Showing posts with label Black money. Show all posts
Showing posts with label Black money. Show all posts

Tuesday, October 13, 2009

RBI authorised black money

Now one can forget the hassle of carrying large pactkets or cash for bribing someone. Just walk in to a bank and buy some'prepaid' gift cards with VISA or Mastercard branding. You can buy in lots below 50,000 rupees without giving any identity proof. You get a prepaid card, with stored value. Unlike many gift cards that can only be cashed at designated outlets, this can be used to draw cash from any ATM.
The receipient can just keep the card for as long as he pleases. In a tax raid, these cards are unlikely to get noticed, given that people are used to seeing multiple cards. And it is so convenient. The bribe can be paid in the government offices itself, since you are not carrying cash, but mere plastic!!

Of course, the RBI will not do anything. Someone has to 'bring it to their notice'.
This can happen only in our country, where on one hand we talk about corruption and on the other, we have the government owned banks facilitating in creating 'black' money!!

These can also be used overseas, so you can imagine the possibilities!!!
Mera Bharat Mahaan...