Trump’s 100 days

President Clinton came to our world stage to champion opportunity for all, responsibility by every individual, and the need for a united community. Barak Obama brought Hope and Racial Equality to the White house. President Bush created regime change in Iraq, from an old ally against Iran, who was in no way connected to 9/11.  President Trump has now crossed a 100 days in office and the world looks on amazed at what these men accomplished in their world views. Clinton brought the festering European sore, of the Balkan religious wars, to a sustainable peace. Barak was steadfastly against outright war and expansion of American troops abroad, but held firm to American beliefs and power by killing Bin Laden.

President Trump has out trumped them all with his first hundred days achievements, if one listens to his administration.  He has signed 24 executive orders in the first 100 days a modern day record. One of his signature achievements (literally executive orders) is bent on reversing a Federal Ocean preserve, back to commercial use; a power only the congress has. Another contested one is the State Tax exception removal where Blue States suffer most. Trump, in contrast to the great economic wars fought by Roosevelt and Obama in the start of their presidencies there is no major signature. Trump took office following 75 straight months of job growth, a 4.7 percent unemployment rate, and the wind down of massive, post-Sept. 11 troop deployments.


We can have great prosperity in the future with an energy boom and an IOT boom opening up the economy. Apple, Google, Amazon, Facebook, Microsoft, Tesla are giants of the new digital age that is emerging and powering the US economy along. Oil and gas from Fracking continues its rapid growth ushering in a new energy independent age. Their incredible contribution to rapid economic growth has kept the US economy growing as the Government has had to step back, because of our growing Federal Debt. Now with the promises of lower taxes and help to bring profits back from offshore, Trump may raise the Capital badly needed, to invest in the infrastructure of the US. He hopes to bring in Billions from safe havens back to the US for deployment on the infrastructure and energy systems of tomorrow.

Only problem it is that he seems to be driving while looking at the rear view mirror. The past is apparent in trying to repeal Obama Care and replacing it with less healthcare for all. He has brought together a group of white conservative men to lead his administration; and changed the Supreme Court for years to come, to a more conservative stance. An administration of billionaires will do what is good for them, and the masses will enjoy a trickledown effect. Future generations will fight climate change and women will lose reproductive rights over their own bodies, and racial equality will suffer. The Greatening of America in the first 100 days leaves much to be desired from my point of view, as none of the laws passed can be counted as a “major reform”.President trump

Rig Veda – First Verse

Today I spent time studying the first verse of the over 1,200 verses in the first of our four Vedas, commonly known as the Rig Veda. When in doubt, wise men have told me to try and go to the source of the doubt. So I sought out the most ancient chant in our tradition. What could an ancient verse that survived many millennia in a spoken tradition, chanted by priests and their families, till writing was invented, tell me? Ancient Sanskrit has changed and one has a problem understanding it, but the message of the verse; is a bedrock of Hinduism and clarity shines brightly through in an intensity, that shows the clear thinking, of the ancient mystic who wrote it.

Agnimile purohitam, yagyasya devamrtvijam, I hotaram ratnadhatamam II

A learned mystic Sri Aurobindo translated it as, “I adore the Flame, the vicar, the divine Ritwik of the Sacrifice, the summoner who most founds the ecstasy.”

One of he most ancient of Mantras to survive in human existence is also translated as: “I venerate Agni, the priest (lit. who is placed on the seat of honour/in the East), divine ministrant of the sacrifice, bestower of treasure, par excellence.” 

अ॒ग्निमी॑ळे पु॒रोहि॑तं य॒ज्ञस्य॑ दे॒वमृत्विज॑म्। होता॑रं रत्न॒धात॑मम्॥१॥

Well any of us who have invoked Vedic Mantras while lighting Agni in the Havan kund know the ritual well. We start with (water, samagri, ghee and samidha) dry wood kindling and special mixture of natural items found in nature, to purify the air and raise the sacred flame of Agni within and without. We know that its a homage to the fire of creation, which burns in each and every one of us. It is only now when I have had the pleasure of reading the first verse of (our strutis) or knowledge passed down, by the invokers of the devas. The ancient sounds have not changed much from when they were first spoken, to express human ecstasy, while conducting the fire sacrifice (Havan or Homa). It is we who have forgotten them, and the ancient rishis still lead us to the righteous path.

