Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 73,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'catslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 73,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/jurys-still-out-on-amount-of-black-money-stashed-abroad-13190/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/jurys-still-out-on-amount-of-black-money-stashed-abroad-13190/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'catslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 74,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'artileslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 74,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/jurys-still-out-on-amount-of-black-money-stashed-abroad-13190/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/jurys-still-out-on-amount-of-black-money-stashed-abroad-13190/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'artileslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-trace').style.display = (document.getElementById('cakeErr68003ab38eeb0-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68003ab38eeb0-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-code').style.display = (document.getElementById('cakeErr68003ab38eeb0-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-context').style.display = (document.getElementById('cakeErr68003ab38eeb0-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68003ab38eeb0-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr68003ab38eeb0-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 13069,
		&#039;title&#039; =&gt; &#039;Jury’s still out on amount of black money stashed abroad&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-ENS Economic Bureau
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;jurys-still-out-on-amount-of-black-money-stashed-abroad-13190&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 13190,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 13069,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;black money,Corruption&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-ENS Economic Bureau


&amp;nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-ENS Economic Bureau&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 13069,
	&#039;title&#039; =&gt; &#039;Jury’s still out on amount of black money stashed abroad&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-ENS Economic Bureau
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;jurys-still-out-on-amount-of-black-money-stashed-abroad-13190&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 13190,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 13069
$metaTitle = &#039;LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad&#039;
$metaKeywords = &#039;black money,Corruption&#039;
$metaDesc = &#039;
-ENS Economic Bureau


&amp;nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-ENS Economic Bureau&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/jurys-still-out-on-amount-of-black-money-stashed-abroad-13190.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad | Im4change.org</title>
    <meta name="description" content="
-ENS Economic Bureau


&nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Jury’s still out on amount of black money stashed abroad</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div style="text-align: justify">-ENS Economic Bureau</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&rdquo; the Finance Ministry said categorically at that time the study was commissioned.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.</div><div style="text-align: justify"><br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$maxBufferLength = (int) 8192
$file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php'
$line = (int) 853
$message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Code Context
            $response->getStatusCode(),

            ($reasonPhrase ? ' ' . $reasonPhrase : '')

        ));
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-trace').style.display = (document.getElementById('cakeErr68003ab38eeb0-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68003ab38eeb0-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-code').style.display = (document.getElementById('cakeErr68003ab38eeb0-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-context').style.display = (document.getElementById('cakeErr68003ab38eeb0-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68003ab38eeb0-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr68003ab38eeb0-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 13069,
		&#039;title&#039; =&gt; &#039;Jury’s still out on amount of black money stashed abroad&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-ENS Economic Bureau
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;jurys-still-out-on-amount-of-black-money-stashed-abroad-13190&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 13190,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 13069,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;black money,Corruption&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-ENS Economic Bureau


&amp;nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-ENS Economic Bureau&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 13069,
	&#039;title&#039; =&gt; &#039;Jury’s still out on amount of black money stashed abroad&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-ENS Economic Bureau
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;jurys-still-out-on-amount-of-black-money-stashed-abroad-13190&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 13190,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 13069
$metaTitle = &#039;LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad&#039;
$metaKeywords = &#039;black money,Corruption&#039;
$metaDesc = &#039;
-ENS Economic Bureau


&amp;nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-ENS Economic Bureau&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/jurys-still-out-on-amount-of-black-money-stashed-abroad-13190.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad | Im4change.org</title>
    <meta name="description" content="
-ENS Economic Bureau


&nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Jury’s still out on amount of black money stashed abroad</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div style="text-align: justify">-ENS Economic Bureau</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&rdquo; the Finance Ministry said categorically at that time the study was commissioned.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.</div><div style="text-align: justify"><br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$reasonPhrase = 'OK'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Code Context
                    $value

                ), $first);

                $first = false;
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-trace').style.display = (document.getElementById('cakeErr68003ab38eeb0-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68003ab38eeb0-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-code').style.display = (document.getElementById('cakeErr68003ab38eeb0-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68003ab38eeb0-context').style.display = (document.getElementById('cakeErr68003ab38eeb0-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68003ab38eeb0-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr68003ab38eeb0-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 13069,
		&#039;title&#039; =&gt; &#039;Jury’s still out on amount of black money stashed abroad&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-ENS Economic Bureau
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;jurys-still-out-on-amount-of-black-money-stashed-abroad-13190&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 13190,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 13069,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;black money,Corruption&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-ENS Economic Bureau


