dharmic nature of aggression

Are the non-aggressive, tolerant attitudes of Hindus a liability, so much so that many of them have become victims of apathy, conspiracy and forced displacement in their own homeland. Ref: Kashmiri Pandits, Col Purohit, Sadhwi Pragnya. #hindusvictimised – Thus goes the topic for Indispire Edition167

The premises are definitely wrong. I say this not only in the context of Hindusim, but also in the context of any other religion.

Indian BloggersIn the western media and intellectual circles, the liberal use of words like ‘Islamic Terrorism’ and ‘Islamophobia’ has become fashionable these days. It gives  an impression that any adherent of the religion must match such characteristic. Thus, the vast majority of Muslims who lead their life as normal responsible citizens get tinged with these negative characteristics. It also undermines the humanistic and mystic contribution of many liberal groups like the Sufis.

Terrorism and other aggressive means are used either by an individual or a group of individuals, quite often for their own vested interests. However, these individuals or groups associate themselves with a religion or a few selected tenets of religion (twisting the tenets out of context)  to give their activities a kind of legitimacy. This does not mean all the followers of that religion or ideology subscribe to such hardliner views.

In fact, it is India that has been the victim of ‘jihadi’ terrorism much  more than the west. Yet, in our country, neither in mainstream media, nor in intellectual circle do we use the word ‘Islamic terrorism’. It may appear this shows our maturity as a democracy.

But the double standards of our so called secular intellectual circles are evident. Of late, there has been liberal use of the word ‘Saffron Terror’ and ‘Intolerance’ to indicate as if the country is infested with Hindu Militants. Such double standards show that the mainstream media is subjugated to some forces that want to give an impression, ‘Look, this religion as a whole qualifies to be associated  with negative attributes associated with extremism and intolerance’.

In fact a campaign has already started to bring words like ‘Hindu Militancy’, ‘Hindu Phobia’ , ‘Hindu Intolerance’ and other such terms to mainstream narrative so as to tinge  the religion and all its followers with this negative connotation. It is in this context that I have used the hash tag  hidusvictimised.

Once again, to make my stand clear, I strongly feel that it is never the whole of the religion (let it be any religion) that is to be blamed because a few adherents of the religion, to fulfill their own megalomaniac tendencies and other human afflictions like excessive greed and lust,  use violence in the pretext of religion or some of its tenets.

This said, it is also worthwhile to examine specific allegations made against Hinduism to prove its nature of intolerance and tendency of  violence. Those who bring these allegations, like the proverbial elephant judging blind men hand pick a few partial events that suits their preconceived notions and ignore the vast body of evidences and  events that would depict a different story.

One important factor that should be kept in mind while making any evaluation concerning Hinduism is that it is a dynamic religion, or, what Rajiv Malhotra in his book ‘Indra’s Net’ calls a religion with an ‘open architecture’.  It means the tenets and practices of Hinduism are not frozen across time and space. Hinduism today is vastly different from the Hindu practices and principles that prevailed even a couple of centuries back. All the Dharmic religions (religions that originated in India), due to close interaction with one another, assimilated many elements of each other over a period of time and these religions still continue to evolve, discarding certain elements and taking up new ones.

If Chandashok was the epitome of violence, Dharmashoka was the epitome of compassion. Had there been no transformation of Ashoka in the aftermath of the Kalinga war, the war itself would have been forgotten being just another war of an ambitious emperor. Kalinga war gained prominence in history because of the transformation of Chandashoka to Dharmashoka.

How many rulers in history went through such transformation? Did it happen with the Alexanders of that era whose hunger for power continued till their last days. Did such transformation happen with any of the Islamic rulers  whose violence both at the time of conquest and during their rule surpassed all inhuman treatments imaginable.

The Hindu aggression that we see manifested in the form of Shivaji and other warriors of the Mughal era  was a secondary and defensive aggression in the sense that it was in response to counter the aggression and atrocities of the Mughal rulers.

It may be worth while to note that, during Military campaigns,  Shivaji forbade his soldiers to kill women and children and destroy Mosques.  This was in contrast to the aggression of the Mughals and their predecessors who killed indiscriminately and destroyed thousands of temples. In fact many of the Mosques that stand today have been built out of destroyed temples.

