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Thursday, December 1, 2016

Why common man need black money, post demonetization?

Demonetization by Modi government will surely be a historical move that will be remembered for long. Since 70 years of independent, congress regime has never taken any such bold steps against corruption but only made false promise to fool people of Bharat (India). As I am not an economist, it is very difficult for me to predict the outcome of demonetization. However all Bharitye and I, appreciate Modi government for at least taking a bold step against corruption and black money.

No doubt, demonetization will encourage people to use plastic money/ cheque hence transparency on financial transaction will increase which will also lead to stunning tax collection.

The worry is, even after 22 days of demonetization, due to non-functioning of most of the ATM’s and most of the banks run short of cash, Bhartiye has to face problem for another next 10-15 days. I and other Bhartiye still stand in support of Modi government and urge other Bhartiye to do so.

However demonetization will bring massive disaster for poor and middle class Bhartiye (Indians) in long term. I am not taking about instant chaos and inconvenience caused to public by demonetization but I am worried about later stage.

It’s a nightmare that poor and middle class has to pay compulsively bribe for their survives in every step of life. And the challenge is from where do we get this black money to pay bribe? Let me explain by giving some examples:
  1. Roadside, Most of the poor do business in handcarts to support their spouse and children. Everyone knew that the representatives of local police station collect bribe everyday from these poor and hard workers Bhartiye. Without paying bribe, it is difficult to run the business in handcarts. How these poor people will arrange black money to pay bribe?
  2. With due respect, standard of government schools and colleges are not up to the mark. Parents from small towns and villages are force to pay bribe in the name of donation to get their children admission in good school/colleges. How the parents from small towns and villages will arrange black money to pay bribe/donation?
  3. Modi government had launched and promoting many scheme for farmers, on the other hand, without paying bribe, beneficiary can’t claim any benefits/subsidy offered by government. How poor farmer will arrange black money to pay bribe?
  4. Modi government encourages young Bharitye for entrepreneurship, on the other hand, without paying bribe, we don’t even get basic TIN registration for firms. How Bhartiye will arrange black money to pay bribe?
  5. Modi government encourages and promotes import export business, on the other hand, without paying bribe, custom officers will not clear even a single consignment. How Bhartiye will arrange black money to pay bribe?
  6. Sales tax officer, income tax officer, food officer and many officers of other department harass and loot truck driver, truck owner and goods owner unnecessarily in highway. It is impossible to get rid from government officers without paying bribe. How the truck driver, truck owner and goods owner will arrange black money to pay bribe?
  7. Most of the loans for Micro and small-scale industries don’t get sanction without paying bribe. From where the young entrepreneurs will arrange black money to pay bribe?
  8. Without paying bribe, it is unthinkable to get driving license. On contrary, those are not good in driving/riding get their driving license through driving school/agent. From where Bhartiye will arrange black money to pay bribe/donation?
  9. Another nightmare is getting a government job in Bharat (India). Everyone knows that without paying bribe, getting government job is just a dream. From where the poor parents will arrange black money to pay bribe?

Likewise examples are many and the list goes on.

Either Modi government should bring strict rules against corrupt officers or corrupt officer should start taking bribe in Cheque/plastic.

For sure, poor and middle class Bhartiye is going to suffer in long run. Question is how Modi government is going to handle the situation? If Modi government doesn’t act accordingly, before time, situation may even get worsen.

Note: Gimmickry and hypocrite Arvind Kejriwal, Congress party, Communist party and other anti-national party, this article is not for you and never refer or use this article as a tool for your political gain.

I am a proud Bharitye (Indian) and a proud disciple of my spiritual guru, born in middle class family; hence I understand the problem of poor and middle class Bharitye. I am just trying to share the problem with you all that we are going to face in coming days.

You all are welcome to counter my views and do share your suggestion/feedback.

Namaskar
Athish Ravikanth

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