Failed objectives: Six years after demonetisation, cash is still king, black money is very much around and counterfeit notes are on the rise

[telugu_fan]

6 hours ago, Telugodura456 said:

Demonetisation attacked the poor labrores with 500 rupees as roju kooli more than any "black money".

I never said everyone should be a reslestate owner or everyone must run retail stores. use a little brain.

But should retail stores controlled through genes ? only marwari and his sons and his children have control it ?cant you see it is more like a mafia ?

work "hard" anta.

I gave an example about a new comer will have to work harder to take on entrenched businesses. You either understand that or maybe you can take your own advice once in a while about using your brain.

Nobody said retail stores should be controlled through genes. you are bringing a strawman to cover up your deficient argument in this case. Did anybody stop you from putting up a retail store or are there an laws which prohibit non-marawari from setting up a retail business? How did a store like trinetra come up in the hyd city if only marwari community is controlling it. if you want to challenge existing businesses you will have to work hard or have a newer/novel idea to put you ahead , its a simple fact. Marwari community have been doing this for decades as far as i can remember or maybe more. So they will have fewer kinks to work out based on what they encounter when they have been setting up business in this line or any other businesses that have ahead start.

[telugu_fan]

6 hours ago, Telugodura456 said:

Demonetisation attacked the poor labrores with 500 rupees as roju kooli more than any "black money".

...............

Demonetization affected everyone dealing with cash. people helped local help like watchman or housemaid to open bank account and deposit the money there in worst case.

The construction companies had to stop construction and scramble as the existing money bills were withdrawn, some of them did the same thing which is all for formalization of the economy as in the company says x crores paid as wages will be verified either when cash is withdrawn or direct deposited.

If you truly think people being inconvenienced for 6 months to get the economy formalized is not worth it, perhaps you shouldn't participate in any reform process and only talk like the champagne socialist who talk about poor but don't do anything worthwhile in concrete steps.

[Telugodura456]

1 hour ago, telugu_fan said:

Demonetization affected everyone dealing with cash. people helped local help like watchman or housemaid to open bank account and deposit the money there in worst case.

The construction companies had to stop construction and scramble as the existing money bills were withdrawn, some of them did the same thing which is all for formalization of the economy as in the company says x crores paid as wages will be verified either when cash is withdrawn or direct deposited.

If you truly think people being inconvenienced for 6 months to get the economy formalized is not worth it, perhaps you shouldn't participate in any reform process and only talk like the champagne socialist who talk about poor but don't do anything worthwhile in concrete steps.

Far effective formalization can be done - by going behind these cartels like marwaris or local bada businessmen.

Everyone knows who has hoards of blackmoney including every income tax officer every bank employee.

If you dont see the injustice in going behing ordinary laboroers or housewives with cash just to catch some big guys here and there then you clearly dont have a sense of right and wrong.

No - nothing happened to construction companies - they converted all their black to white through lanudering with help of bank employees. They lost like lot of businessmen because demonitzation effected poor and killed demand. It did not take away their money.

 

[Telugodura456]

1 hour ago, telugu_fan said:

I gave an example about a new comer will have to work harder to take on entrenched businesses. You either understand that or maybe you can take your own advice once in a while about using your brain.

Nobody said retail stores should be controlled through genes. you are bringing a strawman to cover up your deficient argument in this case. Did anybody stop you from putting up a retail store or are there an laws which prohibit non-marawari from setting up a retail business? How did a store like trinetra come up in the hyd city if only marwari community is controlling it. if you want to challenge existing businesses you will have to work hard or have a newer/novel idea to put you ahead , its a simple fact. Marwari community have been doing this for decades as far as i can remember or maybe more. So they will have fewer kinks to work out based on what they encounter when they have been setting up business in this line or any other businesses that have ahead start.

LOL...you twisted yourself in to supporting retail industry must be controlled through genes. Yes there are racist/mafia like barriers - is it not common sense ? why cant others run this industry ? They are being cartelized and thrown to bus.

