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1 | Will India's Search for ‘Black Money’ Stashed Abroad End in Fortune or Frustration? | Hiafara amin'ny Harena sa Hadisoam-panantenana ny Fikarohan'i Inde “Vola Maloto” Avy Any Ivelany? |
2 | Yoga guru Ramdev protests in New Delhi against black money and corruption. | Manohitra ny vola maloto sy ny risoriso any New Delhi i Yoga gourou Ramdev. |
3 | Image by Rohit Gautam. | Sary an'i Rohit Gautam. |
4 | Copyright Demotix (12/8/2012) | Copyright Demotix (08/12/2012) |
5 | $1.87 trillion. | 1.87 arivo lavitrisa dolara. |
6 | That is the value of India's GDP from the last fiscal year. | Io no sandan'ny Harin-karena Faoben'i Inde nandritra ny taona farany nandoavana hetra. |
7 | In comparison, $1.34 trillion is the amount of money that Indians have allegedly stored overseas in Swiss bank accounts in order to avoid paying taxes, dubbed by the government as “black money.” | Raha oharina amin'izay kosa dia 1.34 arivo lavitrisa dolara no tontalin'ny vola vinaniana ho notehirizin'ireo Indiana tany ivelany, tany amin'ny kaonty fitehirizam-bolan'i Soisa, mba hialàna amin'ny fandoavan-ketra, izay omen'ny fanjakana ny anara-petaka hoe “vola maloto“. |
8 | Up until now, that reported $1.34 trillion seemed practically unreachable due to legal barriers and a lack of effort from politicians in power. | Mandraka ankehitriny, toa mbola tsy takatra mihitsy io vola 1.34 arivo lavitrisa dolara voatatitra io vokatr'ireo sakana maro araka ny lalàna sy ny tsy fahampian'ny ezaka avy amin'ireo mpanao politika mihazona ny fahefana. |
9 | However, with the recent election of Prime Minister Narendra Modi, the search for Indians' hidden funds seems to have taken a new direction. | Na eo aza anefa izany, noho ny fahalanian'ny praiminisitra Narendra Modi vao haingana izay, toy ny mizotra làlana vaovao ny fikarohana ireo vola miafin'ny Indiana. |
10 | Last month, in one of the largest democratic elections ever recorded, India elected Modi, the former chief minister of the Gujarat state, as their new prime minister and his Bharatiya Janata Party (BJP) as their ruling party. | Tamin'ny volana lasa teo, tanatin'ny iray tamin'ireo fifidianana demokratika lehibe voarakitra hatrizay, nifidy an'i Modi, ilay lehiben'ny minisitra taloha teo ambany fanjakan'i Gujarat, ho praiminisitr'izy ireo vaovao ary ny antokony Bharatiya Janata (BJP) ho antoko eo amin'ny fitondrana, ny Indiana. |
11 | With the BJP's overall domination in these elections and combined with a populous that is starving for change, Modi is expected to bring the spark that India has been searching for as they strive to become a more developed country. | Miaraka amin'ny fanjakan'ny BJP tanatin'ireo fifidianana, izay nifangaro tamin'ny vahoaka mangetaheta fanovàna, dia andrandraina hitondra ilay fahazavana nokarohin'i Inde ka mampitolona azy ho lasa firenena mivoatra kokoa i Modi. |
12 | Modi began this campaign less than 24 hours after being elected, when he announced that he would create a special commission tasked with the location and retrieval of India's infamous black money. | Tsy ampy 24 ora akory taorian'ny nahavoafidy azy dia nanomboka ity fampielezan-kevitra ity i Modi, izay nanambarany fa hanangana komisiona manokana hisahana ny fijerena sy ny fikarohana ny toerana misy ny vola maloton'i Inde ny tenany. |
13 | Since about two-thirds of India's GDP rely solely on cash, black money has been a commonly overlooked issue in India. | Koa satria eo ho eo amin'ny roa ampaha-telon'ny Harin-karena Faoben'i Inde no miankin-doha fotsiny amin'ny vola taratasy, olana tsy dia noraharahina tany Inde matetika ny vola maloto. |
14 | But Modi has vowed to locate these hidden funds and use them to revitalize their developing economy. | Saingy nanome toky i Modi fa hikaroka ireo vola miafina ireo ka hampiasa izany mba hampandrosoana ny toekarena. |
15 | As of June 30, he had already made a request to certain banks in Switzerland (where the money is believed to be held in) asking for specific bank details and names of Indians who have unaccounted money stored in their facilities. | Ny 30 Jona, efa nanao fangatahana vitsivitsy tamin'ireo banky Soisa (izay eritreretana fa nitazona ny vola) sahady izy, mangataka ny antsipirian'ireo banky manokana sy ny anaran'ireo Indiana izay manam-bola voatahiry anatin'ireo fotodrafitrasany. |
16 | According to Arun Kumar, author of ‘The Black Economy in India,' the investigation will “send out a loud and clear signal to all tax evaders.” | Araka ny voalazan'i Arun Kumar, mpanoratra “Ny Toekarena Maloto ao Inde”, “handefa fanairana avo sy mazava ho an'ireo rehetra mpandositra hetra”, ny fanadihadiana. |
