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Monidipa Bose - Dey (মণিদীপা)

@monidipadey

Jun 23

Understanding Halal Economics: why Hindus/Non-muslims are losing their spaces in the markets.

🧵 1/3….

Rajendra Sachar was the biggest liar to emerge in post-independence India. Those who cite his report to prove that Muslims in independent India are in a dire state are either hypocrites or know nothing of economics. Muslims possess around 12% of the global purchasing power. So who is buying the remaining 85% of halal products? Of course, the Kafirs (non-Muslims).

The size of the halal economy exceeds the GDP of countries like India, Germany, or Japan. Then why wouldn’t there be halal banks? This leads us to three core questions:
1.Interest (usury) is forbidden in Islam, so how will a halal bank generate income?
2.If they open their own bank, how will it concern us?
3.Why would anyone deposit money without earning interest?

Answers:

First, in Islam, while interest is haram (forbidden), profit-sharing is not. So if someone takes a loan, they must share profits. The borrower will need to present their company’s financials. That means the bank will have insider knowledge of most businesses.

Secondly, halal banks will only invest in halal businesses — and that too, without interest. This implies that the same product, if produced by a halal-certified company, will have access to cheaper and lower-risk capital. Consequently, over time, non-halal companies will be forced out of the market due to losing in fair competition.

Thirdly, who and why would anyone deposit money without earning interest? For the same reason people deposit in Swiss banks — they pay a fee for privacy. In this case, a local halal bank offers the same benefit with no fee and no need for hawala or hundi transactions to move money overseas. So why not keep money here instead of Swiss banks?
…

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Now comes the idea of a Halal Stock Exchange. To understand this, Suppose 57 Muslim countries launch such exchanges. A vast amount of surplus capital will be available for investment. Suppose two Indian companies get listed there to raise funds. Here, halal companies get exemptions from all types of fees. So if investors gradually avoid non-halal companies, the latter will be pressured to obtain halal certification. This way, one after another, Indian companies will start conforming to halal norms, and non-halal companies will disappear from the market. We are already seeing this, where from dairy products, to toothpastes, to fish, to diapers, to spices, grains , and many more things are suddenly appearing with halal certification labels.

After independence, within four decades, the Shekhawati Marwaris replaced Bengalis from Burrabazar (Kolkata’s major trading hub). Now, Bengali-speaking Muslims — once Marwari employees — are replacing the Marwaris. Where did this money come from?

Answer: From the Halal Economic System.

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However, if the American or Chinese capitalism is driven by self-interest, why wouldn’t Islamic finance be? But the purpose of my writing is to understand why we (Hindus/Bengalis) are stepping away from the market. Success in business doesn’t come just from studying economics, finance, or earning an MBA. What’s truly needed is social unity and a sense of ethnic identity, as spoken of by Pulin Das or Aurobindo Ghosh. After World War II, some Indian Muslims proved this — by going to Britain, which ruled the world for 200 years, and displacing the British from their own marketplaces.

The British had a fatal flaw: a false superiority complex — which Hindus, also possess. That’s why they keep invoking the Sachar Committee r eport to prove themselves noble — which only leads Muslims to see us as ignorant.

[I have translated this from a write up in Bengali, written by @SG_363 ]

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Monidipa Bose - Dey (মণিদীপা)

@monidipadey

Jun 19

History will remember this Islamic State leader for the rapes and torture he inflicted on women and children!

Just one case example: 1/3 🧵 …

The Islamic regime in Iran under this evil leader punished peaceful protesters during the 2022 “Woman Life Freedom” uprising, where women and children were protesting against gender based discrimination and oppression.

From the Amnesty Report 2023, of the 45 survivors, including 26 men, 12 women and seven children, were subjected to rape, gang rape, and/or other forms of sexual violence by intelligence and security forces after their arbitrary arrests.

Sixteen of the 45 survivors whose cases were documented in the report were raped, including six women, seven men, a 14-year-old girl, and two boys aged 16 and 17. Six of them – four women and two men – were gang raped by multiple male agents.

The State agents raped women and girls vaginally, anally, and orally; while men and boys were raped anally. Survivors were raped with wooden and metal batons, glass bottles, hosepipes, and/or agents’ sexual organs and fingers. Rape took place in detention facilities and police vans, as well as schools or residential buildings unlawfully repurposed as detention places.

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Farzad, who was gang raped in a van belonging to the Special Forces of the police told Amnesty International: “Plainclothes agents made us face the walls of the vehicle and gave electric shocks to our legs…They tortured me through beatings … resulting in my nose and teeth being broken. They pulled down my trousers and raped me…I was really being ripped apart…I was throwing up a lot and bleeding from my rectum.”

