Indians are today reeling not under the terrorism or cross border fires at LOC, but by the painful effects of Prime Minister Narendra Modi’s demonetization move, that besides making the life common masses extremely miserable and intolerable, also is crippling national economy and prestige abroad. Ruling Barathiya Janata Party (BJP) is in a fix now as some state polls are round the corner.
Both urban and rural India have been hit hard by artificial cash crunch post the demonetisation exercise announced on 8 November by PM Modi ostensibly to kill black money in the economy, fake currency, corruption and terror funding.
Modi thanked the nation for supporting the demonetisation drive and acknowledged the resultant on account of an acute cash crunch. He urged the banking system to bring back normalcy in transactions at the earliest and made a case for transparency in the finances of political parties.
The note ban invited severe criticism from his political rivals and a section of economists. Hence, this was an opportunity for PM Modi to take the nation into confidence by giving hard facts on the status of the demonetisation exercise by giving clarity on issues with regard to its originally stated goals of war on black money, corruption and fake currency. The PM should have left the goodies for finance minister Arun Jaitely, formerly a strong EC member of BCCI, to dole out in his 2017 budget slated just a month later.
Demonetization has weakened economy and trade, reduced the GDP, killed more than 100 people, including farmers. Currently, the whole of India is suffering. Ordinary people gave their life because of the idiotic, short-sighted order of this one man. According to the Centre for Monitoring Indian Economy (CMIE), unemployment rates rose to 6.1 percent in the week of 4 December and further to 6.6 percent in the week ended 11 December and then to 7 percent in the week ended 18 December. Also, there were reports of vegetable farmers taking huge losses as the prices plummeted in the market forcing many of them to dump their produce.
The TV panelists of the BJP can be seen shifting uncomfortably when asked difficult questions from the anchor. They have no other reason to tolerate these interviews than defending the egoistic order of their prime minister. The BJP ministers are not able to open their mouth. They don’t have any voice under the Modi’s dictatorship. The BJP leaders and the cadres also sat through the effects of the economic disaster imposed on ordinary citizens, but did not speak out and voice their concern for the common people. The majority of his supporters may be are in the organized sector and already have smart phones in their hands. That is just negligible part of voters. the farmers, daily coolies, etc must have smart phones in order to participate in any survey on demonetization. .
The demonetization is not an economic policy to curb black money or fake money. It is a blind attack on the poor people of India, But, known for his thirst for fame abroad as well as indoors, Modi, fully aware that his plans have failed badly, addressed India on New Year’s Eve on December 31 on national television, giving no details of his demonetization move. He may have felt sorry for the poor but has not sought their forgiveness. Instead, the shrewd politician Modi presented nothing short of a mini-rural budget in his much-hyped speech doling out sops meant for the poor and farmers. The package included interest subventions on small ticket home loans (up to Rs 12 lakhs), 60-day interest rate waiver on farm loans taken from cooperative banks, higher credit limit and government guarantee for small traders.
None of the people who use black money are suffering hardship, or waiting in seemingly endless queues or risk losing their lives. Through the bank officials and agents the black money is mostly converted into the new Rs 2000 notes easily. Modi is batting for the rich not for the deprived sections of the society Modi expected India to become cashless overnight and India currently has 85 percent of unorganized sector employees, and to these people Modi is asking them to buy smart phones to help make the Indian economy cashless.
Having committed a serious crime against Indians by betraying their trust in the BJP government, PM Modi has tried to blame all negative outcomes on others, officals, .etc Indian PM’s speech is devoid of specifics of black money, party funding, estate cum sand mafias, and cash curbs, among others.
Since Modi focused on black money the specifics PM Modi should have spoken in his address should be Black money. What is the status of his government’s war on black money? The banking system is estimated to have received over Rs 14 lakh crore deposits in invalidated currencies since 10 November, 2016. The Reserve Bank of India (RBI) hasn’t given updated numbers beyond 10 December.
