Futurism Is Workless: Calling G20 2020
Today, increasingly all our work of sorts, repeated laborious and mundane, now openly snatched across the world by robotic revolutions, supported by AI+AR+VR and block-chained programs. This is not a bad thing. This is a global uplift for our imagination creating extra thinking time. Humankind finally on way liberated from boredom of mundane and slavery of grind. Maybe we will produce entire new generations of deep thinkers to live in global harmony, diversity and tolerance, where gender fluid, smiley robots allowed hating each other and backstabbing considered sports.
Not to destroy our real spiritual values of our miraculous creation; humans originally designed to invent advancements, as if designing a wheel, while our minds, designed to think of wisdom, as if discovering gravity, we cannot ignore the most valuable miracle of our known universe, a mind given to all us as a free gift. Obviously, our relentless pursuits of last decades failed; Tik-Tok damaged and Social Media controlled global populace awaits for new wisdom
History is not just a series of rigid facts but also rather a mirror of our fluid understanding of our own present; the future is not some abstract dream but rather built out of our own carvings from the past. Whatever we did during our last few decades laying out the foundations of our present castles, we now enter, haunted as they are, but this is where we reside. Trick or Treat, candy or no candy, we have to chase the shadows with our trepidations.
Futurism is workless, but indeed, such revolutionary transitions can only be measured as juggling monstrous calamities but blindfolded or playing with ‘time-machines’ without driving licensees. Equally, not easy is the erasing of the status symbols when century old habits of paper pushing offered security or out of box thinking only created butterflies in the stomach. The decades of enforced cubicalized-culture has hurt our mental productivity, stolen emotional contributions of innovative excellence. Such affairs demand special skills with stamina, wisdom to debate and courage to table action plans with transparency or surrender to defeat.
Acquisition of such skills of nouveau entrepreneurialism, not to be confused with common curriculum in need of elimination at universities of the world offering half-baked notions of entrepreneurial leadership as academic certification. As a proof, to save themselves from the absence of contents and suffocation of illusionary mastery, they must hang in their hallways the portraits of the last 10,000 earth shattering entrepreneurs who unbounded from the Ivy, dropped out from moist edifices and changed the course of history. Research this deeply as denials will fail.
Today, we kneel in the middle of economic purgatory and pandemic hell…
Today, nation-by-nation, the intelligentsia of the recent past, fermented and marinated in their selective influences, now hiding in panic rooms in need of oxygen. The way out is not to face the pitchforks of restless citizenry but rather new understanding with a new definition of a workless future and how to open honest debates on how such advancement will unfold.
The harshness of the message, written on the wall, speaks volume. Some 200 nations are in the races to survive. Some 10,000 cities are busy figuring out their future. The futurism demands new thinking and new deployments. The pandemic recovery is 100 moons long. The restless citizenry, workless seeking directions, a billion replaced by advanced technologies, a billion displaced by remote working, a billion misplaced as out of box entrepreneurs…time to face the music.
The forbidden hot-topics and major crossroads ahead…
Digital divide is Mental Divide; Mental-divide is number one blockade of digital-divide; such digital transitions feared for fast speed of performance to expose incompetency of workers. Furthermore, creating redundancy and fearing for creating accuracy of work exposing checks and balances to display hidden mismanagement, as such slowing down overall speed and performance and destroying economies. Despite worldwide access to almost no-cost technologies since the past decade, the majority of nations still buried under heaps of paper to avoid exposing proper columns indicating correct balances and totals. Only digitized nations will thrive in a digitized world. National leaderships across the world must issue decree not to fire during transition for incompetency but rather guarantee them upskilling and reskilling options.
Micro-Power-Nations and Super-Power-Nations: As Super-Power-Nations lost their powers to fix the entire world, but now Micro-Power-Nations will try. Super power economies more aligned to attacking or destroying other economies as a prime necessity for their own survival. While new emerging Micro-Power-Nations are upcoming hungry performers with very special skills and are willing and able to help any small or super power without threatening their base of power. These 100 plus, Micro-Power-Nations may deploy highly selective, well-trained and extraordinary strengths and deliver surgical solutions to any mammoth nation and mutually rewarded. Such specialized capabilities will create universal borderless residencies, merit-based immigration, global friendly fair-trading, and unlimited human resources platforms for the new global age world. This is not about armies invading, here armies of entrepreneurs landing in collaborative synthesizing to create massive local prosperity. Such advancement will affect thousands of cities and nations and will towards faster advancements. Technology silently creates some 100 plus mighty micro power nations that with upskilling play a key role.
