Pulimood, Trivandrum: Professor R Vaidyanathan, the Professor of Finance and Control from IIM Bangalore, said that bringing back the trillions of dollars of Indian money kept in tax safe havens like Switzerland is not so difficult. However, he doubted whether the government had the will to do it.

Prof. Vaidyanathan talks about the need to get back the Indian money stashed abroad

Prof. Vaidyanathan was lecturing on “Effect of Black Money In The Indian Economy” at the monthly lecture conducted by the Bharatiya Vichara Kendram. “When the recession struck the west, countries tried to get the money their citizens had stacked away in tax havens. India should also put pressure on these places to get back their share. Countries like Switzerland have a huge investment in our country. We should ask them to cooperate or face the consequences,” he said.