A World of Thoughts

  Black Money is money earned by an individual or a citizen without the knowledge of the government of his country! White money is what he earns with the knowledge of his government and pays tax for.   Similarly, Black Tax is that income which the government gets without the knowledge of the common man of their country! While the white tax is the one that the government collects directly from its citizens.   You may be wondering, is there any income that the government might get beyond the known taxes. Yes, there are many that would of course, be brought under the accounts but might be pretty far from proper utilization!   Black Tax, like black money, is very harmful for the economy, in the sense that it generates black money; it is the source of creation of inequality; using this the government misappropriates public wealth which could go to anybody’s kitty and so on. In short, many activities that have negative connotations have their beginnings in Black Taxes!   So, let us take a qu

If we have to trace the long history of electricity in Tamil Nadu then we need to start possibly at or around 1980s. With the political upheavals of the 1980s the economic stature of India took a complete slowdown.  The GDP growth rate fell to one of the lowest in the history of independent India by 1990. More important events happened in the end of 1980s. The economy spiralled down so much that the country ran into major economic crisis. Economic Trend Country stared down a very large balance of payment issue.  With a new government stepping in, 1992 became a watershed year for Indian politics as well as economy.  Power was and is the driving force behind economic growth, particularly, for third world developing nations. A struggling India, initiated many reforms in the market, including the power sector.  With the dearth of capital that bogged the 1960s long behind us, the country accepted the shift to capitalistic economy. Power industry now saw the birth of new private power compan