The Population-Rich vs. Knowledge-Rich Nations: Pandemic recovery demands economic intellectualism to embrace futurism as global shifts from ‘knowledge-rich-nations’ to ‘population-rich-nations’ changing economic behavior across the world. Decades ago, large populations in any country considered an economic curse; sheer burden of visible poverty, scenes of survival and struggle of feeding millions of hungry mouths provided the blatant proof. Today considered a blessing; when citizens armed with mobile online transactional centers, digital humming and trading with billions of devices with trade activity are now new proofs of economic vibrancy for such overly populated nations.
Over centuries, the supremacy of knowledge housed in the West, Knowledge Rich Nations, primarily the developed economies now harshly tested as such outdated wealth of knowledge as if water gushing down from broken dams flooding faraway lands across the world. Knowledge-rich nations must rapidly re-learn how to compete and survive against highly agile and low-cost brilliance creating shine within some 100 emerging population-rich nations. The monopoly of knowledge has been shattered. Population-Rich-Nations must become platform economies; thrive on national mobilization of entrepreneurialism platforms of upskilling
Referenced from “15 Monster Trends– by Naseem Javed” Dec 2014
National Mobilization of Entrepreneurialism: Struggling economies of the world are visibly showing the lack of upskilling of exporters and reskilling of manufacturers across their national small and midsize vertical business sectors. Key Questions: Are there 1,000, 10,000 or 100,000 high potential small medium business enterprises within a region or a nation? Are they doing USD $1-20 million in annual turnover and ready to further quadruple growth via exports? Is there a national agenda on upskilling, reskilling for fast track transformation to recovery and job creation? Are Associations and Chambers of Commerce receptive to such goals on creating excellence and exportability?
Key Realities: Unlimited, global markets can absorb unlimited innovative ideas, goods and services. Unlimited, SME Founders with entrepreneurial talent and energy are always anxious for global age expansion. Unlimited, well-designed, innovative ideas and global age skills can quadruple enterprise performance. Missing Links, lack of upskilling, reskilling and global-age thinking and execution styles are all strangling growth. Key Agenda for Discussions: How digitization of national entrepreneurialism on upskilling platforms saves economies and creates growth? How simultaneous synchronization of upskilling of 100,000 SMEs and MFGs results in exports within a nation? How is the Pentiana Project placing 25,000 SME MFG on digital platforms of upskilling and soon add another 100,000 SMEs? How Chambers & Associations will take lead, creating a marathon on exportability, and inviting a national dialogue?
Understanding the Last Seven Societies: How 100 years of evolution has landed us here; during the Print Society in 1900, when the printed word was power, literacy was perquisite and only the privileged had access to knowledge. Why similar scenario 120 years later occurring today, futurism demands futuristic literacy.
“The Radio Society made its impact after a quarter century. It brought information freely available to the air and music to tap dance on assembly line floors. The ‘voice’ created radio-personalities with opinions and opinion leadership became noticeable. There were 5 other major societies. TV Society brought live action dramas, and started the colorful consumerism. Telecom Society shorthanded distance and created standardization. The Computer Society created miniaturization and a sense of accuracy. The Cyber Society brought the world to the desk and started the diffusion between work and other lifestyles. We just left the Click Society, which brought the world into our pockets and seriously disrupted the traditional work model. “
Excerpted Source: Naseem Javed, Sunrise, Day One, Year 2000.
Expothon is also planning a “Special Senior Level Regular 3-Hour-Webinar-Workshop-Series” in 2021 to create detailed and pragmatic discussions with powerful and specific debates with pragmatic and immediately implementable solutions. The “National Mobilization of SME via Upskilling on Exports” calibrated for the selected 100 Chambers and 100 Special Trade Associations across the world along with gatekeepers of trade and commerce of selected countries.
The Micro-Exports: With some 500 million SME in the world, a billion new big and small, young and old entrepreneurs on the march, G20 2020 Riyadh, Saudi Arabia had some great opportunities to table tactical combative blueprints to advance the challenges of local grassroots prosperity. As a smarter way to save economies, the emergence of such “Micro-Exports” thinking on global exportability, amongst most of the ‘micro-power-nations’ and ‘super-power-nations’ creates “productive occupationalism” and keeps their restless citizenry away from magnetizing towards populism.