It is rumored that when Edison asked his friend Max Muller to do the first recording in human history, he recorded this first verse for posterity.  This first recorded sound kept up an ancient Indian spoken tradition, unbroken in recorded time and still alive as originally spoken. So the ancient seer spoke these words and passed them on to his progeny, generation after generation, from the time the Arya arrived in India, and made it their own home. I am a product of these settlers in the rich valleys of the five rivers in the northern plains of Hindustan, in a region now known as Punjab.   The Indo-Aryan migrations started in approximately 1800 BCE, after the invention of the war chariot, and also brought Indo-Aryan languages into India.

In the Epic Mahabharata Arjun rides a war chariot and Krishna is his charioteer who drives and protects him and pulls the chariot up in between the warring cousins on the ancient battlefield of Kurukshetra. The sun reflects off of the bronze protective plates of the war ready warrior, as he throws down his great bow and questions why he must bring death on his near and dear ones. The chariot stops and we hear the Bhagavad Gita from the mouths of Arjun and Krishna (as described to the blind king many miles away by the seer Sanjay). The Gita is considered a condensation of the Vedas in some ways, as it lays out men’s duty to society, religion and knowledge.  So while the first verse of the Vedas spoke so much about internal ecstasy, the Gita gave us a whole new religious philosophy, showing many paths.

We in the Arya Samaj strongly believe, that the Vedic tradition is one of the most noble ways of life, and those who follow it will become Arya, or the enjoyers of inner peace and contentment . We will always strive to become learned, and do this by hearing from others and also passing on what we learn, to teach others.  We study the ancient texts and my mother used to do a daily Havan for man years, even in the worst of times, when she became a refugee in India, after the partition. The internal light in her lived on through life’s ups and downs, as it did in my father who was also a karma yogi. Their joint reciting of the Sanskrit verses during festivals and social occasions was a reminder to us that the pursuit of knowledge, would bring its own rewards.

My translation, “Oh Agni! Thou does’ light my inner being and I adore thee and the one (male\female) who sits on the East and hosts this great ceremony. By this great yagya flame we do the divine Ritwik of our traditions, for conducting this sacrifice. This sacrifice brings us closer to the Devas and the priests who have invoked them for millennia. As we raise our voices to the divine it is you Agni who causes the flame of our efforts to rise and lead us to greater ecstasy. We discover a treasure from the fruits of our Havan, a treasure so exquisite that we consider it par excellence. Finally we call out the summoner who is within us this day, who has mystified these words, and has invoked the eternal ecstasy, by his recitation of the ancient texts as they should be read He is the bestower of the greatest treasure called life, as we gather here to sing this hymn to its glory.”

We have lost our way in the current age of Kalyug or dark times,and Satyug or Truthful times will come again in our future, when we are free from Maya. Till then we can recite the verse and have faith that the promised treasure awaits us, and it is we who are wanting. Our ancients gave us such a powerful message of hope in the opening verse itself, that if none other had followed, Hinduism would have still lived to its modern form. The power of the tradition where an ordinary conductor of the ceremony becomes the raiser of our inner faith is so powerful a construct, that it needs no other external support. Hence Hinduism has lived through the ages largely unchanged, often reformed; yet the work, never quite completed.

We return in the end to the funeral pyre, where the body is disposed off by Agni, but the soul is not burnt; and it rises to either live forever in its ecstasy, or try again in a rebirth. So life begins and ebbs, rises and falls, in the rhythms, of these ancient verses. We have to just stop and breathe evenly, recite the ancient and sacred words, pour the ghee and samgaree on the kindling and pray. If we look hard enough at the fire burning outside and say the right words, our inner fire flames up, and the rest of the day is full of an awareness of love for nature and our universe.Imagine yourself as the Purohit and say the words that will bring you to your personalized ecstatic treasure. Life does not become more intense than this verse in its simplicity and power, so enjoy!.

