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Demonetization: The rights and the wrongs

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As the nation comes to grip with the fact that their money has overnight become virtually worthless, one can’t help but wonder about the origins and consequences of such a move. By effectively wiping out 86% of the cash in circulation, the Narendra Modi government has created a cash crunch so terrible that it may take months for growth to bounce back. This is where the media opinion has acted as the executioner by looking at the problem from a short term and naïve perspective, not realizing the wide ranging ramifications it can have.

First of all let’s understand the basic reason for this move. As touted by the Modi government, this move is a fight against black money and fake currency induced terrorism. Note how the Kashmir unrest that was at its peak died down instantly with no purported truce between parties concerned. This is the greatest achievement of this move and some might feel everything after this will go downhill. Now the fight against black money is a lot more complex than any of us can imagine.

It’s been said that the money is not a stock but a flow and this is not an effective way to target black money. However, one must realize the amount of political capital that Narendra Modi has at stake due to this move. This move hits hard at the middleclass traders whose businesses are essentially undergoing a recession as people begin to postpone conspicuous consumption. This is the principal vote bank of Narendra Modi and this move has the ramifications to upset this class and turn them against this government.

If Narendra Modi has effectively gambled on his chances of getting elected again, one must realize the amount of planning and thought that could have gone into the action. The government is not stupid. It has the vast experience and knowledge of the tax authorities and the Reserve Bank at its disposal. It would be childish to assume that the government has no idea about the loopholes in this action. As I hear from the community around me, people with reach have effectively managed to convert this money into gold, real estate etc. Others have found ways through commission agents to convert their old notes into new notes by paying the same amount as they would have if they had honestly paid their taxes before. Therefore, even though they get to keep their money, it is still unaccounted and they have ended up losing as much as they would have if they had been honest about it. Also it can come back to nip them in the bud.

Chances are we shall soon see action against other means of stashing this illicit wealth. If that does not happen, this move could be considered a mediocre success as far as curbing black money is concerned. Then again, politics is a game of optics and illusion whereby Modi is showing that he has the balls to take action against black money whether that happens or not is a completely different issue. This sole display of a 56 inch chest can garner him several followers.

Let us now move ahead to the way this move has been received by the country at large. Several media reports talk of the situation as an economic emergency. Almost all sources of media have decided that this move is anti-people and anti-poor. What they fail to grasp is that while they try to win this battle, the government has already run away with the war. No matter how many interviews, testimonials and alleged deaths are shown, the fact remains that the populace has at large taken this as a sacrifice for the greater good and a large majority has supported this move wholeheartedly in spite of the hardships faced. A major reason for the poor people supporting this move is the feeling of schadenfreude that they get as they for the first time, seeing the rich industrialists running around to save their money.

This brings us to another problem in the Indian economy. The fact that a poor person can experience joy due to the suffering of the rich in spite of the fact that he himself must bear the pain for no fault of his speaks volume about the hatred and dislike of money. If India wants to project itself as a vibrant and open place of business, it must take a note of the socialist behaviors of its masses. If the rural poor abhor their richer counterparts so much, one wonders whether we can really industrialize ourselves. What this schadenfreude shows us is that the rural and poor India despises the ugliness of a richer lifestyle and this has proven to be the primary impediment to our growth in recent times. We must shed this leftist idealism and root out populism if we are to realize the dreams of the aspiring India.

Several people have blamed the government for ineffective planning and faulty execution. For this move to have any significant impact, the element of surprise was of foremost importance. If anyone got wind of such a move, it would crash before taking off. Not to mention the government would be unable to postpone it as the common man would have already got an advance warning. By recalibrating ATMs in advance or by bringing about a sudden spurt in printing of new notes, the government would have risked rumors breaking out.

Another criticism is that by bringing in the Rs. 2000 note before the Rs. 500 note, the government made a massive error since no change could be found for the higher denomination note. Yet if you think about it, by printing in advance a radically different 500 rupee note when another note of the same denomination was in circulation, the government would risk rumor mongering. The same cannot happen with a brand new 2000 rupee note. Also, it takes the same time and effort to print a single note, whatever denomination it may be. By introducing a note of higher denomination first, the government can bring liquidity in the market faster as it can print 4 times the value in the same amount of time by printing a 2000 rupee note. So instead of having no money due to ATMs running dry, people face only a little hardship because they cannot find change. At least they have valid and legal tender money. As far as the move to introduce a new 2000 rupee note is concerned, even I have my reservations. Although economically it makes sense as the cost of the note will be several times lower than its face value.

