#* The extent of black money generation in India:
India has been ranked the fourth-biggest source of black money in the world, with $510 billion worth of illicit financial flows during 2004-2013, or $51 billion annually, on average. This was stated in a report which was released recently by Global Financial Integrity (GFI), a research and advisory group based in Washington.
China tops the list for 2004-2013, with $139 billion average illicit financial flow per annum, followed by Russia and Mexico.
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