(click on the images to enlarge)
Yes these are specimens of Rs 5000/- and Rs 10000 denomination currency notes. Don't get surprised. India is not a poor country and she never was. These notes were in circulation in our country even after India's Independence and were later withdrawn in 1978 to arrest black money.
Even today Indians have the largest deposits of money in foreign Banks like Swiss Banks etc.
It is alleged that according to the Swiss Banking Association Report of 2006, Swiss Banks deposits by top five countries were :-
India : $ 1456 Billon
Russia : $ 470 Billion
UK : $390 Billion
China: $ 96 Billion
(Based on a statement by Mr. Joginder Singh, former Director CBI, in a reputed magazine)
(Based on a statement by Mr. Joginder Singh, former Director CBI, in a reputed magazine)
Incidentally the figures might have changed upwards since then as the report is of 2006. And Swiss banks are only one of the tax havens. There may be much more Indian money deposited in other banks abroad by our corrupt citizens.
Alas !! If only the country's wealth was equally distributed we won't have slums, illiteracy, malnutrition, and violent groups like naxalites and our Defence forces would have been stronger than those of America or China.