Finally to round it out with the medium and long term benefits. Real estate prices are sure to see a drop due to reduced liquidity leading to preference for banking transactions. The economy will definitely see a drop in inflation as people run out of hard cash to make purchases. It promotes and inculcates a habit of engaging in digital transactions for as many people as possible. It also ends up as a valid successor to the Jan Dhan Yojana so if you did not open a bank account voluntarily, the government is forcing you to open one now. Also the money that doesn’t come back to the banking channel effectively reduces the liability of RBI, although I shall not go into the technicalities of it as it is still vague as to whether this can be transferred as dividend to the government or not. Terror funding has definitely taken a hit and the menace of fake currency has been halted.

In hindsight, one must say that this move must have been planned long back. The government started with promoting bank accounts for all, Aadhar cards for all and mobile transactions. The JAM trinity was a precursor to this move and one cannot ignore, that if you had been a part of this, you would not have suffered right now.

Happy Bhagwad Gita Jayanti? Indeed

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Somebody says that today is Gita Jayanti. Now that Gita is mentioned, let me grill your minds a bit.

कर्मण्येवाधिकारस्ते मा फलेषु कदाचन।
मा कर्मफलहेतुर्भूर्मा ते सङ्गोऽस्त्वकर्मणि॥

Remembering this famous Shloka of Gita. One great thing about this Shloka you cannot fail to notice is its admiring master play of words. The poet says, Karmanye ie in your Karma or work you have the Adhikar or the right and Ma Phaleshu ie and not to the fruit Kadachan or ever.

However, it is often misinterpreted as in the karma lies the fruit. I used to read in my text book, with my teacher teaching that “Karm Karo Aur Fal Ki Chitna Karna Chhod Do”. Arre bhaiya phal ke tension ka bhi sawal nahi hai. Phal ka tumhein adhikar hi nahi hai to tension yaa chinta aaega hi Kyun. Phal tumhara nahi hai aur tum phal ke nahi ho. Tum bas karm ke ho aur karm tumhara hai. This line bars you away from fruit.

Again the poet only strengthens the first paragraph and goes on to say Ma Karmaphala Hetu Bhu Ma ie not let your fruit be Hetu or motive of your Karma. Significant is the usage of word Ma or not which itself gives you a strong “things not to do” feeling. Again “fruit” is a bad idea bro. Te Sang Astu Akarmani ie nor let your attachment of any kind to Akarmani ie inaction.

However all we do is never follow it. We are a country with Isme mera kya hai? Mujhe kya milega? feeling. John F. Kennedy didn’t have a creative thought when he said, “Ask not what your country can do for you, ask what you can do for your country”. He just repeated what is said in the Gita. Country is a Phala here. Plagiarized greats ehh? Foreigners read our Granths better than we do. They learn from us better than we do.

Why do you think god will ever listen to us? Have we ever visited a Mandir, mosque or a church without having a single desire in our mind? We even do charity thinking god will give us heaven. We give alms to the poor asking for peace and prosperity in our family. We kill people thinking we will have an afterlife sex with 72 virgins. Are we really true to this one basic thing selflessness? The Karma-centric values has turned in to the Phala-centric greed. Our youth doesn’t understand our own values. Are we losing the righteousness of our rich heritage to the Dhong of Fruits?

What we lack is resistance to our desires what we have is hidden inceptions of greed. Greed inside a greed inside a greed inside a greed. We are so messed up. Kalyuga, indeed!

Happy Gita Jayanti? indeed.