Urban thinking and epidemiology

During the Napoleonic era a great man who pioneered sociology, statistics, epidemiology and gave us perhaps the clearest glimpse into urbanization, was Louis-René Villermé (10 March 1782 – 16 November 1863). I consider him the earliest known man who studied economics, sociology and did research and established statistics that became the base, for many of French reforms for how people lived and worked.  He advocated against child labor when their nimble fingers were busy working the tools, of the first Industrial revolution. We have much to thank him for his studies of industrial workers, prisoners and he established the earliest linkages between hygiene and health, and between poverty and their poor growth, and their early death.

In his great French book “Study of the Physical Condition of Cotton, Wool and Silk workers” a most comprehensive current state of the working people and their moral and physical life, is indeed a gift to our history. With the rapid urbanization that has taken place from the eighteenth to the twenty first century, the evolution of our cities and their populations is truly remarkable. So much we take for granted like safe drinking water, modern sewage systems, hygienic working conditions, reasonable work\life balance, were all unknown in Villerme’s times. He was a modern man and liberal who showed the path for better urbanization, to improve our human condition.

Previous changes took centuries to evolve as we have seen, but in the modern world change is going to arrive faster. Machines are now evolving at a very fast phase to take over the routine drudgery, of modern manufacturing and information flows. More robots and bots are doing increasingly more sophisticated work repeatedly and endlessly, without getting tired, or exhibiting any human error. We have evolved to become masters of a rapidly changing universe. Every day new cures are found or are being actively worked on, for old diseases and human conditions. We have achieved a level of health and happiness in our modern society, with the base needs of food, shelter and security being largely taken care of.

We owe so much to the great thinker who have come before us. The prime example is of Villermé who covered a wide array of subject matter including: children in the workplace, savings accounts, asylum rooms, and drunkenness among the working class. The work was unique in combining health topics with research and social reforms. We have come a long way since that pioneering work but now the need is even greater.

We have to prepare before the next devastating pandemic overtakes us. We have to continually improve our living and working conditions for the billions, who inhabit our earth. We are all of us, in this together, and to ignore development for some, and to allow only the few to enjoy the fruits of what we have achieved, is meaningless in a flat and seamless world. Our path is to Go forward from here. Striving for global happiness through rightful living, should remain our only goal.

Lady Liberty’s enlightenment

The Ferry takes the commuters from New Jersey to New York

They pass the Lady Liberty’s enlightenment as she stands tall,

Her flame held high welcoming newcomers into the Golden Door

The commuters are busy with their phones and nobody looks

The flame appears weak to my failing sight and imagination

Looking around I see the towers of Manhattan welcoming workers

Further up the East river the Brooklyn and Manhattan Bridge appear

We are a diverse crowd and united only in chasing dollars

Lady Liberty attracts me again as if seeking help today

She seems confused by the rising tone of our leaders

Her flame flickers as the message on her tablet fades

Give me your huddled masses yearning to breathe free it reads

Instead give me your White, Christian conservatives new leaders say

She beseeches me as she still steps forth bringing enlightenment

I am a stranger in my adopted home now

What can I offer to bring enlightenment to our land?

Turning my gaze away I understand why people look at phones

There is no community here that cares or helps the needy

We are all strangers in a strange land where bigotry reigns

The Ferry docks and a new day begins for workers again

The dollar is stronger but our souls weaker on Wall Street

The New Colossus” is a sonnet that American poet Emma Lazarus (1849–1887) wrote and a part is shown below

“Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door!”

Shadows of the overhanging granite cliffs

A bright sunny day and the ground next to the lake,

still had the white snow, left by the last snowstorm,

lying in the shadows of the overhanging granite cliffs.

The swans swam in the shallow end diving occasionally,

for their meal, and then sailing gracefully on the water.

The Geese swam at another end with the occasional honk.

My day is busy and the afternoon fleeting away in writing,

Who has come and who has gone is not my concern,

I am busy with my life and imagining tales not told.