&amp;nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-ENS Economic Bureau&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 13069,
	&#039;title&#039; =&gt; &#039;Jury’s still out on amount of black money stashed abroad&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-ENS Economic Bureau
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;jurys-still-out-on-amount-of-black-money-stashed-abroad-13190&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 13190,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 13069
$metaTitle = &#039;LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad&#039;
$metaKeywords = &#039;black money,Corruption&#039;
$metaDesc = &#039;
-ENS Economic Bureau


&amp;nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-ENS Economic Bureau&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &amp;lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&amp;rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&amp;rsquo;s black economy.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &amp;ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&amp;rdquo; the Finance Ministry said categorically at that time the study was commissioned.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&amp;rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/jurys-still-out-on-amount-of-black-money-stashed-abroad-13190.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad | Im4change.org</title>
    <meta name="description" content="
-ENS Economic Bureau


&nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Jury’s still out on amount of black money stashed abroad</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div style="text-align: justify">-ENS Economic Bureau</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&rdquo; the Finance Ministry said categorically at that time the study was commissioned.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.</div><div style="text-align: justify"><br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$cookies = []
$values = [
	(int) 0 => 'text/html; charset=UTF-8'
]
$name = 'Content-Type'
$first = true
$value = 'text/html; charset=UTF-8'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

<head>

    <link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>

    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>

$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
$dataForView = [
	'article_current' => object(App\Model\Entity\Article) {

		'id' => (int) 13069,
		'title' => 'Jury’s still out on amount of black money stashed abroad',
		'subheading' => '',
		'description' => '<div style="text-align: justify">
-ENS Economic Bureau
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&rsquo;s black economy.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&rsquo;s black economy.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&rdquo; the Finance Ministry said categorically at that time the study was commissioned.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
</div>
<div style="text-align: justify">
<br />
</div>',
		'credit_writer' => 'The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/',
		'article_img' => '',
		'article_img_thumb' => '',
		'status' => (int) 1,
		'show_on_home' => (int) 1,
		'lang' => 'EN',
		'category_id' => (int) 16,
		'tag_keyword' => '',
		'seo_url' => 'jurys-still-out-on-amount-of-black-money-stashed-abroad-13190',
		'meta_title' => null,
		'meta_keywords' => null,
		'meta_description' => null,
		'noindex' => (int) 0,
		'publish_date' => object(Cake\I18n\FrozenDate) {},
		'most_visit_section_id' => null,
		'article_big_img' => null,
		'liveid' => (int) 13190,
		'created' => object(Cake\I18n\FrozenTime) {},
		'modified' => object(Cake\I18n\FrozenTime) {},
		'edate' => '',
		'tags' => [
			[maximum depth reached]
		],
		'category' => object(App\Model\Entity\Category) {},
		'[new]' => false,
		'[accessible]' => [
			[maximum depth reached]
		],
		'[dirty]' => [[maximum depth reached]],
		'[original]' => [[maximum depth reached]],
		'[virtual]' => [[maximum depth reached]],
		'[hasErrors]' => false,
		'[errors]' => [[maximum depth reached]],
		'[invalid]' => [[maximum depth reached]],
		'[repository]' => 'Articles'
	
	},
	'articleid' => (int) 13069,
	'metaTitle' => 'LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad',
	'metaKeywords' => 'black money,Corruption',
	'metaDesc' => '
-ENS Economic Bureau


&nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...',
	'disp' => '<div style="text-align: justify">-ENS Economic Bureau</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&rdquo; the Finance Ministry said categorically at that time the study was commissioned.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.</div><div style="text-align: justify"><br /></div>',
	'lang' => 'English',
	'SITE_URL' => 'https://im4change.in/',
	'site_title' => 'im4change',
	'adminprix' => 'admin'
]
$article_current = object(App\Model\Entity\Article) {

