Skip to main content

Hail India for embracing this HISTORIC MOMENT !!

Nation has witnessed a historic moment, in fact in the night of 8th Nov India had its tryst with the destiny.
But sad some persons are trying to fool the nation and some arm chair intellectuals are professing the doomsday for the historic leadership. They are living in a fool’s paradise. They are disconnected individuals figh
ting their last battle to save their bastion. Let me first talk about the goodness of this move:
1.      Check on the Terror Funding
2.      Check on Counterfeit Currency
3.      Check on the Inflation
4.      Check on the Spiralling Real-estate Pricing
5.      Check on the illegal Political Funding
6.      Check on the Rent-seeking Bureaucracy 
7.      Check on the Crime Money
8.      Check on the Bribe Giving
9.      Dismantling of the Parallel Economy
10.  Cashless Transaction
11.  GST Implementation
12.  Interest Rate reduction
13.  Rupee Strengthening
14.  Unearthing of Ideal Cash, Leading to Investment
15.  Creating Central KYC
16.  Ease of Doing Business
17.  Import Control
18.  Higher Tax Collection- More Spending in Social Sectors
Some people have overnight turned into Messiah of poor people and  they are talking about the pain common man is suffering on following grounds:
1.    ATMs are dysfunctional
2.    Banks are exchanging just Rs. 4,000/-
3.    Maximum money withdrawal from ATMs per day is Rs 2,000/-
4.    Unavailability of Rs. 500/- notes
5.    Long ques of people standing in the line for money
6.    Common man not able to buys foods and other consumer goods
My logic defies all this claims:
I agree and well appreciate the troubles faced by common man but I know these are not as horrendous as they are being portrayed. My understanding says that the panic situation is more of reactionary in nature, (out of fear, miscommunication and cynicism of vested interests) then crisis-oriented. My understanding is premised on following facts:
1.      Why people are forgetting that we are living in the same country where in March’ 12 Planning commission have declared that anyone with a daily consumption expenditure of Rs. 28.35 and Rs. 22.42 in urban and rural areas respectively is above the poverty line i.e. at the national level, anyone earning Rs. 672.8 monthly in the rural area and Rs. 859.6 monthly in the urban area is above the poverty line. C Rangrajan Committee declared Urban Poverty Line of Rs 1407 Per Month per Person and Rural poverty line Rs. 972/- per Month Per Person. So how is the exchange of Rs. 4000/- and disbursement of Rs 2000/- from ATM is problematic to ‘COMMON MAN’ in terms of insufficiency of funds.
2.      About ATMs being dysfunctional and delay in printing of Rs 5,000/- notes: (First lot of 5 million Rs. 500 currency has already been dispatched from Nashik Currency press). It was very important to maintain the secrecy of this move, when there has been airtight secrecy there is so much of the murmur and claims by opposition parties. So there was practical limitation in going for all out preparation. The soul of this scheme was secrecy, which could not have been breached.
3.      Long ques of people standing in the line for money: It is painful but I feel in our country this long que is not a very big deal, reason being people in our country stand in row even for free JIO sim. In this country people have to stand for water in big que even in metropolis. Everyday people stand in que for booking tatkal tickets since 12 in the night till 10-11 AM in the morning. Come on! People of this country are too strong to be deterred by these spikes.  
4.      This is the same country in which 75-80 % people are ready for an all-out war against the terrorism and terror sponsor country Pakistan. Imagine the situation had there been a war against Pakistan, what would had been the situation and how would have people reacted to war time miseries. My dear friends Country today is facing more internal threats than external ones. A fight against black money should be welcomed even at the cost of short terms pain. Please find the number of people who sleep without food in the night, please find the number of road deaths in the country everyday and many other miseries which have been inflicted over us for last 70 years. We just want the end to all this even at the cost of short term pains. (Remind you at the time PM announced this measure I was having just Rs 350 in legal tenders and day after I got Rs 4,000/- exchanged, out of this Rs 3000 is still with me and trust me I am living a usual life)
5.      About ATMs: 70% of Indians are still living in rural India who are just served by around 8-10% ATMs, so how are the masses affected by dysfunctional ATM.
6.      About the chaos: One can well imagine the level efforts that go in organising a simple marriage in family, so little chaos here and there in this case is obvious. The dust will settle down in sometime.
I would just like to conclude by saying that the resilience of masses in India is beyond the comprehension of arm chair intellectuals. A little trouble here and there is worth taking for a ‘Better Tomorrow and Happier & More Prosper India’.
My dear countryman at the end I would like to wish to congratulate you for witnessing the emergence of ‘India of Our Dreams’.

Your Fellow Countryman 

Comments

Popular posts from this blog

Stop Crying Foul until U dare to Change It !

Sitting in a 10ft by 10ft room, wrapped in a thin Makhmali, Jaipuri quilt, TV remote in the hand, watching Arnab Goswami on Times Now or Rajdeep Sardesai on IBN Live or 5th day of India-England test series, some light hand made biscuits along with hot Nescafe Chocolate latte and in between few calls from friends and family and Facebook status update through Blackberry ( Mostly liking each other's status and photograph in b/w commenting on few posts mostly containing smileys (depicting mechanical emotions))    ..I guess these things can be obvious choice for a professional working for scheduled 9 AM- 5 PM  stretched up to 7  PM on a normal, non-traffic, non-deadline days. Choices of TV channels may vary and menu for evening snacks may depend on the number of days passed since one receives the salary..Okk, now 'Stupid' tablets have replaced 'silly' cell phones for Facebook updates..so these are little variations, rest ...

Declaration

Since childhood, perhaps due to social surroundings & family background I used to be interested in political incidents. I always have my own view towards the things, which though at times may swing but they use to be firm, but I have always found them justified. So, I wish to categorically declare it that what ever I will write here is my personal view is not intended to hurt anyone or any organisation & it should not be used anywhere without my permission.