India waffles to infract Potent Lobbies

It is indeed a matter of great concern that the saga of corruption in India has been rampant and with the passing of years it is growing by leaps and bounds. The concerned groups, who act as the watchdogs in the government circles, consider this is as common irrespective of ideologies, if there is any, of ideologies and political parties. At every time, whenever there is a disclosure of any financial scam in the topmost echelon of the administration, the government tries to stay clear from it in all manners. Or else how can one describe the nonchalant attitude of the Union Government regarding the sensational revelation of Liechtenstein episode? It has been found in the recent days, thanks to the bluff initiative of the Government of Germany, that lots of people from different countries do submit millions of money in the tiny tax haven of Liechtenstein.

Where is Liechtenstein? It is the sixth-smallest country in the world and is landlocked between Austria and Switzerland. The German government has come across, in the recent days, a list of account holders at Liechtenstein's LTG Bank and is ready to share it with the concerned governments. It should be affirmed in this sphere that governments of several countries, including US, UK, Canada, Norway, Italy and others, have exploited this opportunity to zero in on their citizens known for evading taxes and smuggling the very amount to this principality.

However, the stoic silence of the Indian government over the subject has not only been failing but also is cryptical. What is most striking is that the Indian government has not even approached the German government for this data till now, even for once. Even this lackadaisical attitude of India has amazed the concerned international agencies. The Indian chapter of the Transparency International, the organization acclaimed for its crusades against the international chronicle of corruption, has already quested for the governmental intervention into the matter at the earliest. The entire money deposited belongs to India but presently under the auspices of the tax evaders and other felons.

But this procedure to frame the perpetrators can materialize only if the government adopts the cudgel of responsibility. However it has not shown much interest, may be due to heavy pressures from influential echelon of the country. But it is substantive to take firm step or else this money can be channelized to the trades of international drug and terrorism. A considerable amount of these accounts have already been used for these two. It is evident that these two have already pained India a lot!