Same way, when events like Godhra are discussed, our so called secularists conveniently forget the events that led to the incident. To be specific, the incident of the burning of innocent Hindus in the railway coach is kept out of discussion, as if loss of Hindu lives do not matter. The issue of the ethnic cleansing of Kashmiri Pandits and their displacement from their homeland is not given as much importance in our national narrative as the loss of lives post Godhra incident. Same way, the regular destruction of thousands of temples, post independence, not only in Pakistan and Bangladesh, but also in our own country do not find mention even in the eighth page of our newspapers. These activities continues to happen even to day. On the other hand, the destruction of a dilapidated unused Mosque in a prominent place of pilgrimage for the Hindus, continues to drive the anti Hindu debate in our mainstream narrative.

Our journalists continue to target Hindu religious and spiritual leaders, blowing out of proportion any seeming error committed by them, quite often without even verifying the facts. Going by the trends in the last couple of years, it seems Bollywood too has joined the bandwagon of Hindu bashing. This is evident not only from the statements made by some celebrities, but also from the kind of movies being made. In some of the block busters of last couple of years, criminals, terrorists and Pakistanis have been shown to be somehow more humane than Hindu spiritual leaders.

Quite often the ground reality may be quite different from the picture attempted to be projected by a section of our intellectuals and  journalists.  No doubt these groups have their own vested interests clothed in secular ideals.  When the debate about intolerance was at its height of attention in the mainstream media, I went around the streets of India, like the jesting Pillate searching for truth. But, I was as disappointed as the Pillate of ancient Greece. I could not find any trace of intolerance among the common men in the streets of India.

I have put forth some facts and historical contexts to bring to light those sides of the events that we pretend to forget. Now, it is for the reader to decide – considering the tenets of Hinduism and taking into account its overall history, are the Hindus as intolerant as the so called secular intellectuals would like us to believe?

let there be no light

 

my star weeps for me

to a telepathic feel

for missing me

I too can’t see her tears

it is not light years

but lights that separates us

 

a long lost romance

with diffused blessings

of dying grass

a  tiny boy looks up

to the canopy of tiny stars

 

to talk to them

to count, to wonder

and feel a vastness inside

a tiny pot.

 

lights lights everywhere

so much are we afraid of

the star lit dreamy openness

to gather light years

of  darkness inside.

 

lights lights every where

all kind of lights

neon shining flickering

of all colours

bathing the cities  in lights

to purge it of all darkness

the darkness that is outside

 

 

the stars of flesh and blood

suck all spotlight

while our guiding stars

feeble and faltering

move a thousand light years

away

 

for once you wish

let there be no light.

starry city.jpg
image source: pinterest

 

[In response to Indispire Edition #164. Topic suggested by Shantanu Ashima Gaur .

Despite the light around us in cities, we cannot see the most beautiful wonders of all- A glittered night sky. What are your views on light pollution, and memories of those wonderful starry nights? #DarknessForStars ]

 

JNU – all that buzz non academic

jnuJawaharlal Nehru University – a premier educational institute of India, has been in regular news over the last couple of years.

Unfortunately, for reasons not academic.

Not because its students or professors achieved anything remarkable connected with higher studies, research or anything related to learning for that matter. But, because of the battle of supremacy of one idea over the other accompanied by violent protests and clashes bordering in anti national activities.

Jawaharlal Nehru, after whom the university is named, was a free thinker and welcomed criticism of his own ideas. While he advocated secularism, he has also written books about the lofty heritage of this country. By no means he would have been delighted by the attempt to propagate anti-national ideas on Indian soil.

Healthy debates and discussions and free expression of opinions are the bread and butter of a citadel of higher learning. Even though the university was dedicated to the memory of Jawaharlal Nehru, it was the leftist leader Prakash Karat who formulated the major policies related to the University. Moreover, the student politics of the campus has been mostly left dominated. Hence, it can only be expected that the university propagates and zealously guards a particular point of view.

An ideology is just a notion. As a prodigious student, in stead of probing the origin or relevance  age old ideologies, it is unfortunate that  a citadel of learning has been a stage to propagate particular ideologies.

A student should be a skeptic, questioning everything. The faculty should engage in producing and encouraging that spirit of inquiry and should not in any way bring their own ideologies  to influence their commitment for the intellectual growth of the students.

According to the Wikipedia page on JNU, while it is ranked third best university by India’s Ministry of HRD, it ranks 1177th in the world by an international study. Academically speaking, the university has still a long way to go in spite of attracting some of the best minds of India.

