The total amount of black money deposited in foreign banks by Indians is unknown, but one estimate by R Vaidyanathan, a Professor of Finance, estimated the total at over Rs 72,80,000 Crores (USD $1.4 trillion).
As per the figures of Indian economy 2010, the Gross external debt for India is $ 0.2371 trillion, public debt is $ 0.758 trillion, total expense is $ 0.2574 trillion.
That means India can payback all its debt and still can have surplus reserve.
It's not about Swami Ramdev and Govt of India. It's about the Indian black money in Swiss bank and other places. Even Swami calls off this aandolan, we Indian should continue the strike and stay on the venue unmoved till this is done.
We must appreciate the work of late Rajiv Dixit who proposed the solution and had filed the case in Supreme Court to get the declaration of money kept in Swiss bank as national property as Swiss banks cannot keep national property in their banks as per their laws. Though he is not with us, his thoughts and lectures are available online and reveals untold/hindden stories. They worth listening because if not all, many of the contents may enlighten you with the thoughts to bring India on track.
Many countries has already declared their money in Swiss bank as national asset and got them back. For example "Nepal has got $5 billion dollars in Swiss banks declared as national property. So has Philippines and Zaire ever since Switzerland has become a United Nations member."
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