नोटबंदी का असर

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मैंने अच्छे अच्छों का मुखोटा उतरते देखा।
बहुत से ईमानदारों को बेईमान होते देखा।
या यूँ कहूं कि बेईमानों को ईमानदार होते देखा।

सीने से लगा कर रखते थे जो,
उन्ही को 500 के नोट्स जलाते देखा।

100,100चक्कर लगवाते थे जो,
उधारी नही चुकाते थे जो,
उनको 500 के नोट्स के साथ,
ले लो ,ले लो का शोर मचाते देखा।

छिपा छिपा के रखते थे जो 500 के नोट्स,
उन्हें नोट्स को उड़ाते देखा।
छोटी बड़ी रकम को लेकर,
लोगों को इधर उधर भागते देखा।

वाह रे मोदी जी की महिमा
मैंने विपक्ष को पहली बार ,
घबराते देखा।

लख लख धन्यवाद मोदी जी,
आज ईमानदारी को बेईमानी को मात देते देखा।

-डिम्पल

नोटबंदी और विपक्ष की शरम जनक भूमिका

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मोदी जी हमारे देश के प्रधानमंत्री हैं, कोई जादूगर नहीँ जो छड़ी घुमाते, और एक ही दिन में सारा देश currency बदल जाता। निश्चित तौर पर इतने बड़े फैसले को थोड़ा समय चाहिए। 125 करोड़ की आबादी का देश और मोदी जी ने केवल 50 दिन मांगे हैं, जनता साथ देने को तैयार है।

विरोध् करने वालों से एक बात पूछना चाहती हूं जब आपके शरीर के किसी अंग को कोई बीमारी लग जाती है आपको डॉक्टर कहते हैं, operation करना होगा। आपका अंग ठीक हो जायेगा पर 2 महीने आपको तकलीफ सहनी होगी। आप क्या कहते हैं? ठीक है डॉक्टर साहब, मैं अपनी बीमारी ठीक करने के लिए 2 महिने की तकलीफ सहन कर लूंगा। इसी तरह हमारे देश को काला बाज़ारी आतंकबाद आदि अन्य बीमारियों से बचाने के लिए एक operation किया गया है। निश्चित तौर पर कुछ समय के लिए तकलीफ होगी, पर आने वाले समय में देश बीमारी मुक्त होगा।

बिपक्षी दल शोर शराबा करने के बजाए आम आदमी की मदद करें। उनका form भरें, उनके लिए पानी चाय का इंतेज़ाम करें, बैंक के बाहर खड़ी lines को ठीक करने करने में मदद करें, तो ज्यादा अच्छा रहता।

How is Indian IT warming up to Trump?

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“First, they ignore you, then they laugh at you, then they fight you, then you win.”- Mahatma Gandhi

In the recent times, nobody more than Trump can relate to this quote. Forget the Republicans, even Trump himself must have been shocked with the sheer kindness and gratitude showed by fellow Americans, African Americans, Hispanics, Mexicans + Muslims (not them perhaps) and the list goes on. Some time back, The Economist rated Donald Trump’s Presidency among the top ten global risks, almost equivalent to the growing threat of terrorism. That hardly sounds ghastly.

But the idea of Trump has slowly starting to sink in and people are holding their fire to see how his presidency plays out after he takes over the Grindhouse, oops, the Whitehouse.

America’s billionaire real estate mogul got so far by projecting US as a victim of circumstances where the Desi techies ransacked the white dudes and how?

His ambiguous, untethered pitch which seemed far from reality was always prone to rapid turnaround (owing to his mood swings). The entire world is hoping it turns out that way, no one is hoping more than the beleaguered Indian IT industry.

Though Americans are battling to recover from this tectonic shift, it needs to be seen what does his win has for Indian IT sector.

Granting it was a horror show watching Trump trump it (finally it rhymes), let’s review ground reality here.

Many of the U.S. Tech firms have set up development hubs in India and it might be unhealthy for U.S. economy to destabilize the benefit of saving millions of dollars. So, if the Trump led government is hell-bent on tearing down the outsourcing business by taxing Indian firms heavily (which sounds more like a report from a teenager who hasn’t read the textbook), he would be doing it at his country’s economic peril.

Trump’s rallying cry for protectionism is keeping Indian IT industry on the tenterhooks, which is already under severe pressure owing to sluggish economic growth and dwindling profit margins. Think of Justin Bieber coming out of rehab to find out he’s just got a speeding ticket.

Having said that, booting Indian IT professionals from America is as unimaginable as much as it is spooky. It is like watching movies without the song and dance sequence.

Moreover, India has consistently ranked well as a destination for outsourcing not because of economic attributes, but due to its unparalleled talent pool which keeps churning engineers after engineers each year. So much so, throwing out a few hundreds isn’t such a bad idea after all.

