Tuesday, November 15, 2016

In Support of demonitising of Indian currencies of higher values

In Support of demonitising of Indian currencies of higher values
Cash based transactions or physical currency transactions are the major reasons of crime. Cash is to be kept hidden from people and criminal. For a human being and its financial progress we find so many security measures which demand huge labour, money, time and so on.Terrorists across borders, Naxal terrorists, criminals and corrupt people inside are attacking the weak health of nation. It is true that they are powerful because of fake Indian Currencies of higher denominations in Thousands of Crores, illegal supply of ammunition and hoarding of our legal higher currencies through wrong means.They are killing our own people.They are murdering our young children. They facilitating corrupt systems in to our administration. They are pumping and promoting wrong medicines in the health systems. They have been into GM crop promotion and spoiling our biodiversity. They are promoting low quality gadgets and materials in the name of globalisation treaty. They are weakening the economy and facilitating inflation to rise. They have taken our sleep away. How to finish them.? The best way is to demonitising them. Govt official source says more than 85% of total currencies published were of higher denomination . Today what we faced is due to shortage of currencies of lower denominations. PM Modi and team should have prepared , printed and circulated enough currencies while preparing themselves for this change. Whatever he has done is remarkable. At one shot his Govt. deactivated above criminal activities and also stopped bribing voters of coming election in several states. Thus he could handle further criminal activities and criminalizing the process of voting system. Parties in power will face serious problems and some of them may vanish from coming election too. Corruption and criminalisation in election were becoming an election winning strategy for all the parties. This sudden change has created tremendous change in Indian election space. Cashless transaction will have complete record.

Cashless transaction requires people's awareness. This change at present made people at remotest part of India aware of power of money and currency in hand. They also realised the risk of physical cash that is the major reason of criminal activities in their own live. In India and all over the world people from different countries and culture always preach that money is the reasons of all the difficulties and conflicts. Therefore they try to hide those do not discuss abut those in public. We can make the currencies invisible but not the money. Money is a power meant to bring prosperity in he world. Making currencies invisible from market will definitely minimise criminal activities and strengthen the power of money. But making currencies invisible by corrupt people and criminals will increase the plight of people and money power of the nation. The old basics of economy is failing because of poor understanding of economists about money and currencies. Their Universities are still believing on the old theories too. There is a need to make Universities to become SMART and modern as there have been significant changes in economic behaviour in people and use of good technologies in accounting process and planning that is going more precise and accurate. Absurdity and superficial apprehensions have meaning now to bring wellness of mass. Everything is going to be focused , pinpointed and purposeful for the development of all.