Comments on: Swiss Bank assets under management http://sharma-home.net/blog/india/swiss-bank-assets-under-management We have opinions Mon, 06 Sep 2010 17:23:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: arun http://sharma-home.net/blog/india/swiss-bank-assets-under-management/comment-page-1#comment-8714 arun Thu, 23 Apr 2009 05:52:12 +0000 http://www.sharma-home.net/blog/uncategorized/swiss-bank-assets-under-management#comment-8714 Some debate on this topic between pro and anti congress forces: http://business.rediff.com/column/2009/apr/22/guest-how-real-are-figures-on-black-money.htm Mr Jairam Ramesh is clearly misrepresenting the GIF report. The report estimates the range to be $22-27B per year -- not a low end of 4B like Jairam claims. GIF issues a clarification: http://www.gfip.org/index.php?option=content&task=view&id=201 * India is #5 in the list * 1 trillion is the sum for all developing countries, not just India. * India probably accounts for $100B for the period in question. Some debate on this topic between pro and anti congress forces:

http://business.rediff.com/column/2009/apr/22/guest-how-real-are-figures-on-black-money.htm

Mr Jairam Ramesh is clearly misrepresenting the GIF report. The report estimates the range to be $22-27B per year — not a low end of 4B like Jairam claims.

GIF issues a clarification:

http://www.gfip.org/index.php?option=content&task=view&id=201

* India is #5 in the list
* 1 trillion is the sum for all developing countries, not just India.
* India probably accounts for $100B for the period in question.

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