Work hard ..thokka - are you saying others dont work hard ? what racist view. apparently you need to be born in to marwari family to work hard.

[telugu_fan]

55 minutes ago, Telugodura456 said:

LOL...you twisted yourself in to supporting retail industry must be controlled through genes. Yes there are racist/mafia like barriers - is it not common sense ? why cant others run this industry ? They are being cartelized and thrown to bus.

Work hard ..thokka - are you saying others dont work hard ? what racist view. apparently you need to be born in to marwari family to work hard.

Have the decency to think before you type instead of vomiting in db, I didn't support anything, you were the one who brought in a strawman of marwaris.

I asked if anyone is being prevented by the marwaris to start their own retail business, I have seen non marwaris run their shops/chains in hyderabad, so yes I don't know what racist/mafia you are talking about?

Since you called them a racist mafia maybe you can bring the proof to show who they are being a racist mafia and not allowing any one else in retail sector because as per you they and only they are running retail shops and no one.

[telugu_fan]

1 hour ago, Telugodura456 said:

Far effective formalization can be done - by going behind these cartels like marwaris or local bada businessmen.

Everyone knows who has hoards of blackmoney including every income tax officer every bank employee.

If you dont see the injustice in going behing ordinary laboroers or housewives with cash just to catch some big guys here and there then you clearly dont have a sense of right and wrong.

No - nothing happened to construction companies - they converted all their black to white through lanudering with help of bank employees. They lost like lot of businessmen because demonitzation effected poor and killed demand. It did not take away their money.

 

So I suppose you have the entire list of people who have the black money stored or are you saying every bada businessman and marwaris are back money hoarders.

In either case if you have the info then as a good citizen you must have given it to IT dept for their raids, isn't it.

banks cannot share private citizen details to an agencies without a court order and if the govt gives the said order, you can see the court cases on privacy and malli there will be discussion in this db only govt taking my money from bank antu?

Injustices happen to all sorts of people, not just the poor. My question still stands, what have you done to make peoples life better or what ideas you have to improve peoples life, instead of the usual complaints.

[Telugodura456]

43 minutes ago, telugu_fan said:

So I suppose you have the entire list of people who have the black money stored or are you saying every bada businessman and marwaris are back money hoarders.

In either case if you have the info then as a good citizen you must have given it to IT dept for their raids, isn't it.

banks cannot share private citizen details to an agencies without a court order and if the govt gives the said order, you can see the court cases on privacy and malli there will be discussion in this db only govt taking my money from bank antu?

Injustices happen to all sorts of people, not just the poor. My question still stands, what have you done to make peoples life better or what ideas you have to improve peoples life, instead of the usual complaints.

LOL...Delhi has ED, IT,  CBI and so many other agencies - but it does not know what its own people do ? every street people know who has blackmoney and who doesnt - but all these wellfunded instutes dont..is it what you are saying ?

Since they dont know - they need to hit at everyone - bring suffering to every one ? - you absolutely have no idea what the duties of a govt are and what the relationship it.

Why are you asking me what I have done ? what arrogance ! did i collect taxes from you like govt ? Did i run elections with you asking me to vote to power ? how dare then you try to harass me with questions ? what makes you so entitled ?

Answer : You are just clueless

[Telugodura456]

52 minutes ago, telugu_fan said:

Have the decency to think before you type instead of vomiting in db, I didn't support anything, you were the one who brought in a strawman of marwaris.

I asked if anyone is being prevented by the marwaris to start their own retail business, I have seen non marwaris run their shops/chains in hyderabad, so yes I don't know what racist/mafia you are talking about?

Since you called them a racist mafia maybe you can bring the proof to show who they are being a racist mafia and not allowing any one else in retail sector because as per you they and only they are running retail shops and no one.

LOL ...so till now your argued marwaris run them because they work "hard"..they are better at this. Now you are saying bebebebe ..they arent so smart ..others run do.