The immediate reaction appears to be divided from the Indian IT sector for Trump’s America, however what transpires on the ground may not be as sensational as The Economists puts it.

Every politician fighting election is like a wrestler desperate to show off than show up. Indian IT is as fundamental and ingrained in American culture as ‘Raj Koothrappali’ of Big Bang Theory, however naïve it may sound or appear, the show is incomplete without it.

However controversial it may be, he is the President of the Divided States of America. Let’s hope it benefits Indian IT before he builds the wall!

Techies of Technopark kick off campaign for #CashlessTechnopark

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Techies kicked off a campaign to transform the Technopark, which is the first IT park in India, to a fully e-transaction enabled IT park. As the first step, a seminar was conducted on the need for adopting cashless payment mechanisms and highlighting the need to popularize these among the various vendors in Technopark. The campaign was organized by Vivekananda Study Circle (VSC), charitable society working among the techies. The seminar was chaired by Technopark CEO Hrishikesh Nair and enlightened by eminent chartered accountant Ranjith Karthikeyan. Also Digital banking Ambassadors like Venkitaraman (General Manager, SBT IT), Kiran Bhasi (PayTM), Praveen Prakash (HDFC) from various banking and payment organizations also participated in the seminar.

Speakers at #CashlessTechnopark Campaign

Technopark CEO urged the vendors within Technopark to adopt cashless payment mechanisms and offered all possible help to enable them for the same. Eminent chartered account Ranjith Karithikeyan who delivered the key-note speech pointed out that we cannot continue the cash based transactions for long and it is high time that people realize this and adopt cashless means. He not only urged the techies to learn the cashless payment modes, but also to educate at least 10 others living in and around society where they live. He also requested the Technopark CEO to start a campaign to educate the small-scale vendors in various markets in Trivandrum like Palayam, Pangode, Chala etc., by making use of the brand value that techies carries. Representatives of various banks also shared the opinion that cashless transactions are the need of the hour and that the current service charges for digital transactions would come down once the number of digital transactions increase. They also raised concern that cashless payments have not picked up even in a place like Technopark where more than 50,000 IT professionals are working.  Seminar was followed by a question and answer session in which the banking and PayTM representatives answered the queries of the techies and various vendors within Technopark.

As the next step in enabling Technopark for cashless transactions, VSC is planning for a training program for the different vendors and shop employees within Technopark on how to use the various Digital payment mechanisms that are available in market like PayTM, SBI Buddy, UPI etc. in collaboration with the banking and other financial organizations. Also VSC is planning to provide training to the techies who are interested to become the ambassadors of cashless payments, for enlightening the shops in around Technopark and Kazhakoottam. VSC welcomed all the techies who are interested to be part of this cashless payment initiative and urged them to reach out to VSC volunteers.

A practical approach to preserve Indian vernacular languages

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With the rise of English medium education, a lot of intellectuals on both the left and the right, worry about the extinction of Indian languages. It is indeed true that students learn best in their mother-tongue during the primary years. At the same time, it is also true that the ability to pick up a new language like English, is highest in their junior school years. And for good or bad, better or for worse, English-medium education makes a person far more employable in India.

Left-wing intellectuals advocate that the medium of instruction should be in the mother tongue during the primary school years. This experiment was tried out with disastrous results in West Bengal. Right-wing intellectuals worry about a generation disconnected from their ethos and culture. While there is no denying to the threat to Indian languages, one must be careful to take a pragmatic approach while dealing with this problem. Heavy handed coercion based techniques such as amending the constitution to impose the mother-tongue during primary years are never a good solution. Such suggestions blatantly disregard the right of parents to be able to make decisions which they think are in the best interest of their children.

You have to ensure that no school runs its primary classes in English medium, otherwise you will observe a Goa like situation as described by Reality Check India. When there are two groups of schools, one running English medium classes and another running classes in the mother tongue, people rush to the English medium schools for admitting their kids, hence the schools imparting classes in mother tongue don’t survive. Unlike a country like Japan or France, where one language is dominant, you now have to ensure that only the mother tongue (language of the state) is used and not Hindi. This is specially problematic when you think of children of those in transferable jobs in the private sector or Central government. So enforcing the mother tongue is not really possible without an undemocratic, coercion based approach. Minority schools will always get an exemption to use English as the medium.

