Pak Terrorists are happy with Arvind Kejriwal

Every year, Indian security is beefed up on events such as the Republic day to prevent any terrorist attacks that may discredit the country.

This year it appears that terrorists can relax since Mr Arvind Kejriwal has taken upon himself the responsibility to create a terror like situation in Delhi by calling upon his supporters to march on the republic day in the Rajpath replacing the republic day perade.

What an Idea!!

If such Mir Sadiqs are available within the country, Pak terrorists can take a holiday.

The intelligence agencies suspect that he could be kidnapped by the terrorists to enable release of Yasin Bhatkal. But it appears that Kejriwal in Delhi is a bigger terror tool than when even Yasin Bhatkal if freed. I suppose the terrorists would actually reward Mr Kejriwal with a “Pak Ratna” award!

Naavi

As a citizen of India

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Anarchy in Delhi.. Congress is equally responsible

The street protests organized by Mr Arvind Kejriwal has thrown open a challenge to the rule of law in India.

It is one thing to oppose police atrocities and to say that “Police exist mostly to protect the VIPs and not the people” (Statement of Mr Mohandas Pai) and another to tolerate the lawless ness unleashed by an elected chief minister of a state.

In fact there are many who want Mr Shinde to be thrown out of the union cabinet for his own anti constitutional actions of discriminating the crime scenario in India on the basis of community and vote bank politics. However the means to oppose him is not the means which Mr Kejriwal is adopting.

It appears that what Mr Kejriwal is doing is against the oath of office and as per the constitutional provisions, he should be deemed to have demitted his office. otherwise how can be say that he is an “Anarchist” and will “disrupt the Republic day parade”?

Congress government normally harps on a president’s rule whenever they dislike the actions of a state. However, in the present case, Kejriwal being a chief minister only because of the support of Congress and hence Congress is vicariously responsible for the chaos that prevails in the national capital for the time being.

It is essential that Congress moves in immediately and withdraws its support to AAP in Delhi and simultaneously LG rule is implemented in the City.

Other things including whether Police in Delhi should be under the control of the CM or not should be debated and action initiated for correction.

Naavi

As a Citizen of India

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Black Money Policy of Narendra Modi.. Here is My Idea

On 19th January 2014, Mr Narendra Modi (NaMo) unveiled his vision as a PM designate of BJP for the 2014  Loksabha elections. Out of the various points raised by him, one was on the bringing back of the Black money stashed abroad. (Refer dna aticle).

Here is my idea of how Black money in India can be controlled with a techno-financial solution.

The undersigned had way back in 2004 floated the idea of “Digital Value Imprinted Instrument System” (DVIIS) and even made a patent application for the system. As a follow up, an operative idea termed “ZeMo” cards (Zero Memory Smart cards) was also promoted as a universal solution for citizen identity management. plastic cards management, stamp duty management etc. (Refer: concept note). One of the applications of this ZeMo cards was the issue of bar code tagged high value currency notes which could be tracked by RBI through out the life of the currency note.

The patent was not pursued due to personal reasons but the idea continues to hold promise. It has been to some extent replicated in other areas including airline ticketing, prepaid stored cards and the aadhar card system.

Recently, the increased attention which Bitcoin has received has raised the debate on a need for a “Crypto Currency Policy” for the country.

There is a possibility that RBI may be mulling over developing a comprehensive policy on Crypto Coins. However such policies need the support of the political system too if they have to be adopted without controversy.

Now that NaMo has indicated a desire to work on a policy on Black Money, I would like to request him to consider how ZeMo can be used to meet the need to bring black money into official reckoning.

One of the estimates of total black money in India is that it is of the order of 30% of GDP or around Rs 25 lakh crores. Another estimate reveals that the estimated money stashed in Swiss Banks is of the order of US$ 1.4 trillion or Rs 84 lakh crores.  Some of the black money is in circulation in the Indian market particularly in the real estate industry. A huge amount is in the form of cash and circulated by politicians during election times. There is also a huge amount in the form of Gold.

(For Estimates of Black Money in India: Refer :ET-2012 article : HT Feb 2013)

Whatever be the exact estimate, it is huge and if even part of this is brought back to India and put to productive use, then there would be a huge benefit to the economy.

Hence a policy directed towards identifying and immobilizing black money is a good first step for economic revival in India. Mr NaMo’s idea of trying to bring back Swiss Bank deposits to India is therefore welcome. This was also in the BJP manifesto in the last election and is also being pushed by Baba Ramdev.

