RAMDEV BABA

Views and stand on black money

Swami Ramdev has been associated with the 2011 Indian anti-corruption movement and was involved in the Jan Lokpal agitation^[16]
In February 2011, he gave the following steps for eradication of black money:^[17]

1. Withdrawal and demonetizing of Rs. 500 and Rs. 1000 currency notes - so as to avoid misuse of unaccounted money and quick arrest of the entire locally circulated black money, bribing, and fake note traffic.
2. Agree to and accept the U.N. Convention against Corruption – pending since 2006.
3. Death penalty provision for the corrupt persons in Indian Penal Code.
4. Access, monitor and disrupt payment gateway servers enabling corrupt people to manage money in tax havens.
5. Scrutinizing accounts of people having credit/debit cards of foreign banks without any foreign work/relation.
6. Disabling operations of any bank from a tax haven country.

The practicality of such steps has been called into question.^[10][who?]
He has raised the issue of Indian money stashed away illegally in Swiss Bank which is estimated to be anywhere between 1 to 1.5 trillion USD. He says that the government must take immediate action and bring back the money as it belongs to the people of India. Not only this he openly charges that this black money has been taken out of the country illegally and also very strongly demands a capital punishment to all those Indians or N.R.I.s, who acquire, handle and stash black money. He suggests that Mauritius route is a tax haven for black money operators in India and this route should be cut effectively by the Indian government. He had also demanded (as early as September 2009) the removal of currency of denominations of Rs. 500 and Rs. 1000, saying that this would curb corruption, black money and terrorism