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Black money chase: This yet-to-be-public report hints at Modi's next moves

Report on which govt may have based its drive suggests action on dabba trading, hawala, education

Black Money

Even as the government has launched a high-profile drive against black money, a 1,000-page study on unaccounted incomes in India has not been made public. Produced by the think-tank National Institute of Public Finance and Policy (NIPFP) at the instance of the UPA government of 2012, the report was submitted to the government a year later. A detailed study on unaccounted incomes in India has outlined a multi-pronged strategy that the government should adopt to curb generation of black money by professionals, educational institutions, capital market intermediaries and real estate ...