Indian Express: The government went into an overdrive to deal with the menace of blackmoney and promised a White Paper on the issue as demands for bringing back the ill-gotten wealth stashed abroad gathered steam in 2011. Against the backdrop of various estimates on the quantum of such illegal funds, the government constituted expert panels to make a realistic assessment of blackmoney and suggest ways to curb its generation. The unconfirmed estimates of blackmoney stashed in Swiss 
billion to USD 1,900 billion. Finance Minister Pranab Mukherjee announced in Parliament that a White Paper will be issued on blackmoney, while disclosing that government has received 36,000 'pieces' of information with regard to Indian account holders in banks abroad. Social activists Anna Hazare and Yoga guru Baba Ramdev began hunger strikes against corruption and blackmoney and demanded a strong anti-corruption legislation and to bring back blackmoney stashed abroad. Read Full: Blackmoney: a most discussed topic in 2011 - Indian Express
