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Indian Scam - No other country can ever

compete with India. A thing to be really


ashamed off !!

Total scam money in India = 73000000000000
This might look awkward but it is true that, the total Scam money of our country is 27% more than the GDP of
our country.


What is Black Money ??
Any money that a person or organization acquires illegally, as by a means
that involves tax evasion is called as Black Money.
As this money is not reported to the government, it is virtualy hidden and
no tax is charged on this money so consequently it effects the economy
of the country. Acoording to the data revealed by Swiss Bank our country
tops the charts of Black money with an amount of $ 1456 billion. The
amount being so huge, its effect are adverse to the economy of our
country.

Total Scam Money in India

Today, Who cares about hundred crores rupees scam anymore !! As
India has seen thousands of crores rupees scams every now and then,
now the total scam money exceeds about 73 lakh crore rupees. The
amount itself explains the situation of corruption in India. Most of
this scam money comes from politics and politicians of the country.
The money which was actually meant to be utilised in public interest
is now an integral part of bank accounts of politicians. If this
whopping amount would have been executed in proper way, the
scenerio of our country would have been completely different.

Scams in India
Scam Year Scam
Money
Telgi stamp
paper scam
2003 Rs 172 cr
IPO-Demat
scam
2005 Rs 146 cr
Bihar flood
relief scam
Rs 17 cr
Scorpene
submarine
scam

Rs 18,978
cr
Punjab's City
Centre project
scam
2006
Rs 1,500
cr
Taj Corridor
scam
Rs 175 cr
Pune billionaire
Hassan Ali Khan
tax default
2008
Rs 50,000
cr
The Satyam
scam

Rs 10,000
cr
Army ration
pilferage scam

Rs 5,000
cr
The 2-G
spectrum
swindle

Rs 60,000
cr
State Bank of
Saurashtra
scam
Rs 95 cr
Illegal money in
Swiss banks, as
estimated in
2008
Rs
71,00,000
cr
The Jharkhand
medical
equipment
2009 Rs 130 cr
scam
Rice export
scam
2009
Rs 2,500
cr
Orissa mine
scam
2009
Rs 7,000
cr
Madhu Koda
mining scam
2009
Rs 4,000
cr
Total Scam
Money
73 lakh crore
Scam Year
Scam
Money
Harshad Mehta
securities scam
1992
Rs
5,000
cr
Sugar import
scam
1994
Rs 650
cr
Preferential
allotment scam
1995
Rs
5,000
cr
Yugoslav Dinar
scam

Rs 400
cr
Meghalaya Forest
scam

Rs 300
cr
Fertiliser import
scam
1996
Rs
1,300
cr
Urea scam
Rs 133
cr
Bihar fodder scam
Rs 950
cr
Sukh Ram telecom
scam
1997
Rs
1,500
cr

SNC Lavalin power
project scam

Rs 374
cr
Bihar land scandal
Rs 400
cr
C.R. Bhansali
stock scam

Rs
1,200
cr
Teak plantation
swindle
1998
Rs
8,000
cr
UTI scam 2001
Rs
4,800
cr
Dinesh Dalmia
stock scam

Rs 595
cr
Ketan Parekh
securities scam

Rs
1,250
cr
Sanjay Agarwal
Home Trade scam
2002
Rs 600
cr

What could have been done with this money ??
Health Care
2.4 crore primary healthcare centres. Thats at least 3
for every village, at a cost of Rs 30 lakh each.
Education
24.1 lakh Kendriya Vidyalayas at a cost of Rs 3.02 crore
each, with two sections from Class VI to XII.
Housing
14.6 crore low-cost houses assuming a cost of Rs 5 lakh
a unit.
Infrastructure
2,703 coal-based power plants of 600 MW each. Each
costs Rs 2,700 crore.
Supply
12 lakh CFL bulbs. Thats enough light for each of
Indias 6 lakh villages
Clean Up
50 major rivers for the next 121 years, at Rs 1,200
crore a river every year.
Transport
14.6 lakh km of two-lane highways. Thats a road
around Indias perimeter 97 times over.
Public
Welfare
Schemes
90 NREGA-style schemes, each worth roughly Rs
81,111 crore.
121 more loan waiver schemes. All of them worth
Rs 60,000 crore.
Hand Out
60.8 crore Tata Nanos to 60.8 crore people. Or
four times as many laptops.
Rs 56,000 to every Indian. Even better, give Rs
1.82 lakh to 40 crore Indians living BPL.
Defence
Can provide all our soldiers technologies like night
vision, bullet proof jacket and other safety
equipments.