And for a Friday in Europe, travelling to Germany and Italy…… and missing all the Excitement and Drama back home…. on Demonetisation….. some thoughts ….
Germany always inspires me. Visiting the BOSCH Hqrs, the new R&D Campus, further reinforces my belief that Germany and India are the Natural partners to take Global leadership in the coming decades.
Germany has Technology, India the Markets; Germany the Capital Intensive Fundamental Research, India has Adaption and Application capability.
IoT (Internet of Things) which defines the Infrastructure of the Information Society, the fusion of Cyber and Physical systems, will propel India ahead only if we have a Transparent Economy.
Tra
nsparent Economy can only happen if Black Money is Curtailed, if not Eliminated. More people are in the Tax net, a level playing field is established and honest Tax players don’t feel cheated.
Hats off to the PM and his Team for the Bold and very correct decision to surgically strike at Black Money Hoarders.
Today’s Youth in Urban and Semi Urban India are already Into Plastic Money. They don’t need Cash. They use Paytm, Dunzo, Amazon, Flipkart etc. How does 500 or 1000 Re note affect them; not at all. At best they carry few 100 Re notes to give tips and the parking charges.
Yes, some people are sleepless, some Builders, Real Estate, Gold Jewellers, Money Lenders, Sattabajis, some CAs, Corrupt Govt Officials, Traders and all those who never believed in contributing to Indian Economy but operated under the parallel are worried. Let them be.
All strong actions may have some inconveniences and teething troubles. Let’s all cooperate and participate in Nation Building – the SEEGOS way.