Search found 63 matches

by Subdas
09 Oct 2017 10:32
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

In efficient jobs cannot be sustained. Who will foot this inefficiency? The customer will feel the pain and eventually will opt for a system where jobs are efficient. This exactly what has happened in sector after sector - from telecom to banking to IT. Taking the example of trucker he should demand...
by Subdas
08 Oct 2017 18:30
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Modiji is a big believer of scale. He loves to integrate and scale. Bogh gst and demo will integrate the jnformal economy with the formal one thus creating a huge formal economy which will be kn top 3 soon.
by Subdas
08 Oct 2017 18:27
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Modiji's core vision is clean india. Both demo and gst are programs for the economy to run on clean money. Cash is dirty money and polutes the environment while digital is clean money. I remember what happened when the auto waĺlas were forced to switch to clean fuel. They were upnin arms. Their poli...
by Subdas
05 Oct 2017 09:46
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 608867

Re: Indian Economy News & Discussion - Aug 26 2015

Upa lost the plot on 2 parameters - inflation and corruption. Corruption drives cash flow which drives inflation. So by going less cash modiji is killing 2 birds in one stone. Let the paid media bark. Have curry and just track these 2 indicators.
by Subdas
04 Oct 2017 20:47
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 608867

Re: Indian Economy News & Discussion - Aug 26 2015

Cash drives corruption. Demo is a big reform towards less cash and hence less corruption. MODIJI is on a clean india movement and the gargbages r yeling at top of their voice.as they donot want to route their transactions via the banking system.
by Subdas
04 Oct 2017 20:41
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 608867

Re: Indian Economy News & Discussion - Aug 26 2015

One of the pet narrative is that demo killed the black , sorry , informal economy and they made it sound like the govt took away their money. On reality , it would kill those business that doesnot want to pay tax or engaged in dirty money. In either case u r corrupt and deserve to be shut down
by Subdas
03 Oct 2017 18:00
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 608867

Re: Indian Economy News & Discussion - Aug 26 2015

There are quite a few posters who argue the return on tax. I would say that your tax money is keeping you safe in a very tough hood. What else do u want?
by Subdas
03 Oct 2017 17:49
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 608867

Re: Indian Economy News & Discussion - Aug 26 2015

Both demon and gst are essenrially tax reforms aimed at imcreasing the tax base and tax receipt. As a bi product these are also anti corruption reforms. That is why there is no riot on the steets as mango people are out of tax bracket and only the tax evadors are moaning loudly.
by Subdas
21 Apr 2017 20:23
Forum: Technology & Economic Forum
Topic: Indian IT Industry
Replies: 1113
Views: 158080

Re: Indian IT Industry

What about folks with 25+ years of experience in enterprise software development - OLTP, EAI, Reporting etc. These folks should start their own business or take up a teaching job or move to quality group ?
by Subdas
15 Apr 2017 21:05
Forum: Trash Can Archive
Topic: Morbid Rubbernecking: New Korean War?
Replies: 510
Views: 61625

Re: Morbid Rubbernecking: New Korean War?

Chinese military might is no better than that of the Republican Guards of Saddam regime. Lots of pomp and show but no hard experience to prove. The Chinese army has no experience in battle for a long time. That is why they are already bringing out the peace flag by saying that nobody is a winner in ...
by Subdas
08 Apr 2017 23:00
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 1210231

Re: Managing Chinese Threat (09-08-2014)

Body bags arriving in China will fuel rebellion against the CPC. Chinese CPC knows this very well and that is why they will never engage in open war with any mighty army - indian, Japanese, us etc. They will do war using their media and frontal stooge like Pakistan and Sri lanka, Cambodia etc.
by Subdas
22 Feb 2017 20:50
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

The govt clearly has said that the focus is to remonitise using a smaller denomination. The whole idea of demo was to shift to a low denomination dominated system which will make cash transactions painful for large amount. No wonder these days I find 100 rs note is the king. This itself will force p...
by Subdas
06 Feb 2017 22:09
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