The events at JNU also raises serious questions as to whether student politics should be allowed across educational institutes in India. By the way, elections were banned in JNU from 2008 to 2011. At the age when students in India enter campus politics, are they mature enough not to be used as pawns? Moreover, by indulging in active politics, do not they lose precious student time  that they would have devoted to learning? After all ,educational institutes are not meant to give hands on training about the nitty- gritties of winning elections. During my college days I witnessed classes being postponed frequently due to student activism over trivial issues.

As the JNU events  show, students are used as pawns to push forth particular ideologies or carry on certain types of propaganda not at all related to the curriculum of study. The situation becomes dangerous when anti national propaganda are carried out in the name of free speech. Somewhere a line should be drawn between free speech that genuinely encourages spirit of inquiry and self reflection on one hand and  propaganda by vested interests that questions the very fabric of a nation that after all gave them an opportunity to study in that university with a generous subsidy out of her citizens’ earnings.

Indian Bloggers

Views as News

Media has always been an instrument of propaganda.

I remember in my childhood days listening to the Hindi Programs of BBC and Radio Moscow. Even in a Hindi program by BBC, if at all India was covered, it would be in connection with something bad that happened.  Radio Moscow was all about the glory of communism and the evils done by countries like the US.

I think nothing much has changed since then. Unless there is a rape,  cyclone or a starvation death, the western media hardly mentions India. The TV Channel RT (Russia Times) focuses on the evils of American politics and society while, in a subtle way trying to establish the supremacy of the Russian leaders.

In fact the whole story of the James Bond movie – Tomorrow Never Dies – is centered around the controlling power of a media Moghul. It shows to what extent the head of the media house could go to create sensational news.

Of course, in real life media houses may not go the extreme extent of creating war so as to be one up in covering  sensational news. However, it may be remembered that most of the media houses are owned either by the government or, by big business houses. Ultimately, the owners impose their vested interest in some form or the other.

In our country, particularly in South India many of the media houses are owned by the political parties. While some of remaining ones have their own political or ideological leanings, the rest have their business interests at heart.  In such a scenario how can you expect the media house to be neutral and non-sensational in covering and presenting news?

In our country, particularly in South India many of the media houses are owned by the political parties. While some of remaining ones have their own political or ideological leanings, the rest have their business interests at heart.

The bias of the media can be visible particularly in election times. Propaganda material is peddled as news. Even on the day the election results are announced, till the last moment TV channels would be showing inflated numbers for their favourite political party.

Another irritating feature of Indian TV channels is the number of advertisements they show. Sometimes you feel, it is an  advertisement channel with little bits of news nuggets thrown in as fillers.Of course Doordarshan and regional language channels are way better in this respect.

Another irritating feature of Indian TV channels is the number of advertisements they show. Sometimes you feel, it is an  advertisement channel with little bits of news nuggets thrown in as fillers.

Then of course there was this Arnab Goswami. I think he is still there somewhere in invisible mode planning his next strike.  He has started a whole new trend in imposing a particular point of view.  One can see the influence of his Tughlaqi andaz on other channels where some go to ridiculous extents to imitate his style.

Another disconcerting fact that is noticed not only in the case of Indian journalists but also in the case of international ones is that, even senior and renowned journalists do not take stands based on the merits of each issue de-linking it from their personal bias towards a person or a group.

The press in general touches a low point when journalists go to any extent to serve biased news for pecuniary benefits and other favours. This has given rise to a new word that is in vougue now a days. Presstitutes. The interesting thing is – this is out and out an Indian contribution to the English vocabulary.

It is unfortunate that the press,  which is termed as the fourth pillar of democracy, is on shaky grounds.

     presstitutes-india

Indian Bloggers

Suppose, Dogs were Allowed Status Update

dogs.png

An idle mind gives rise to bitchy ides.

Suppose dogs were allowed to open Facebook account. What would be their status update like? Here are a sample ten:

Dog 1: Feeling so proud today. Got an opportunity to pee on the front wheel of a BMW (with photo)

Dog2: Eating leftover food with my darling bitch at Maurya Sheraton, Mumbai (with photo)

Dog3: Holidaying in Delhi near the largest Drain of Asia (with photo)

Dog4: My Basanti and our four kids. Oh! How much I love them (Our happy family)

Dog5: Invited to be the Chief Barker at the All India Street Dogs federation meeting. (with photo)

Dog6: Feeling proud that my owner brought this new brand gold coloured dog chain for me.  (with photo)

Dog7: Feeling loved with Basanti, my bitch, my loving companion of x years. (with photo of both tongue touching)

Dog8: (the activist dog). Our dog world is going to the dogs. More and more people are getting fond of cats. Let us boycott those families who plan to adopt cats. Please forward this message if you are really concerned about the future of the dogs.

