Leaders Speak - November 2016

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"Economics behind economic surgical Strike"

In previous Lok Sabha election as Bjp announced Mr Modi as PM candidate, he raises the slogan against corruption before election. 2015 is a landmark year as Modi become Prime Minister of India the raise voice against disguised economy. Opposition raising voice against Modi Govt is not serious about black money.
8 November 2016 PM, Modi announced at late evening Rs 500 and 1000 have not legal tender from Mid Night. One billion dollar question, what a reason behind such aggressive step
1) In a few monthsnthsago Pakistan sponsored cross border terrorism incrdrastically, which which is supported by fake Indian currency made in Pakistan.
2) Curbinging the black economy
As rupee 1000 and 500 lost its legal tender. Old currency will be replaced by bank in small amount in Bank initially it is only 4000.

You can deposit all your cash in bank account there is no limit. , unaccounted money legal legal validity checked by the government.

What will be economics behind this economic surgical strike. In India saving account 300000000. Suppose if minimum Rs 10000deposit in single, the impact 300000000 * Rs 10000 = 3000000000000 deposits in the bank. This means a huge cash transfer to the Bank. The impact of Bank has big liquidity.

Demonetization for Richer or for Poorer

Remember the times, when Baba Ramdev used to come on debates and fasten on his idea of economics and often suggests that ‘We should encourage small currency rather than big tenders’, The idea hark back live on the evening of 8th November, While taking a historical but stunning stand, The Union Government has decided to do away with Rs. 500 and Rs. 1000 currency notes from midnight on 8th November. These notes will cease to be legal tender from the midnight of November 8, 2016, announced Prime Minister Narendra Modi in his television address to the nation on the same day. “The value of these notes becomes merely a paper,” he said in Hindi, adding that the move is to curb the circulation of counterfeit notes and fight black money.

6 mins

A Tipping Point Missed

Before America and the world settle in firmly to the new Donald Trumpbased reality, let’s take a little trip down the road not taken. Suppose we had woken up last Wednesday morning to a President-elect Hillary Clinton. And let’s say that, instead of former Portuguese Prime Minister António Guterres, New Zealand’s Helen Clark or Bulgaria’s Kristalina Georgieva had been picked to succeed Ban Ki-moon as United Nations Secretary-General.Clinton would have joined the United Kingdom’s Theresa May and German Chancellor Angela Merkel, helping achieve critical mass in the G7. And a female UN Secretary General would have placed women at the helm of two of the world’s three biggest international organizations (France’s Christine Lagarde already runs the International Monetary Fund). 

3 mins

Various Dimensions of India Pakistan Conflict

While the world media and Pakistan question the veracity of Indian claims of surgical strike inside the Pakistani border across Line of Control in Kashmir where two soldiers are reportedly killed, we know for sure that five people have died in police firing on protestors in Hazaribagh, Jharkhand where tribals were resisting the takeover of land for mining by National Thermal Power Corporation.

4 mins

Opportunities in Higher Education

The whole article is divided into 3 parts i.e. Opportunities in higher education, need of global tie ups and research based education. So let’s start with the first one that is opportunity in higher education.Its pity to see that, only 8% of the population reaches to the level of higher education. Governments (central and states) jointly have invested lakhs of crores... but what did they get in return... nill bate sannata... as we don’t know that what actually do we need from this education.

4 mins

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