It's 2011. You're 16. You play "Party Rock Anthem" on repeat on your iPod Touch. Life is good. You get your first job and open your first bank account with the help of your parents. Time passes. You move. You age and become jaded. Jobs come and go, and you forget about that once glorious $986.59 you saved that one summer in high school. Now, it might be sitting in the vaults of the Bank of Canada, waiting for you to reclaim it.
The problem of unclaimed money/assets (from bank deposits, shares, mutual funds, insurance, pensions and government saving schemes) is not unique to India.