Dog9: At Mahim local station. Traveling to Bandra.

Dog10: Our darling pilla won this year’s ‘dog bites dog’ competition. Feeling so proud. Love you so much my cutie. (with photo)

(dog can be substituted for bitch and adjustments be made accordingly)

The Paradox of Love

In an earlier post Love is in the Air,  I attempted to explore various flavours of love. In any kind of relationship,  one or  more of the flavours would be involved to sustain it.In a broader sense, as prominent spiritual master Sri Sri Ravi Shankar says, “Love is that glue that holds everything together”. Hence love unites, integrates.

Yet, it should not stifle. Even though some kind of interdependence is inherent in Love, it is not true love if it stifles, if it encroaches upon the freedom of another beyond a healthy limit.

Of course we have to consider what kind of love are we talking about? Freedom is inherent in true love. Once you have faith and confidence why would you impose any condition?

Once there is curtailment of freedom, that is the end of love. If one of the parties feels suffocated, then it is not love, but bondage. Bondage and freedom cannot go together.

So, if ever you feel stifled in love, or feel your freedom curtailed, examine. Was it really love?  Or, was it bondage, manipulation or an attempt to control masquerading as love?

From a different perspective, let us consider the following. Love is the process of uniting, merging. Two become one. It is true in the case of romantic love, divine love or any other kind of love. A feeling of oneness comes with love. Where does it leave space for freedom. One feels surrendered in love. In another sense, sacrifice becomes natural. In the land of love, freedom is an absolute stranger. A true lover does not seek to free itself of the beloved, neither does he/she would like to possess the other one and bring the other into submission.

Or rather, in a state of love, one simply does not bother about freedom. Love takes care of everything.

As Rumi says:

“Ride on love and don’t worry about the road!

Because the steed of love has the smoothest ride.
It will take you home in a single thrust.

Even though the road is rough.”

Still, if the question of freedom pops up, let us remember with Kahllil Gibran:

“Love possesses not, nor will it be possessed”.

That is the paradox of the state of love – one does not have the apparent freedom, yet it is love that brings the ultimate freedom.

 

paradox.jpg
 Indian Bloggers

Wear Your T-shirt to Humanity

The other day my social activist friend said,” Come on we have to start doing something some where”.

“Where exactly do we start? Do you have an action plan”, I asked in a friendly voice, even though he would often term me,  in as unfriendly manner as possible, as a speed breaker.

“It is like this. We go and raise funds. Then we buy fifty thousand T shirts”.

Being a born skeptic, I asked, “T Shirts?”.

“I mean these will not be ordinary T shirts. We will get the slogan -Save Trees – printed boldly on both the front and back of the T shirts. If needed we will go for another fund raising to organise a grand function. We will invite a celebrity I know to inaugurate the T shirt”.

“Great”,   I said. “Why can’t we use the funds to plant trees. Directly. As simple as that”.

My friend was agitated. Annoyed. I could see the passion of social service burning in his eyes. “You people will never appreciate my subtle ideas. You will never understand. First it is important to educate people. You know, educate people. Create awareness. You know, create awareness”.

He went on and on till I surrendered. His idea was that writing ‘cigarette smoking is injuries to health’ was the only way to eradicate smoking from this earth once and for ever.

We are a people of symbols and gestures.  It is in our DNA. That is why events and campaigns about social ills start with a bang and fizzle out in a couple of months, till another grand even after a couple of months comes up to cover up for all our callousness.

Occasions like campaigning for swatchh bharat are great opportunities for schools to improve their brand value. It also provides an opportunity for the teachers and students to upgrade their social media status. You may clean something in the morning and by evening it is back to square one. That is why one should not make one’s hands dirty and preserve their cleanliness to to utilise for a fantastic selfie.

