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Let’s Deduce Prime Minister Narendra Modi’s Move to make India Corruption Free!

It is important to note that this is an important step and necessarily a one-time clean sweep of black money that will go a long way to reducing the stock of black money in the economy

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Reserve Bank of India, Wikimedia Commons

November 9, 2016: Prime Minister Narendra Modi’s move of scrapping Rs 500 and Rs 1000 notes to curb ‘black money’ is undoubtedly impressive but it came as a shock to the nation when it was announced on Tuesday night. It was maintained as a closely guarded secret until the PM Modi himself announced it.

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No wonder, such a move has got huge ramifications for the country and it would be fair just to say that nobody really has an idea of the entire range of effects that the move can bring. However, there are certain things which can be gleaned easily. Let’s take a look:

The intended consequences:

If we turn the clock back, we will see Prime Minister Modi’s election campaign largely focused on fighting against black money. The steps which were taken in this direction did not yield fruitful results and thus this bold step was inevitable which PM Modi decided to take, to give rise to New India.

The legal holders of cash can easily deposit their large denomination notes with their banks by providing the accounted source and identification. This means that most legal holders will not be losing the money, while for the black money holders it would be extremely wary of depositing their money as it will leave a trail for the income tax authorities.

New 500 and 2000 rupee note.
New 500 and 2000 rupee note.

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It is important to note that this is an important step and necessarily a one-time clean sweep of black money that will go a long way to reducing the stock of black money in the economy. Then again, it would be totally meaningless if strong measures are not taken in order to curb the sources and the flows of black money. Which we hope would be taken care of.

“This is the golden age to be a tech entrepreneur in India. Specially a fintech one,” tweeted Vijay Shekhar Sharma, the founder of Paytm, whose investors include Alibaba Group Holding Ltd.

Unintended Consequences:

When a huge step of curbing black money is taken, it is sure to have some unintended consequences as well. But, undoubtedly those will be of temporary nature, while the others will have long lasting effects.

Like FirstPost said, “Despite the pain for the public in the short-term, Modi’s Tuesday evening bitter pill is precisely what the doctor ordered.”

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The unintended consequences started on the Tuesday night itself, as people witnessed long queues in front of the ATMs, at petrol stations, and supermarkets where the people could exchange their high denomination notes. Mini bank runs, long queues at the banks, and a general liquidity crunch is to be expected in the few days.

– by Pinaz Kazi of NewsGram. Twitter: @PinazKazi

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The World Looks Up To India and Modi’s response to Covid-19, commends C’wealth Secy-Gen

The world is looking towards India how Prime Minister Narendra Modi, the government and the people have responded to the COVID-19 pandemic

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Commonwealth Secretary-General Patricia Scotland
Commonwealth Secretary-General Patricia Scotland appreciates India and PM Modi's way of dealing with the Pandemic. IANS

The world is looking towards India how Prime Minister Narendra Modi, the government and the people have responded to the COVID-19 pandemic, controlled it and minimised it, said Commonwealth Secretary-General Patricia Scotland. She said she was impressed with the way Prime Minister Modi pulled together members of the SAARC, including Pakistan.

In an exclusive interview with IANS, the Secretary-General said India — a home to half of the Commonwealth’s 2.4 billion citizens — is a valued member of the Commonwealth family, with its government, people and institutions contributing in practical ways to collaborate across the 54 member countries, particularly through innovative programmes such as the UN India Fund and Commonwealth Trade Finance Facility.

On the pandemic, she said the whole Commonwealth has been affected by the virus. India reported its first case in January just like the US, Italy and Russia and has made an immense effort to keep the spread of the virus under control and safeguard its citizens. As of May 20, it has over 106,000 cases and 42,298 recoveries — considering the size of its population, India has done well, Scotland said.

“That is why, people are looking to India for how Prime Minister Narendra Modi, the government and people of India have responded to the pandemic, controlled it and minimised it because it could have been so much worse,” she said. “We know that we have never needed multilateralism more than we do today. I was very impressed with how PM Modi pulled together members of SAARC, including Pakistan — everyone came — in which the need for ‘coming together, not growing apart’ was underlined.

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The way Prime Minister Modi pulled together members of the SAARC, including Pakistan is commendable. Pixabay

“I commend India for providing various medical supplies — testing kits and sanitisers among other items — to SAARC members, including Commonwealth member states Bangladesh, Maldives and Sri Lanka,” she said. “India is the largest provider of generic drugs globally and can, therefore, draw on its growing pharma industry to provide medical supplies to many small Commonwealth states and we’ve been very interested in how India’s made this contribution.” Thanking to India’s Union Health Minister Harsh Vardhan for participating in the Commonwealth Health Ministers’ meeting this month, she said he highlighted India’s response to COVID-19, under the highest level of political commitment and guidance of Prime Minister Modi, who has been pro-active.

“The Commonwealth looks forward to working more closely with representatives of government and other agencies to share solutions and advice in fighting this pandemic,” she added. Commonwealth Health Ministers, including Vardhan, at the Commonwealth Health Ministers’ meeting have agreed to coordinate their response in tackling the pandemic. The ministers have endorsed removing fees for the coronavirus tests and treatment, especially for migrants and refugees, as appropriate within national contexts, and creating a voluntary mechanism to share and distribute extra medical supplies, including ventilators and testing kits.

Also Read: Here Are Some Interesting Facts About Ayurveda

India will chair the next meeting of the Commonwealth Health Ministers in May 2021. As on May 21, 5,000,038 coronavirus cases have been reported globally. Half a million of these are in the Commonwealth countries. Seven member states are among the 12 nations worldwide that have not reported any cases. (IANS)

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National Capital Delhi Makes a Gradual Comeback

The city of Delhi has slowly and gradually reopened

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Shutters are lifted and shops spruced up as Delhi's markets open after two months as lockdown restrictions are eased. (Anjana Pasricha/VOA)

Signs are being spruced up and prayers performed as shops in the Indian capital open their shutters after two months with the gradual easing of a stringent lockdown.