Maryam, who was gang raped in a Revolutionary Guards detention centre, recounted that her rapists told her: “You are all addicted to penis, so we showed you a good time. Isn’t this what you seek from liberation?”

3/3
Amnesty International further documented the cases of 29 survivors, who were subjected to various forms of sexual violence other than rape. These routinely involved state agents grabbing, groping, beating, punching, and kicking survivors’ breasts, genitals and buttocks; enforcing nudity, sometimes in front of video cameras; administrating electric shocks, inserting needles or applying ice to men’s testicles; forcibly cutting women’s hair and/or dragging them violently by their hair; and threats to rape survivors and/or their relatives.

To date, the Iranian authorities have not charged or prosecuted any officials for the instances of rape and other sexual violence documented in the report!

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Monidipa Bose - Dey (মণিদীপা)

@monidipadey

Jun 18

An interesting analysis on the ‘nationalisation of bank’ scam under Indira Gandhi ~

Do read the entire 🧵
This is Especially important for those who grew up in post Indira Gandhi era.
1/4….🧵

Analysing how ‘Bank nationalisation’ was one of the biggest forms of corruption that India saw, and how the common people of India were looted.

Indira Gandhi nationalized banks and increased the interest rates, which at that time made the common people very happy.

📍question 1 : Did the common people get loans from banks at that time?

- - —-The answer is NO. They would take loans from moneylenders or go bankrupt by pawning their jewellery. The common people of India started building houses, buying cars, and educating their children with loans from banks only after Atalji became the Prime Minister.
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📍question 2 : So who took loans at that time?

---- People like Tata, Birla, Ambani, Bajaj etc., took loans, along with the bank employees. As a result, at that time the banks did not have much workload. After the money went to the government, where and at what interest did the government lend it? Even the general managers of the banks did not have an answer to that.

📍question 3: But what was the interest rate of loans ?

-----18% to 24%

📍question 4: Businessmen took loans at such interest? How did they do business?

-----There was no competition at that time. When business houses increased the Prices, the buyers had no option but to buy at those high rates. In 1984, when Indira Gandhi died, only few houses in India had TV, refrigerators, or personal vehicles. People would borrow expensive suits when it was necessary, while two shirts and one pair of pants would work fine for most people for the whole year. Only few people could afford to own/ build pucca houses, even in cities. That was because the high interest rates being charged were beyond the purchasing power of the common people.

Not everyone could do business, and even if someone was interested in starting a business, it were only those who reached the Gandhi family by bribing the big network of corrupt IAS officers, could start and continue doing businesses. As a result, everything was highly and arbitrarily priced.
…..

3/4

📍question 5: But did the ones who took loans repay those loans to the bank?

----the answer was NO, in most cases. Later, the bank would waive off the loans, and the government would help the bank by printing more money. The fancy name of this process was capitalization. As a result, the prices of things would further increase sharply. Even class one government officials would stop bringing expensive food items from the market on the last 5 days of the month.

In 1974, the country's inflation was 30% and the GDP growth rate was 1%. In 1978, it fell down to negative figures. From 1966 to 1972, the state of industries was so bad in India that IIT engineers were forced to join the banks, and army, while the common man joined the Naxalite movement. Various Bengali Novels like Jana Aranya, Chowrangi, Apan Jan, etc., have carried the history of Indira Gandhi's misrule in their stories.

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Monidipa Bose - Dey (মণিদীপা)

@monidipadey

Jun 12

Why we need new Hindu Temple Act -

📍Let’s take the case of Tarakeswara temple.
Do you know who decides who will head the Tarakeswar Temple Trust? The District Judge. The temple committee includes the District Magistrate, and a few political leaders.

However, the same district has the Furfura Sharif and Bandel Church. Who appoints the heads there? Does the District Judge have any authority in these two cases ? The answer is a definite NO.

📍But why does Tarakeswar have a separate law?

In 1817, the British government brought a bill in the Madras Presidency to loot Hindu temples. Over the next 100 years, they introduced several laws to strengthen this control. To Continue with this loot, post -independence, Nehru passed the ‘Hindu Religious and Charitable Endowments Act,’ 1951. When the Madras High Court and the Supreme Court declared this Act unconstitutional, Nehru brought an even stringent law in 1959. The control and looting increased further.

In 2012, Swami Dayananda Saraswati and Swami Paramatmananda filed a case in the Supreme Court regarding this issue. That case remains unresolved even today.

📍What we now need is a new Hindu Temples Act. Government looting MUST stop. Even if that requires a constitutional amendment. If Al-Ameen Mission can independently run JEE/NEET coaching, why can’t Tarakeswar or Dakshineswar temples do the same? If Christian medical colleges can run hospitals in Vellore, why can’t we? Why does Ramakrishna Mission have to beg for minority status? Why must they be buried under layers of government red tape?

