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Byline: T.C.A. RAMANUJAM
The fiscal year 2011-12 will go down in India's financial history as a year in which black money stashed in Swiss banks became a big enough issue to rouse the public conscience for demanding swift and stern action for retrieving the money lost in tax havens. Baba Ram Dev and Anna Hazare kindled the fire and the Supreme Court further stoked the fire by calling it aoePlunder of the Nationa.
The Government was forced to come up with a response detailing the measures taken to fight the menace. India has joined the Task Force on Financial Integrity and Economic Development in the hope that it will help India build the capacity to trace terror …