Dr Man Mohan Singh also claimed after the previous election that he would bring back black money from Swiss Banks within 100 days which however was not implemented.

We can however presume that there is a wide spread support for a move to bring back Swiss money back to India and also bring back other black money into official circulation.

One of the ancillary issues here is the fact that Pakistan printing fake currencies and putting it in circulation in India. The problem of fake currency is also important since it is common now a days to find fake currencies even in Bank ATMs.

In view of the above there is a need for a concerted effort in controlling black money.

This is however likely to affect many persons in business and some real estate owners who might have been forced into accepting black money because of the prevailing practices and high levels of taxation.

We may have to therefore look for a combination of a forced accounting of black money along with an amnesty scheme that makes the adverse impact of the measures soft.

Towards achieving this objective of making all currency in circulation accountable, I suggest use of the following system which is an idea that evolves out of the DVIIS system  but is a hybrid system between DVIIS and Crypto currency systems harnessing the benefits of both.

The ZeMo System of Indian Currency Management (ZeMo-INR System)

Essence of the system:

1. The scheme would involve issuing of a new series of currency notes starting with the higher denomination of Rs 10,000, Rs 5000 and Rs 1000. (The scheme may  be introduced gradually to cover Rs 500/- and Rs 100)

2. The current issue of Rs 1000 notes would be demonetized and exchanged for the new series.

3. The new series of currency notes would be issued with an embedded digital ID for each currency note that replicates the currently visible number of the currency note. Such ID could be as simple as a bar code or a QR code.

4. RBI will maintain a data base (Similar to the Crypto Currency Block Chain). New issues will be added to the block chain by RBI which will be the sole miner.

5.Verification of transactions would be enabled by all Bankers whose currency counting machines, ATM machines etc would be upgraded to read the code and add the transaction to the block chain.

6. Verification can also be done by members of the public who are authorized by RBI and also paid a commission for the services so that public would have a large number of “Authorized Currency Validators” who can confirm a man on the street whether the currency he holds is genuine or not.

In this system every transaction can be verified and reported to RBI for updation of the block chain. This should happen automatically when money is deposited in the Banks or when currency holders present the currency for validation with the authorized currency validators.

Public should be encouraged not to hold cash balance and pass it through the banking system or through an authorized currency validator system so that hey can be assured that they hold only genuine currency and not fake currency.

Currently the Crypto currency system authorizes a transaction only when it is added to the block chain. In the proposed system this pre-condition is not proposed.

However, when a currency does not get reported in a transaction, it indicates that the currency is not in circulation and is “Dormant”. Dormant currency notes can be tagged for special reporting when it comes back into circulation at some point of time. Currencies that remain dormant for a very long period can even be deactivated and red tagged for a more drastic enquiry for tracing its transactions. The deactivated currencies  can also be  posted in a public data base so that public can apply for re validation if they are genuine holders of the currencies.

These measures provide a complete control of each currency note to the regulator and their movements can be investigated in depth when required. Presently the Bitcoin system is managing mandatory validation of all transactions within a time span of around 10 minutes and the value of the transactions authenticated are many times in small denominations of less than Rs 1000/-. Hence if appropriate systems are in place it is technically feasible to manage the system of deferred authentication which the above system proposes.

Comments are invited.

Naavi

As a citizen of India

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Karnataka is a bigger challenge to Modi than Rahul Gandhi

Congress revealed that nothing has changed in the party despite the recent reverses. The party is still hesitant to move out of the “Protect the Dynasty” policy and decided not to declare Rahul Gandhi as their PM candidate.

This move indicated clearly that Congress foresees a potential defeat and would like to hedge. Many analysts are now talking of Modi Vs Kejriwal as the main fight.

The undersigned however does not rule out Congress being a serious competitor to Narendra Modi. One of the unknown factors is the possibility of rigging in the elections through electronic rigging of the Voting Machines. It is essential for BJP to take care on this possibility however remote it could be since a desperate Congress can adopt desperate measures.

BJP has to therefore continue its efforts to project a “New BJP” under NaMo and this includes a fresh approach on the declaration candidates for Loksabha elections.

The news that is coming from Karnataka on BJP candidates indicates that many of the old faces may re-surface in the candidate’s list including persons like Shobha Karandlaje. It is necessary for NaMo to take a close view and adopt a fresh approach to rebuild the Karnataka BJP. We cannot forget that BJP had been badly beaten in the previous elections and the wrecker in chief was Mr Yeddyurappa and his friends who not only weaned away votes but also damaged the reputation of the party and its remnant leaders almost irrevocably. If such loud mouthed opportunists are not kept out of the election fray, they would only pull down the chances of BJP in Karnataka.

