Discover and read the best of Twitter Threads about #demonetization

Most recents (17)

“If Twitter is not going to be honorable [...] I’d think, just shut it down as far as I’m concerned...” 😎

@jack You were warned. -Q

#QAnon @realDonaldTrump

foxnews.com/politics/trump…
More Twitter Games @jack?
Read 17 tweets
"சட்டப்படி" கடனா.?!
அது எப்படி.?!"

ஊருக்கு வெகு தூரத்தில் உள்ள ஒரு இடத்தில் 100 ஏக்கர் பூமி வாங்குவார்கள். அந்த பூமி வறண்டு காய்ந்து போய் இருக்கும்.

சும்மா கொடுத்தால் கூட யோசிப்பார்கள். இத்தகைய இடங்களில் ஏக்கர் 1 லட்சம் என வாங்கி விடுவார்கள்.
100 ஏக்கரும் சேர்த்து 1 கோடிதான்.
பின்னர் அதன் ஒரு பகுதியில் ஒரு ஏக்கரை தங்களது உறவினர் பெயரில் ஏக்கர் 50 லட்சம் என பல மடங்கு அதிக விலைக்கு விற்று அதன் விற்பனை விலையான 50 லட்சத்துக்கே முத்திரைத்தாள் வாங்கி பதிவு செய்து விடுவார்கள்.

இனி அந்த பகுதியில் ஏக்கர் 50லட்சம் என்பதுதான் அரசு வழிகாட்டி மதிப்பீடு ஆகிவிடும்.
பத்திரப்பதிவு அலுவலக முத்திரைத்தாள் விதிகளின்படி குறைத்துதான் மதிப்பீடு செய்யக்கூடாது.

அரசுக்கு அதிக வருமானம் கிடைக்க வாய்ப்பு இருப்பதால் அதிகமாக மதிப்பீடு செய்ய தடையில்லை.

100 ஏக்கர் பூமியின் சர்வே எண்ணிலேயே விற்பனை செய்யப்பட்ட இந்த ஒரு ஏக்கர் பூமியும் வருகிறதா.?!
Read 17 tweets
This was a lot of fun. Always enjoyed learning from @deepakabbot - this was quite insightful and my homie @MotwaniSuhas did a great job with the moderation. Could have been an hour or two longer and I’d still be curious and entertained.
I have some raw and unfiltered notes from the session. Drop me a DM if you want to have a look.
Quick tip: Surround yourself with smart and helpful friends.

@SparklinGuy recommended that I make a thread out of @deepakabbot 's webinar that was moderate by @MotwaniSuhas ( Shoutout to @BlumeVentures for organising )

My homie @rjtnndn cleaned up my notes. So here goes:
Read 28 tweets
10 mins of your time will make you realize how big a scam "YES Bank" is & how Congress would have made India totally broke if Modi Govt had not taken such bold steps!

This is not just the story of Yes Bank but a curtain raiser on a conspiracy called Sonia, Manmohan & Raghuram👇
2004-2014 was the dark period of Indian History where 36% of Indian Companies managed to siphon off 10,900,000,000,000 (Rs Ten Lac Ninety Thousand Crores) which 91% of TOTAL Currency circulating in India. These were fake Co's who kept getting loans on behest of Sonia's Ph calls
Remember the protest by Cong against #Demonetization? The entire Media Cabal screaming against the removal of Raghuram Rajan? It was all because they had the dirtiest secrets hidden under the carpet.

Demonetization came as a Blessing to save India! Jaitley, Modi & team saved us
Read 7 tweets
as long as corona virus doesn't cross throat it isn't serious

once it infects lungs, most (except children, pregnant women) develop cytokine storm immune reaction

Old, sick people will suffer. Need lots of Oxygen (ventilators & emergency care etc)

Hope govt paying oxygen bills
#CancelEverythingNow
#FlattenTheCurve

This is doctors in America trying to learn from experience of Italy

#CancelEverythingNow
#FlattenTheCurve

This will impact old people, sick/immune compromised people & vulnerable people without access to medical care

Only preventive option is SOCIAL DISTANCING

Read 36 tweets
1/ In the latest issue of the Journal of Economic Perspectives, @AmartyaLahiri has one of the most comprehensive assessments of #demonetization I have seen to date. The piece is ungated and can be found here: pubs.aeaweb.org/doi/pdfplus/10…
2/ The bulk of the piece focuses on whether demonetization achieved its three stated goals:

1) Seizing the black wealth created through undeclared income

2) Increasing the tax base

3) digitizing the economy & reducing the reliance on cash

Lahiri analyzes all three.
3/ Because 99% of the currency was returned, we know that the direct method of capturing unaccounted wealth did not work. When it comes to indirect methods (tax), neither demonetization nor GST pushed the indirect tax/GDP ratio off its recent trend path.
Read 11 tweets
Over 94% poll takers believe that local business are getting effected by #InternetShutdowns.
#InternetShutdown means that no small #onlinebusiness can effectively function to use online payment gateways like @GooglePay, @Paytm, @NPCI_BHIM to accept payments especially after #demonetization or to operate via social media channels like @instagram for publicity & orders.
#Kashmir has lost some Rs 1.78 lakh crore ($25 billion) in economic output in the five months since August 2019. This is 11% of the erstwhile state’s nominal gross state domestic product (GSDP) of Rs 1.59 lakh crore for 2018-19. @qzindia
qz.com/india/1803539/…
Read 6 tweets
Putting 12 stage roadmap to cashless economy presented in mid 2015 in #ThanjavurKalvettu
More, this one on #FASTag . In 2015, FASTag + EWB integration was 'imagined'. I will leave it to you on who is ruling the country.

As for their execution skills, we all no better now.
This is awesome. VoterID linking with #Aadhaar was too imagined in the book
Read 18 tweets
#MissionSeduction

5 Questions

1. What was May doing in #NewDelhi when #demonetization was announced?
2. Why the event was sponsored by a bankrupt #CrownAgent firm blacklisted in India?
3. Who lifted the Ban & gave contract to #DeLaRue to print our notes?
lemonde.fr/economie/artic…
4. Why the same bankrupted & blacklisted (for colluding with Pakistan ) British #CrownAgent #DeLaRue bailed-out by #demonetization contract is illegally smuggling Biometrics of Indians captured during Pilot Project of #NPR #NRC?
greatgameindia.com/national-popul…
5. Why is there absolute silence on these questions by mainstream media which is obsessed with all things Pakistan?

By awarding #demonetization contract to the blacklisted #CrownAgent #DeLaRue, India's National Security has been compromised!
greatgameindia.com/secret-world-i…
Read 4 tweets
Hey, @UnivisionPRTeam @univision, let's use this false DMCA / Monetization Claim as a teaching moment for what the "public domain" is.

@youtube @teamyoutube #DMCA #misrepresentation #demonetization #adpocalypse
C-SPAN is a publicly-funded org, and, as such, content that is created in the chambers of the House or Senate is automatically public domain.

You don't have to take my word for it.
I literally went over their copyright page in my video.

c-span.org/about/copyrigh…
Read 11 tweets
Day 18 of #ParliamentWinterSession

The #CitizenshipAmendmentBill listed for discussion, passage in #RajyaSabha today

But RS has had a stormy start of the day and is currently adjourned till 12pm due to protests by MPs- on states not being paid #GST compensation!

#SansadWatch
#RajyaSabha starts debate on #CitizenshipAmendmentBill2019

Sukhendu Shekhar Roy, TMC raises objection to discussion and wants it to be adjourned as intent of Bill is to provide protection to those fleeing from religious persecution, but same not mentioned in Bill at all.
But Chair states that he has perused the Bill and it is order and discussion starts

Amit Shah, Home Minister starts his speech on #CitizenshipAmendmentBill2019

It was expected that minorities in Pakistan and India will be protected, but same didnt happen

#SansadWatch
Read 112 tweets
These 2 brilliant Tweets reveal how V as a Nation are being taken 4 a ride.The whole world realizes that the megalomaniac craves awards & will compromise National Interests 4 some fancy titles.How he earned these ? #Demonetization #Pulwama #Sensex #RBILoot #economy
The 2nd pic from @free_thinker tells us how people realised Indian naivete as a huge potential market for Right Wing idiocy. And people are making money. The same way, trade pacts are signed by sweet award deals. Here's the list. Think how worthy are they versus our Nation's good
No jury!
Read 10 tweets
Since no Sarkari economist will tell you this, I must.

1. #Demonetization was a blunder. It was a shock that broke momentum in the economy.

2. #GST is a continuing blunder. Govt. is still in denial. Instead of rectifying things, it continues to compound problems.

But ..
.. all this well known. What is not known & acknowledged is that China has devised our MSMEs.