Cash crunch: The PM urged the banking system to bring back normalcy at the earliest, but what about his promise of 50-days made repeatedly since demonetisation to end the pain of the common man, which he has clearly failed to fulfill. The cash-crunch has eased a bit with queues turning shorter at ATMs and bank branches. The RBI’s announcement to increase the ATM cash withdrawal limit to Rs 4,500 per day from Rs 2,500 earlier is a welcome move, but this does not help much given that 2/3rd of ATMs in the country are still running dry as noted in an earlier column. The weekly withdrawal limit of Rs 24,000 per week stays. In this backdrop, PM Modi should have offered guidance to the public as to when will the cash curbs end and the situation back to normal, acknowledging that he couldn’t meet his 50-day promise. Such an admission and clarity would have gained more support for him.
Political funding: During his speech, Modi urged political parties to come clean on their finances and shed their ‘holier than thou’ attitude. That is a good move, but of no use, since our politicians are not used to acting on good intentional words. They all drink from the same pot, after all. Had it not been the case, there would not have been a situation in India where political parties have become the biggest hoarders and facilitators of black money. Instead of requesting them, PM Modi should have shown the courage to lay out his government plans to make the necessary changes in the existing laws to overhaul political funding and make all such transactions in the digital mode.
If the government can insist the common man to change their cash transactions to digital mode, why can’t it ask the same of political parties, too? If the existing laws are a hurdle, it should amend it. No political party would dare oppose such a proposal since they risk getting exposed in public. Why was the PM silent on such a radical reform step in his speech given his government’s stance on black money?
Compensation for demonetisation victims: There is no clear estimate of the number of jobs loss post-demonetisation and the extent of losses to small traders in perishable segments and service sectors due to cash crunch. But, lakhs of jobs in the informal sector have been reportedly lost due to the note ban.
There is no clarity so far either from the RBI and the finance ministry on the amount of deposits received and how much of it has already been reckoned as illegal cash by taxmen. Also, what is the plan ahead to deal with black money in benami assets? Given the hardships the general public had to undergo for the war on black money, something that Modi himself has acknowledged, shouldn’t he have given an update on the gains of demonetisation — no matter how small it is — after 50 days of the drive? The PM was totally silent on those numbers and the way ahead.
Why was the PM silent on any compensation to these people, who are victims of a policy move initiated by him?
PM Modi’s New Year speech was high on rhetoric and low on facts and specifics. The PM’s silence on specifics has given room for his political rivals and critics to up their attacks on demonetisation and has caused the prevailing uncertainty to continue, which wouldn’t augur well for his government, the economy and the common man. In that sense, the New Year speech was a missed opportunity for PM Modi.
Voters of India voted for Modi’s party the BJP with belief of the magic word ‘development’. of Modi who used Gujarat development as a model for entire nation during parliamentary poll campaign 2014 would make them rich. But today they are running post to pallor for daily expenditures . .Modi ridiculed the policies of Congress led UPA government as failures and pledged splitting the back money from abroad among the people of India. He refuses to disclose the names of Swiss bank account holders. He is silent on that promise, while common folk sill expects money in their bank accounts. Similarly people of Indian thought Modi’s demonetization drive would add more money to their bank balance and they are poorer today than ever before. .
Dictator-style decision making, the Prime Minister of the largest democracy in the world announces the demonetization decision of withdrawing Rs 500 and Rs 1000 from the public domain starting on November 8th and since then the RBI has changed the rules of withdrawal limits 71 times.
Indians are still patient in regards to Modi’s election dance because they still believe that he could deposit 15 lakhs in their bank account, a statement promised during his election campaign and that is why they have taken themselves to streets seeking justice or approached the courts for money settlements. The patience of India’s people should not be taken for granted by the BJP; however it should be acknowledged, understood and appreciated. Modi now has no way to turn, and has gave his attention to the slogan of eradicating the black money from India.
For the people of India, especially the common people, demonetization is a tragedy and betrayal by their leader – ruler, though for Modi it is another comedy.