What we need in Karnataka is for NaMo to find a completely new group of 28 candidates and even if all of them are first time candidates, it is fine. It is essential to keep out all major leaders who were the face of BJP in the past from the list of candidates. For atoning the sins of the past these leaders need to work for the party without expecting the rewards of the MP’s position.

Finding honest, simple candidates without a baggage of corruption would help BJP to meet the competition from AAP at least on the image front.

Will NaMo exhibit enough control on the choice of candidates in Karnataka?.. We need to wait and watch.

In my opinion, the decisions that NaMo may take regarding the choice of candidates in Karnataka  will be a greater challenge to the leadership character of Narendra Modi than any challenge that can be thrown open by AAP or RG.

Naavi

As a Citizen of India

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AAP and Ford Foundation

The AAM Admi Party has been breaking apart in the recent days with ministers like Somanath Bharti going berserk. Simultaneously one of the MLAs in Delhi Mr Binny has expressed his opposition to the policies followed by AAP and is likely to be expelled. If he is expelled the possibility of Delhi Government falling is high..

AAP has now designated its media spokes persons and persons like Mr Captain Gopnath have been dubbed as “Only Members and donot represent AAP’s viwes”. If Captain Gopinath feels that his self respect is hurt, it is possible that he may  withdraw from AAP  Of course, if he is another Man Mohan Singh, he may brush aside the snub and continue.

In the meantime, today’s Kannada Prabha has carried a shocking article highlighting the fact that many of the AAP members have been funded by Ford Foundation, a CIA outfit in USA. (A copy of the English version of the article is available here.)

This article is a must read for all AAP admirers who thought that Mr Arvind Kejriwal is fighting only corruption. He may actually be a coming out as some body who is being used willingly or otherwise by ant national interests.

Naavi

As a Citizen of India

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NaMo floats a revolutionary Health Insurance Idea

Narendra Modi (NaMo), Rahul Gandhi (RG) and Arvind Kejriwal (AK) represent three main contestants in the coming Loksabha elections. They represent the three parties namely the BJP,Congress and AAP and hold out the hopes for the future.

Amongst the three, the policies of Congress are reasonably well known since they have been in power for the last 10 years. Despite being in power for long, Congress has only come out with some policy initiatives only at the fag end of their tenure as if it is enough in the current time only to make promises as there will be no time to implement and hence they can carry over the promises to the next tenure.

Policies of AAP is largely unknown and the extent to which they are known they are chaotic. At best one can say that AAP will be pursuing the policies similar to what the communist parties used to pursue in the past and have given up in the recent times. These are retrograde policies and could be a serious hindrance to development of the country.

BJP has been articulate about its policies and are partially indicated by Mr Modi’s policies in Gujarat. We can still expect that if NaMo comes to power, there could be some revolutionary changes in economic polcies.

One of the revolutionary ideas is in the domain of personal income tax and whether its complete abolition will help in better tax administration and overall benefit to the economy. Details of how this can be implemented and whether it has to be tempered with counter measures on revenue generation and whether the changes are to be brought in one single move or in a calibrated move over a period are to be discussed. It will bring back the subsidy raj and taxing the taxable population to take the burden. Hopefully the additional burden of politician’s share of bribes which Congress was adding to the cost of burden to be funded by tax payers will reduce dramatically and absorb some of the subsidy costs.

Another recent idea which appears to be very revolutionary is the thought that Mr NaMo has been expressing in the domain of health insurance. Today, health insurance, life insurance and hospitalization are taken by individuals at their own free will at the costs they can afford. Poor are unable to get covered. Recently, USA moved to “Health For All” policy where all citizens  are provided with affordable health insurance cover. Now Mr NaMO has raised a valid question that whether health insurance can be covered at hospital level may be like a group insurance of patients so that the poor are also effectively covered at least when they seek hospital care. Again the details may yet have to be worked out but the idea holds promise and looks exciting.

Let’s hope that the visionaries will have a say in the future of Indian economic development and voter’s will not allow disruptionists to muddy the waters.

