Fellow Ilanders,

It has been quite sometime since I have been thinking of writing few lines on some aspect of Indian Economy which are worth taking note of.

It was a while ago that there was a news item that Indians give some hundreds of thousand crores annually in the form of bribes

Does this money propel the growth engine of our Economy in a significant way

Who do you think buys various branded items sold, whether apparels, fashion, footwear, sports items, white goods or automobiles in the high price range

A large percentage of people are those who either get in many multiples, over and above their legitimate salary, in the form of oopar ki kamai, or those who evade taxes at will ( the list of such buyers obviously includes their family members)

So, is it that the parellel black economy is one of the cornerstone of  India shining Growth Story

If there are friends who could enlighten me on this, I will be indebted to them