Tuesday, June 14, 2011

Indians poor but India not poor

"Indians are poor but India is not a poor country", said one of the Directors of Swiss Bank. He says, Rs 280 lack crore amount of ill-gotten money is stashed in Swiss Banks, sufficient to fund taxless budget for 30 years. It can yield 60 crore jobs. It is sufficient to build 4-lane roads to all villages from Delhi. Sufficient to pay Rs 2000/- to every citizen for next 60 years. India will not need any World Bank or IMF loan.

Even presuming this report is exaggerated, it should be enough to open our eyes.


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Independent Professional: Experienced educator and management consultant for engineering educational institutions, researcher, trainer, technical consultant on sustainable technologies, related to cement manufacturing and characterisation, using industrial and agricultural wastes in cement and concrete, durability of concrete and fuel cell power.