Where did that idea go, as I had it in my grasp?

Maybe it is time for a nap and let existence be.


The color of truth is grey. -Andre Gide, author, Nobel laureate (22 Nov 1869-1951)

The Jungle Book revisited!

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Rudyard Kipling is forever remembered for his great writings on India, and his characters have become familiar to billions around the world. Little is known of his father and his successful career in the Punjab in India.An exhibition, titled Lockwood Kipling: Arts and Crafts in the Punjab and London, explores the history of the museum’s collection through his life, and includes paintings in the Indian section of the Great Exhibition of 1851, his sketches of Indian craftspeople, his book of illustrations and furniture designed for royal residences.

On returning to England in 1893, he and son Rudyard often collaborated. The exhibition includes a terracotta tobacco jar designed and made by Kipling in the shape of a bear, inspired by their shared time in India.Rudyard wove his father’s vivid collections into his stories, many of which Lockwood Kipling illustrated. The exhibition includes a range of these editions, including The First and The Second Jungle Book and Kim.

Door from late 19th century India was featured in a new exhibition on Lockwood Kipling, the father of author Rudyard Kipling, at the Victoria & Albert Museum in London  The exhibition concludes with furniture and designs relating to royal commissions that Kipling worked on with his student, the architect Bhai Ram Singh – the Indian billiard room for the Duke of Connaught at Bagshot Park in Surrey and the Durbar Hall at Osborne, Queen Victoria’s summer home.

The great wealth that flowed from the fields of India into the fancy rooms that were set up in the United Kingdom in that century were phenomenal. Many a fortune were gained and lost in the nineteenth century between India and its rulers. The cultural ties that evolved over the centuries continue today in many common words and language and traditions. There is much that was learned and can be used to build upon as Brexit will allow the UK to seek independent alliances, with its commonwealth of countries. India as the jewel in that crown, can play an important role in helping to develop trade with other countries, with the British.

Our common colonial heritage can help to forge new relationships from the old, as there is much to build on. Britain may have a better alignment with India and its huge market than with Germany or France. Africa the next big continent is just waiting for more trade and development, and common ties and language can help.  We can help architect the next Hall for an African head of State, while building the economy of the continent, through economic collaboration.

Hard decisions and stronger actions needed


Indian GDP growth has picked up, as is clear from the chart and will continue to grow. Unfortunately “in 2011, Transparency International ranked India at 95th place amongst 183 countries in perceived levels of public sector corruption and in 2014, India saw a reduction in corruption and improved the ranking to 85th place. India’s absence rates are one of the worst in the world; one study found that 25% of public sector teachers and 40% of government owned public sector medical workers could not be found at the workplace.” The new government has taken numerous steps to remove corruption and increase its ability to deliver money directly to its citizens, thereby avoiding all middle men.

Arun Jaitley the Finance Minister of India tried to explain the recent de-monetization and other governmental actions, “Expenditure required for poverty eradication, national security and economic development have to be compromised with on account of tax non-compliances. For seven decades the Indian “normal” has been to undertake transactions partly in cash and partly in cheque. “Pucca” and “Kachha” accounts are a part of the business language. Tax evasion has been considered as neither unethical nor immoral. It was just a way of life.” At the height of this national tax avoidance mind set, tax avoidance became the most exacting science in India; as in 2015, only 24 lakhs (2.4 million out of a billion) declared income above Rs.10 lakhs ($ 15,000).

He went on to explain with the deposit exceeding 12 trillion rupees, “Not only has the money lost is anonymity, it’s owners, after being taxed, are entitled to put it to more effective uses. The size of the banking transactions and consequently the size of the economy is bound to increase. In the medium and long run, the GDP would be bigger and cleaner. Money entering into the banking system and officially transacted would give an ample scope for higher taxation – both direct and indirect. The Centre and the State Governments would both stand to gain. The economy would also be serviced by both cash and highly digitized transactions.”

