The question of black money stashed away in Swiss bank was an important point of political campaign in the parliamentary election of 2009. A series of data regarding the size of black money was released by different political parties.
Advaniji said "At a lower estimate, the amount of Rs 25 lakh crore which is secret foreign money is sufficient to relieve the debts of all farmers and to build world class roads all over the country, apart from providing safe drinking to six lakh villages in the country."
Sharad Yadav the president of JDU claimed that Indian citizens had deposits USD 1,456 billion followed by Russia (USD 470 billion), UK (USD 390 billion), Ukraine (USD 100 billion) and China (USD 96 billion) in various foreign banks including Swiss bank.
Professor R Vaidyanathan, (Professor of Finance at the Indian Institute of Management, Bangalore) estimated that Indian money stashed away may be of the order of $1.4 trillion (about Rs 71 lakh crore). The well-known tax havens are Switzerland / Liechtenstein / Luxemburg / Channel Islands etc.
The question of repatriation of this unaccounted money arose because the United States government took some steps to retrieve such funds from Swiss Banks and Swiss government authorities.
When India got its independence in 1947, it was a poor country lacking in wealth although it was very rich in natural resources. The process of wealth creation began at a fast pace. But, the rates of Income Tax in India were one of the highest in the world. This encouraged manufacturing of black money and its transfer to outside banks. It is really an enigma that India is a developing country but Indians have largest deposits of black money in Swiss Banks.
If we examine this situation astrologically, the following observations can be made. The observations are based on the horoscope of India drawn on the basis of the birth of Independent India in the midnight of 15th August 1947.
Interpretation of the Horoscope :
As per Vedic astrology, Jupiter and Venus both have been assigned the role of ministers in the cabinet of the Sun (king). When Jupiter and Venus are not well placed in the horoscope, it may indicate dubious role of the executives, administrators, ministers and the elite class of the country.
In the horoscope of a nation the 2nd house represents wealth, the 3rd house represents business and enterprise, the 5th house is seen for stock markets and entertainment industry, the 9th house represents fortune and the 10th house represents occupations of the country. Similarly, the 11th house represents income and 12th house represents expenses and outgo of funds to foreign lands.
The tenth lord in the horoscope of India is Saturn that happens to be placed in the 3rd house. Sun, Mercury, Venus and Moon are conjunct with the 10th lord. The 11th lord Jupiter aspects the 2nd house as well as the 10th lord Saturn. These placements indicate that the people of India will have varied vocations like agriculture, industry, mining, commerce, entertainment, flourishing media and IT sector etc. The people of the country will have presence in almost every field because of the influence of so many planets with the 10th lord. This will help in the process of wealth creation.
Strong 3rd house indicates flourishing enterprises in the country. Saturn placed in the 3rd house indicates that India is a country which believes in the philosophy of hard work and is a country of hardworking people.
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