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Bewarse Talk Discussion Board * Archives - 2016 * Cine Talk - Reviews, Gossips, Insider Info etc. * Archive through November 25, 2016 * India made a big mistake with its currency ban < Previous Next >

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Thedarkknight
Pilla Bewarse
Username: Thedarkknight

Post Number: 580
Registered: 07-2008
Posted From: 103.211.39.201

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Posted on Thursday, November 24, 2016 - 10:45 am:    Edit Post Delete Post Print Post

Even now so many precautions can be taken to make the effort success. The following are my opinions, you may chose to disagree.

Short term fixes:

> Fix the cash crunch for daily usage of the public. If cash is not the problem, exchange of old notes ( of course with limitations ) can be extended to few other govt orgs.

> If cash is the problem ( there isn't enough cash printed ), Sell some passes, tokens, cards to be used in various retail stores till the cash crunch issue is fixed ( For day to day usage ). Of course it requires some quick education and propaganda.

> Give reasonable incentives for electronic transactions ( more than the existing incentives ). It will motivate majority of educated folks to move towards complete electronic usage.


Long Term Fixes:

> Establish training and education institutes to encourage the electronic transactions of small and medium scale vendors.

> Some reasonable incentives for small and medium scale vendors who move towards electronic transactions ( Remember, they have inertia because of taxes and 2% charges on white transactions ).

> Reduce the foot print of 2000 rs note usage ( Print them in very low quantity ).

> Encourage the small/mid scale banks ( especially that operate in villages and towns ) to invite folks to open bank accounts with very low min bal requirement
I dont wear spects, only wear contact lens(&goggles sometimes). Only code lang that i know are > c,c++,java,c# & scrpt lang.
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51302
Registered: 08-2006
Posted From: 76.109.163.196

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Posted on Thursday, November 24, 2016 - 10:08 am:    Edit Post Delete Post Print Post


Fanno1:

kaneesam cities lo vunde midle class janam ina, Cards use cheyyatam alavatu chesukunte manchidi.




shps lo tiskovali kada maastaru. lachallo transactions nadise shops lo checks ke gathi ledu, saala mandiki tax kattadam istam ledu.

evaro enduku, maa relatives lo biz chese batch lo okkaru bhi tiskoru checks
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Proofdada
Bewarse Legend
Username: Proofdada

Post Number: 148074
Registered: 03-2004
Posted From: 205.145.107.50

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Posted on Thursday, November 24, 2016 - 10:03 am:    Edit Post Delete Post Print Post

ante awareness baaga thesukochi...ban cheesi vunte bagundedhi...alaa kakunda all in sudden ante kastame kadha... neenu thoopunu ani kaadhu opinion.
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Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1

Post Number: 9209
Registered: 03-2004
Posted From: 68.109.27.99

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Posted on Thursday, November 24, 2016 - 9:26 am:    Edit Post Delete Post Print Post

kaneesam cities lo vunde midle class janam ina, Cards use cheyyatam alavatu chesukunte manchidi. especially chaduvukunna middle class (45+) age group antha ga vaadatam ledhu anipinchindhi.
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Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1

Post Number: 9208
Registered: 03-2004
Posted From: 68.109.27.99

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Posted on Thursday, November 24, 2016 - 9:24 am:    Edit Post Delete Post Print Post

oka praytnam antoo chesaru. Fail aithe avvocchu. Antha pedda economy, andaroo corrupted inappudu prayatnam fail avvocchu.

Kakapothe excution lo konchem tappulu lekunda choosukunte baagundedi.
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Gochi2
Kurra Bewarse
Username: Gochi2

Post Number: 1796
Registered: 12-2005
Posted From: 166.216.165.17

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Posted on Thursday, November 24, 2016 - 8:10 am:    Edit Post Delete Post Print Post

it's very opinionated without any sane ligic. One of the main objectives is to move away from cash transactions and bring awareness. That is more powerful than anything else in Indian context.
naa M lodhi ee DB okati!!
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Superman
Kurra Bewarse
Username: Superman

Post Number: 1736
Registered: 10-2005
Posted From: 107.4.210.180

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, November 24, 2016 - 3:17 am:    Edit Post Delete Post Print Post

https://www.washingtonpost.com/news/wonk/wp/2016/11/22/india-just-made-a-big-mis take-with-its-currency-ban/

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