I am sure DEMO will be repeated in the future by NDA and it will be a regular drill to send a clear message that cash is a volatile thing to stash under the bed. Cash will automatically make way for digital payment but it will take some time and the first step has been taken. Each DEMO cycle will yi...
by Subdas
03 Feb 2017 20:44
Forum: Technology & Economic Forum
Topic: Indian IT Industry
Replies: 1113
Views: 158080

Re: Indian IT Industry

The market, for whom the IT industry churns out software solutions, has also changed a lot. Let us no just blame the workers entering the work force now. From our days, when DOS was just giving way to Windows, the market could wait for 1 year to get a release of a software. We had more time to read,...
by Subdas
26 Jan 2017 19:29
Forum: Trash Can Archive
Topic: REPUBLIC DAY 2017
Replies: 236
Views: 30262

Re: REPUBLIC DAY 2017

The protocol does not need the stand up. The highest post, president, is standing. so that is enough. The PM and RM are working there ass off for the nation. What do u and me do for the nation other than just taking care of our self and family and posting in this forum.
by Subdas
25 Jan 2017 20:53
Forum: Trash Can Archive
Topic: LCA: News & Discussions - October 2016
Replies: 4125
Views: 792129

Re: LCA: News & Discussions - October 2016

Numbers make a big impression. The formation flying by 3 Tejas made my day. I have been following the LCA for last 25 years and still remember the days when used to go looking at remote US libs for Aviation magazines in hope of getting some info on LCA which was so less in those days and the fights ...
by Subdas
24 Jan 2017 10:04
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

The real impact of this demon is the limit on cash withdrawal and the source of the cash deposits. The first one will break illegal and corrupt large business. The second one will increase the tax collection from corrupt business. Black business will be forced to either shutdown or come into main st...
by Subdas
16 Jan 2017 20:17
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Seems like the small traders are going back to cash now that cash is freely available for small transactions and this is not good. Already the 2 med shops that were offering pos in my locality are now saying that pos are not working and cash only. I think we are going back wards here. I think that t...
by Subdas
15 Jan 2017 09:06
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

I think a lot of the demonetization critics are simply miffed that Modi got away with it. A lot of demonetization critics are commie mofos. They are worried if DeMo is considered a success, it will be a Modi govt again in 2019. It is already a huge huge success. 85% of the notes in circulation were...
by Subdas
11 Jan 2017 20:35
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Construction industty worst hit.Many small contractors badly affected closing shop.Larger ones may have obtained large bank ODs/loans but face the huge industry slowdown.With less cash in the pocket,every sector will collapse.Increasing service tax until GST arrives to 18% will kill off professiona...
by Subdas
11 Jan 2017 20:28
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

This is bull s that due to note bandi these workers are suffering. This is the case of black business suffering and going kaput. I was watching a TV program few weeks ago where some top guys from labor intensive industries were present. They all said that they had intial problems but then came up wi...
by Subdas
07 Jan 2017 21:18
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Any business that claims loss of business due to denom is basically proving that they are corrupt business. This whole denom exercise is basically targeted at unscrupulous business, starting from farmers to doctors, who conceal income and loot the public of tax. Didi is claiming that the leather ind...
by Subdas
05 Jan 2017 17:24
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

The way I see it is that a large number of rich folks suddenly exited the MF investments and posted profiles. But now IT will ask if no ITR was filed then what is the source of income and then all hell is going to break loose in the coming days. The real fun is about to start and the tax gains will ...
by Subdas
01 Jan 2017 15:29
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

All salaried people should resign and re-join as contractor and then file 16(a) and show profit of business only 40% and in that process the entire pay will become almost tax free. Why keep on getting a fixed pay and then get hit by 30% tax which is world standard by the way!
by Subdas
31 Dec 2016 12:36
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

demo has hurt the WHOLE sell side rather than the buy side. People who used to selling their bulk goods and services for cash are facing the music. Some bulk sellers like farmers need to switch to net banking etc and will happen over a period of time and GOI has no control here. Some bulk sellers li...
by Subdas
28 Dec 2016 21:25
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Business whose income is via small sized transactions will surely beat note bandi unless cash is sucked out of the system and consumers are forced to pay in e-notes. So far in veg madis, the small vegetable vendor still has cash to pay for his daily purchases and hence the stockist is making black i...
by Subdas
28 Dec 2016 19:31
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Spoke to my vegetable merchant in Kolkata who buys from veg whole sale market. He was saying that trade continues to be in cash only but there is no cash crunch. All is well and things have improved. He does not feel that whole sale perishable market will go cash less any time soon. BTW, there are n...
by Subdas
27 Dec 2016 21:07
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

