Imagine this: The real estate builders in Noida pool funds to create a social media campaign comparing the market space in Noida and Gurgaon to get the price difference between the markets bridged a little. The impact: The real estate game changes forever! Digital has not only broken down the barriers between countries and people, […]
In the last blog I talked about how demonetization looks like a TRUE socialist movement or policy created in independent India. The last 3 weeks has indeed been a rollercoaster ride for all of us. As politicians, activists, common people discussed, debated, criticized and accepted the move, memes, conspiracy theories and obnoxious WhatsApp messages and Facebook statuses spread like wildfire.
Even today the nation stands polarized and the good, bad and ugly about the move has rented our peace of mind.
After much conversation, coffee and analysis, my point of view now has some fineprints*. No, I am not releasing videos revolting against and abusing nor am I stupidly relating it to being anti-islamic (yes, high-end functioning brains have called it so), I am simply making amendments to it. The move is first in the line of some major changes we will see soon but for it to be truly impactful it needs to be followed up with some major reforms.
Before I jump to plausible reforms, let’s first look at demonetization at the base level followed by the effect it will bring around in various aspects.
Perhaps the biggest change in India since I have been born has been what we have seen in the last 4 days. It’s not the change that amazes me… It’s the ferocity with which it has happened. For years and decades, cynics like me have been calling for an almost dictatorship like rule in India […]
Its been an amazing last 36 hours. The world has changed more in the last 36 hours than it does over decades. 9/11 and 11/9 are 2 dates that the world will remember for a very very long time to come. If you are Indian, its even more special for you. More on that in a separate […]
I don’t know whether to start this blog with ‘Another one bites the bullet’ or ‘Another one takes a fall’, but that’s exactly my sentiment. We are seeing a dangerous trend in the Indian e-commerce industry where new deals are being done, not from a position of power, rather because they have run out […]
Isn’t it an irony! We spend our lifetime trying to improve our life. But none of us have any means of defining what is an improved life. Really think of it!! We like to think of an improved life as the presence of this or the absence of that. We look at an improved life […]
It is our 70th independence day. I can’t even imagine what the life or world was 70 years back. Of course, I wasn’t there. I can’t imagine what emergency was like, of course I wasn’t there. But I can’t even imagine what life was 20 years back though I was there. It was a different […]
I wrote this piece right after the first Delhi Odd-Even experiment but never published it since I thought its problem over. But considering this is coming back in April, I wanna publish my thoughts. Let me preface this article: I am not an environment unfriendly person. I do my bit. I may not be an […]
E-commerce has lately become a keenly watched sector in India, especially with a handful of home-grown successful ventures being valued at billions of dollars. Likes of Sachin Bansal and Binny Bansal have inspired many of us to join the e-commerce league of India. As easy as it seems, it isn’t one of the simpler businesses […]
Interest Rate – The Most Anti-Socialist Phenomenon
Rich getting richer while poor suffers – this is considered a key evil in the society. This is what keeps us from providing equality. But what’s the cause?
The constitution declares India to be a sovereign, socialist, secular, democratic republic. But we have done little to achieve a better socialist society. Socialism here means equal opportunity, equal rights and equal ability to be able to live well, NOT equal pay. It is equal pay based on work done irrespective of all other factors.
If looked closely, socialism would essentially mean that rich shouldn’t be able to get richer just by the virtue of being rich and because we as a society provide equality. However, India, as an economy, suffers from an extremely high interest rate problem. A high interest rate means rich can live out of just being able to lend money and earn more. Money attracts money. It also makes it more difficult for businesses to flourish and makes entrepreneurship more difficult.Continue Reading