Came across this amazing blog post by Chandresh Adhiya
He writes:
“Black money of politicians was slowly being withdrawn from cash havens like Swiss Accounts, Mauritius etc and being brought into economy, only best industry where maximum black money can be absorbed is Real Estate……Majority of this money has caused hike in prices and during election all these money will be sucked out of system…..Minimum amount that will be sucked out by elections would be INR 5000 per vote X 250000000 (25 crore voters who vote only when they get money) = 1250000000000 (Hundred & Twenty Five Thousand Crores)….Imagine what will happen to already cash starved industry when this amount is pulled out ?”