During those initial days of swatchh bharat mania, it was a usual sight to see a duo or trio of  school teachers  driving a herd  of school kids holding placards and shouting slogans. They also held brooms and stopped every now and then for selfies and photo ops. I was so much swayed by their enthusiasm I also joined them. (Not because one of the teachers was pretty, mind you). At the end of the rigorous ritual lasting for one hundred and twenty minute, each child and teacher, on an average, must have spent one hundred minutes in selfies and photo ops. One teacher confided in me, “There is strict instruction from the principal. The photos must be of good quality. This event will be a watershed one for our school magazine. We will also go for a press release”

Social media like whatsapp have created another brand of social activists. You can feel the fire in their fingers. They are experts in forwarded as received messages. They do no have even time to read the messages. Because in a day they have a set a target of 10, 000 messages to be forwarded. So, you cannot accuse them of not understanding the messages.  However, it makes them appear more humane than you are. They even threaten you and emotionally black mail you. “You must forward the message to hundred others, or else you are not a patriot/ your are not a human being / you do not love your mother and so on”.  By the way I have lost a couple of close old friends because I dared to exit from such non sense groups created by them to spread socially bullshit messages. On their part, such virtual activists are absolved of all the social responsibility that comes up with being actively associated with the issues on the ground.

In the ultimate analysis, it makes sense to wear your T shirt to humanity.  You might have erroneously and unintentionally (and very humanely, because to err is human) killed a couple of animals and human beings, but wearing a T shirt is regret enough to absolve you of all your sins, because now you appear more humane than your fellow human beings and animals who choose not to flaunt such a T shirt.

being gandu

image source: https://teespring.com/shop/beinggandu#pid=6&cid=619&sid=front


Indian Bloggers

A Pilgrimage

A package tour would definitely include the houses of murderers and tyrants, but not that of a humanist or humorist. So every travel brochure about Mysore, whether off line or online, include the places where the kings lived. I doubt whether even the ritual annual tours of schools include the house of RK Narayan.

What were the kings of yesteryear?  They lived the most luxurious lives while the common man of those days toiled day and night to keep his body and soul together. When the country was under colonial rule the kings were cleverly used by the British to act as their tax collectors, of course for a hefty compensation. Neither the British, nor the kings bothered about how the common men suffered.

We hear, how a king used the revenue of sixteen years and a quarter of the man power of the whole kingdom to build a great temple. Those who refused to provide quality work were hanged in public. And many others must have perished due to the collapse of the already fragile  public welfare system as every material and other resources were diverted to fulfill the whim of a mad king. At least that is what I felt when I visited the temple some years back.

Again in the name of art  what do you find on the walls of those palatial houses – the painting of soldiers, wars, weapons and other events glorifying mass destruction and the king’s hunger for more territory.

And these are the places that prominently feature on any package tour, whether for recreational purpose or educational purpose.

In our country we are only bothered about the memorial of politicians. Thank God, at last, at least we got a memorial to a writer like RK in India. Otherwise how many such memorials do you find in India. Tagore’s is a different story. He was in some way associated with the freedom movement and he got a Nobel.

In RK’s case, the house built by him was already there. So, no new memorial has been built. In fact had there been no such house, and had the house not been subject of a controversy (when some real estate sharks tried to demolish it), nobody would have thought of a memorial for RK. In a way, like his Guide protagonist who became an accidental Hero, his house too has become an accidental memorial.

RK’s works were not part of my high school or college syllabus. I first came across him through a translated short story published in the local newspaper. It was titled – ‘Another Ratnatkar who could not become a Balmiki’. The gentle irony and humour touched me even in the translated version. There after I developed a curiosity to read his works in original. This happened during my high school days. So, when I visited his house on Vivekanand Road, Mysore,  I was filled with a strange feeling of nostalgia. Moreover, his characters are no different from the people who I encountered around my home on a daily basis.

RK has written about how he built this house in his autobiography – My Days. It is a modest house compared to other houses in the locality. Of course the municipal corporation of Mysore that made effort to restore the house and develop it as a museum, has also put directional broads to the house, at many places in  Mysore.

The place is nothing in grandeur compared to the regal, religious and scenic  fares in store when you visit Mysore. Still, my feeling is that every tourist trip to Mysore should start from this place, in place of a temple. At least, for children it should be made a must see place so that it fuels their creative spirit. But this may alarm our Indian parents who do not want any career for their children other than medical or engineering. (I have also encountered many parents who strictly forbid their children to read anything other than what is there in the syllabus).

I have suggested, through the comment section of the visitor’s book kept in the house and by an email to the City Corporation,  to name the street as Malgudi Street. But I know the chances are less. Because the street already has a Shudh Deshi name. Had it been something like Victoria Road, things would have been easier.

rk1rk2rk3rk4rk6rk7rk8

rk9

 
Indian Bloggers

Sunday Musings and Random Notes #8

Wishing you all a happy  wonderful New Year

First of all, here is wishing my dear reader a wonderful New Year. May you remain cheerful and passionate irrespective of whether a few wishes got fulfilled or not.

