Talk:Indian black money/Archives/2012

What is black money?
The lead of this article needs, in the very first sentence, to explicitly state what "black money" is. Maybe the term is common in India, but it has no meaning to me as a speaker of US English. Clarify, please. Qwyrxian (talk) 05:56, 12 April 2011 (UTC)


 * Black money means untaxed money earned in parallel economy.Shyamsunder (talk) 10:08, 12 April 2011 (UTC)


 * Good, but that should be in the article. --DThomsen8 (talk) 01:24, 13 April 2011 (UTC)


 * Unless someone can provide evidence that the term "Indian black money" is a common, regularly used term, then this article should be either renamed or deleted. Wikipedia cannot be used to publish original research.  Qwyrxian (talk) 01:14, 17 April 2011 (UTC)


 * The name seems fair to me. "Black money" from my experience (can I say that on a talk page?) is indeed a common expression in India. So "Indian black money" makes editorial sense to me. On thing that the article appears to omit is how widespread these practices are. It suggests that this is the preserve of large corrupt organisations or individuals. While, from what I understand it is common practice among many businesses? There is also no mention of white money (money that has been declared and gone through the system.) 80.176.88.36 (talk) 20:37, 6 January 2012 (UTC)

Crores
What are Crores? Isn't India's currency in Indian Rupees? --DThomsen8 (talk) 01:23, 13 April 2011 (UTC)
 * Please refer to Crore. Shyamsunder (talk) 02:27, 13 April 2011 (UTC)
 * My point is that there is no link to Crore in the article, and to those unfamiliar with Indian finances, an amount in Rupees would be expected. Yes, I know the amount in Rupees would have a lot of zeros. This article is informative, but in sad need of copy-editing, more links, and other effort. I added templates to this article, but the effort to polish it is way beyond what I can do, especially since Indian English is expected.--DThomsen8 (talk) 12:35, 13 April 2011 (UTC)

New reference
Here's a reference to Black Money in the Times of India (online) http://articles.timesofindia.indiatimes.com/2011-12-15/india/30519771_1_names-of-account-holders-black-money-money-in-foreign-banks 80.176.88.36 (talk) 20:55, 6 January 2012 (UTC)


 * Thanks! I've added a paragraph about that in the "Black money in Swiss banks" section. Let me know what you think. Qwyrxian (talk) 09:10, 7 January 2012 (UTC)

CBI director on Black Money
In Feb 2012, CBI director A P Singh speaking at the inauguration of first Interpol global programme on anti-corruption and asset recovery made a lot of candid statements about state of affairs on causes, investigation, govt. approach toward black money. Criticizing govt. lack of intent he said: "यथा राजा तथा प्रजा. In other words, if the King is immoral so would be his subjects" This was widely quoted and discussed in Indian print media as well as electronic media. There was considerable attention to this statement even on the twitter. The reasons for such a wide discussion could be: 1. These statements come from a person who is the top most officer of the top most anti corruption agency in India. 2. This was first such acceptance from a govt. agency about black money. 3. Black money has become one of the most talked about issues in India after 2011 Indian anti-corruption movement. The issue becomes much more important in light of links between black money and serious issues like terrorism, drug, illegal arms business, etc. 4. It succinctly puts forth limitations of investigating agency in light of govt. lack of will power in tackling black money. So, to highlight these points, wikipedia should contain changes in revision 476803409. AgniKalpa 03:02, 20 February 2012 (UTC) — Preceding unsigned comment added by AgniKalpa (talk • contribs)
 * Can you provide evidence that the comments were widely discussed in reliable sources? Remember, we're here to provide facts about Indian black money, not provide readers with a feeling for the problems.  If the comments were widely covered, that could be sufficient, though we'll have to decide by consensus. The key policy in play here is WP:UNDUE, which says that we can't give anything in an article more prominence than it deserves.  Furthermore, your specific numbered points don't provide support for inclusion, because these are your opinions/analysis of the situation (except for #2, which I'd like to see verification of).  I won't revert right now, but I'd like to see what type of citations you have, and also hear the opinions of other editors. Qwyrxian (talk) 03:43, 20 February 2012 (UTC)
 * Thanks for your comments. #1 is not my analysis/opinion. It is a fact that this statement was made by the director of CBI who is the head of CBI. In support of #3: I am active reader of current affairs, politics in India and many (if not all) have started publishing news about black money. I find many articles, tv debates happening on this issue. #4: agreed that its my own assessment. Here are the reliable sources which make it clear that this issue was discussed and published by many top electronic and print media houses:

I have listed only few of the most read pages. There would be more links discussing this issue. I didn't add all these in the article because i thought it would make it clumsy and too much referencing. But I could add these now. AgniKalpa 02:37, 21 February 2012 (UTC)
 * NDTV: http://www.ndtv.com/video/player/the-9-oclock-news/is-the-recovery-of-black-money-impossible/223739
 * Indian Express: http://www.indianexpress.com/news/yatha-raja-tatha-cbi/912165/0, http://www.indianexpress.com/news/cbi-chiefs-wisdom-if-king-immoral-so-will-be-subjects/911638/0
 * Hindustan Times: http://www.hindustantimes.com/India-news/NewDelhi/Indians-have-stashed-over-500-billion-in-banks-abroad-CBI/Article1-810719.aspx
 * Economic times: http://articles.economictimes.indiatimes.com/2012-02-13/news/31055472_1_anti-corruption-asset-recovery-governance
 * Outlook India: http://news.outlookindia.com/items.aspx?artid=751236
 * The Pioneer: http://dailypioneer.com/home/online-channel/360-todays-newspaper/42487-yatha-raja-tatha-praja-.html