He continued, “The Prime Minister was being futuristic, and thinking of a more modern, technology driven cleaner economy. He is now speaking of cleaning the political funding systems. His opponents want a cash dominated, cash generating and cash exchange system to continue”

I agree largely with the intent of the Benami Act to stop corruption and the various other measures like De-Monetization; and use of Pan and Adhar or electronic IDs, to facilitate digital payments. Modernization at the source will increase transparency and increase usage of the modern banking and digital economy. With reform of the indirect taxation later with GST, taxation at the sales points will be easier to enforce, and unite the nation under one law. The foundation of India as an economic powerhouse is being carved out anbd new paths beiung laid out for its economy. The new laws are being enforced, to drive the spending of vast amounts of money, on education, healthcare, infrastructure and poverty eradication, that India truly needs. Too long has the shadow economy kept the nation back, as bribery and tax avoidance, became part of the national character. It is time that the soft state economy, face a hard reality, that its time has come. The Indian economy is growing and will continue to grow for decades, and it is up to its government, to come up with enlightened economic reforms.

My hope is that the Indian populace and its leaders, continue to find the means to improve the joy of their citizens. There is enough work to do for the next century, and level headed down to earth leadership, is required for progress. This government at least has ideas, and is risking its future, in carrying them out.  It is time to change all that old ‘normal’ and break through to the new reality of increased productivity and ease of doing business. Thank god there are some much needed leaders, who are ready to sacrifice their people to hardship and inconvenience. Let us see what the next budget lays out, as it may be one of the more important ones, in a long time. We need some hard decisions and stronger actions, to continue to make the foundation, for the twenty first century where finally India emerges as a great nation. Henry Miller once said “One has to be a lowbrow, a bit of a murderer, to be a politician, ready and willing to see people sacrificed, slaughtered, for the sake of an idea, whether a good one or a bad one” -Henry Miller, writer (26 Dec 1891-1980)

The coal story

India has come a long way since 1774 when John Sumner and Suetonius Grant Heatly of the East India Company first commenced commercial exploitation, in the Raniganj Coalfield along the Western bank of Damodar river in Bengal. Today India is the fourth largest coal producer in the world with Coal India Limited being the biggest company in the world, producing around 500 million tons of coal annually. The East India company rejected the coal and continued its dependence on British coal.

It is great to see that with the removal of corruption in the coal mining allocation sector, there is a potential windfall awaiting the consumers. Through the efficient selling off of the coal blocks, to gather immediate revenue, the government has set itself up to substantially reduce coal imports, and costs, in its energy sector. The new policies are bringing greater productivity and transparency. The introduction of modern mining methodology to the huge reserves of Indian coal, and its transportation and logistics, can be a huge boost to Industrial growth. It remains the cheapest form of energy, albeit, at an environmental cost. Carbon emissions will increase in thermal power plants, until less polluting green energy sources or gas from neighboring countries arrives via pipelines, to meet the need of a billion people.

In a surprising news Indian ‘Power consumers are likely to gain to the extent of Rs 69,310 crore (693 billion Rupees)  from the reduction in electricity tariff enabled by the auction of nine coal blocks to power sector firms so far,’ power ministry said in a statement today in the Economic Times. The Indian coal ministry also informed the production of raw coal in the country during April-November 2016-17 was 391 million tons as compared to 385 MT during the corresponding period of previous year, an overall growth of 1.6 per cent. “The coal ministry has given special focus to decrease coal imports. Government has saved about Rs 20,000 crore in the year 2015-16 and about Rs 4,844 crore in the first four months of the current year. The efforts on this front would lead to a further replacement of 15.37 MT of imported coal by March 2017,” the statement said.
On another note Rajiv Agarwal, Secretary at Indian Captive Power Producers Association (ICPPA) asked for rationalization of tariffs in the sector. He also said, assuming the government agreed to forego entire tax on coal, the cost of coal will reduce by 50 per cent and the corresponding electricity cost by 40 per cent. This will turn all the discoms profitable. “Prices can be reduced by further 50 per cent if CIL is able to bring its manpower costs to International norms. Power cost will further reduce if costly NTPCBSE 0.50 % purchase pacts are rationalized,” he said. The greatest threat to efficient and stable power and energy distribution in India lies in the hands of undercapitalized discoms who give away free power to large groups of constituents. Pay for use must be instituted as a fixed or metered approach and costs to all the consumers, and only the poorest should be subsidized.

