Friday, December 16, 2016

How to make Demonetization a Boon for India

Demonetization will be boon for balancing the wealth between rich and poor for sometime. We might see further devaluation of Indian currency but we as a global and local Indians must focus on balancing our trades.

Pay your advance taxes so the government and budget will be cash rich at beginning of the fiscal year. Study Dubai to do this.

Focus on increasing software exports from Indian companies so deficit will be less.

Focus on promoting India Inc and its products. We have best chillies, pepper, one of largest producers of cocoa, rice and wheat.

Don't look for buying things cheap in India.  Pay the premium.

Advise every household to declare their gold and see effects of currency strengthening.

If a government official be it any party focuses on improving quality yield then support them vociferously.

Remit goods sums of your international income regularly to India. Don't look towards procuring international citizenship but educate the rich men abroad of advantages of getting an Indian passport.

Go Cashless. Jai Hind. 

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