	'id' => (int) 13069,
	'title' => 'Jury’s still out on amount of black money stashed abroad',
	'subheading' => '',
	'description' => '<div style="text-align: justify">
-ENS Economic Bureau
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&rsquo;s black economy.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&rsquo;s black economy.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&rdquo; the Finance Ministry said categorically at that time the study was commissioned.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.
</div>
<div style="text-align: justify">
<br />
</div>',
	'credit_writer' => 'The Indian Express, 15 February, 2012, http://www.indianexpress.com/news/Jury-s-still-out-on-amount-of-black-money-stashed-abroad/912110/',
	'article_img' => '',
	'article_img_thumb' => '',
	'status' => (int) 1,
	'show_on_home' => (int) 1,
	'lang' => 'EN',
	'category_id' => (int) 16,
	'tag_keyword' => '',
	'seo_url' => 'jurys-still-out-on-amount-of-black-money-stashed-abroad-13190',
	'meta_title' => null,
	'meta_keywords' => null,
	'meta_description' => null,
	'noindex' => (int) 0,
	'publish_date' => object(Cake\I18n\FrozenDate) {},
	'most_visit_section_id' => null,
	'article_big_img' => null,
	'liveid' => (int) 13190,
	'created' => object(Cake\I18n\FrozenTime) {},
	'modified' => object(Cake\I18n\FrozenTime) {},
	'edate' => '',
	'tags' => [
		(int) 0 => object(Cake\ORM\Entity) {},
		(int) 1 => object(Cake\ORM\Entity) {}
	],
	'category' => object(App\Model\Entity\Category) {},
	'[new]' => false,
	'[accessible]' => [
		'*' => true,
		'id' => false
	],
	'[dirty]' => [],
	'[original]' => [],
	'[virtual]' => [],
	'[hasErrors]' => false,
	'[errors]' => [],
	'[invalid]' => [],
	'[repository]' => 'Articles'

}
$articleid = (int) 13069
$metaTitle = 'LATEST NEWS UPDATES | Jury’s still out on amount of black money stashed abroad'
$metaKeywords = 'black money,Corruption'
$metaDesc = '
-ENS Economic Bureau


&nbsp;


Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens...'
$disp = '<div style="text-align: justify">-ENS Economic Bureau</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled &lsquo;The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008&rsquo;, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India&rsquo;s black economy.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. &ldquo;So far, there are no reliable estimates of black money generated and held within and outside the country,&rdquo; the Finance Ministry said categorically at that time the study was commissioned.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government&rsquo;s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.</div><div style="text-align: justify"><br /></div>'
$lang = 'English'
$SITE_URL = 'https://im4change.in/'
$site_title = 'im4change'
$adminprix = 'admin'

include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51

Jury’s still out on amount of black money stashed abroad

-ENS Economic Bureau   Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.   Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the question being asked is whether AP Singh had anything substantive to back his claim? The first study on unaccounted money was conducted by the National Institute of Public Finance and Policy (NIPFP) way back in the early 1980s and a paper was subsequently published in 1985, but the estimate very critisised for being unreliable. Following this, in 1999, Jawaharlal Nehru University (JNU) professor Arun Kumar undertook an independent study that tried to assess the various aspects of India’s black economy. More recently, in 2010, Washington-based Global Financial Integrity (GFI) came out with a report titled ‘The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008’, which pegged losses on account of illicit financial flows due to tax evasion, crime and corruption at $462 billion. This figure has been used extensively by the opposition parties, especially the BJP, as ammunition for cornering the government during debates on the black money issue. On its part, the government has set up two study groups to look into the issue. A high-level committee under the chairmanship of former CBDT (Central Board of Direct Taxes) chief MC Joshi was appointed in June last year to study the generation and curbing of black money. The draft report of the panel has reportedly refrained from putting an exact figure on the size of India’s black economy. Around the time the Joshi-led panel was announced, the Centre, in March 2001, commissioned another in-depth study to quantify unaccounted income and wealth stashed within and outside the country. Work on the study is being undertaken by the National Council for Applied Economic Research (NCEAR), NIPFP and National Institute of Financial Management (NIFM) and they have been given a 16 month time-frame. “So far, there are no reliable estimates of black money generated and held within and outside the country,” the Finance Ministry said categorically at that time the study was commissioned. On December 14, during the course of the debate on the black money issue in the Lok Sabha, the Finance Minister Pranab Mukherjee repeated the government’s position on the issue and stopped short of hazarding a guess on the exact amount of money stashed abroad, claiming that as FM, he did not have the liberty to quote any random figure.