The New Blocks: With global block emerging, The RCEP, ‘Regional Comprehensive Economic Partnership’, now the world’s largest free trading block comes into action. Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Thailand, Vietnam. Upskilling exporters and reskilling manufacturers the new way of the future to create grassroots prosperity becomes a logical progression.
The Economic Recovery: The G20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of Korea,Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the EU the European Union. They have serious differences and critical pathways, but the commonalities of problem points to pandemic recovery and economic prosperity gaps to calm restless citizenry. Nevertheless, missing from the main action plans, the national mobilization of entrepreneurialism to create upskilling platforms to upscale small medium business bases will be a serious challenge. Optimizations of zoomerang culture of high quality virtual events are still at infancy… therefore, next generation of curated events will bring global economics more closely and display new thinking live across the world.
The rest is easy.
Impact of Multinational companies on Pakistan
Multinational companies (MNCs) have had a significant impact on Pakistan’s economy since the country’s liberalization and opening up to foreign investment in the 1990s. Overall, the impact of MNCs on Pakistan can be seen as mixed, with both positive and negative effects on the economy and society.
Multinational companies (MNCs) are firms that operate in multiple countries, including Pakistan, and are usually headquartered in developed countries. They have the capability to invest large amounts of capital, technology, and expertise, which can significantly impact the host country’s economy. MNCs, bring foreign direct investment (FDI) to Pakistan, which is essential for economic growth.
The presence of MNCs in Pakistan has had a positive impact on the economy in various ways. They have contributed to the development of infrastructure, which has helped to improve the country’s business environment. MNCs have also helped to increase exports, which has led to an increase in foreign exchange reserves. Additionally, they have introduced modern technologies and practices, which have enhanced productivity and efficiency in the local industries.
One of the significant impacts of MNCs on the Pakistani economy is their contribution to employment generation. MNCs have created jobs for the local population, which has helped to reduce unemployment and poverty. According to the State Bank of Pakistan, the number of people employed in the manufacturing sector, where most MNCs operate, has increased by 2.8% in the fiscal year 2020-21. This growth can be attributed to the expansion of MNCs in the country.
The presence of MNCs in Pakistan has also led to the transfer of skills and knowledge to the local workforce. MNCs employ highly skilled professionals who share their knowledge and expertise with local employees. This transfer of skills and knowledge helps to enhance the human capital of the country, which is essential for economic growth.
Furthermore, MNCs have a significant impact on the tax revenue of Pakistan. MNCs pay corporate taxes, which contribute to the government’s revenue. According to the Federal Board of Revenue, the contribution of MNCs to the country’s tax revenue has increased by 19.9% in the fiscal year 2020-21. This increased tax revenue can be attributed to the expansion of MNCs in the country.
MNCs have negative impacts on the environment and may exploit natural resources. The entry of MNCs into the Pakistani market has increased competition for local firms, making it difficult for them to compete with well-established global brands
MNCs have been accused of exploiting labor and natural resources in Pakistan. There have been reports of low wages, poor working conditions, and environmental damage associated with MNC operations in the country.
The current situation of multinational companies (MNCs) in Pakistan is mixed. On one hand, Pakistan has been successful in attracting foreign investment in recent years, with MNCs investing in various sectors of the economy such as telecommunications, energy, and infrastructure. On the other hand, Pakistan still faces a number of challenges that can impact the operations and growth of MNCs.
One of the major challenges faced by MNCs in Pakistan is the weak and uncertain regulatory environment. The country’s legal and regulatory framework is often viewed as complex and difficult to navigate, which can make it difficult for MNCs to operate and make long-term investments. In addition, corruption and lack of transparency in the regulatory environment can increase the cost of doing business and reduce investor confidence.
Another challenge is the inadequate infrastructure in Pakistan, which can make it difficult for MNCs to operate efficiently.
Furthermore, Pakistan has faced security challenges that can impact the operations and growth of MNCs. Terrorism, political instability, and sectarian violence can increase the risk of doing business in the country and deter foreign investment.
Despite these challenges, there are opportunities for MNCs in Pakistan, particularly in sectors such as agriculture, healthcare, and tourism. The country has a large and growing population, a strategic location, and abundant natural resources, which can make it an attractive destination for foreign investment.
The impact of multinational companies (MNCs) on the thinking of people in Pakistan can be both positive and negative, depending on various factors such as the nature of the company’s operations, its business practices, and the local cultural and social context.
