< %=imgalt%>
Panchang ~ Manmohan Singh ~ Sonia Gandhi ~ Stock Markets ~ Gossip
Home / India News / 2003 / May / Corruption in Ministry
RSS / Print / Comments
Related pages
Law Commission's Report On Protection Of Informers For Curbing Corruption

Corruption in High Courts

Vigilance and Monitoring Committee

Events and happenings on 25 May in History

Events in Andhra Pradesh on 25 May 2001

Events in Andhra Pradesh on 25 May 2002

Events in Andhra Pradesh on 25 May 2003

Top News

Chiranjeevi launches names his new political party - Praja Rajyam

Nuke deal will put India in league with elite nations: Sonia

Voters doubt Obamas ability to keep US safe from terrorism

Sadie Frost and 30 friends down £50k worth of Crystal champagne!

Indias Firstsource stake put on sale

Jayawardena, Yuvraj to hold media conferences in Dubai on Tuesday

Olive oil had a large number of usages in ancient Greece

Now, rubber tyres to get rid of waist tyres!
Readers Comments: Corruption in Ministry
May 25, 2003

It refers to red-handed arrest of PA of a Union Minister taking bribe from an IT officer for his transfer-posting. Since currency is the oxygen to corruption, Union Government should take immediate stringent measures to curb currency-circulation in a manner that people may find excess currency as ‘paper’ of no practical use. India ranks poor 71st position in honesty-ranking only because we have much higher currency circulation while most developed nations depend generally on banking transactions.

30-percent currency tax may be imposed on all sale-purchase exceeding say Rs 10000 made through cash even though payment might be done in parts. All business-expenses including salaries and commissions above rupees 1000 may be compulsorily made through cheques. Payments of necessities like telephone, electricity, water, municipal bills etc exceeding rupees 1000 may also be accepted by cheques only. To discourage ‘benami’ drafts being used as carriers of black money, names and account numbers/ addresses of purchasers may be printed on drafts reducing validity period to 45 days. Cash-withdrawals above say rupees 20000 from a bank-account in a single day may be by special withdrawal forms to be reported to Income Tax Department mentioning reasons for such withdrawal. Use of credit-cards should be encouraged by not imposing special tax on purchases made through credit cards.

Letter by: Madhu Agrawal, New Delhi
Clickz..

Asuku.com
Talk about Everything and Anything...

AndhraNews.com
The Andhra Pradesh Discussion Forum

ElectionsInfo.com
Coverage on Elections round the World