ONLY ASSET DECLARATION by Govt IS NOT ENOUGH

ONLY ASSET DECLARATION by Govt IS NOT ENOUGH.

It is GOVT’s duty to publish BREAK-UP of such DATA of those  minister/politician whose asset has grown 50/100 folds within a period of 5 years. EXAMPLE OF WHICH IS READILY AVAILABLE FROM ALMOST ALL POLITICIANS IN KARNATAKA (BE IT CONG OR BJP), now in ruling Cong as well.

Parties Against Disclosing Anonymous Funds: http://epaperbeta.timesofindia.com//Article.aspx?eid=31814&articlexml=ECs-transparency-norms-opposed-05112014008035

      90% of political funds came from India Inc: http://epaperbeta.timesofindia.com/Article.aspx?eid=31814&articlexml=90-of-political-funds-came-from-India-Inc-25122014007005

JUST CHECK THE ASSET VALUE FROM ONE ELECTION TO NEXT ELECTION, THERE ARE AMPLE EXAMPLE WHERE IN FIRST ELECTION, THE ASSET DECLARED IS 50 CRORES AND IN NEXT ELECTION THE SAME GUY DECLARE HIS ASSET AS 300 TO 500 CRORES. WE THE AAM AADMI HAS NO CHOICE BUT TO WATCH HIS ASSET GROW MULTI-FOLD, and yet there is no mechanism in place which can reveal how 50 Crore has become 500 Crore within a span of 5 Yrs simply because none of our present and past  Govt. dare to impose a mechanism which can reveal break-up of such HUGE GROWTH OF ASSET.

By publishing such break-up, GOVT will not only help AAM AADMI to take INFORMED DECISION but also GOVT will MOTIVATE AAM AADMI how to earn in BILLIONS, Moreover AAM AADMI will start worshipping these MONEY GOD MINISTERS by keeping their photo next to BILL GATES and WARREN BUFFET!!!

What is so difficult in revealing the BREAK-UP of asset growth (from 50 to 500 Crores) as submitted in IT declaration by an Individual , as all data are readily available in IT record, all need to be done is break them into layers of asset . Hence, it is Govt’s priority to reveal the BREAK-UP of asset growth(from 50 to 500 Crores)  of every individual (be it BABA RAMDEV/HASAN ALI/Kamal Nath/BSY/Reddy Bros or for that matter ANY POLITICIAN whose asset grow by leaps and bounds) and let AAM AADMI take INFORMED decision while supporting them:

1.            Start with initial asset value = X after validating the source of X.

2.            In next IT return asset value declared =X+50=Y;

3.            Now all our IT dept need to do is to probe source of Y whether this additional 50 is LEGITIMATE or not and accordingly publish in MEDIA (for AAM AADMI to validate apart from whatever action taken by Govt), each and every deal / transaction done by tax-payer to reach this figure of 50.

Note that above example is only against DECLARED ASSET, IMAGINE THE QUANTUM OF UNDECLARED ASSET (earned by Ministers in 2G/CWG deal) which also need to have a mechanism to track which can be easily tracked by QLY PERFORMANCE AUDIT which can be explained if your platform select this article.

Just in case Govt refuse to provide BREAK-UP, it should be MEDIA’s responsibility (who has already done the excellent job of exposing 2G/CWG scam which was supposed to be done by GOVT) once again to use RTI to get all the HIDDEN info of such break-up of ASSET JUMP of POLITICIAN/MINISTERS HIDDEN in IT record as AAM AADMI cannot take the risk of using RTI as in no time they will be MURDERED as happened with a whistle-blower lady Shehla Masood recently in M.P.

Just because a minister has grown his asset 50/100 folds within a period of 5 years, does not mean he has done it by UNFAIR MEANS, he may have done so the same way as BILL GATES and WARREN BUFFET have done in US, why not give a fair chance to those MINISTERS (by publishing above break-up of ASSET GROWTH which will simply inspire AAM AADMI like us) to prove that US has only one BILL GATES and one WARREN BUFFET whereas our political/governance system have plenty of them!!!