Do you even know what you are talking about ?

Yes others run too - in their own areas. rarely you see a telugu guy open kirana stores or bada retail stores in jaipur. It is strange these people run them in kerala and TN too - can govt dare publish a white paper on how these people operate ? If indeed nothing is wrong i want to know the mystery of their "success" so i can "learn" from it.

Thats what formalizaiton means - basic knowledge is in open - and those who work on it will earn money. But here no one teaches you how they operate , how black money operates in india. In MBA they only teach western finance.

Why dont they teach ? because they want to keep it secret.

[telugu_fan]

1 hour ago, Telugodura456 said:

LOL...Delhi has ED, IT,  CBI and so many other agencies - but it does not know what its own people do ? every street people know who has blackmoney and who doesnt - but all these wellfunded instutes dont..is it what you are saying ?

Since they dont know - they need to hit at everyone - bring suffering to every one ? - you absolutely have no idea what the duties of a govt are and what the relationship it.

Why are you asking me what I have done ? what arrogance ! did i collect taxes from you like govt ? Did i run elections with you asking me to vote to power ? how dare then you try to harass me with questions ? what makes you so entitled ?

Answer : You are just clueless

You need to know what is work of ED, CBI and IT before you run your mouth and the IT which essentially works on black money and tax evasion raids people too based on specific inputs. " not everybody knows who has black money and so on"

The govt brought the demonetization to get the economy towards formalization. Since everybody uses cash it will effect everybody.

IT raids occured before also and there were schemes where people declared black money and payed lumpsum, did it check the black money or bring more formalization in the economy?

I am asking you since you seem to be a know it all who says this is wrong and that is wrong - ok, so what was the alternative is my question? How do you formalize the economy without hurting everyone in one go or a series of steps? not some arty farty type answers that everybody knows who have black money and so on.

Its quite evident that who is clueless when shouting from a perch as a know it all but can't give any specific answers when probed. you are the perfect example of the crab in the drum syndrome that Rajiv Gandhi mentioned a long time back.

[telugu_fan]

1 hour ago, Telugodura456 said:

LOL ...so till now your argued marwaris run them because they work "hard"..they are better at this. Now you are saying bebebebe ..they arent so smart ..others run do.

Do you even know what you are talking about ?

Yes others run too - in their own areas. rarely you see a telugu guy open kirana stores or bada retail stores in jaipur. It is strange these people run them in kerala and TN too - can govt dare publish a white paper on how these people operate ? If indeed nothing is wrong i want to know the mystery of their "success" so i can "learn" from it.

Thats what formalizaiton means - basic knowledge is in open - and those who work on it will earn money. But here no one teaches you how they operate , how black money operates in india. In MBA they only teach western finance.

Why dont they teach ? because they want to keep it secret.

Its said that when you can't convince people with facts, then bedazzle them with bullshit. I asked you specifically if any law forbids others from opening a retail store or joining retail business for your marwari mafia tirade . Please provide the basis of your argument before you proceed.

Since you are incapable of comprehending a simple thing that was written i will write it again. "If you are going against entrenched business you will need to work harder as you are starting in that business and the entrenched ones have the luxury of experience to forsee any issue at the very least".

Since you didn't understand or pretended to not understand real estate i will show another example of politics. If you decided to run as an independent or set up your own party in AP, the existing parties are under no obligation to help you succeed and survive, and you will have to work harder than them to get votes or cadre just by their virtue of experience in running a party in that region and they will use those lessons when they are going to run in a new region state.

Punjabis or Gujratis also migrate for a variety of reason and work in what ever they know. Marwaris choose to run business for most part and some of them run kirana stores. Nobody stopped anyone from other states to go to Jaipur or any city in India to open stores. Some people have decided to move and earn and some choose not to. How is this mafia? has somebody stopped telugu people from opening kirana stores in other states? If you have a proof of how the mafia works please do enlighten us.

