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A well known and former finance minister and later a Prime Minister for two
terms made a magnificent speech, like Mark Anthony with great vocabulary
in Shakespeares Julius Caesar.
ManMohan Singh said The demonetizations drive is a monumental
mismanagement failure." A legalized plunder and organized loot
I am not in favor of demonetizations or against it. I am not a
qualified person to comment on it. I am neither a politician nor
an economist. Since after Independence until Prime Minister Modi
took over what great thing has been done by Man Mohan or
anyone else before him.
Look at the following fool proof
evidence.
LABOR COST IN US
1962 Odd-Labor Cost in US
4 5 times
Bassein
Under Portuguese rule (15341661-the
financial
and
commercial
capital ... Important strategic towns
located near Bombay were; Bassein
to the north, Thana to the east, and
Chaul to the south.
Gas/ Petrol Price rice in INDIA From 1962 2017: 105 times
LABORCOST IM INDIA
Who has driven the petrol/ Diesel price so high. 105 times
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Who does not know, energy and labor are the backbone of every
industry. If they are not at low cost, that country will never be able to catchup with international market.
Prime Minister Tony Blair visited Bangalore in January 04 & 05, 2002
where he inaugurated the Business Summit organized by
Confederation of Indian Industries. During his visit, to India he said to
improve their investments in India there must be freedom for employer
to hire and fire employees when needed. The news media never reported
it. If they did it would have been chaos.
One bad guy is enough to destroy one industry. People are different
Some are very lazy, some are incapable of doing good work, some do not
have the stamina, some are alcoholics some are extremely emotional and
causes trouble and some are dishonest. No industry can afford such people.
Kerala State Transport Corporation and other public sectors are good
example for that.
During the first communist regime in Kerala, they nationalized
water transport system without paying any compensation. It never ran
smoothly. Even their collection is skimmed. The condition of those boats are
miserable.
COMMUNISM
Many intellectual giants in India began to quote from KARL MARXsDas Kapital and also from the book written by KARL MARX and FREDERIC
ENGELS Communist Manifesto. Politicians promise was, they are going to
make this India a Heaven.
Larger percentage of People, which were below middleclass, fell for it. Pro
Communist feeling in India was getting strong. To fool the people, they said India is
becoming Socialist. The fact is socialism and communism are two sides of the same
coin. In reality India never became Socialist or Communist, but Capitalist with
Socialist skin. Just like a lion appearing in sheep skin.
Nationalization of banks gave a wrong impression to the people. India was
really going to be socialist. Has anything happened? Likewise Communism in Kerala
grew and got established. Their performance was also poor. The present Government
is trying very well, but cannot go too far with it. They have to face stiff opposition
within the party itself. This is the greatest setback of democracy. Politicians
highhandedness in everyday affair is to please the party which is against all ethics
even law and order.
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14 Banks were Nationalized in 1969 February 27, 2015
1.Allahabad Bank 2.Bank of Baroda 3.Bank of India 4.Bank of
Maharashtra 5.Canara Bank 6.Central Bank of India 7.Dena Bank 8.Indian
Bank 9.Indian Overseas Bank 10.Punjab National Bank 11.Syndicate Bank
12.UCO Bank 13.Union Bank 14.United Bank of India.
Why nationalization: --It lacked the tenacity to serve the poorer agro
and allied-agro contingent. This was the explanation of the Government.
How is the agriculture in India now. The truth was the private banks were
having all the money control. If the banks are nationalized they come
directly under Government through RBI.
After the nationalization of banks we have poisoned agricultural
products. Nationalization of banks did not improve agriculture. Until
nationalization of banks we had organic food. Another great quality is they
borrow the money and never return. When any action is taken against the
defaulters, the politicians will interfere and make all agitations in favor of the
defaulters. In-short the politicians in India in one way or other create more
lawlessness and agitations. As a result crime rate has gone high and
continue to rise.
In Kerala, agriculture is almost abandoned because people are not
interested in that dirty hard work. Other state people are pouring in to
Kerala for such and other menial jobs. Kerala is a high-job-status state.
They feel ashamed of any menial jobs.
Seven decades before communist propaganda was, the entire land will be
nationalized, and each one will get 13 and half cents. I do not know how
they calculated all that. They fooled the people like hell. Today as you can
see India is a super-capitalistic country. They do not say Socialism any
more, globalization, by the federal Government. The state Governments
have many different names according to the party majority but they do not
mean anything.
Following is the ten planks of Communism. They do not reflect anything
in practice. Just like different religions proclaim their principles and
philosophy which they do not practice at all.
http://greatgameindia.com/secret-world-indian-currency-printers-de-la-rue/
Indian Currency were printed with the same blacklisted companies,
which were the source of fake notes to Pakistan?
Forged Indian currency found in RBI???
During 2009-10 CBI raid in 70 + branches of various banks on the IndiaNepal border, counterfeit currency racket was unearthed. The officials of
these branches told CBI that they had got these notes from RBI which led
CBI to raid the vaults of RBI. CBI found in the vaults of RBI were huge cache
of counterfeit Indian currency lying in the denomination of 500 and 1000,
the same counterfeit currency smuggled by the Pakistani intelligence agency
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ISI into India. The question was how did these fake currency landed
in the vaults of RBI?
Some of the people involved in Indian currency printing abroad
may be still around in India. Who is destroying INDIA, so called
great patriots?
Demonetizations
1. January 1946: Notes of Rs 500, Rs 1000, Rs 10,000
demonetized
2. January 1978: Notes of Rs 1000, Rs 5000, and Rs 10,000
demonetized
3. November 2016: Notes of Rs 500, Rs 1000 demonetized
Demonetizations in 2016 is the third time, not something that has just come
like thunderbolt from the blue. It has created considerable difficulties. In
addition those who opposed the move made the situation worse by fighting
against and also by crating all the scare, just for the political mileage.
1)
2)
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3)
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Democracy is a great terminology its outcome is a constitutional
deadlock. Corruption and injustice has to be eliminated by apt legal
procedures and thereby executing and enforcing it. They all are manipulated
by the politicians leaving Pandoras box open. Even Supreme Court of India
refused to implement BANDH saying Government will not enforce it.