It is time for us to reflect. There’s a lot of work for us Hindus to do.

[ ✍️ Sudipta Guha in Bengali. I have translated it keeping the essence as much as I could ]

📍I will just add a bit about RKM and why it was forced to declare itself a minority organisation - the CPIM government after coming to power initially would try to control it, failing which, it forcibly shut down Rahora Ramkrishna Mission for 11 months to teach them a lesson.
After this, RKM was forced to ask for the status of a minority organisation in order to function.

Of course did CPIM dare to do this with any Islamic organisation ? We all know the answer.

📍Along with a new Hindu Temple Act, we also need to remove the Article 30, 30 A.

To my followers: do repost if you can see it. Again from yesterday X has started putting a shadow ban on my posts. Yesterday a post had just 200 reach in 2 hours, obviously making my posts invisible to my followers.

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Monidipa Bose - Dey (মণিদীপা)

@monidipadey

Jun 10

It now seems the Harappan culture was not the start of Indian civilisation, but just another dot in our long story of human civilisation.

New studies have revealed that humans lived in Gujarat's Kutch area over 12,000 years ago, predating the Harappan culture by 5000 years. These people ate molluscs found in the region’s mangrove forests, and used a variety of stone tools to hunt.

This new discovery suggests that instead of any sudden external influence, there has been a gradual, locally rooted process of adaptation and cultural development in human civilisation in the Indian subcontinent.

‘The accumulated knowledge of local geology, water resources, and navigation of these pre-historic humans may have later helped the Harappans plan their settlements more effectively and engage in long-distance trade.’

So now we push back our civilisational timeline to 12000 years from BP, leaving behind the SSVC.

Personally I think, even earlier, around 40-50,000 years back, India likely had one of the largest Homo sapiens population (beyond Africa), and this is supported by various evidences (climatic and archaeological). While much of the northern parts of Europe and Asia remained uninhabitable during Ice Age; the Indian subcontinent had mild climate, innumerable rivers, fertile valleys, and coastal areas. With plenty of water sources, unlimited food, and safe shelters, early humans would have thrived here.

Archaeological evidences from sites like Jwalapuram, Attirampakkam, and the Narmada Valley, suggest continued human habitation from antiquity. India also likely served as a main point for human migration into Southeast Asia and Oceania.

So it can be said that India was a key center in the history of early human habitation, especially during the revolutionary time when Homo sapiens undertook global dispersal.

To read more on this latest findings of Kutch 👇🏼
deccanherald.com/india/gujarat/…

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Monidipa Bose - Dey (মণিদীপা)

@monidipadey

Jun 7

Why is Islam and beef synonymous in the Indian subcontinent, despite cows not being plenty in Saudi Arabia ?

🧵 1/4…
Almost 98% Indian subcontinent Muslims are converted from Hinduism/Buddhism/Jainism at some point of time in history after the invasions started. They were converted forcibly, by being force-fed beef in many cases.

Yet today Beef is synonymous with Islam here. In fact, after marrying into a Muslim family, often the first thing done after conversion to Islam, is being fed beef. This eating beef is an essential step in conversions of Hindus to Islam in the Indian subcontinent, and elsewhere.
…

2/4

In Saudi Arabia, the main livestock consists of Sheep (63%), Goat (30%), Camel (5%) and Cattle (2%).
These figures are despite a huge push in Saudi Arabia's cattle and dairy industry in recent times.
Yet when the foreign Muslim invaders came to India, they suddenly started considering cow as an important part of their diet. The invaders who were used to eating goat and sheep meat, (remember Bakr-i-Eid), suddenly became voracious proponents of cow meat. Why?
The answer lies in Islamic invaders' need to not just forcefully subjugate the Hindus but also to humiliate them. They realised they can achieve this by widespread Destruction of temples and Cow Slaughter. That is how Beef was first connected with Islam.

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The Islamic invaders realized early during their conquests that Cow was considered sacred by Hindus. So to attack the Hindu religious system, cow slaughter and public beef eating became a process to humiliate the Hindus after a defeat, and also to attack the very basis of their socio-religious foundations.
Moinuddin Chisti of Ajmer, who was part of Sultan Muhammad Ghauri's war against Prithviraj Chauhan, had his followers bring a cow daily to a temple in Ajmer, slaughter it and cook kebabs, to humiliate the local Hindus.

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Monidipa Bose - Dey (মণিদীপা)

Monidipa Bose - Dey (মণিদীপা)

Monidipa Bose - Dey (মণিদীপা)

Monidipa Bose - Dey (মণিদীপা)

Monidipa Bose - Dey (মণিদীপা)

Monidipa Bose - Dey (মণিদীপা)

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