It have been months now that we have been hearing about the Corruption & the Lokpal bill .
One thing which still worries me as how much transparency is the Bill going to bring and with what effectiveness?
What really bothers me is the number of taxpayers in India when I think over this issue.It is as low as 3-4% that is around 35 millions people only. So? how is Lokpal and tax related?
What really bothers me is the number of taxpayers in India when I think over this issue.It is as low as 3-4% that is around 35 millions people only. So? how is Lokpal and tax related?
The point which I want to make here is that 85% of the people surviving in India is due to the Giant group of unorganized traditional business and jobs which are majorly responsible for running the show in India.Unaccountable, they have their own rules to carry on their business.
These people are not bothered whatever happens with the Lokpal , because it hardly affects them.
For example consider a very small Retailer or a Mom & Pop show store at some busy streets of Delhi.And a million of other such stores with million of employees who have never heard of recession, income tax exemption or GDP just because it never effected them.
Suppose the bill is passed and we catch hold of guys having swiss money.. so the govt might declare tax holiday for the next 10 years or say even 30 years(as we often read).
So the point I want to make is that the lokpal Bill will reap immediate benefits to only that 3% Tax paying community.
The other benefits we hear like 4 lane roads will surely happen. But in what time?
And please I would not like to believe that government will distribute those $ to Indian citizens in charity if they get it from the Swiss accounts.
These 3G scams, Common wealth or the Swiss UBS banks are just events.Which adds a solid reason behind the "evolution" of Lokpal and People like Anna Hazare.
Thus, coming back on the bill I believe that " Its more of a death signature for the "Netas of Parliament" as the 1st thing which anyone will like to do is get Swiss money back and get rid of the global loans.
Corruption in totality can only be removed with more transparency and process improvement of the Administration.
UID project I believe is one such big initiative and will really help the admin become more systematic.
Whatever it is, the Lokpal bill is more for good and have really made significant impact already and will surely it will be brutal for people doing massive scams.
