Prof R Vaidyanathan on PM's statement on Black Money in Tax Havens

PM says in Parliament that illegal wealth kept by Indians in Tax Havens is USD 140 Billion. 
That is at Rs 45 for USD it is  Rs.6,30,000 Crore [6.3 Lakh Crore rupees]. The economic survey [2009-10] suggests that our GDP at market prices for 2009-10 is Rs 61.64 Lakh crore [Advanced Estimate]
This means slightly more than 10 percent of our current GDP is illegally kept abroad.
Unfortunately PM has not given any source for his estimate. 
But very useful first step. I Am sure this will be quoted for a long time 
http://beta.thehindu.com/business/article176124.ece
India will ensure return of black money from overseas: PM

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