Seshan Ranganathan Profile picture
May 26 5 tweets 2 min read Twitter logo Read on Twitter
#WhosChampion
* Associate Action B with past Action A which had bad consequences.

* The intent is to rubbish Action B, seemingly without denouncing it, on behalf of major hoarders, by inflaming small holders or even the unaffected.

business-standard.com/economy/news/w…
To bring in a foreign axiom ["No questions asked,” or NQA, is a vital property of money everywhere and at all times, according to MIT's Holmstrom and Yale University’s Gary Gorton]

as if presenting a great truth, when the very object of actions taken, may be to preserve the
sanctity of the currency, [when it is to stop counterfeiting or unearth ill-gotten wealth]

The only people seriously weeping, should be politicians, builders & all manner of tax evaders undeserving of any sympathy.
Andy seems to be one among their many seemingly dispassionate champions.

Actually, I as an ordinary citizen, am more disturbed by the 'clarification' that those who bring in Rs 20000 in Rs.2000 notes will have Andy's NQA applied.
But then he wants licence in the sense of 'excessive liberty', not some puny relaxation, na?

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More from @seshanm

May 26
@EditorRajan
आप खुश हैं क्योंकि आपको लगता है कि यह दलितों के पिछले उत्पीड़न की भरपाई करता है, जो आज तक पूरी तरह से समाप्त नहीं हुआ है।

आप देखेंगे कि साबरमती एक्सप्रेस में मुस्लिम भीड़ द्वारा जिंदा जलाए गए 59 हिंदू पुरुषों, महिलाओं और बच्चों के बारे में कोई बात नहीं करता।
इसी से दंगे हुए, जिसमें मुसलमान और हिंदू दोनों मारे गए।

अगर हिंदुओं ने 59 मुसलमानों को जिंदा जला दिया होता तो क्या होता? और उसके बाद दंगे होते तो? अधिक संभावना है कि आपने कहा होगा कि हिंदू इस जघन्य अपराध और उकसावे के लिए इसके हकदार हैं, जो उन्होंने सबसे पहले शुरू किया था, है ना?
2003 में प्रधान मंत्री जॉन हॉवर्ड के नेतृत्व में इसी ऑस्ट्रेलिया ने, एक झूठी रिपोर्ट के आधार पर कि सद्दाम हुसैन के पास सामूहिक विनाश के हथियार थे, अमेरिका और ब्रिटेन के सहयोगी के रूप में इराक पर आक्रमण किया|
Read 8 tweets
May 22
#Vishwaguru
"It does not operate within a framework of mutual obligation. It does not expect others to come to its aid, and it will not join someone else’s war."

afr.com/policy/foreign…
With this stance, India as the fastest rising large power, ensures at one stroke, that:

* China has no reason to feel threatened or insecure on its Western flank.

* Has no real incentive to get India riled up & against it.

* The West cannot take India for granted but can
feel confidence in its peaceful civilisational ethos.

* The rest of the world can rely on a trustworthy partner to champion their cause at multilateral forums, assist in their development, be a market for their products and wield a protective umbrella from time to time.
Read 5 tweets
May 22
#DeDollarization
"Rogers proceeded to detail the reasons why countries are increasingly moving away from the U.S. dollar.

The first reason is that the U.S. is the largest debtor nation in the history of the world"

news.bitcoin.com/renowned-inves…
"Another major reason Rogers mentioned concerns sanctions."

"The world’s international currency is supposed to be completely neutral. Anybody can use it for anything you want. But now Washington is changing the rules. And if they get angry at you, they cut you off."
"One of the initiatives aimed at challenging the U.S. dollar’s dominance is the proposed BRICS currency. The BRICS nations (Brazil, Russia, India, China, and South Africa)are collaborating to establish a common currency that would reduce their dependence on the U.S. dollar"
Read 5 tweets
May 14
Benefits- Comparitive Before Modi and now

Transcript of Anand Ranganathan on Times Now on 6-4-2023


Minority's before 2014

• 20000 skills trained

• 5% with Government jobs

• 3 Crore scholarships

• 70% girls school dropout rate.
No other Prime Minister has comparatively done, more for Muslims than @narendramodi

On the other hand,let's look at the condition of Muslims in a State that has never been ruled by BJP & whose present and past, Chief Ministers have gone out of their way to appease Muslims.
Minorities after 2014.

• 20,00,000 Twenty lakhs skills trained

• 10% with Government jobs.

• 5 crore scholarships

• Free UPSC coaching

• 30% girls school dropout.

In fact. Modi has given more scholarships to Muslims than Manmohan Singh did.
Read 16 tweets
May 12
#GharWapsi
"Several Indian fintech startups domiciled abroad are considering shifting their base to India, investors and startup founders said, as they seek to gain regulators’ confidence and prepare for public markets."

livemint.com/companies/news…
"Despite the hefty tax bill on such shifting, more sectors such as consumer tech and health tech may consider a similar move in the near future, they said."
"Regulated entities are likely to move to India to scale their businesses by complying with regulations and aligning their interests with the regulator’s policy intent, while consumer companies may relocate to take advantage of India’s attractiveness, especially while listing.."
Read 5 tweets
May 10
@ShashiTharoor
Shashi Tharoor has unfortunately grossly lied in this matter.

That he should exploit an unfortunate, horrific tragedy to shift the blame to a Central Minister is evidence of the unprincipled politics he & @INCIndia practice.
Forget the Central Government:

In this tragic case it is not even the fault of the State Govt.

Was the Minister negligent? NO

I request all of you to please read the Minister's letter even if it takes 5 minutes.

The Minister has given a comprehensive reply:
* Pointing out that both Health and Law & Order are State subjects.

* Still , after creating a draft legislation & extensive consultations it was decided NOT TO enact a separate Act, as other professions could make similar demands.
Read 10 tweets

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