How many countries has James Wilson run? Especially a country like India with so many security challenges? What makes him an authority on anything? Does he have any idea how menacing the issue of black money and fake notes had become? Doing nothing was not an option.
Re: Another know it all.
by Balaji Ramamoorthy on Dec 27, 2016 10:35 PM
BTW he is a failed civil engineer by profession who screwed up water disputes of millions of farmers in Kerala and TN.and rediff publishing his analysis ! cute na?!
The author a failed civil engineer who aggravated the water dispute between Kerala and Tamil Nadu states by giving misleading Data affecting millions of Farmers now trying his hands on Economics. Its no use of pointing the mistakes in analysis like Demonetization aim is to reduce cash in circulation so the printing press output is immaterial since his agenda is just to abuse government and government policies
so just another Modi baiter trying hard to run down Modi....remember we had Award wapasi walas, intolerance walas....now this crop of Modi baiters will also end up the same way...!
Re: James Wilsons there are aplenty... like Modi baiters ..
by Balaji Ramamoorthy on Dec 27, 2016 10:38 PM
Look at his Twitter timeline. a third rated scumbag abusing the government and government policies without knowing head or tail about economics. a failed civil engineer.
Re: Re: James Wilsons there are aplenty... like Modi baiters ..
by Parameswaran on Dec 28, 2016 07:49 AM
I totally agree with you balaji..Why rediff is publishing such third rated articles without any truth in this...
This article written is just to demonise Modi by exploiting unwanted figures. 1st why should the entire amount withdrawn should be replaced with new currency. If it has be replaced then why withdraw. Even a peon in RBI will know the numbers told by James wilson. Objective is to remove cash then why replace. there are hiccups and people are slowly moving to cashless mode. Only if there is a pain there will be gain. We have put up with corruption and bribes for 70 years. Nothing wrong in putting up with this short term pain.
I do not agree. Our's is a corrupt country, corruption of thought, corruption of blood, corruption of deeds. We deceive even those who give birth to us. We deceive our children with false promises. We deceive our neighbours. This action of demonetisation is not even an upheaval. Several thousands of poor were benefited by way of commission for exchanging the ill-gotten money comprising un-paid tax. In the process, the tax due for Govt. remained unpaid, lest their names will become public, shaming them. How the billions have been exchanged by politicians is a mystery. We deserve such shakes every now and then. I thank Sri Modiji for this. My request is that the cash-less be made compulsory in all transactions and accountability to be fixed for all. If beheading is made compulsory for the evaders sans SC intervention or faster justice, the better.
the fact that not a single world renowned economist has been entrusted to handle any country underlines the limitations of academians. We did have one good person but then administrative control was lost.
Re: demonetisation
by Pervez Musharraf on Dec 27, 2016 08:09 PM
If I get the message correct..this is not demonetisation..but a lot bigger than that..it is a start to change the countries fiscal culture which no book teaches how
Tax theft and its illegitimate children like corruption in ranks scams and crony capitalism need to have a penal price tag..sadly today these practitioners have no fear whatsoever but instead have immense pride for their shameful shenanigans..almost like a measure of success