Tuesday, 22 November 2016

currency crisis



The media is giving extensive coverage of the daily ordeals of the common  people faced after demonetization effected without proper preplanning regarding logistics related to this” surgical strike” on honest citizens , who do not even understand the reasons for the daily changes brought out in withdrawal and exchange of currency through banks and ATMS .Yet the , the spoke persons of the BJP party demonstrate everyday , in TV debates on this subject , their utter insensitivity regarding the sufferings of the people. How can the FM say that , he himself has seen short queues , as if he doesn’t know that,  the reason is shortage of cash  in the banks and ATMS and the confusion created by daily announcements regarding exchange and withdrawals . When rational and genuine questions are raised regarding why such a massive exercise of recalibration of ATMS machines are  attempted, instead of printing the new currencies in the same size as the older ones with new designs and additional security features and why the lower denomination currencies such 20, 50 and 100 were not printed well in advance in huge quantities , proper answers are not given. People have developed a hatred for Rs 2000 notes , because the difficulties they face while handling them . The judges of courts  seem to understand very correctly the ground realities and sympathetic to people’s daily hardships than the government elected by the same people with high hopes.

The messy implementation of demonetisation measure



The attempt of the BJP government to unearth black money through demonetization of the Rs 1000 and Ra 500 has created more  chaos and confusion and untold miseries to the law abiding honest middle and poor class Indians . The whole operation has become so messy due to administrative lapses and logistic failures. Doesn’t the  RBI aware of the quantum of money  that would be exchanged after the declaration ? Didn’t they expect poor and middle class who have no considerable bank balance and depend on their daily or monthly  income  for all types of their family expenses  become panicky and rush for exchanging the available old currency for the new ? They could have closed the ATMs one weeks before this emergency measure under some false pretext and used that time to change the soft ware to suit new currencies and filled up the ATMs with required money for smooth flow of currency . they should have printed new Rs 500 in large quantity and made efficient arrangement to distribute it to all the bank branches in India . Why should this government undertake this massive operation if thay could not make proper preparation before announcing the denonetisation of currencies. Why should I who have my own money in my account , stand for hours together in the queue and go back empty handed when the banks close down their shutters saying the cash s stock is over?. When all the corporates, politicians and other black money holders relax comfortably in AC comfort and watch the sufferings of middle and poor class persons as a big thamasha unfolding through the TV channels ? Does Modi thinks it is only few thousands which the middle class keep at home for emergency and expected big expenses for medical ,marriages. Funeral  and educational fees  is the balck money pralysing the economy?  The authorities had  also failed miserably in ensuring continuous supply of new currencies to the banks and post offices and thus put enormous pressure on the Post office and bank employees.   The net result is, loss  productive hours for those who stood in the Queue,  strain for the senior citizens who could not sign in  their life certificates and draw their pension ,loss of income to the daily wage earners who visited various ATMs , banks and post offices with desperate hope of exchanging meager money to feed their families. Once again this government has proved that this nation is not for the poor to live with dignity . What a  mess in administering this monetary measure to control black money ! It is highly irritating to listen to the BJPs spokes persons ,advising patience to the common people in the name of  nationalism. All of them should be made to run between post offices, ATMs and banks and made to stand for hours together to feel the pain of others, instead of made to sit AC  rooms with boot, suit and tie and give sermon for others. Mr. Jetley should be made to stand in the queue under the sun and in the road for three hours for making cosy and insensitive statements through the TV channels . his statements cause much irritation .An inefficient   government should not have undertaken this serious and major operation if they can not be in full form of preparedness .

Thursday, 17 November 2016

pin for the common man and gain for the fraudsters



Okay, now Modiji has succeeded in creating lot of inconvenience and fears in the minds of tax paying honest citizens , small traders  , small cash keepers for emergency expenses ,farmers and daily wage earners by the  demonetization of high value currency notes and wiping out the  “black money” from these sections . Will he now,  continue this war against  black money with the same vigor and vitality by stringent monetary , fiscal and economic measures on the various mafia groups connected with land, real estate, mining , sand , drinking water , distribution of cash for votes , higher education , gold smuggling ,havala transactions and the  corporate houses bribing politicians and political parties in the form of huge donations and the corrupt bureaucrats ? It is very pathetic to see the visuals in the electronic media in which humble and law abiding citizens who are sweating out in the serpentine queues day in day out , for the whole week  ,  before the bank counters and  telling  sincerely ,  those who interview them that, they do not mind the hardships,  since it is in the interest of the nation . Can we fool all the people all the time? How many of those harmless citizens know the details of the Reddy brothers family wedding and how many of the VVIPS of the nation and particularly politicians from all the major parties attend that wedding ? This is only a sample of what stringent measures to unearth black money from big fish , are going to be taken immediately after the surgical operation on common people .