Formalization doesn't "just mean" what what you have written with respect to economy. it also means the govt knows the source of your income along with the total income and its sources. When the total or partial sources of income are hidden and the money that is earned then it escapes for the foresight of the IT agencies creating a parallel economy so to speak.

[Telugodura456]

3 hours ago, telugu_fan said:

You need to know what is work of ED, CBI and IT before you run your mouth and the IT which essentially works on black money and tax evasion raids people too based on specific inputs. " not everybody knows who has black money and so on"

The govt brought the demonetization to get the economy towards formalization. Since everybody uses cash it will effect everybody.

IT raids occured before also and there were schemes where people declared black money and payed lumpsum, did it check the black money or bring more formalization in the economy?

I am asking you since you seem to be a know it all who says this is wrong and that is wrong - ok, so what was the alternative is my question? How do you formalize the economy without hurting everyone in one go or a series of steps? not some arty farty type answers that everybody knows who have black money and so on.

Its quite evident that who is clueless when shouting from a perch as a know it all but can't give any specific answers when probed. you are the perfect example of the crab in the drum syndrome that Rajiv Gandhi mentioned a long time back.

So IT raids previously did not work. But govt has no interest in making them work but instead it wants to attack all the poor who are in hundreds of millions to catch black money hoarders who are probably in thousands or laks.

And thats fine with you ? you really think a govt which has no interest in making its own IT department staffed with graduates and selected from competitive exams more effective - really wants to formalize the economy by attacking poor people with some paper notes here and there. You are an even bigger fool than i thought.

I already gave you the answer. You are too upset to register it as I show your BS as it is. FOrmalize by attacking who needs to be attacked - use your agencies - formalize by breaking up caste cartels - break hawala networks. THen you have a chance at creating a really  meritoriious society.

You pretend as if i havent answered lol. You are dumb as a brick and on top of it you are emotional too.

[Telugodura456]

3 hours ago, telugu_fan said:

Its said that when you can't convince people with facts, then bedazzle them with bullshit. I asked you specifically if any law forbids others from opening a retail store or joining retail business for your marwari mafia tirade . Please provide the basis of your argument before you proceed.

Since you are incapable of comprehending a simple thing that was written i will write it again. "If you are going against entrenched business you will need to work harder as you are starting in that business and the entrenched ones have the luxury of experience to forsee any issue at the very least".

Since you didn't understand or pretended to not understand real estate i will show another example of politics. If you decided to run as an independent or set up your own party in AP, the existing parties are under no obligation to help you succeed and survive, and you will have to work harder than them to get votes or cadre just by their virtue of experience in running a party in that region and they will use those lessons when they are going to run in a new region state.

Punjabis or Gujratis also migrate for a variety of reason and work in what ever they know. Marwaris choose to run business for most part and some of them run kirana stores. Nobody stopped anyone from other states to go to Jaipur or any city in India to open stores. Some people have decided to move and earn and some choose not to. How is this mafia? has somebody stopped telugu people from opening kirana stores in other states? If you have a proof of how the mafia works please do enlighten us.

Formalization doesn't "just mean" what what you have written with respect to economy. it also means the govt knows the source of your income along with the total income and its sources. When the total or partial sources of income are hidden and the money that is earned then it escapes for the foresight of the IT agencies creating a parallel economy so to speak.

Its ok ra. I want govt to do a white paper on marwadi busineeses. I want govt to teach its own students how hawala operates in india and who are the players. If indeed nothing is wrong as you keep saying there should be no problem in doing so.

There are these dabbawallas in mumbai who achieved 6 sigma level of service. Mostly lower castes - everyone did a study of them - harvard business school even did a case study of them. Why no case study  on these players ?

They succeed because they are shady and indian govt protects their shadiness.

[telugu_fan]

2 hours ago, Telugodura456 said:

So IT raids previously did not work. But govt has no interest in making them work but instead it wants to attack all the poor who are in hundreds of millions to catch black money hoarders who are probably in thousands or laks.

