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Touching upon the source of black money (Book Review)

India,Business/Economy,Art/Culture/Books, Fri, 11 Jan 2013 IANS

Book: "Black Money", Author Brij Bhardwaj; Publisher: Har-Anand; Pages: 176; Price: Rs.495

There has been much hue and cry in recent years about the black money. Most of the studies so far have been focused on how and where the illicit money is being stashed.

Brij Bhardwaj's book focuses on how black money is being generated. It points out how every citizen even the honest ones who while making day to day purchases help in generating black money by not insisting on a bill or cash memo.

The book also suggests that instead of killing the messenger let us attack the sources which help in generating black money. In this context it points out how counterfeit and smuggling are growing world-wide and are hurting national economies including India and in turn financing anti-national activities like terrorist activities, criminal gangs and Mafia.

Besides the author, the book includes contributions by several experts including P.C Jha, former chairman of Central Board for Excise and Customs, Deep Chand, special commissioner (retired), Delhi Police and Anil Raput, chairman, FICCI-CASCADE.

The book also speaks about how technology can help in checking the sale of counterfeit items to consumers particularly in the field of medicines. How use of bar code on packaging can help consumers to check if the medicines he or she is buying are genuine or fake.


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