Public empowered to monitor the state Administration based on rules Rule of law Focus on corruption initiated both from the North and South Overall objective is improved service delivery and high quality growth CONCLUSION: CONCLUSION 1. Successful reform requires a country to integrate and harmonise all reforms in to a National Reform Program, including: sector reforms, financial reforms, economic reforms, constitutional reforms, civil-service reform, decentralisation, army demobilisation, privatisation, and legal reforms. 2. Reform is a long-term process where attitudes and conduct must be examined and reevaluated for effectiveness at all levels. 3. Successful reformers will have to manage both expectations and change while introducing realistic incentive structures and sanctions. 4. Initially, reform should only tackle areas: (a) that can show credible impact on issues important to key stakeholders; (b) where the return on investment is greatest; (c) that are discrete and where reformers can control implementation, (d) that are within the budget; and (e) that can have some short-term positive impact. 5. Reform is a process of instituting building blocks that must be put in place over a number of years. 6. The process of and commitment to reform must be visibly supported from the top.

Lets stop corruption

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