Sunday, 13 November 2016

A very messy operaion of demonetisation of the currencies due to logistic failiure and administartive lapses



The attempt of the BJP government to unearth black money through demonetization of the Rs 1000 and Ra 500 has created more  chaos and confusion and untold miseries to the law abiding honest middle and poor class Indians . The whole operation has become so messy due to administrative lapses and logistic failures. Doesn’t the  RBI aware of the quantum of money  that would be exchanged after the declaration ? Didn’t they expect poor and middle class who have no considerable bank balance and depend on their daily or monthly  income  for all types of their family expenses  become panicky and rush for exchanging the available old currency for the new ? They could have closed the ATMs one weeks before this emergency measure under some false pretext and used that time to change the soft ware to suit new currencies and filled up the ATMs with required money for smooth flow of currency . they should have printed new Rs 500 in large quantity and made efficient arrangement to distribute it to all the bank branches in India . Why should this government undertake this massive operation if thay could not make proper preparation before announcing the denonetisation of currencies. Why should I who have my own money in my account , stand for hours together in the queue and go back empty handed when the banks close down their shutters saying the cash s stock is over?. When all the corporates, politicians and other black money holders relax comfortably in AC comfort and watch the sufferings of middle and poor class persons as a big thamasha unfolding through the TV channels ? Does Modi thinks it is only few thousands which the middle class keep at home for emergency and expected big expenses for medical ,marriages. Funeral  and educational fees  is the balck money pralysing the economy?  The authorities had  also failed miserably in ensuring continuous supply of new currencies to the banks and post offices and thus put enormous pressure on the Post office and bank employees.   The net result is, loss  productive hours for those who stood in the Queue,  strain for the senior citizens who could not sign in  their life certificates and draw their pension ,loss of income to the daily wage earners who visited various ATMs , banks and post offices with desperate hope of exchanging meager money to feed their families. Once again this government has proved that this nation is not for the poor to live with dignity . What a  mess in administering this monetary measure to control black money ! It is highly irritating to listen to the BJPs spokes persons ,advising patience to the common people in the name of  nationalism. All of them should be made to run between post offices, ATMs and banks and made to stand for hours together to feel the pain of others, instead of made to sit AC  rooms with boot, suit and tie and give sermon for others. Mr. Jetley should be made to stand in the queue under the sun and in the road for three hours for making cosy and insensitive statements through the TV channels . his statements cause much irritation .An inefficient   government should not have undertaken this serious and major operation if they can not be in full form of preparedness .

Saturday, 12 November 2016

The cruelty of nationalism test



We do not know whether India is a vibrant democracy or not. But we surely believe that , it is undoubtedly a functioning democracy in spite of several acts of intolerance exercised by the politically strong  parties and certain militant fringe groups attached to them and operating in different parts of India. In recent years  they have become emboldened to curtail the personal  freedom and fundamental rights of the citizens  in several matters ,  particularly  of the media, creative persons , the minorities and the poor . Some times they even challenge the judiciary , a very dangerous trend .What is worrying is their ability to  succeed  in achieving their agenda of intolerance and it is very difficult to understand the failure of the ruling central and state government to resort to the exercise of  the rule of law to control them effectively . Is not silence over these acts of intolerance understood as acceptance of their hooliganism? It is very sad that , people belonging to the minority groups  are threatened repeatedly   by these  fringe groups to declare their patriotism and nationalism tokenistic actions   .They are permanently under suspicion list. let the  government conduct a national level written  test for all the Indians on patriotism and issue  a  pass certificate on it   so  that,  they will not be subjected to the cruelty of proving their nationalism repeatedly .