I have not seen any other event in our country which created such a massive response and enthusiasm in our 120 crore populace. This demonetisation has really woken us all up. Every single individual has been talking about this.. the impact it will have on our lives our nation etc. It is very obvious that we had stooped to a very deep level of immorality. This year I during the admission season I was fortunate to be associated with some of my senior friends who were trying to secure a good college seat for their children. I was surprised that the most venerable educational institutions were openly accepting black money to give seats under management quota. Luckily the my friends did not need management quota as their children opted for seats based on their merits and ranking but I think this is the height of our decadence. We send our children to revered educational institutions so that their character is shaped and their skills are honed, I have no qualms in admitting that my personal nature was highly influenced by some of the great teachers during my school and college days. I am eternally grateful to them. When we accepted and supported corruption and compromises in our educational institutions where the professors ( look at the term professor and profession how it differs from making livelihood) and teachers would be exalted examples of focus dedication and non consumerism to shape the ideas of generations we totally ruined the moral fibre of living.
The effects of tolerating black money are very serious. By tolerating black money we ensure that connections and pedigree GAIN over competence and capability. I remember multiple instances where I would not be given to contract because some MLA's son knew somebody and passed money under the table. In India competence was defined as the capability to identify and and handle the bribe channel. If black money is eliminated from the system this kind of disease and shamelessness would come to a grinding halt.
I got reports that in addition to just demonetising the government has posted CBI and IB officials in every nook and corner ( in banking areas state borders etc) and anybody who tries to do any hanky panky is being caught.
People were very comfortably hoarding their unaccounted wealth in Benami accounts in various banks in collusion with the banking officials specially in smaller banks. The government has kept the bank top brass under severe warning against any such transactions in benami accounts.
I whole heartedly thank Modiji and the Almighty for inspiring this move.
As far as the problems being faced by the common man is concerned- I would plead that we were all part of this decadence and hence should be part of the atonement. Seriously nothing worthwhile has been ever accomplished without sacrifice.
The next and most important thing to see that competence and capability gains is to ensure that money is available at 3-4 % interest rates like all developed economies. This 12-18% interest that is prevailing is making sure that the people who have money make more money and people who do not have and hence have to borrow have to pay a very high cost almost all of their earnings in EMI or working capital loans. If one takes a 25 Lakh Home Loan for a 15 year EMI after paying 25000 for 8 years the principal amount would only come down by 2 lakhs.
I had written in detail about the evils of a high interest regime earlier. I specially request the reader to go through this link here as it covers this aspect in detail.
In in same breath I would like to see an India where every senior citizen is atleast given an amount of Rs 10,000. as a social security so that those people who have slogged all their lives raised children with limited resources supported the society in their own way do not have to suffer humiliation and insults at the hands of any insensitive people. This will ensure that the senior people do not feel ashamed about us and our society and do not feel like living burdens themselves.
I sincerely pray to the Almighty that we should very soon see such a day.
My Guru repeatedly says that whatever we see outside is COLLECTIVE CONSCIOUSNESS. This means that we are all creating our reality together. What we are seeing outside is a product our our combined thought process and imagination. PLEASE BANDHUS let us all together imagine and create an India which is BLACK MONEY FREE ( therefore corruption free) , COMPETENCE DRIVEN (low interest capital) and SENIOR CITIZENS SECURED ( social security fund of 10k to senior citizens)!!!!!
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