Bhrashtachar Hatao : 100 DAYS ROAD-MAP

 

Dear Shri Narendrabhai ,

 

In past few weeks , you have spoken about this on several occasions. It appears to be , one of your most important GUARANTEES to voters . You have promised to include this in your 100 DAYS ROADMAP , by taking concrete steps

 Of late , government agencies have stepped up their efforts to catch suspected “ Bhrashtacharis “. But most of these efforts are related to old cases . New cases have gone down when compared with the number of such “ New / Fresh “ instances taking place 10 years ago

For a clearer understanding , let us reflect on a rather narrow / crude definition of corruption

( A )

Between

Ø  a person who deserves delivery of a product or service “ legitimately “ ( by law or constitution ) from any government agency

And

Ø  the actual / timely, delivery of the same to that person  

Stands

Ø  an INTERMEDIARY , who holds back such “ delivery “

Till

Ø  he / she is given a BRIBE in CASH ( or some Quid-pro-Quo favour ) – money not shown in his / her Income Tax return

 

( B )

A person sells “ Products / Services “ and takes payment in CASH ( although strictly required to receive the payment through official banking / digital payment methods ), in order to evade payment of taxes

 

You will notice that, in both these cases, payment of CASH is the culprit. This is

BLACK MONEY ( BM )

Over the past few years , your government has taken following important steps to

reduce the use of CASH :

 

#   BM V 1.0  >  Demonetization of 08 Nov 2016

 

#  BM  V 2.0  >  Gradual withdrawal of Rs 2,000 currency notes , starting 09 May

                         2023

 

As a result of these steps, ACCOMPANIED by introduction of DIGITAL PAYMENT

METHODS , use of cash has considerably come down

 

I urge you to now take the following steps to accelerate this process :

 

#  BM  V 3.0  >  Replace Electoral Bond System with “ Central Election Fund “, as

                          proposed by me  through my following e-mail :

                            

                  #  Election Tax : alternative of Electoral Bonds   

                     ( to be effective from 01 Jan 2025 )

 

#  BM  V 4.0   > Withdraw from circulation ( not demonetization ) Rs 500 paper

                          currency notes , effective 01 Apr 2029

                          ( a smooth withdrawal over a long period of 5 YEARS )

                         This period of 5 YEARS should be used for introduction of the

                         following :

                        #   Linking of FACIAL RECOGNITION with a person’s BANK

                             ACCOUNT ( Face = Password )

                        #   All small value / day-to-day payments can be made by

                             LOOKING and TALKING to a Smart phone

                             (   Read >   How to go Cash - Less ? ………… 27 Nov 2016 )

 

 

Dear Shri Narendrabhai ,

 

When we eliminate Rs 500 paper currency note , instead of transporting CASH BUNDLES in cars ( for delivering to those CORRUPTS ) , a person would need to hire TRUCKS !

By that time, technology ( of that Security thread in our currency notes ) would have sufficiently advanced for road-side CCTV cameras to DETECT those bundles of GLOWING / REFLECTING metallic threads, from a kilometre away ! 

( Read > How to conquer Corruption ?  .. 21  Dec  2015 )

 

Most “ VIKSIT “ countries in the world, manage with their “ Biggest Paper

Currency “ denomination at only 100 TIMES of their “ Smallest Paper Currency “

denomination, as can be seen from the following tabulation :

 

Country	Minimum Denomination	Maximum Denomination	Ratio
United States	$1	$100	1:100
Eurozone	€5	€500	1:100
United Kingdom	£5	£50	1:10
Japan	¥1,000	¥10,000	1:10
China	¥1	¥100	1:100
India	₹1	₹ 500	1:500
Canada	$5	$100	1:20
Australia	$5	$100	1:20
South Korea	₩1,000	₩50,000	1:50
Brazil	R$2	R$200	1:100
Russia	₽50	₽5,000	1:100
Mexico	$20	$1,000	1:50
Germany	€5	€500	1:100

 

With regards,

Hemen Parekh

www.HemenParekh.ai  /  08 April 2024