17 | Many, like Sukant Singh from OneIndia News, believe that once the black money is found it will help revitalize the Indian economy. | Maro, tahaka an-dry Sukant Singh avy ao amin'ny OneIndia News, no mino fa raha vantany vao hita ny vola maloto, tonga dia hanampy amin'ny famelomana ny toekaren'i Inde izany. |
18 | Singh points towards India's massive foreign debt which is leading to high fiscal deficit in the country. | Manindry mafy ny trosa goavan'i Inde amin'ny any ivelany izay mitarika ny fitotonganan'ny toebolam-pirenena i Singh. |
19 | According to Singh, if the black money was recovered, all of India's foreign debt could be repaid within 24 hours. | Araka ny voalazan'i Singh, raha tafaverina ny vola maloto, ho voaloa ao anatin'ny 24 ora ireo trosa rehetran'i Inde any ivelany. |
20 | But for some, Modi's moves are not enough. | Saingy ho an'ny sasany, tsy ampy ireo hetsik'i Modi. |
21 | Blogger Shrinidhi Hande criticized all the hype instead of actual action: | Nitsikera ny fanaovana dokambarotra be manoloana ny tokony hanaovana hetsika mazava ny mpitoraka bilaogy Shrinidhi Hande: |
22 | Why give so much publicity to the issue and so little action? | Nahoana no manao dokambarotra betsaka nefa hetsika faran'izay bitika? |
23 | Is it not possible to send an envoy to Switzerland, make the Swiss Bankers pull out the list from their computers, simultaneously raid those people back in India, freeze their accounts and seize their properly till further investigation? | Tsy azo atao angaha ny mandefa iraka any Soisa, mampamoaka ireo lisitra ao anatin'ny solosainan'ireo mpiasan'ny banky Soisa, ka mampody ireo olona ireo any Inde anatin'izany fotoana izany, sy manakatona ny kaontiny ary mangeja ny fananany mandra-pahavitan'ny fanadihadiana? |
24 | Is it not the right way to act? | Tsy izay ve no hetsika tokony hatao? |
25 | Of course Swiss bankers may not be willing to comply- but with some diplomatic and international pressure, it is very much possible. | Mazava ho azy, mety tsy hanaiky ny hanaraka izany ireo mpiasan'ny banky Soisa- saingy azo atao izany rehefa miaraka aminà tsindry ara-diplomatika sy iraisam-pirenena. |
26 | Soutik Biswas, a blogger affiliated with BBC News, feels that the cause of the lack of action on the issue stems from the politicians themselves and their corrupt policies: | Soutik Biswas, mpitoraka bilaogy iray mifandray amin'ny BBC News, mahatsapa fa ny anton'ny tsy fahampian'ny hetsika manoloana io olana io dia avy amin'ireo mpanao politika ireo ihany sy ny politikany maloto: |
27 | [The government] also talks about a new amnesty scheme for ‘black money,' which is really a slap in the face of the honest tax payer. | Miresaka mikasika ny rafitra famotsoran-keloka vaovao momba ny “vola maloto” koa ny fanjakana, izay tena felaka mandrivorivo ho an'ireo mpandoa hetra ara-dalàna. |
28 | Since independence, the government has offered ‘voluntary disclosure schemes' six times, most recently in 1997. | Hatramin'ny fahaleovantena, nanome “drafitra ampahibemaso antsitrapo” in'enina ny fanjakana, ny tamin'ny taona 1997 no haingana indrindra. |
29 | Less than $1bn was declared, which most experts believe was a fraction of the black money in the market at that time. | Latsaka ny 1 lavitrisa dolara no nolazaina, izay ninoan'ny maro tamin'ireo manam-pahaizana ho ampahan'ny vola maloto teny amin'ny tsenam-bola tamin'izany fotoana izany. |
30 | India's autonomous federal auditors once remarked that the disclosure schemes encourage people to become “habitual tax offenders”, knowing full well that they can hoard money without paying income taxes. | Indray mandeha dia nanamarika ireo mpanamarim-bola federaly mahaleotenan'i Inde fa mampirisika ireo olona ho lasa “zatra tsy manara-dalàna ara-ketra” ireo tetika famakiana bantsilana, izay mahafantatra tsara mihitsy fa afaka manangona vola izy ireo na tsy mandoa hetra aza. |
31 | However, some people such as Chandrahas Choudhury from Bloomberg View believe that Modi is embarking on a pointless search which will not end in the “fairy tale” fashion that Choudhury believes many Indians are holding out for. | Na izany aza anefa, misy ireo olona sasany toa an-dr'i Chandrahas Choudhury avy ao amin'ny Bloomberg View no mino fa miditra anatinà fikarohana tsy misy lohany akory i Modi, izay tsy hiafara amin'ny “angano angano” malaza inoan'i Choudhury fa hironan'ny Indiana maro. |
