Pande, Anup K. creator text xu| 2003 continuing ng p.718-722. The dividing line between the black money and proceeds of crime is thin. The Indian economy has been bedeviled over the decades not so much by proceeds of crime but by black money. This vast reserve of black money is also source of funding for terrorists and anti-social activities. It is to be seen as to how much the recent law on money laundering is effective in checking this menace. Other laws on the economic offences have failed to deal adequately even with minor offences. - Reproduced. Money - India Money Indian Journal of Public Administration 180718