India – Nepal bilateral relations stripped by China’s hegemonic theme in South Asia
During this amid global pandemic, India meets particular strain from its northern neighbors’ country’s foreign policy. India and China have a significant disparity over the border issue. India is standing up to china by standstill the economic activities in both countries. India and Nepal have a strong bilateral relation performed was a significant role in Himalayan frontiers. India and Nepal shared deep cultural, economic, social, and political relations over many centuries. The ties between both countries frayed slowly started from the border disputes that arose after defense minister Rajnath Singh inaugurated a crucial road going through lipulekh to Kailash and Manasarovar, that route could quickly build connectivity within India with the Tibetan Plateau. The Nepal government protested that it could challenge the national sovereignty and status quo and fueled the #back of India movement in Nepal, which became a principal reason for bilateral instability in both countries. Nepal proclaims 400 sq km of Indian land in Kalapani, Lipulekh, and Limpiyadhura as part of Nepal territory. Kathmandu sends the new political map to the United Nations and Google for international recognition. India and Nepal claim the same disputed territory on their political map. India was the primary trade partner of Nepal, more than 65% of Nepal’s trade deals are possible through the Indian ports, so India dominated a larger scale in Nepal import and export sectors. In the meantime, China attempts to replace India’s position in Nepal’s economic and political domain. Recently Chinese President Xi Jinping said, “China and Nepal have always treated each other as equals,” although China revived the rail project between Nepal and China, the project cost estimate over USD 300 Million, with the determined deadline of completion in 2025. After the Rail connectivity, China ultimately became a lager trade partner in Nepal overthrow India. The domestic politics of Nepal, Currently Nepal ruling party Nepal Communist Party (NCP), is looking for political interest through China. Nepal is tilting towards China under the leadership of Prime Minister K P Oli and his Nepal Communist Party. Nepal took actions including banned Indian private news network broadcasting in Nepal, changed its citizen’s law, which makes disconcerted for India and constructed a helipad in a disputed location. China people liberation army (PLA) recently deploy the troops in Lipulekh pass, which currently disputed land between India and Nepal border. China mainly intervenes with India and Nepal’s disputes to obtain Nepal support accomplished to constrain India. China played a pivotal role in generating the anti-Indian rhetoric approach in Nepal’s internal domain.
Why is Nepal significant for China’s expansionism?
In Contemporary world politics, Dragon adopted an encroach approach upon neighbors’ countries. Nepal became a preeminent part of Chinese command and strategies to contend with India in every possible channel. Although the ambitious project of China to revive the ancient silk route and became the dominant financial capital in south Asia, it could be possible by Nepal’s proximity. China is striving to stimulate and tempt Nepal with multiple aids, economic growth, and acquisition by coordinating with the current ruling party of Nepal. On 2nd July 2018, The Business Standard published an article that highlights “by throwing money at Nepal, China limiting India influence in the region” for an extended period, China was invested in Nepal to gain political backing. Nepal is undoubtedly an essential aspect of the security of Indian’s borders. China’s military troops frequently entered in Indian territory (northeast state), and Nepal always became a barrier for such expansionism footsteps towards India’s territory. The border dispute was not new between both countries started from the Sugauli Treaty to kali river disputes, and both nations resolve such issues with bilateral negotiations. India also needs to ensure and revitalize the peace treaty between both countries. As sooner India solve the border dispute, it ultimately creates less chance to china’s intervene.
Since the dispute occurred, India and Nepal finally agreed for a custom high-level meeting regarding address the connectivity and development in both countries. India needs to adopt soft power diplomacy to maintain goodwill political relations with Nepal. As this global pandemic circumstances, India provided pharmaceutical and financial assistance to Nepal citizens. As a democratic ethics laden nation, Nepal – India border issue is easily solvable, with the restoration of the peace treaty with the modernized canvas. India requires adopting a new foreign policy to retrieve peaceful treaties with a new approach to cooperation with Nepal. India always admired the neighborhood’s first policy. The regional cooperation in the south Asian region necessitated fostering by India. India requires to get its act together and promote the regional cooperation structures with an inter-governmental organization that would unite the southern Asia region, such as the SAARC and BIMSTEC.