Naavi

As a Citizen of India

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AAP’s Law Minister charged of witness tampering

AAP which was on the high moral ground after its recent success in the Delhi elections got a jolt when its Law Minister Mr Somnath Bharti was accused of tampering with evidence in a case which he was handling as an advocate. (Refer article here)

Strangely, Mr Arvind Kejriwal has stood by the minister and not accepted either the demand for enquiry or the resignation of the minister.

It may also be noted that this was the same minister who earlier showed his arrogance calling  all the Judges in Delhi for a meeting with him which was considered as a show of arrogance.

It is observed that one after another AAP’s team is showing its true colours. Already differences have cropped up between Mallika Sarabhai and Kumar Vishwas about the issue of AAP’s  policy on women.

We have to wait for other stalwarts such as Captian Gopinath and Balakrishnan also to realize that their decision to join AAP was premature.

Naavi

As a Citizen of India

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Vinash, Vikalp and Vikas.. the choice before Indian Voters

The economic policies of Congress, AAP and BJP can be summed up in the three words Vinash, Vikalp and Vikas.

Congress policy is to sell out the country and keep dangling carrorts in front of gullible voters until the next election and in the mean time lien up their pockets. This will bring vinash on the country.

AAP has no idea of what is its economic stand It has Marxist ideologists shoulder to shoulder with MNS executives and the whole country is confused with what is in store for India if AAP is allowed to gain support. AAP is in vikalp and is also forcing the citizens towards a state of Vikalp,

It is only Narendra Modi’s BP which has a firm sight on the future of India, both in the economic prosperity as well as
national unity and integrity which are contributors to the progress of the nation. The hope of Vikas lies only with NaMo and BJP.

The choice for the voters is clear. BJP to vote everywhere and Narendra Modi to be the next PM of the country.

Naavi
As Citizen of India

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Chetan Bhagat calls for AAP to set its priorities right

Mr Chetan Bhagat has written an article today in Times of India which reflects my thoughts too.

In this article titled “Get Your Priorities Right: India first and AAP second”, he has rightly pointed out that AAP is in too much of a hurry and this is not good for the nation.

He has rightly asked for AAP to withdraw from the Loksabha elections. However, I donot think that AAP will take his advice since I suspect that its intentions are not correct. My earlier conviction that AAP was well intentioned in fighting against corruption has been proved to be incorrect. Presently AAP is showing no interest in taking up cases against Sheila Dixit, has taken Congress support to grab power in Delhi and doing its best to spoil the chances of BJP in the coming elections. All this gives credence to the BJP claim that AAP is assisting Congress and working with an ulterior motive.

It is for this specific reason that the undersigned who was in support of Loksatta during the last Karnataka elections had to take a rough stance against AAP.

I am sure that many others also think in a similar fashion.

AAP has no capability to govern the country and cannot be allowed to destabilize the chances of a stable national government under the leadership of Mr Modi which appears to hold hope for a resurgent India in the coming days.

Eminent persons like Captain Gopinath and Balakrishnan should rethink their support to AAP.

Naavi

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AAP wants to trigger a voter appeasement race

The first decisions that the AAP took in Delhi even before the passing of the vote of confidence was to declare subsidies on electricity and water. Though this was part of the poll promise, the expectation was that AAP will take steps to improve efficiency in distribution of electricity and water, check if any over billing of costs had been resorted to by the electricity companies.

However AAP misused its mandate to take money out of the Government coffers and distribute it to the voters. This was no different from parties who distributed colour TVs, laptops etc.

Was it not an act of “Corruption”?

This action of AAP has now triggered similar demands from other parts of the country and soon we will have other parties also forced to announce various financial benefits to the people not with reduced cost of administration but by simply doling out moeny from the Government coffers and printing notes.

Congress has in the last several years mis managed the economy and has lead to high inflationary pressures. With this wave of voter appeasement policies that AAP has unleashed, we will not be able to combat inflation in the coming years also. Finally, it will be the same voter who receives Rs 300 per month rebate on electricity who pays Rs 3000/- per month more for his monthly living expenses.

What we need to tell our voters is that it is the responsibility of the Government to improve efficiency, reduce cost and then reduce the tax burden on the society…not simply take money out of the treasury and distribute.

Is this the kind of economic policies that we look for?

Perhaps AAP does not understand such economics which of course require some time to implement. But AAP is in a hurry to go into the national elections and snatch  part of the votes of BJP so that Congress would get an advantage over BJP.

Right thinking voters need to analyse the impact of AAP entering the national fray at this point of time and what it is likely to achieve for itself and for Congress and then take a decision whether to vote for AAP or not.

Naavi

As a Citizen of India

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