I am Pramod Rajpal from ProDot, and I hope you recognize me. The recently changed scenario in the country caused due to NoteBandi/Demonetization has divided the whole country into two groups; one group is in support of the decision and call it ‘good’ for the future and second group is against the decision and say it is ‘bad’. These two groups include political parties, media houses, journalists, economists, celebrities, companies, even religious forums.
Just like every coin has 2 sides,
every decision has some advantages and some dis-advantages and both always come
together as a package. This being quite a diverse-d decision it is
revolutionary, reforming, path breaking, path changing; although quite
beneficial at long term for the country certainly would have some difficulties
& problems in the starting phase.
One interesting coincidence is also
there if we correlate some recent instances of the past i.e. Uri Attacks,
surgical strikes, terrorist encounters, protest against Pakistani actors,
NoteBandi; all issues have been highly discussed and debated upon by the media
in the recent days. Point to be noted here is that the people who supported all
these steps are the same people who support NoteBandi and the people who
disagreed with all those acts are the same people who are against the NoteBandi
announcement. This proves that all these incidents are not mere coincidences;
rather they are 200% political actions.
The above reason shows that
different political parties calling NoteBandi ‘good’ or ‘bad’ have their
political opinions rather than a logical and thoughtful opinion, which is
understandable. You can see the ruling party and its supporters calling it ‘a
revolutionary decision’ whereas all opposition parties and their supporters are
busy finding shortcomings in the policy, in the process, in timing and calling
it ‘a disaster’. Try correlating any person’s political background with his/her
positive or negative views on ‘NoteBandi’ and you would easily be able to
establish the political connection. People are influenced by the opinions of
the political parties they support or are a part of. Interestingly, no one is
saying or daring to say that approach is ‘bad’ or ‘wrong’.
Reasons are not political always,
sometimes they are against because of their individual loss too as “We find
anything ‘good’ or ‘bad’ AS PER it is a beneficial or loss-entity for us.”
Interestingly, there is one category
of people who are always negative, always unsatisfied, unhappy or unwilling;
somewhat like a Hindi movie character by the name of ‘George Kutty’ played by
‘Prakash Belawadi’ in Akshay Kumar’s famous movie ‘AIRLIFT’. Remember?
So far as charges and allegations
are concerned such as ‘information leak’ by BJP to its collection wing or
Reliance JIO, PayTm etc. Logically speaking, say if today for constructive
reasons the government bans any commodity like cigarette or whiskey or diesel
cars then automatically the sale of alternate available products would increase
like in this case Beedi or beer or petrol cars, and it is a natural phenomenon
well understood by all. In this situation linking of natural beneficiaries to prior
planning to for benefit of certain companies and individuals is simply ‘dirty
politics’.
Overall,
if we look at the gains to the majority of honest law abiding citizens of India
because of NoteBandi, we all can agree that it will:
- Curb black money (if not 100% then at least 50-75%)
- Curb corruption (less black money would lead to less corruption)
- Curb inflation (caused due to fake currency)
- Curb terrorism (by breaking its backbone, fake currency, and illegal income generation)
- Curb Naxalite terrorism (by reduction of fake currency used to empower them)
- Increase GDP (by merging parallel economy in the main economy)
- Increase tax revenues (by inviting more tax returns than before and fines paid by defaulters)
Apart from the above points, this
will also create a balance in the society and lead to the betterment of the
lower middle, middle and upper middle class. As in last two decades due to
increasing in education, opportunities, liberalization, cash flow, valuation of
property, salary & business earnings, fake currency etc., black money has
grown to the extent that it is close to the main national economy and is known
as the parallel economy. This parallel economy has widened the gaps in the
above 3 classes of Indian society. Curbing black money certainly would shorten
these gaps and make a safe, homogenous and progressive society which has less
grudges and lesser crime in turn.
Talking about our industry (IT
industry), as far as imaging/compatible/refilling/recycling industry is
concerned I think it will grow provided we offer better products and better
services to the end user. Here ‘better’ means ‘close to OEMs’. May increase the
price-range but quality of products and services should really be better. The
fact is in spite of our products being so cost effective (50-75% than the price
of OEMs) we’ve not been able to capture a share of OEM products.
So far as IT
hardware/media/networking industry is concerned, commodity wise there should
not be a negative impact as they are NOT purchased as show biz or status
symbols. In the initial phase, they may have a negative drop that too in
premium or lifestyle range of products but commodity wise not much drop is
expected to happen.
So, be positive to make others
positive. This policy is in no manner going to affect us negatively and it is
the boldest step which could have been taken by any political leader. In fact,
maybe 50%+ BJP leaders (out of totaling in lacs) might not be happy with this
decision from the inside. ‘NaMo’ has already taken some impressive steps
towards better INDIA by launching schemes like Jan-Dhan Yojana, MAKE
IN INDIA, GiveItUp etc. So, let's support and encourage ‘NaMo’ to take even
bolder steps & measures in future like ‘benami property bill’ to curtail
corruption, black money, clean politics and in turn make a better future for
India for the next generations.
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