Rethinking “Naya” Pakistan
“We (Pakistan) will eat grass, even go hungry, but we will get one of our own (Atom bomb), We have no other choice!” said ZA Bhutto, the then President of Pakistan. Almost 55 years have passed since then and Pakistan now, is on the verge of getting a title of ‘a failing nation’. The whole journey of this nation is full of ups and downs. Prime Minister Imran Khan came into power by promising to create a “Naya Pakistan”, however almost 2 years have passed and there is no sign of any major development in the country. From the last two decades, Pakistan is being labelled as the failed nation and has suffered bankruptcy along with bad governance-related issues. Although having an alliance with U.S.A (earlier) and now with China has helped the nation to overcome these Situations but nothing major can be pointed out. The current Prime Minister Imran Khan followed the same modus operandi of any other political party, i.e. to criticize the previous governments for the economic downturn and didn’t achieve anything significant in the process of reviving Pakistan’s economy. The economic downturn can be seen with the multiplicity of other factors such as the low foreign exchange reserves, low exports and high inflation. During his election rallies, PM Imran Khan promised to put the nation on the path of development and even expressed his views to promote the relations with India. However, during his tenure, the relations with India has only worsened. From domestic affairs to international affairs, the involvement of the Pakistani Army in the policymaking has increased in recent years. Gopalaswami Parthasarathy once said that “Every country has an army but in Pakistan, an army has a country”, this very simple statement shows the deep involvement of the Pakistani army in the domestic issues.
Let’s discuss the major challenges of Pakistan has facing now
India and Pakistan went different ways when India got independence from Britishers. However, the countries suffered the same fate in the early years with their same socio-economic conditions; with nearly half of the population under poverty. Both nations shared the same economic challenges but where one side India’s gradual economic development attracted foreign investors, Pakistan’s involvement in the Afghan war, the emergence of religious parties and domination of army in domestic affairs made Pakistan’s economic development arduous. From 1988, Pakistan has sought assistance from the IMF more than 10 times, which indicates its bad economic policies and planning. Pakistan has always shared its GDP’s lion share to its Army and nuclear programs, unfortunately, this made Pakistan’s economic planning incompetent. According to the budget of the fiscal year 2019-20 of Pakistan, all the major economic indicators have shown a downward movement like the growth indicator went down almost by 50% from 6.2 % to 3.3 % and even the inflation indicator is expected to go down by 13%. These figures are all-time low in the last 10 years and the recent bailout package worth $ 6 billion from IMF needs strong political will power in policymaking.
The Constitution of Pakistan guarantees “fundamental rights, including equality of status, of opportunity and before the law, social, economic and political justice, and freedom of thought, expression, belief, faith, worship and association, subject to the law and public morality” to its citizens. Many years have passed but none of these rights were ever given to the minorities of Pakistan. In 2018, Imran Khan promised that “PTI will protect the civil, social and religious rights of minorities; their places of worship, property and institutions as laid down in the Constitution.” But according to the USCIRF 2020 report, the continuous negative trends show the systematic enforcement of blasphemy and anti-Ahmadiyya laws, and authorities’ failure to address forced conversions of religious minorities—including Hindus, Christians, and Sikhs—to Islam, indicating the severely restricted freedom of religion or belief. Pakistan has a rich culture because of the different religious communities but the increasing persecution and atrocities cases on the minorities shows the worrisome disparity in the society. In 2019, a Hindu veterinarian has been charged with the blasphemy against Islam and protestors even burned down the shops of many Hindu shop owners. Increasing extremism and intolerance towards minorities in Pakistan is one of the major concerns for international organisations. In the same report of USCIRF mentioned that around 80 people were imprisoned for blasphemy, and half of them are facing the life sentence or death. This law has been used as the major tool for hardliners to marginalize the minority communities and over 70 people had been lynched to death in Pakistan on blasphemy charges since 1990. All these cases raise the questions on the current government and its efforts to promote a safe society.
Having an independent judiciary system is one of the most important pillars for any democratic nation but in the case of Pakistan, it’s just another tool for oppression and abuse of power. Recently Pakistan got 120th rank in the rule of law 2020 index out of 128 countries, the three major indicators went down negative. In 2019, a video went viral in which a NAB judge was discussing how he convicted the former prime minister of Pakistan Nawaz Sharif for owning unexplained properties in London, delivered his decision under coercion. Since 1973, Armed forces targeted the independence of the judiciary to manipulate the decisions in their favour. In 2018, Islamabad high court judge was sacked for accusing the ISI as he said that country’s intelligence agency was manipulating the judicial proceedings to get the favourable decisions. This was not the first time where the involvement of ISIS undermined the independence of the judiciary system of this nation. Unfortunately, this was the case that happened during the making of so-called Naya Pakistan of Imran Khan.