Markets were allowed to reopen recently after the government signaled economic activity must resume, even as the fight against the COVID -19 pandemic continues. Traffic is humming on once-deserted streets as buses and auto rickshaws have been given the go-ahead to operate.

However, people in the city of nearly 20 million — one of the worst-hit in the country — remain hesitant about venturing out as cases of coronavirus touched record highs in recent days.

Shop owners, hoping to slowly emerge from the economic pain imposed by a weekslong shutdown, have instituted new rules to cope with the pandemic.

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Though markets are open, they are seeing few customers as people remain wary amid the COVID 19 pandemic. (Anjana Pasricha/VOA)

“We’ve restricted it to three people at a time for browsing, and then we have new checks and measures in place where we first check the person’s temperature, we give them hand sanitizer and we have started giving everyone a pair of gloves as well,” said Rajni Malhotra, owner of Bahrisons Booksellers, a 65-year-old landmark in one of the city’s most iconic markets.

The city is only partially open — shopping malls, restaurants, schools and colleges still remain closed and offices can only have limited staff.  Even in markets that have opened, only half the shops open every day to avoid crowding. Delhi accounts for about 10% of India’s infections.

“We have a twofold challenge — to reduce the transmission rate of the disease, and to increase public activity gradually,” Prime Minister Narendra Modi said in an address to the country two weeks ago. “Coronavirus is going to be part of our lives for a long time. But we can’t let our lives revolve around it,” he said.

Shop owners even sanitize customers’ purchases to reassure people still wary of entering markets. Among those that sold some goods is a store that sells kitchen equipment — in Delhi, like much of the world, cooking and baking have been therapy for some of those confined indoors.

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A customer turns up to buy baking tins — in Delhi, like much of the world, cooking and baking has been a therapy for people confined indoors. (Anjana Pasricha/VOA)

However, a sense of unease remains as once-buzzing markets see only a sprinkling of customers, who mostly visit shops selling groceries and other essentials.

“There is this feeling that complete your work fast and then return home,” said Aparajita Pant, a city resident who had come to buy food for her pets.

“Earlier one would like to linger around, there are so many interesting shops here but as of now, there is that cautious approach, at least in me,” she said.

That is not good news for some shop owners. Not a single person had walked into Leena Mehra’s shop selling handicrafts and silver jewelry during the first two days.

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Most customers head to shops selling essentials like groceries and medicines. (Anjana Pasricha/VOA)

“It’s depressing. We have to open the shop, we don’t have any choice,” she said.

“We know it is difficult for us to sell this product to the consumer because right now the mindset of the people is not at all in this direction, but we will try,” she said.

The pandemic has left its mark on a city whose love for shopping and being well turned out made it a retailers’ paradise.

“One would take more efforts to get maybe a little better dressed, but now you come here, avoid jewelry, avoid wearing even a watch, I am not even wearing my earrings,” Pant said ruefully.

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Shops display signs asking people to wear masks and take precautions as new rules are put in place to cope with the COVID 19 pandemic. (Anjana Pasricha/VOA)

Even budget accessories and clothes being sold from small stalls tucked in the market’s narrow lanes have few takers. That is disappointing for low-income workers who say they desperately need to start earning again.

“Everybody needs money. If customers don’t come and this atmosphere persists, it will not be easy to face the problem created by this pandemic,” said a despondent Lucky Arya, as he helped set up a stall to sell summer clothes.

The wait for customers is also long for auto rickshaw drivers waiting on sidewalks.

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Auto rickshaw drivers don’t see too many customers as most people still hesitate to venture outside. (Anjana Pasricha/VOA)
 A once-familiar sight as they skillfully negotiated their way through Delhi’s often chaotic traffic, they too have been scarred by the pandemic because of new rules allowing only one passenger instead of the customary two to ensure social distancing.

Also Read: COVID-19 Makes it Difficult to Manage Cancer Care: Oncologist

Mohammad Parvez Khan decided to brave the city’s sizzling summer temperatures to ply his auto rickshaw even during Ramadan because his savings were running out.

“Only we know how we passed these last two months,” he said.

“Every day, when I fasted, I prayed that let the coronavirus go quickly, and may everything come back to how it used to be,” he said. (VOA)

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Sanitization to Fight Coronavius Begins in UP

Massive sanitization drive begins in UP

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sanitization
A massive sanitization drive began in major cities in Uttar Pradesh on Friday. (Representation Image). Pixabay

A massive sanitization drive began in major cities in Uttar Pradesh on Friday. This is the latest news in India.

Rajkumar Vishwakarma, DG, fire services, told reporters that sanitization was being done with sodium hypochlorite and fire personnel had been instructed to take care and not to spray the disinfectant on human beings and animals.

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The sanitization will be done using sodium hypochlorite. (Representational Image). Pixabay

Spraying will also not be done inside any building due to electrical connections.

Fire personnel have been asked to take photographs and post it on WhatsApp media groups. They have been asked to avoid calling the media personnel to the sanitisation sites to avoid risks.

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Earlier this week, about 50 migrant workers who were at a bus station in Bareilly, were sprayed with sodium hypochlorite by the sanitisation staff. Those who were sprayed, including children, complained of itching in the eyes and rashes on the body.

Also Read- UNHRC Chief Michele Bachelet: India’s Lockdown Has Implementation Challenges

Chief minister Yogi Adityanath had expressed his concern over the incident and assured action against the guilty.

District magistrate Bareilly, Nitish Kumar said that the incident happened due to ‘over-zealous’ workers. (IANS)