India sits on the cusp of an energy revolution as it moves from chronic shortages, to a more stable policy after centuries of inefficiency. Enormous work still has to be done, but as far as I can see carbon energy will continue to grow for decades. Till ambitious plans for nuclear, solar, wind, biogas, hydro, tidal come to fruition, coal remains the king of a dirty heap. As the economic conditions improve, the government has to remove current subsidies to agriculture and other consumers, and come up with a rationalized tariff and subsidy policy, which maximizes revenue, and minimizes hardships for the poor. The coal and thermal energy sector is showing that the more India invests, the higher chances of increasing productivity and growth, in the short to medium term for its people.

Human contentments


Contentment is a vexing question as I have not had anyone ask how much, is too much of it? There just appears to be a huge shortage of it, in the modern world. The accompanying painting depicts, what may today be an old man, with his iPad, and wine with a curious grandchild. Can only the old be content, or is it a trait, that can be inculcated into 5 year old monks, who have just entered an order. Buddha said contentment came from within, and we should not look outside for it. Yet our constant contact with the external universe, is unavoidable, and we have to confront our hostile environment, and still survive and prosper.

Marcus Aurelius wrote “Live with the gods. And he who does so constantly shows them that his soul is satisfied with what is assigned to them.” The concept of plenty and a world of cornucopia overflowing, is some people’s idea of contentment. Others believe that giving up everything external, is the way to contentment (the naked saint).  It is only when all our base needs in Maslow’s hierarchy are met, can we even strive for the next state, according to others. Yes the laughing young Tibetan monk has become so rare, and times have changed, as the world around us has changed. We have a belligerent China seeking its place on the world stage, or as Zhuang Zhong said to find its place in nature. We have a burning middle east, where war has displaced millions of refugees, needing humanitarian assistance for food, health and education. Countries in Africa and Asia are recovering from decades of misrule and economic backwardness. Contentment is slowly dying across our world, it seems.

For those who claim that money is the source of happiness and contentment, “There is also the concept of the diminishing marginal utility of income (DMUI), which is that money has no effect on happiness, once a certain income level has been reached, and which represents wealth and happiness as having a curvilinear relationship.” Veenhoven, Ruut (1991) stated in “Is Happiness Relative?” We have to move into a world of greater economic parity, where wealth is more broadly shared, to meet humanity’s basic needs. There is much mistaken talk of different races and religions to divide us. The last I looked there is only one human race and we are all in it together. Shared prosperity is the easiest way to increase contentment in our world, as greater wealth does not buy greater happiness

‘This is because happiness is really a state of in-and-out flow of one’s energy. Using or giving money is an expression of out-flowing of one’s life-state. Attempt to just hoard more and more in the belief that it brings more happiness can lead to the opposite result if only because the means – that is the pursuit of money for happiness – has unwittingly become the ends. (Wikipedia)’ There has to be a better way and that way was shown by the thinkers and philosophers over the centuries. I want to be that man sitting in that chair, with my communicator in hand, contemplating the state of our universe, as my body slowly turns the red wine, into me .Yet my true leisurely activity will be in playing with that grandchild and passing on all my wisdom, through her, into our future. Contentment is a state of being and having a healthy body helps.

Diabolical schemes


To read some of the reactions of the opposition in India one would imagine that the current ruling BJP party has unleashed diabolical schemes, to crush the poor farmer and the common man. Financial tyranny has been unleashed and the suffering is unimaginable, and the GDP growth is soon going into a black hole. The preposterous idea that untaxed wealth somehow benefits the poor by reducing bust\boom cycles is ludicrous. The cashless society based on digital transactions is coming to India, at a whirlwind pace and green shoots, are coming up everywhere. Indian jugaad or the spirit of the people to manage all hardships, and still survive and prosper, is legendary. Some numbers below will show the massive changes going on currently, in the fastest growing economy.

