Saturday, September 5, 2009

Economic Terrorism

The seemingly simple title ' Economic Terrorism ' is a major plot to destabilize the nation's economy. It's proclaimed that 15 % of the present liquidity is made of fake notes and is indeed dangerous to the luxuriant growth of the economy. Who actually is behind this fake note racket ? what is their motto to take such a huge risk ? What is the effect on the Indian economy if these notes are in circulation ? are the primary questions for which i am going to expound in the article.

Pakistan is alleged to be behind the plot and the ISI abets the perpetrators to take a new path of destabilizing the nation. It is statistically proved that Pakistan is importing currency printing paper which is more than 50 % of its requirement for printing its own currency. The notes of denominations 100 ,500 & 1000's are prepared in Pakistan and infiltrated to India via Pak- Uzbekistan- Nepal borders, also, Pak - Saudi- Singapore - Malaysia ( which is notorious for its underground activities )- Srilanka/ Bangladesh and then to India. Denizens in India having a good political clout get these notes or indeed buy them for 2:1 ratio ( one original note will be given in exchange for 2 fake notes) and use for the elections, real estate etc., purposes where huge physical transfer of money is involved. Thus they reach the common man and hereafter circulated amongst them.
Reserve Bank of India monitors the liquidity in the nation and takes necesary steps to keep inflation under control. The increase in liquidity because of currency infiltration besets the policies of the RBI in the due course. Also ,these huge amounts are proclaimed to be even operating in the BSE ( Bombay Stock Exchange) and this is the real matter of concern for the economy watchman. Any wanted inflow or outflow of huge money into or from the stocks trepidates them which are already vulnerable. This really is a matter of concern for the government. Also ,Consumer spending increases to the unwanted levels leading to an imbalance in the demand supply curve which results in ininflation .
To destabilize the economy of the nation and to cause furor is the prime motto behind the activity . I believe the following actions should rescue the economy from being diluted .
1) Severe security at the borders
2) Frankness among the citizens by handing over the fake note to the officials
3) Printing the new currency by considering the fake percentage of currency in the market
4) Considering seriously the black money vs fake currency factor by the RBI could alleviate the intangible economic terror ( Due to corruption crores of rupees is being blacked out by the bureoucrats and the politicians . A shrewd estimation of blacked out original currency and infiltrated fake currency is definitely needed to maintain the stability).

Sunday, August 23, 2009

INDIA DECIDES

The recent verdict by the people of India for the 15th Loksabha elections bemused many polictial analysts and the mainstream Politicians. It has thrown a lime light on the decision made by them on the economic situation ( especially Job losses and Inflation ) nationally and globally. Being the largest elctorate in the world of around 40 crore less than 40 yrs , voters across the nation have shown a matured choice against the Communism and Communalism.

The battle to make the magic number 272 in Sansad has begun with three ( even four) alliances with their Prime Ministerial candidates being extremely influential in thier respective domains.

UPA: The United Progressive Alliance constituting mainly of INC,DMK Tamil Nadu ,UDF Kerala and many other regional parties unanimously agreed Dr.Manmohan Singh as thier Prime Ministerial Candidate. Also the Rahul Gandhi Factor played a mojor role in attracting the youth of Uttar Pradesh , Andhra Pradesh ( Y.S.Jagan S/o Y.S.Rajasekhar Reddy the current CM ) and many states ,from where it grabbed a major share of votes.The middle class trusted in the virtues and profile of Dr.Manmohan Singh and i think unanimously voted for UPA for the economic stability. Recession and avg age of the Congress Party including the current Parliamentarians have played a major role in these elections.


NDA: National democratic Alliance led by BJP claimed as a redoubtable opponent for UPA faced an ignominous defeat ever seen in the past 2 decades. Major factor for its defeat being the absence of Atal Bihari Vajpayee the face of BJP since 1984. The cold war between L.K.Advani and Manmohan singh could be a triffle factor for BJP's defeat. Also the poor performance of Yediyurappa in Karnataka since the last year state assembly elections again made the ground lose in South India. I sincerely admire the idea of L.K Advani of bringing back the Black money fiddling in the Swiss Bank accounts and using it for development projects. I think BJP could have taken an extra mile in making this a big election issue and grabbing votes. Also, the Kandahal issue and losing the support of BJD made BJP a Villain in the state of Orissa and Naveen Patnaik a Hero.

Third Front : So called Third Front - formed by the majority of allainace partners from UPA and NDA ;led by BSP chief Mayawathi and the least Left, Deve Gowda's JDU etc . The verdict of people for Third Front is as expected i.e., Swept Out . Even Laloo Prasad fence sitter for UPA and Third Front lost in one of the 2 constituencies. Chandra Babu Naidu with his Cash For Transfer scheme attracted a huge amount of electorate , ofcourse in the assembly elections and not at the Centre. People of Andhra Pradesh have voted intelligently for development and wiped out caste cards played by PRP and the CTS scheme by TDP.

On the whole , the LEFT were left out as expected in both its home towns Kerala and West bengal .Markets welcomed UPA with all smiles. People like Sachin Pilot, Jyothiraditya Scindia , Agatha Sangma (28) and few other < 40 figures including Meera Kumar the speaker , trying hard to make their presence felt in the Lok Sabha. Also, in BJP as expected a big fight for the successor has taken its way. Hope fully, this verdict of India gives a chance for the stable govt to take more independent decisions thus leading to the economic and political stability of the Nation.

Vinayak Chaturthi – Is it a must to celeb???

The recent NASA report about the lowering ground water levels in the sub continent shook many a Indian. Immediate measures are to be seriously taken up. The Onus depends not only on the Government but also on every educated citizen who is really concerned about the nation’s or indeed their own future in the years to come. For the past one year citizens must have been habituated to Inflation , Recession , Terrorism , etc. But the unseen worse problem which we are yet to face is the DROUGHT and the Water Scarcity. I am neither an athiest to fetter the devotees from celebrating the Vinayak Chaturthi nor I am an uncanny orthodox extremist to celebrate the festival despite the fact that the Nimarjan demands huge water resources. My unfeigned suggestion to the fellow readers and the local level Ganapathi Idol organizers is to rethink before establishing the Idol as it really consumes considerable amount of water resources for the nimarjan activities. Every time we see Lord Ganapathi not only in every colony but also in every gully. All the apartments in a colony establish their own Idol for worship. Instead club with two other near by colonies and establish the Ganapathi.This really reduces the water requirement for Nimarjan to nearly one third. It is in our hands to protect our resources while preserving the tradition.