These are not the only areas where Pakistan is suffering but even the corrupt bureaucratic system and bad foreign policy choices put the country on the path to isolation in the international arena. The continuous obsession over Kashmir and growing extremism in the country can be seen in the policymaking process. People of Pakistan need to rethink about the idea of “Naya Pakistan” and the constant military involvement in their domestic affairs. Though PM Imran khan has tried to make some positive efforts towards religious minorities but he has failed to bring out any major changes in the society. As the Pakistani economy is already struggling, the recent COVID outbreak will soon put the nation on the ventilator support. One can decipher that the Imran Khan government will soon be facing major challenges in front of him and the only way forward would be taking difficult decisions such as to reform the existing economic and foreign policy.
Independence and Beyond: The Indian Subcontinent
As Mr. Lincoln might have said …three-score and thirteen years ago the Indian subcontinent gained independence (August 14/15, 1947) from the British — although Indians were even then substantially running the country. The Indian Civil Service and its administrators, the police and the military were all Indian, as were many members of the Viceroy’s council — the viceroy as the British government’s representative having ultimate say. Thus the day-to-day running of the country was essentially being managed by Indians themselves.
The Hindu nationalist ideas of the Narendra Modi government are uniquely (and mistakenly) revanchist for Hindus were involved in government during the Mughal era. A proud country treasures its history; not Mr. Modi’s BJP Party. It and its goons instigated mobs and participated in the destruction of the Babri Mosque, where last week Mr. Modi was at a ceremony marking the beginning of construction of a Hindu temple on the Mosque site, believed by some Hindus to be the birthplace of the god Rama.
Introduced in the epic Ramayana, he is its central figure, and while it is mentioned he was born in Ayodhya, nowhere does it say where in Ayodhya. The epic also features a monkey king Hanuman and a monkey army that helped Rama in the story. Beliefs are beliefs and if all of this clashes with modern rationality just consider some of the ardent beliefs of other religions.
Of course a harmonious solution for the site might have opted for the structure to be either utilized by both religions or moved to a nearby location.
If religious structures offend, why not convert them for your own use? That is precisely what President Erdogan has done — in the process turning Turkey’s secular tradition upside down, In fact, he led the first Friday prayers at Hagia Sophia, a mosque now by Erdogan edict that was the former Byzantine cathedral museum and a popular tourist site in Istanbul. Modern Turkey’s secular founder Kamal Ataturk is probably turning over in his grave.
No such luck for the early 16th century Babri mosque, it was razed to the ground, a signal to Indian minority religions (Buddhists, Christians, Jains, Muslims, Parsis, Sikhs, even atheists and humanists) of the primacy of Hinduism. The ones who strived so long and hard for India’s independence, namely the secular Fabian socialist Nehru and the inclusive Gandhi would be doing the same as Ataturk, had they not been cremated.
With all its conflicts, any wonder that India hovers precariously near the bottom of the World Happiness Index, as does Delhi as one of the world’s least happy cities — about as nice to live in as Gaza. If Pakistan (number 66 near Japan at 62) and its cities are much higher in the Happiness Index, it has its own problems … like the disappearance of activists. The latest, a human rights activist (Idris Khattak) turned up after three months without a word to the families from the security agencies holding him. Some are not so lucky — they never turn up. Moreover, religious extremism has spawned anti-blasphemy laws that border on censorship and serve as a gag on free speech. The founder of the country was Mohammed Ali Jinnah, an accomplished lawyer who had practised before the Privy Council. A defender of democratic principles and the rule of law, suave, suited by Henry Poole of Savile Row and partial to a whisky before dinner, he would be appalled.
Bangladesh the perennial disaster area is now suffering the triple whammy of its usual flooding, plus the new covid-19 and the consequent lost livelihoods. It is at number 107 on the World Happiness Index, much happier than India ranked 144 and now one of the worst places to live in the world.
In the age of management consultants, experts, specialists and private equity companies with special expertise in turnarounds, perhaps India (perhaps the subcontinent as a whole) could do worse than invite the British back and pay them to run the place. At the very least, it is likely to make life bearable in Kashmir.
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