800,000,000 credit and debit card are in circulation in India and 450 million have become active. There are 240 million e-wallets activated in India in just one and a half years. The numbers coming out of demonetization are mind boggling in their enormity. An estimated 84% of the total currency issued by the Reserve Bank of India has to be exchanged for new notes. In the fastest growing economy, it is like the job of changing the wheels, of a moving superfast train. Such a humongous social interaction between the populace for replacing the old notes in Banks, has had a social benefit, as people have suddenly emerged from the shadows. The Banks have increased transactions considerably and the ATMs and branches, will normalize eventually. It was an exercise in good governance, without the preparation and diligence, required for such an enormous event. The people have still come out largely favorable even though minor hardships were suffered by the common people to adjust to the new notes. The RBI and banks have to do a better job of implementation and not, make their incompetence, the reason for political unrest.

The arrangement for mass distribution of your largest replacement notes became a quick bottleneck. ATMs did not work as the new two thousand rupee notes, do not fit into current ATMs and need major efforts to recalibrate. As per RBI, about 8.45 thousand, billion worth of value, or notes, of the scrapped Rs 500 and 1,000 notes, were deposited with banks, by November 27. The huge bonanza of unturned in old demonetized notes, will be a net gain against the outstanding liabilities of the RBI, and a direct gain for the government. The Government can then turn around and deposit those funds, into newly opened Jan Dhan accounts, directly to the consumers. In a bonus of the digitization of currency the redistribution of wealth, can take place overnight. The corrupt will pay taxes and penalties on their holdings, and the money will come in as deposits for the Banks. These deposits and be turned into loans, and will be lent out in fresh loans to new entrepreneurs, emboldened, by the new digital money revolution.

The Finance Minister has made a poor execution of a huge event, dependent on the poor citizen’s patience. For centuries the Indian populace has been put through, much wanted, and unwanted change. New Delhi has had quirky rulers like Mohammad bin Tughlaq and others, who have tried their hands at currency reform. The use of demonetization as a political and social weapon, is clear, and surprised many patrons and foes alike, of the current ruling party. The inconvenience is enormous to the common farmer, worker, businessman and above all politician. The cash and barter economy of votes for cash favors, has taken a direct hit as the new currency is not yet available, and the old is useless, and has to be replaced.

I am sure the people have seen worst changes, and life will go on, and eventually things will fall, back into line. Corruption and the black economy is not going anywhere, in the Republic of India. It is ingrained into their properties and way of life of the urban masses. The FM is concentrating on rolling out the GST which will be another phenomenal change in direct taxation in South Asia. Only 45 million out of a total population of 1.2 billion pay taxes in India. The myriad tax collections integration into GST will help with the ease of doing business in India, if it is implemented well. Based on the current experience with demonetization, it appears to leave the feeling that the common man; is only waiting for the other shoe, to drop. Come hell or high-water their beloved Modi is taking them on a wild ride. 2017 will indeed prove a turning point in the Indian economy, as the government will soon have resources to carry out its bold agenda for growth. . The Helicopter economy is fast approaching and they will be dropping money directly into over two hundred million individual accounts of the Jan Dhan ( People’s wealth) .

Please fasten your seatbelt and get ready for the ride of your life. The stage is set as By 1 June 2016, over 22 crore (220 million) bank accounts were opened and ₹384.11 billion (US$5.7 billion) were deposited under the Jan Dhan scheme. Expect these to increase substantially in the near future, as the helicopter has been primed for takeoff! The poorest of the poor are about to become centre stage, in a new economic revolution. Will this finally lead to the decades of rapid growth, that is needed to feed, house and entertain the billions? The British are long gone, and now their Rupee legacy is being digitized, and technology on a massive scale, is being unleashed. To the super wealthy who may have been effected by the latest reforms, I will only request to listen to one of the greatest industrialists, and consider their sacrifices to be for the good of the community.  “Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community. -Andrew Carnegie, industrialist (25 Nov 1835-1919)