Note that I have not used the word happy. There are reasons for it –   profound and scary reasons that google threw at me in form of quotes while I was searching for something else. Take the first example:

happy-1

So there is no point in having good health and selfishness if, these are not backed by a healthy dose of stupidity. However, it provides for a lot of hope. To be happy is not that big deal after all. It paints a very rosy picture of  human society since time immemorial- the vast majority of human society have never been as unhappy as we have made it out to be.

The following one is a very strong argument as to why one should not wish another anything related to happiness:

happy-3

However, the following is the scariest of them all:

happy-4

And finally a ray of hope, provided by non other than one of those highest priests of Christianity:

happy-5

Of course, I am not sure whether all/some/any of the above quotes have been attributed to the right source. Now a days on social media, every now and then one comes across strange quotes attributed to strange people. Sometimes, people making up these quotes do not seem to have even elementary knowledge of history. So, Swami Vivekananda gives very sound advice on the side effects of social media and Mahatma Gandhi warns us about the impending disasters when one harbours thoughts like those of Donald Trump.

But I am sure the following one must have been spoken (or, at least thought of) by Adolf Hitler, who swayed even the most intelligent persons of Germany to his Nazist point of view with his banal rhetoric. I am afraid this must also be the secret of success of  writers like Chetan Bhagat churning out best sellers and Salman Khan movies making multiple crores.

happy-6

Here is wishing you again, a happy (er. sorry) , a wonderful new year. 

Three blogposts that you may have missed

I started this blog in July this year.

A blogger is not like an ideal parent for whom all children should be equal favourites. Nevertheless, he has paternal instincts. It is natural for parents to give special  attention to that child who lagged behind other siblings while at the same time proudly bringing to attention of the special skills of a particular child. The following blogposts from this year are a mix of both.

When the wrapper is considered superior to the gift inside

It takes all the running you can do to keep in the same place

The lunatic, the lover and the poet are of imagination all compact

Note Ban – probable long term impacts

 

Right decision is that which may bring short term misery but benefit in the long run. Wrong decision is that which brings short term pleasure but pain in the long run – Sri Sri Ravi Shankar

note ban 3.jpg

In reaction to the government’s demonetization move, the mainstream and the social media are full of pro and anti sentiments. While the government insists that such measures will kill the black money, terror funding  and bring transparency to the financial dealings, the opposition’s hallabol is only about the hassles faced by the people in long queues in front of the Banks. There is hardly any reasoned and in depth debate about the long term impact of such a measure.

No doubt, getting legal tender notes has become a big hassle for the common man.  The troubles to get  back one’s own money parked in the banks are definitely worth taking if,  it ends the era of black money and the parallel economy and heralds a new economic and social order without adversely effecting the economic growth.

Remember the purchasing power is not dependent on the colour of money. Whether black or white, the loss of purchasing power is a loss of purchasing power. So it all depends upon how quickly the purchasing power is restored. If it continues for a long time, the sales of goods and services will be hit, leading to a domino effect. When the sales are hit, it will result in lower production of goods and services, lower GDP, lower employment and ultimately a recession of the economy.

Even at the cost of being politically incorrect, let me explain it this way. Let us say:

Purchasing power before demonetization (P1)= legal tender (x1) money + fake currency or illegal tender money (y1) + plastic money in the form of credit (not debit) cards  or other kind of credit instruments (z1). Here black money is already factored in as either these will be in legal tender or illegal tender.

Purchasing power after demonetization (P2) = x2 + y2

Now when I say the purchasing power should be restored, P2 must be made equal to P1, or x1+y1+z1 must be made equal to x2+z2. In simple terms to restore the health of the economy to its status before demonetization, Govt should replace (with new legal tender) not only the demonetized legal tender money, but also the fake currencies which were in circulation. And the sooner it is done, the better. If the cash crunch position persists for a prolonged period, the sales of goods and services will be adversely effected  leading to long term negative economic consequences.

Taking India towards a cashless society will be the final nail in the coffin of the parallel economy which threatens the stability of not only the economy but also the society in the form of terror funding and erosion of the value of the rupee. In a country like India the hurdles will be many considering, the average education level and the large rural population.

Then, the first step has already been taken.

Indian Bloggers