Tuesday, February 22, 2011

Indian President says government corruption weeds














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President of India for her annual Federal Parliament in New Delhi on Monday. Says the Government is committed to resolving issues related to inflation, corruption and money black.

Indian President Pratibha Patil in her annual Federal Parliament, the Federal Government would take all measures to ensure full transparency in their work.

Scam millions $ G2 touch deprived State billions and scared off investors.

Patil said that the Government consider a series of measures to eliminate corruption.

[Pratibha Patil, President of India]:
"Our people have the right to good governance. Is right and our duty. My Government is committed to improving transparency and honesty in its functioning. A group of Ministers is considering all measures, including legislative, administrative, tackling corruption and improving transparency. "

Corruption, coupled with rising inflation, especially in food and has taken the gleam off a fast growing economy in India for voters and investors.

Patel emphasized the need to encourage more foreign investment maintain economic growth amid signs investment climate getting weaker.

[Pratibha Patil, President of India]:
"We should not be satisfied with our achievements. We must strive to make more favourable domestic environment for investment and encourage public investment, private investment, both domestic and foreign, particularly foreign direct investment. We will maintain the process of economic reforms in our country. "

Reflecting grade black money hidden away in foreign banks, the President said that the Government will initiate steps to address this issue.

[Pratibha Patil, President of India]:
"The Government is concerned with the negative impact of money-related issues. Whether gathering wealth tax evasion to money or wealth accumulated Cleantech, both concerns. My Government is committed to resolving this issue based on priority. "

According to Swiss Bank data in black India more money than the rest of the world combined ... Nearly 1.5 trillion dollars.