On the positive side, MNCs can bring new ideas and practices to Pakistan and can help to expose people to different ways of thinking and doing business. They can also bring job opportunities and skills development to local communities, which can have a positive impact on the local economy and people’s quality of life.
Moreover, MNCs can help to promote cultural exchange and understanding between Pakistan and other countries. For instance, MNCs may bring in employees from different parts of the world, exposing local employees to different cultures and perspectives. This can lead to increased tolerance and diversity in society.
On the negative side, MNCs may lead to negative consequences for local communities and the environment. MNCs may contribute to the marginalization of local businesses and industries, leading to the loss of local cultural and economic practices. This can have a negative impact on people’s sense of identity and belonging.
The impact of MNCs on the thinking of people in Pakistan is complex and multifaceted. While they can bring new ideas and opportunities, they can also have negative consequences for local culture and values. It is important for MNCs to be aware of these potential impacts and to operate in a socially responsible and culturally sensitive manner, in order to promote positive outcomes for both the company and the local community.
In conclusion, the current situation of MNCs in Pakistan is mixed. While there are challenges such as a weak regulatory environment, inadequate infrastructure, and security concerns, there are also opportunities for foreign investment in various sectors of the economy. It is important for Pakistan to continue to address these challenges and create a more investor-friendly environment to attract further foreign investment and promote economic growth.
How Saudiconomy, is an economic-transformational miracle?
What is happening in the Global economy? The outlook seems entirely iffy, in the state of flux and bewildered with negative outlooks. The answer is, “Disturbance”. If we analyze the global-environment with respect to economy, we find it clouded with discussions pertaining to hawkish vs. dovish trends of central-banks, rising inflation, hyper-inflation, tanking GDP growth, Russian-Ukraine conflict, energy-crises, broken supply-chains, unemployment, recession-fears, supply-shocks, lower demands, inverted yield-curves, liquidity crises, banking debacles and many other ensuing economic-ramifications etc. all have become talk of corridors and towns.
In my opinion, the global economy seems in shambles, extrapolated perceptions assumed by analysts out of Jackson Hole meetings and other developed-countries’ central-banks are creating disturbances in financial-markets. Simply, the world is devoid of any solid vision, which could steer it towards betterment and prosperity. Major financial newspapers are dreading with inflation impacts. Ask any banker across the globe about his or her medium-term economic-outlook & you’ll get an ugly picture painted.
Welcome to Saudi Arabia, the year 2022 the country surpassed a mark of a trillion-dollar economy according to both IMF and Oxford Economics coupled with GDP which grew at 8.7% in 2022. The annual CPI in Saudi Arabia increased by 2.5% and inflation averaged at 2.47% in 2022 which is “absolutely nothing” against double-digits’ inflation worldwide.
So paradoxically asking, what is happening in Saudi Economy? The answer is, “Growth”. If we analyze Saudi economic ecosystem, we find it filled with positive economic-vibes where the discussion is all about hike in industrial-production, foreign-investment-inflows especially huge industrial-investments, mining-investments which aim to unleash the potential of natural-resources, infrastructure-investments, giga-projects, achievement of economic & financial targets on time, flourishing private-sector, multiplying Non-Oil GDP etc.
Taking global-view, H1+H2 of 2022 were clouded with immense geo-political tensions, with ultimate economic-ramifications. But KSA has remained insulated of all global economic-vagaries, which attests the resilience & robustness of Saudi economic framework which is strengthened by Saudi leadership. The fiscal-year 2022 attracted significant foreign capital-inflows, which proves that Saudi Arabia has successfully positioned itself as a desired-destination of global financial-capital amid the ongoing global-turbulence. Saudi Arabia has successfully averted economic-effects of current geo-political turmoil, in terms of utilities, food-security and inflation-containment etc.
The question arises, how did KSA achieve this economic excellence & resilience in really a short time-span? The answer is, a Vision is being implemented and realized by Saudi leadership with sheer commitment and enabled by Saudi youth. This trifecta is indeed a global successful case-study of how major economic-transformations can happen in a short-period of time.
Delving into more details, the fundamental reason is, in 2016 Saudi Arabia had devised a brilliant Vision 2030 under the leadership of H.R.H King Salman and this was a road-map drawn by H.R.H Crown Prince Mohammad Bin Salman, as a forward strategic-economic framework. Under this brilliant vision, uniquely-crafted “Vision Realization Programs” (VRP) were designed, each tasked with a particular niche to smoothen the regulatory-processes, incentivize deployment of local-resources and ultimately attract private-sector & foreign-investments. All these VRPs are showing satisfactory-progress and many of these VRPs have over-achieved brilliantly.