And thats fine with you ? you really think a govt which has no interest in making its own IT department staffed with graduates and selected from competitive exams more effective - really wants to formalize the economy by attacking poor people with some paper notes here and there. You are an even bigger fool than i thought.

I already gave you the answer. You are too upset to register it as I show your BS as it is. FOrmalize by attacking who needs to be attacked - use your agencies - formalize by breaking up caste cartels - break hawala networks. THen you have a chance at creating a really  meritoriious society.

You pretend as if i havent answered lol. You are dumb as a brick and on top of it you are emotional too.

dude, you need to read the stuff you write, if previous IT raids all worked how come we have as much black money or unaccounted money in the system. So according to you the indian govt has hired illiterates to run IT dept. so far and somehow a new competitive exam with graduates will give them all the info on how to identify and raid for black money - you are truly a legend in your own mind. carry on. 

I asked for a specific answer wich you didn't provide, you replied everyone knows where the black money is - that is not an answer. The people affected by demonetization were everyone. the few who have black money will have more percentage of money. it doesn't matter if they are few lakhs or crores of people compared to the rest of the country. When everyone is using the same money it will have effect on everyone during demonetization.

You keep saying attack the people that need to be attacked. My question is how do you identify that person - is something written on his head that he is a black money hoarder? Your idea that banks will tell me is a non starter with laws in the country. that is why i asked if you had an idea.

It seems you don't have one and that is okay. I too don't have any better idea to catch black money hoarders all at once and it would have been okay if you had said i think demo is wrong step even if i don't have a better way to catch people. But no, you had to call people names.

I might be dumb as a brick according to you, but you who can't keep a thread discipline and keep shifting goalposts while not providing any answers are even worse than a person who is dumb as a brick and your interaction with raven_reyes shows you should be the last person who talks about emotional trigger. See i can call names too, but i don't.

You have behaved like a standard leftist troll and champagne socialist that will talk of the poor but will do nothing to help anyone that he has seen suffering and abdicate his responsibility(the agencies are not omnipresent and omnipotent). An little bit of info or tips also help busting the corrupt officials to black money hoarders. and call others names without providing any proofs for any of your allegations that you bring up with thread derailment and no focus in your replies either. So what does that make you in the end?

[telugu_fan]

2 hours ago, Telugodura456 said:

Its ok ra. I want govt to do a white paper on marwadi busineeses. I want govt to teach its own students how hawala operates in india and who are the players. If indeed nothing is wrong as you keep saying there should be no problem in doing so.

There are these dabbawallas in mumbai who achieved 6 sigma level of service. Mostly lower castes - everyone did a study of them - harvard business school even did a case study of them. Why no case study  on these players ?

They succeed because they are shady and indian govt protects their shadiness.

You still haven't answered the question about which laws prevent people from participating in retail business and how that the mafia has cornered according to you?

Harvard or any other ngo would have done a case study if they found merit in the retail store businesses. They didn't for any reason best known to them or if the marwaris were also from some backward classes then maybe there would a clamor to show some success story as they see fit.

It would be better if you could answer on the question posed about laws preventing anyone from participating or how the so called mafia is running retail business, otherwise ou are just rambling from one post to another just typing what ever pops into your mind and you have the gall to call others names.

[telugu_fan]

The whole point of discussing on effects on demo should have been about policy per se and how it can be made better if possible.

But looking at most db discussions it is always endless posts on CBN vs Jagan, Pavan, TDP vs YCP, who is the next CM of AP, KCR, Modi and all other personalities.

We are in democracy where policy will have more of an effect than personalities. if a policy is debated and probably even have steps to better it it will help the people and also the political party that is implementing in in the elections.

But db people seem to be more interested in fighting about CBN and Jagan as though their very appearence in CM's chair will solve problems and that will be the bane of people fighting constantly without focusing on policies.