^^ Pappu said... Rahul Gandhi told NDTV after the presser, "The prime minister is extremely disturbed by these attacks and remarks that I have made. He is personally disturbed and upset and you can see it on his face. The fact is these diaries and tapes are true and correct." He should ha...
by Subdas
23 Dec 2016 14:42
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

But how will the LARGE bribe money be paid in cash? Either most of the permissions will be held back or else will be issued with verbal assurance of a later pay off. If permission is not given then the govt will come after the officers as this will stop their coffers. If pay off is a credit then the...
by Subdas
23 Dec 2016 12:34
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

One amm admi summed it all - "hamera pass note nehie hai so note bandi se hame koi fark nahi parta. Jinke pass note hai unke liye note bandi bahut bura hai." People who have note are miniscule % of population. This note bandi will reap major potical gains for BJP for sure. All the noises a...
by Subdas
21 Dec 2016 22:44
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

There is no shortage of any material of any kind in Kolkata. There is over supply actually. All these bull shit about trucks stranded on high ways due to lack of cash is just bs. prices of a large number of items have come down specially vegies that amm admi eats. This itself is the biggest reason f...
by Subdas
20 Dec 2016 12:49
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Folks who have read the book "WHO MOVE MY CHEESE" would know that the supposedly lesser mortals are much more flexible and adapts to a disruption than the supposedly elite/smart mortals. No wonder lower sections of the economic strata are adopting digital cash than the elite and upper midd...
by Subdas
18 Dec 2016 13:00
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

In this mad rush to oppose DEMONITISATION, the black money supports have completely forgotten that there is word called REMONITISATION and that is happening fast and furious. Only corrupt labour contractors like congress and its gang will keep shouting DEMON while the coutry would have moved on with...
by Subdas
18 Dec 2016 07:40
Forum: Technology & Economic Forum
Topic: Running Poll on DeMo Sentiment
Replies: 40
Views: 6197

Re: Running Poll on DeMo Sentiment

Sentiment in IT office in Kolkata seems to be normal. Barabazar in Kolkata, the hub of whole sale trading, seems to be business as usual. Lines in front of ATM, I see in the IT hub and vicinity have surely reduced. Crowd inside the banks have reduced to normal levels. 500 rupee notes have started to...
by Subdas
17 Dec 2016 19:22
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

The industrial revolution was a great disruption that killed tons of jobs such as cobblers and tailors. I still remember a story in my English prose book that described the slow death of a cobbler in a german town post industrial revolution. That did not stop the revolution. The same will happen wit...
by Subdas
14 Dec 2016 19:02
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

80% of transactions used to be in paper notes and this habit of aam admi is not going to change over night. Before, they needed 1 visit per week to fulfill their cash needs but now they will 4 trips per week. This will ensure that there will be ATM queues for some time to come, may be few years.
by Subdas
13 Dec 2016 08:24
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Amm ami clearly sees DEMO as a bold step in fight against corruption and terrorism. So they will continue to back it even if they have to stand in bank queues. Slowly they will also realize that this will also help to keep their hard earned money in safe place instead of chit funds etc. So all focus...
by Subdas
12 Dec 2016 20:04
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Govt should just give 10% cash back on all digital transaction. This will drive up the adoption of cards etc
by Subdas
12 Dec 2016 11:50
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Post note bandi, if u are a worker and donot have a bank account near your home, u are in deep trouble. Illegal workers, migrant workers are being hit. MIgrant workers, some illegal, in gold industry in Gujrat headed back home causing much taklif to DIDI. Also, peaceful workers donot believe in bank...
by Subdas
12 Dec 2016 11:40
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7868
Views: 775102

Re: Currency Demonetisation and Future course of Indian Economy

Doctors are hiking up their fees by 30% to cover their tax in DIDI LAND. I am sure MODI AXE is going to fall on them soon.

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