The following are some of the news in various dailies.We may be shocked to know that the black money deposits from India comes around two hundred eighty lakhs crores of which seventy lakhs crores are in Swiss bank.This much money is remained un- utilised in foreign countries.Besides ,India has a collection of fifty thousand tons of gold. Diamonds and other precious stones extra.Thus how can be an economic break down in India?Again the resident Indians have a bulk of black money .This much money has not been used by people .This wealth must be productively transacted and we must avoid foreign deposit.No need of foreign establishments in our country.People can have a tax- free life.