And assuming a hypothetical scenario where the vernacular language is indeed enforced, it is extremely likely that affluent folk will send their kids for private coaching in English. Or perhaps, teach it at home themselves. This kind of a scenario will only exacerbate the divide between the poor and the well-to-do students. With greater fluency in English at the end of schooling, the latter is likely to have a distinct edge in the job market.

At the same time, there is a different kind of coercion at work, which implicitly creates an apartheid favouring English. Premier institutes like IIT, IIM and AIIMS are English medium. Also, courts are only accessible in English. This is something which must be addressed. Either the center or the state, should build a high quality university offering humanities, commerce, science and professional courses in the local language. Less than 10% of Indian citizens move more than 200 km from their home, when they grow up. Such a university may be able to churn out an engineer or a doctor or a journalist who can deal with local folk in her home state, in the local language. Courts could ensure that judges and lawyers know not just English, but also the local language. The knowledge that quality higher education is accessible even in the mother tongue or the local language, may serve as an encouragement to good students in vernacular medium schools, to continue in their own school (and not shift to a CBSE or ICSE English medium school). Scholarships may be offered to such students. A Tamil student must have the option to become a doctor in Tamil medium and treat patients in rural Tamil Nadu and converse with them in Tamil itself.

A well funded university or centre of excellence, in the local language, might also be able to serve the purpose of updating the vocabulary and technical terms, to keep the language fit for contemporary and professional communication.

The government or the media could also take note and publicise the unique paradigm followed at Sardar Patel Vidyalaya in New Delhi. From kindergarten till class 4, the medium of instruction is Hindi, with English as a second language. Class 5 is a transition year where Mathematics and Science are taught in English, whereas Social Science is taught in Hindi. From Class 6, the medium of instruction is English, with Hindi as a second language. This is a top school in New Delhi. The school has consistently ranked within the top 3 schools in Delhi based on the average score in CBSE Grade 12 examinations from available performance data for 2014, 2015 and 2016 . So students have their foundations in Hindi and still receive their middle, higher and secondary school education in English.

Something which keeps the English language thriving is the abundance of interesting literature which makes reading a joy. This brings characters like Harry Potter and Noddy to the junior school kid. We need to be aware that our books for Hindi are incredibly boring for young children. In an era of trains, planes, cars, computers and internet, the excited school student does not want to read a sermon on morals, culture or patriotism – this is what a large number of Hindi stories and poems in textbooks are invariably about. Chetan Bhagat and Amish Tripathi became popular English writers in India, because they wrote something entertaining in plain and simple English. They avoided the pretentious and sanctimonious style used by Indian authors of a more literary background. We need such light-hearted or even frivolous stories in our local languages, to make reading enjoyable. Currently there is too big a difference between casual, colloquial Hindi and what is present in the textbooks. It is likely that this holds true for other Indian languages as well.

The last point I’d like to touch upon, is a recognition of the failure of the third language slot in the school syllabus. Some states have a mandatory third language all the way till Class 10. In many states, this is taught only from class 5 to 8. A large number of ICSE and CBSE schools teach Sanskrit for four years but despite hundreds of thousands of students studying it, the world’s only Sanskrit daily struggles to stay afloat. This should be a sobering reminder that simply forcing a language onto a large number of students, and making it an academic burden in their school years, is not a way to preserve it. It will perhaps be better, if even just a few thousands of students study Sanskrit – but are taught well, in an enjoyable way which generates a genuine interest in the language and perhaps encourages them to study it even after Class 8, as an elective subject. Teaching Sanskrit to a large number of disinterested students is also a bit problematic as it becomes a squandered opportunity to teach them a modern Indian language such as Kannada or Telugu- which could be far more useful to a student from Delhi who ends up working in Bangalore or Hyderabad. There should be a focus on speaking and conversing in the third language, to appreciate it better.

Keeping these ideas in mind, it might be possible to preserve our own languages, and see them flourish, without making a huge economic gamble of suddenly swerving way from English. A great amount of top notch research at US universities is done by those whose mother tongue wasn’t English, and that could be replicated in India as well. The much reviled elitism of English-medium educated products in India is a consequence of states trying to forcefully promote the mother tongue, leading to a situation where the English-medium educated find themselves more favoured in the job market. Let’s not be too obsessed by which language a student learns – the idea is that a student must know at least one language very well.

