While I might not be qualified to comment on this, in my humble opinion #FreeHinduTemples can actually lead to a mini economic revolution of sorts, provided the government encourages them to use their excess funds to provide ancilliary services. (2)
So while the temple gets taken care of , the land around the temple can host other facilities like Bhojanalaya, Aushadhi Kendra, Gaushala, Pustakalaya etc. Heck we temples can have attached schools, research centres, vedic math centers and startup incubation centres. (3)
It's almost like the government is sitting on a gold mine without realizing it.
Initially I thought of writing an article on this but got impatient. There are many stalwarts involved in the movement. Therefore my two-bit is just based on economic aspects. 🙏 (5)
*tax collection
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What is the contribution of abrahamics to the world?
Both Roman and Greek civilization were Pagan.They worshipped Jupiter, Neptune, Saturn, Apollo.They made temples to worship them.Temples that we pay to see in Europe.Think colloseum.Think Delphi.Think Pagan. (1)
Our planets are named after Roman Gods. Our calendar is Roman.
On winter solistice there was a feast to honor the God of death, Saturn. Now its called Christmas.
US calls itself a Christian country but all its public buildings sport Roman, think Pagan architecture. (2)
Underneath the tall stately building of Bath, UK, there were ancient Roman baths, now excavated. Tourists throng to see them.
The tourism the Europe thrives on, lives off Pagan sites, ruins and architecture. (3)
Since yesterday there has been plenty brouhaha on "resumption of trade between India and Pakistan ", many well meaning people are jumping and cursing the govt. Here's my two bit on how this will hasten Pakistan's economic collapse. (1)
First of all this "resumption of trade" is an ambiguous term. We are as off now only planning to export to Pakistan. This means they will pay in their currency which is severely devalued compared to ours for our farm produce. (2)
Second given the shambles that Pakistan is in currently it can be safely assumed that they have neither the economic heft nor the expertise to argue or even produce stuff to sell to India for the next couple of years. (3)
A couple of my friends here wanted me to elaborate on what I liked about this budget compared to other budgets in the past. So, here goes my understanding of why this budget is one-of-a-kind! (1) @iamshinerk@NetraDaoo
Adversity is the mother of invention: We came to this budget on the back of crippling economic situation in wake of the pandemic. The immediate focus was therefore revival of the economy.
1) The budget announced the fiscal stimulus route of govt expenditure to fuel growth! (2)
2) As mentioned by the honorable FM, the fiscal stimulus is going to happen through three sector focus, namely:
(a) Healthcare ; (b)BFSI ; (c) Infrastructure
3) These sectors have been chosen since they are by far the biggest employment generators! (3) @nsitharamanoffc
Today I write on how we are facing a different predicament of "Demand Collapse" due to #COVID2019. (1/n)
When such worldwide catastrophic events happen, people anticipate tectonic shifts in money flow and scared by that prospect they withdraw all their investments/spendings, in effect triggering a self-fulfilling cycle of events.(2/n)
Once people start sitting on cash, refusing to spend/invests businesses see a sales dip. Anticipating that sales dip, lack of demand they in turn put off expansion plans, freeze hiring/begin layoffs. This feeds into the "doom-gloom" scenario. (3/n)
Today I will write on a live example of what happens when an Economic System fails, for eg. U.S.S.R (1/n)
On 26th December 1991, Union of Soviet Socialist Republic, remember there used to be a country called that, ceased to exist, The last president of Soviet Union, Mikhail Gorbachev who had promised economic reform resigned to make way for Russian President Boris Yelstin. (2/n)
To be fair, this was a political collapse, but Boris Yelstin went into this event without any clear cut plan of how he was going to migrate a state owned country, to a country run by private enterprise.A prolonged period of economic chaos and disruption followed. (3/n)
Have been meaning to write on Money Flow, since it is difficult to comprehend. So, using hotel as an example, here goes:
A 300 room hotel on an average employes around 1000 people.
When one books a hotel room. A small %age of it immediately heads to govt as taxes. 1/n
The balance is used by hotel to pay salaries, pay it's bills to reservation companies, to travel agencies, to electricity companies, to water supplier, to sellers of food and sellers of amenities.
In turn the suppliers, employees use the money to pay their own bills.2/n
The suppliers receiving money from the hotel use the money to pay their transport partners, the farmers producing the items and their own employees.
The employees of the hotel/the supplier pays his/her own bills. With that money they buy food and other goods. 3/n