Another driver of this economic-success is a significant-emphasis on optimizing potential of “Non-Oil GDP”. It is the Non-Oil GDP, which ultimately provided an impetus and incentivized Saudi Private-sector to act proactively. The fuel for sky-rocketing “Non-Oil GDP” is actually the giant private-sector of KSA, whose potential is being unleashed by Saudi government via launching a partnership-program namely “Shareek” which aims to intensify the potential of SAR 5 trillion of domestic private sector investments by 2030. The aim is to maximize the private-sector contribution up to 65% in Saudi GDP by 2030.
One of the attributable reasons of this economic-miracle of Saudi Arabia has been a constant emphasis on Higher Education & Research. For instance, scholarship programs for Saudi students proved to be a stellar success. Today we see countless highly-qualified Saudis, possessing valuable global-experience are now steering many organizations in both the public and private sector of country. Their competence coupled with determination, passion & loyalty for their leadership and the country paved the way for Saudi Arabia to result such an economic-success. Nature Index which tracks scientific & intellectual contributions globally has ranked Saudi Arabia, 1st in Arab World & 30th globally in 2022, which manifests emergence of high quality scientific-output by Higher education ecosystem.
Saudi Arabia was one of the countries, which made headlines across global-media due to smart Covid-management, leaving behind many developed economies. For instance, King Abdullah Port has bragged the 1st-position leaving behind 370 global-ports in a globally-renowned index, Container Port Performance Index – 2021 by World Bank and S&P Market Intelligence, which analyzed performances of 370 ports in post-Covid broken supply-chain scenario. Similarly, Jeddah Islamic port and King Abdul Aziz port have bragged 8th and 14th position respectively.
Saudi Arabia’s Sovereign Wealth Fund, Public Investment Fund has emerged as one of the smartest-SWF leaving behind many decades-old SWFs with stellar investments. The PIF (AuM = 620 USD billion) with its in-built strong potential has taken lead in investing locally in Saudi Arabia. In any country, a monetary-system always carries immense importance in proper functioning of an economy & solidifies its robustness. This important task is being carried out diligently by Saudi Central Bank, SAMA, which is brilliantly regulating Saudi financial-sector.
Saudi Arabia is taking a lead in developing state-of-the-art infrastructure. Each of the giga-project is adding gross-value of billions of SAR directly to economy and is providing thousands of jobs. I call them; “Super-infrastructure” because they are being developed with a super-vision, led by super-teams, giving super-results and yield a super-future. Recently Knight Frank which is a top-notch and a century-old UK-based real-estate consultancy firm has evaluated the 15 giga-projects up to 1.1 trillion dollars.
Indeed, Saudi success story of economic-transformation and diversification embodies sheer brilliance, commitment and determination, which has manifested wonders in less than a decade as appreciated by the Managing Director of IMF in the recent WEF sessions, in these words, “They (Saudis) are using the increase in revenue very effectively to create the investment environment for future growth for diversifying the economy,”
Economic Strangulation Policies to Impact Kashmir Socio-Economic Dynamics
For decades, India has implemented coercive economic policies in the estwhile state of Jammu and Kashmir, a region that has been the subject of a longstanding dispute between India and Pakistan since their partition in 1947. Despite ongoing efforts to suppress the aspirations of the Kashmiri people, including economic deprivation, one of the most significant examples of India’s economic coercion in the region has been the imposition of an economic blockade.
In 2019, the Indian government further intensified its efforts by revoking the special status of Jammu and Kashmir, which had granted the region autonomy to determine its economic policies. This move was accompanied by a curfew and communication blackout that effectively isolated the region from the outside world, further exacerbating the economic hardship faced by the people of Jammu and Kashmir.
The blockade has had a devastating impact on the economy of IIOJK. The region’s tourism industry, which was a major source of revenue, has been decimated. The Indian government has also seized control of the region’s industries, including its mineral and agricultural resources. The region’s apples, for example, are a major source of revenue, but Indian authorities have blocked their export to the rest of the country, causing huge losses to the farmers.