Pakistan Army: Snake bites its own master

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Qamar Bajwa has acceded to the most lucrative and coveted post within the establishment of Pakistan, succeeding Rahil Sharif as the Chief of Army Staff. As the nationalist Pakistanis bid adieu to their rockstar Rahil Sharif through twitter and other platforms, I try to put forward the reasons why Pakistan should lament their celebration, if not, deplore the folly of Pakistani army.

The Pakistan army extorts a disproportionate share of GDP from the national income of Pakistan and justify their inordinate expenditure by maintaining hostility with India on the LOC. The primary reason why every diplomatic effort from India to establish peace is retaliated with a terror attack is because the Pakistan army fears that any pacific and amicable environment between India and Pakistan would prove detrimental to the interests as their future budgetary cuts on the defense sector. The military would become useless and they will lose the authority that they currently wield over the domestic and foreign policies of Pakistan. Their stronghold over the Pakistan’s economy, polity and society would cease to exist. The sustained Pakistan’s hostility with India damages the Pakistan’s economy to a tremendous extent. First of all, they lose a big share of their national income to serve the luxury of Pakistan’s inefficient army, which otherwise could have been spent on the education, health, skill development and energy needs of Pakistan. Secondly, they lose the significance of their strategic location as they could have been the gateway for India to Afganistan and other Central Asian countries which would have benefit them economically and geo-politically. Post Uri attack, the anguish and public sentiments within the domestic public led to an ouster of Pakistani artists working in India putting their professional career at peril.

The ramifications of Pakistan’s Army policies are not limited to relations with India but it extends to some major security challenges that exists within the boundaries of Pakistan. The brutal crimes, murder, torture, rape and genocide by Pakistani army in the erstwhile east Bengal led to a revolt against the central authority ultimately leading to creation of Bangladesh, which in many ways is more peaceful, prosperous, tolerant, stable and developed country vis-a-vis Pakistan. But, the Army did not learnt it’s lesson and continued their policy of suppression at Balochistan which is currently the nucleus of insurgency in Pakistan vehemently seeking independence from Pakistan. The support of army to the “good terrorists” to further their malicious geo-political gains in India and Afganistan has dealt a severe blow to the security apparatus of Pakistanis. The ecosystem that nurtures, trains, arms, finances and foments terrorism as a state policy has led to the creation and bolstering of terror groups that are inimical to Pakistan itself. Incidents in 2014 at Peshawar school, in 2016 at Bacha Khan university and recently, in a mosque at Quetta reflects the fact that the snake has started to bite it’s master. While the master suffers, the distressing point is that the children and normal citizens have to lose their lives because of the fanaticism of the army, the body which is generally meant to protect people’s lives from lethal threat. Post Uri-terror attack, Pakistan has become more isolated in the South Asia and it will continue to get isolated at the international fora unless it changes it’s gears, which seems unlikely in the near future.

Unless the democratic values and civil society in Pakistan are strengthened, the people would continue to suffer. But, the problem is that even the young Pakistanis have been taught so much enmity and hostility against India in their school books to justify the legitimacy of an army state that even the educated Pakistani prefer military rule over democracy as was evident when posters were put out few months back in cities of Pakistan literally urging Rahil Shareef to do a coup. It reflects the obsession of people with military rule and their ignorance of the fact that army has done more damage to them than anyone else.

When TN saw humour in tragic times

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December seems to have a very odd and unsettled bone to pick with Tamil Nadu. The death of M.G.Ramachandran, the then Chief Minister of Tamil Nadu (1987, December 24), Tsunami (2004, December 26), The floods (2015, December 1) and now the death of the Chief Minister J.Jayalalithaa.

Although the events that unfolded since Sunday evening were tragic and depressing, there was one teeny tiny moment when the people went on berserk mode, exhibiting the inherent humour in them.amma

While Jayalalithaa or “Amma” as she was popularly known and acknowledged laid in Apollo Hospital, battling for her life, the media went crazy. One particular TV channel, the Thanthi TV, took the craziness to a whole new level when the reporter, Mr. Rangaraj Pandey, announced on television that Amma had passed on. This was when Apollo was denying reports of her demise in parallel and when there was no official information being announced yet.

