Showing posts from November, 2016

Who Is The Biggest Benefactor Of Narendra Modi’s Demonetisation Plan? No, It’s Not Who Arvind Kejriwal Told You So!

If you are living in India, you for sure know how Prime Minister Narendra Modi’s late night speech of November 8th changed the daily life of every resident (okay, probably not all but most). That was the night when PM announced to the whole nation about demonetizing rupees 500 and 1000 notes. Government said its implications were huge.
Demonetisation, announced by Modi on November 8, that made currency denominations of Rs 500 and 1,000 — Rs 14.1 lakh crore, or USD 211 billion, in circulating cash — illegal tender overnight, is undeniably a good idea, if one believes that citizens and their transactions must incur tax, that is. Only one per cent of Indians pay tax. Black economy makes up as much as 20 per cent of India’s total GDP, amounting to USD 1.74 trillion in PPP terms.
Anand Ranganathan wrote in Newslaundry. He further wrote,
The denomination made illegal tender in 1978 by Morarji Desai made up just 0.6 per cent of India’s circulating cash. What Narendra Modi has ma…

If Narendra Modi Is Serious About His ‘Surgical Strike’ On Black Money Then…

IF is the word to remember all the while.
At 8:15 PM on November 8, Prime Minister of India, Narendra Modi in an unscheduled live televised address to the nation announced the circulation of all ₹500 and ₹1000 bank notes of the Mahatma Gandhi Series as invalid and announced the issuance of new ₹500 and ₹2000 banknotes of the Mahatma Gandhi New Series in exchange for the old banknotes. This step was lauded by all (at first) for its boldness and, showing resolve to fight the menace of counterfeit notes running in market and taking fight against Black Money which was Modi’s big electoral promise to new heights. This was initial response (read mostly from social media). But next day when sun rose and people started to function in real world, things got real. The questions on execution of this ‘bold’ step which had large scale ramifications started to make way into normal conversations. But on all that after-effects later. Let’s first dive into that one reason which government…

1984 Sikh Riots Or Gujarat 2002 — All Had A Thing In Common Which We Should Never Forget

Data, data and data! Data is everything. One who has information is the king. Like Napoleon Bonaparte once said, War is ninety percent information. Past is long buried but history should never be buried without learning the lessons it holds. That’s how we progress as a society. Wars have been won and lost with that last bit of trivial information. So undeniably, information is at the heart of everything we do. In a 21st century where information can be obtained by few clicks, we are at a larger risk than ever if that important piece of data stored in remote machines lands into wrong hands. 
The Unique Identification Authority of India (UIDAI) is a central government agency of India. Its objective is to collect the biometric and demographic data of residents, store them in a centralised database, and issue a 12-digit unique identity number called Aadhaar to each resident. (wiki)
People have always questioned Aadhaar; BJP and PM Narendra Modi (then CM of Gujarat) included. Questions ab…