3. We have to appease China b/c our borders & politically vulnerable. Note politically. So we run a $60 b annual trade deficit with China that wipes out small industries & businesses.
The Govt. has no guts to take up the trade issue with China forcefully, lest China embarrass the Govt. with a Doklam kind of incident on the border. Having politicized security policies, Modi ji has made his Govt. very vulnerable to blackmail on the border.
Read 5 tweets
டீமானடைசேஷன் என்பது தோல்வி (failure) அல்ல, பெருந்தோல்வி(fiasco). இதிலிருந்து நாம் கற்றுக்கொள்ள வேண்டிய பாடங்கள் சில உள்ளது. குறிப்பாக ஐடியில் வேலை செய்யும் இளைஞர்கள்.

1) அமர்த்தியா சென், மன்மோகன் சிங், ப.சிதம்பரம் ஆகியோர் தான் பொருளாதார நிபுணர்கள். ஆர்.ஜே.பாலாஜியும்,
ஜெயமோகனும், அவர்களைப் போன்றவர்களும் வெறும் ஜால்ரா நிபுணர்கள்.

2) ஃபோட்டோஷாப்பில் எல்லாமே அழகாகத் தெரியும். ஆனால் அது குஜராத்தா, சைனாவா என ஒரு நொடி இணையத்தில் சரிபார்த்து நண்பர்களிடையே பரப்பினால் வீட்டுக்கும், நாட்டுக்கும் நல்லது.

3) வளர்ச்சி என்பதும், முன்னேற்றம் என்பதும்
மந்திரத்தில் காய்க்கும் மாங்காய்கள் அல்ல. எல்லாம் இப்போதே, உடனே நடக்கவேண்டும் என்ற பேராசையில் ஆசைகாட்டி மயக்கும் மந்திரவாதிகளை ஆதரித்தால் வளர்ச்சி மைனஸில் போய் நிற்கும். இருப்பதும் பிடிங்கப்படும்.

4) மதம் என்பது வீட்டின் பூஜையறையில் இருக்கவேண்டியது. அதை தூக்கி
Read 7 tweets
@SushantBSinha #Fact check extended :

Cash holding:
2016: 17.00 lac crore
2018: 19.30 lac crore
Valuation of rupee :
2016: 65/$
2018: 75/$
Liquidity : #IL&FS crisis
GDP growth: Fall by 2% (tag of fastest growing economy lost)
Bank fraud: Constantly increasing
Chip: Not found😂
#Demonetization
@SushantBSinha Continuation....

#Naxalite insurgency:

Civilians killed:
2015: 90
2017: 110
Security forces killed:
2015: 60
2017: 75

#Demonitisation #FactCheck
@SushantBSinha Continuation.....3

Stone pletting in kashmir
2015: 730
2017: 1261

But godi media is tweeting figure as per their convenience !!!

#Propaganda chalta rehna chahiye ! #FactsAreFacts

#Demonitisation
Read 4 tweets
Browsing thru direct taxes collection numbers put out by the IT Dept., I find something rather strange:

1. Over 4 years, 2014-15 to 2017-18, direct taxes paid by the corporate sector increased by 44.7% cumulatively.
2. Over a similar 4 year period, 2009-10 to 2013-14, direct taxes paid by the corporate sector increased by 61.2% cumulatively.

3. Over a 4 year period 2013-14 to 2017-18 personal taxes paid by individuals increased by 72.9% cumulatively.
4. Over a similar 4 year period 2009-10 to 2013-14, direct taxes paid by individuals increased by 82.8% cumulatively.

So in respect of both corporate & personal direct taxes, the growth in tax collections 2010-2014 was higher by 10% points than in 4 years from 2014-2018.
Read 5 tweets
RBI has come with an excellent paper on the benefits of #Demonetisation - with undeniable facts and data and not rhetoric that has been offered by newly minted economists or stale shayari from the Congress stable. Consider some facts in next few tweets.1/10
Currency in circulation (CIC): CIC was down by 8% Y-o-Y as against 17.2% rise in previous year. So as of 27th Oct 2017, CIC was around 91% of pre-demonetization levels and actually 81% if same growth rate had continued in absence of demonetization. 2/10
Currency in circulation as proportion of broad money (M3) fell to 12.3% on 13th Oct 2017 as compared to 14.4% on 11th Nov 2016. The conclusions in RBI paper are thus significant. 3/10
Read 11 tweets

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