25 june 2019
$490bn in black money stashed abroad by Indians: Report
Read more at:
https://lnkd.in/e7QtmUS
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By one estimate ( IRDAI ? ) , India needs some $4500 Billion funds for its infrastructure over next 10 years ( $ 450 billion per year )
https://lnkd.in/e9fhQPf
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My guess : Indians have stashed away 10 times as much within India, as abroad = $ 5,000 billion ( in form of benami properties /gold etc )
Imagine if all of these BLACK MONEY can be brought out and legitimately invested in Infra ! would generate millions of jobs
Answer :
Indonesia Shows the Way
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