32 | Choudhury dispelled the popular assumption that recovery these funds could be the key to ending all of India's problems as they would be considered a national asset and would go straight into the hands of the state. | Nalàn'i Choudhury ilay fiheverana malaza izay mieritreritra fa ny famerenana ireo vola no fanalahidy hamaranana ireo olana rehetra ao inde noho ny fandraisana azy ireo ho tombontsoam-pirenena ka tonga dia hiditra eo am-pelatànan'ny fanjakana. |
33 | He pointed to a recent report that cited that Indians held no more than $2 billion in the Swiss banking system: a fraction of the original estimate. | Notsindriany tanatinà tatitra farany izay nanambara fa tsy mihoatra ny 2 lavitrisa dolara ny volan'ireo Indiana any amin'ny rafitry ny banky Soisa: ampahany amin'ny vinavina tany ampiandohana. |
34 | The widely debated issue of the hunt for the black money funds has been become even more intense in the past few weeks. | Lasa mbola nihenjana kokoa ilay olana mampiady hevitra ny maro mikasika ireo vola maloto tanatin'ireo herinandro vitsivitsy lasa. |
35 | The issue has not only been debated on various news outlets, but also within social media as well. | Tsy teo anivon'ireo fitaovana fampahalalam-baovao samihafa irery ihany no nisy io adihevitra io, fa teny anivon'ireo media sosialy ihany koa. |
36 | There are many Indians who are not only curious as to how the hunt will end, but where the money is actually being held to begin with. | Maro amin'ireo Indiana no tsy liana fotsiny hahalala izay hiafaran'ny fikarohana, fa koa, voalohany indrindra, ny hahalala ny toerana tena ihazonana ireo vola ireo. |
37 | A public policy commenter tweeted: | Nibitsika ny mpanao tsikera ny politikam-bahoaka hoe: |
38 | This bringing black money from foreign banks is a wild goose chase. | Tsy misy dikany ny famerenana ny vola maloto avy any amin'ireo banky any ivelany. |
39 | Focus on measures tht ensure no new creation of black money; stamp duty? - हम भारत के लोग (@India_Policy) July 8, 2014 | Mifantoha amin'ireo fepetra izay manome antoka ny tsy fisian'ny famoronana vola maloto vaovao; ny fandoavana hajia? |
40 | Sameer Bhagat, a member of the Indian National Congress, believes that the black money that India is searching for is actually hiding in plain sight: | Sameer Bhagat, mpikambana iray ao amin'ny Kongresy Nasionaly Indiana, dia mino fa manarona ny zava-misy marina ny vola maloto tadiavin'i Inde: |
41 | Swiss accounts are a diversion. | Fandrebirebena ireo kaonty Soisa. |
42 | Bulk of black money is right here in India - TOI - http://t.co/gWytfYSn9L #AccheDin for #BlackMoney in India | Eto Inde ihany ny ankamaroan'ny vola maloto - TOI - http://t.co/gWytfYSn9L #AccheDin ho an'ny #BlackMoney any Inde |
43 | - Sameer Bhagat (@iSameerBhagat) July 7, 2014 | _ Sameer Bhagat (@iSameerBhagat) 7 Jolay 2014 |
44 | Others, such as Amrita Dasgupta, a resident of Varanasi and Delhi, are seeking answers from the politicians who are directly involved in the investigation: | Ireo hafa, toa an'i Amrita Dasgupta, mponina any Varanasi sy Delhi, dia mikaroka valinteny avy amin'ireo mpanao politika izay misahana mivantana ny fanadihadiana: |
45 | What is the reaction of #BJP, #Ramdev and #Subramnyam Swami on #GOI ‘s announcement on #Blackmoney? | Ahoana ny fihetsiky ny #BJP, #Ramdev sy #Subramnyam Swami tamin'ny fanambaràn'ny #GOI mikasika ny #Volamaloto? |
46 | - Amrita Dasgupta (@amritdasgupta) July 7, 2014 | - Amrita Dasgupta (@amritdasgupta) 7 Jolay 2014 |
47 | While it is unclear how the hunt for black money will end, the idea of finding $1.34 trillion in hidden funds has definitely caught the attention of many. | Raha toa ka mbola tsy hita tsara ny fomba hiafaran'ny fikarohana ireo vola maloto, dia nisarika ny sain'ny maro ny hevitra hahitàna ny vola 1,34 lavitrisa dolara amin'ireo vola nafenina. |
48 | For the Indians who may have black money stored overseas themselves, they will have to wait and see how the money ends up getting used by the government. | Ho an'ireo Indiana izay mety manam-bola maloto miangona any ivelany, tsy maintsy hiandry izy ireo ary hijery ny fomba hahatonga ireo vola ho hampiasain'ny fanjakana. |
49 | Until then, most Indians can only speculate if the new prime minister will follow through on his promise and find the black money that has been haunting India for far too long. | Mandra-pahatonga an'izany, tsy afaka ny hanao afa-tsy ny haminavina ny ankamaroan'ireo Indiana raha hanatanteraka ny toky nomeny ny Praiminisitra ary hikaroka ireo vola maloto izay nanalokaloka an'i Inde nandritra ny fotoana maro. |