While we all know how TRP hungry the mainstream media is these days, even at the cost of sounding ridiculous and preposterous at times, this was atrocious. Soon after that announcement, other channels followed suit in announcing the news by way of “BREAKING NEWS” and news scrolls at the bottom of their pages. The fact that the Egmore office of the Thanthi TV was shattered in response to this untimely and incorrect reporting is a totally different story.

When Apollo authorities came out to deny these reports, the channels did a Kejriwal and inserted a measly “?” at the end of the images displayed on their screens, thereby converting the assertive statement to an interrogative one. Well played, Media, very well played! But the damage was already done (Apart from the Egmore Thanthi TV incident, I mean).

Twitterattis just lost it and went complete gungho about it. Within minutes the hashtag #RIPThanthiTV was trending just below #Jayalalithaa that night. While some people went on to curse the mainstream media for its callousness that is only well known, some of them took to twitter to create and circulate memes and exhibit their artistic capabilities.

Some interesting tweets go as follows which is promptly followed by some hilarious memes and screenshots-

“Only in India do news channels give health reports while hospitals give press releases
-@TheShake2000

“அடேய் இன்னுமா தந்தி டிவி ஆபீஸ் இருக்கு சென்னைல?? ” @Justwatchreview

While the former image is from the cult comedy “23aam Pulikesi”, the second one precisely points out the capability and talent of the medical marvel of media that is Sagarika Ghose.

No complaints there.

On a serious note, Tamil Nadu has lost one of its best administrators and never will that void be filled again. It all ended where it had begun, in 1987!

Rest In Peace, Amma!

How Demonetization tackles counterfeit currency and black money: Explained via analogy with Playing Cards

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When PM Modi announced Demonetization on 8th Nov, he explained that it has two main objectives:

  1. Getting rid of fake currency notes that have been pumped into our economy
  2. Bringing the black money back into the economy where it can be used for country

If you were not clear about how removing high denomination notes can achieve these two objectives, allow me to explain it by drawing analogy with Card game ‘Teen Patti’ aka Flash.

Let’s say your family and friends gather on Diwali and decided to play ‘Teen Patti’ using a pack of cards of Yellow color. Let’s assume in a group of people some were dishonest.

Case 1 – Black money

In each round of game, one Mr. ‘A’ keeps looking for Aces. As soon as he gets an Ace he hides it in his cuff (a popular trick among gamblers) for use in upcoming rounds. So after every game, when pack is shuffled, number of cards are not 52 but less than that. Therefore.

  • The aces that he is hiding, is the black money that got generated.
  • It is not part of the economy (cards being distributed)
  • It deprives other players to have a fair chance of getting good hand. In real world, the money that should have been used for building schools, hospitals roads and infrastructures is trapped with some people.

Case 2 – Fake Currency

Another Mr. ‘B’ takes help from Mr. ‘C’ who is not playing the game. Mr. ‘C’ gets a pack of cards which looks exactly similar to the pack of card which is being used to play the game. Mr. C quietly slips some big cards to Mr B using which Mr B keeps winning the rounds.

  • Now after every round when all cards are put back for shuffling, some extra cards are finding their way into the pack. So effectively there are more cards than issued.
  • This disturbs the calculation of all the players. For example, if I have 2 aces, I will be sure that no one else can have trail of Aces. But with fake cards into the circulation there is a possibility that someone managed to get 3 Aces. It destabilizes the dynamics of the game and in the context of country, it can impact the economy of the country.

Lets say you figure out that there is something wrong and you strongly suspect that someone is either putting in fake cards or someone is blocking cards. You immediately announce that pack of cards will be changed from immediate effect. Instead of old Yellow color cards you decide to use Pink colored cards now onwards.

What would happen to those who were hiding Yellow color cards in their cuffs? Those cards suddenly turn into piece of paper. Just like the 1000-500 notes which were illegally held by people seized to hold any value after midnight of 8th Nov. This was black money which is suddenly of no use unless one gets a chance to exchange his old Yellow cards with new Pink cards. You won’t allow that obviously.

What would happen to the counterfeit Yellow cards that were smuggled into the game? They also don’t carry any value because now the game is being played by Pink colored cards. Mr B can’t come to you and ask you to replace his counterfeit cards since this will get him caught. So he has no option but to either burn it or drown it in the banks of river Yamuna. Sounds familiar?