If you see the PNB scam I feel more than the politician the people in powerful places can also do many things to gather their wealth. So I feel this rule of declaring their assets before joining and during every promotion and at the time of retirement also. Then only there may be a change in these people. Otherwise, the politicians and governments officers are making merry with the money of the public.
'Idhuvum Kadandhu Pogum "
Even this challenging situation would ease
Honesty is the best policy.
The basic problem is that some people with the help of CA and other finance professionals give a fabricated picture of their assets which is difficult for even the Govt agencies to dig out.
It is a matter of great surprise that people owning barren lands claim that they are earning a lot from agriculture products. It means Govt should impose tax on agriculture income also if it is more than a particular limit which the normal farmers earn.
Even after this welcome directive of the court the clever people will show their illegal income in the shade of other sources like agriculture.
These people are the real hoarders of black money. The case of late Jaylalita is well known and she was able to show her assets worth 500 crores which were accepted by the court.
It is also very strange that when a person gets a high post in Govt either as a beaurocrat or a politician his ancestral and agricultural wealth increases tremendously.
Knowledge is power.
If the SC ruling is enforced in true spirit with stringent action against people who default or people who have unexplained sources, politics in India would lose its appeal. Today, there are many people in power who have more funds and assets than a rich company or a business house.
How can politicians who declare hundreds of crores of assets have got it via legal means? There would many courts set up separately to handle the volume of disputes that arise from such disclosures. If we start to act in principle against such people there would be few good honest politicians left out in the country.
I think, along with such rulings, the SC also should insist every party to submit statements of earnings and assets for each of its members especially those who are given tickets, it should hold the party top brass accountable if there is any discrepancy.
Well, that's an appreciable initiative on behalf of the SC judgement but the same needs to get taken care of by the central government as the central government has to ensure its implementation.