Nine in 10 citizens believe black money is still rampant in real estate
Reportedly according to a LocalCircles survey ‘The survey received over 46,000 responses from citizens located in 372 districts of India. 69% respondents were men while 31% respondents were women. 41% respondents were from tier 1, 27% from tier 2 and 32% respondents were from tier 3, 4, 5 and rural districts’. The survey first asked property owners: “Have you linked all your property (including agricultural or ancestral property) to your Aadhaar number?"Perhaps the question received 15,852 responses with 20% stating that “yes" they had linked all their property to their aadhar number; 62% stated “no" they had not done and 18% of respondents did not give a clear answer. The survey next asked citizens, “All ministers and government employees are required to disclose their and their direct family members assets on a regular basis. What should happen to those who aren’t making these disclosures?" The survey asked citizens, “It is known that black money of some politicians, government employees and others is deployed in the real estate and construction sector as many inputs in this sector can be purchased in cash. Should additional audits and checks be put in place to ensure that all purchases (products and services by builders and their sub-contractors are via GST receipts?"Moreover LocalCircles is a community social media platform that enables citizens and small businesses to escalate issues for policy and enforcement interventions and enables the government to make policies that are citizen and small business centric.