India has also used other economic measures to exert control over the region. For example, the Indian government has placed restrictions on the movement of goods and people across the Line of Control (LoC) that divides the region between India and Pakistan. This has made it difficult for businesses to import and export goods, as well as for people to visit their families and friends on the other side of the LoC.
In addition, the Indian government has used financial measures to suppress dissent in the region. Indian authorities have frozen the bank accounts of individuals suspected of involvement in anti-India activities. This has made it difficult for these individuals to access their own funds, as well as for others to conduct transactions with them.
India has also used its control over the region’s financial institutions to exert pressure on the Kashmiri people. For example, Indian authorities have pressured banks in the region to refuse loans to individuals suspected of anti-India activities. This has made it difficult for these individuals to start businesses or invest in their communities.
The application of economic strangulation policies in IIOJK is expected to have a substantial impact on the socio-economic dynamics of the region. These policies are aimed at restraining economic activity and growth, and they are likely to result in various harmful consequences for the people of Jammu and Kashmir.
The primary effect of these policies will be an increase in poverty and unemployment rates. As businesses struggle to function and create employment in an environment of economic uncertainty, a considerable number of people will find themselves out of work and grappling to make ends meet. This is likely to intensify the existing social and economic disparities in the region.
Another probable outcome of the economic strangulation policies is a decline in the living standards of the people. As economic activity slows down, prices of essential goods and services are likely to surge, making it difficult for individuals to obtain the basic necessities of life. This could potentially result in a surge in social unrest and political instability in the area.
Additionally, the economic strangulation policies may lead to a decrease in the overall standard of healthcare and education. As the government diverts resources away from these sectors to impose economic sanctions, hospitals and schools are likely to face reductions in funding and staffing, thereby leading to a deterioration in the quality of these essential public services.
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So far, the impact of India’s economic coercion on the people of IIOJK has been devastating. The region’s poverty rate is estimated to be around 30%, and unemployment is rampant. The lack of economic opportunities has led many young people to join freedom fighters, which have been fighting for Kashmiri independence from India for decades.
India’s economic coercion has also had a profound impact on the mental health of the Kashmiri people. The curfew and communications blackout imposed by India in 2019, for example, left many people feeling isolated and helpless. The lack of economic opportunities has also led to high levels of stress and anxiety among the region’s youth.
The international community has condemned India’s coercive policies in IIOJK but is not willing to pressurize India over human rights violations. The United Nations has called for a peaceful resolution of the Kashmir dispute, and has urged India to respect the human rights of the Kashmiri people. The Organization of Islamic Cooperation (OIC) has also expressed its concern over the situation in the region.
Pakistan has been vocal in its condemnation of India’s actions. The Pakistani government has called on the international community to intervene in the dispute, and has urged India to withdraw its military forces from the region.
One of the recent policies of economic strangulation in IIOJK by India is the implementation of new land laws in the region. In October 2020, the Indian government issued new land laws that allow non-residents to purchase land in the region. This decision has been met with widespread condemnation from Kashmiri political leaders, who argue that it will lead to demographic change and the loss of control over their land.
Kashmiri leaders from mainstream political parties have also rejected the decision of the Indian government to levy taxes in the region without representation. The slogan “No taxation without representation” has been used by these leaders to argue that the Indian government has no right to impose taxes on the people of the region without their consent.
The argument put forth by these leaders is that the Indian government has violated the basic principle of democracy, which is that the people have the right to elect their own representatives who can make decisions on their behalf. By imposing taxes without representation, the Indian government has effectively denied the people of IIOJK their democratic rights.
The Kashmiri political leaders have also argued that the Indian government’s decision to levy taxes without representation is a violation of international law. The International Covenant on Civil and Political Rights, which India is a signatory to, guarantees the right of all peoples to self-determination. The Kashmiri leaders argue that by imposing taxes without representation, the Indian government is denying the people of IIOJK their right to self-determination.
The Kashmiri leaders have also pointed out that the Indian government’s decision to impose taxes on the region without representation is a continuation of its policy of economic strangulation in IIOJK. They argue that the Indian government’s actions are designed to suppress the aspirations of the Kashmiri people and to maintain its control over the region.
Overall, the impact of the economic strangulation policies in IIOJK is likely to be extensive and severe, affecting not only the economic but also the social and political structure of the region. The people of Jammu and Kashmir are likely to face various challenges in the upcoming years as they strive to adjust to this new reality, highlighting the need for the international community to closely monitor the situation and take action to support those affected.
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