Who is responsible for Mumbai Bomb blasts?
Dawood Ibrahim? Wrong!
Tiger Memon? Wrong?
The answer is Late Morarjee Desai -
And whole lot of RBI and GOI officials who were behind 40 years of legislation which has created India’s underworld, corrupted 4 generations of India Government officials and reduced the value of Indian savings by Rs.1,20,000 crores. (4000 tons of gold purchased by Indian consumers at a 30% premium at todays value - do your numbers).
The Indian development idiom has been imported - for instance, the Five Year Plans from
The other big disadvantage - English language.
In the 1960s, most of the world was buying gold at an artificially low price US$35 - and the
March 15th, 1968. Finally, US support for gold prices stopped at consumer level.
From practically, 1939, (the start of WW2) gold imports into
Our finance minister at that time - Late Morarjee Desai.
The other thing that happened was that gold imports went underground.
Gold (illegal) imports (called smuggling) spawned biggest criminals that
These laws corrupted four generations of Indians Government and politicians. It made gold in