536. The cashless income for cashless transactions.

536

Cashless income for cashless transactions

       The Supreme Court of India referred the demonetization policy to a constitution bench.

       All on a sudden, the government did not allow the people to spend the money in their hand. It is an unconstitutional action. In fact, it is worse than cruelty to animals. Theoretically, such a government has no right to exist.

Constitutionally, the prime minister has a right to make mistakes in good faith. The only condition is that he should not have committed the illegality in bad faith. This is not written anywhere in the Constitution of India is a different matter.

Further, when a leader thinks of doing a superhuman effort, he is bound to make some mistakes and the people must be happy to live with it.

Now, the prime minister must prove that he did it in good faith.

He must stop the generation of black money. For this, he must take over all natural assets and examine the other suggestions given to him by the people.

Notwithstanding anything, the government must compensate the monetary loss suffered by the people. Many people below the poverty line pay an interest of about Re.10,000/- every month for the two or three lakh received from the lenders for house construction and others.

They suffer a lot due to the sudden reduction in their income. This must be compensated.

As the small traders and the farmers are the worst affected, they must be given Re.10,000 each per month or any other amount for about six months.  If the government waits for the Budget, the people might think of the words of the former prime minister, Dr. Manmohan Singh, that “ in the end all are dead”.

Some people keep the money obtained in selling their property for marriage purposes and others. Such people must be given back their money if they had sold the property in the preceding two or three months.

The court has been acting in bad faith. In this case, it must act in good faith.

       The Central bureau of Investigation (CBI) arrested former Air Chief Tyagi in connection with the Augusta Westland helicopter deal.

       Apparently, it is the repercussion of the demonetization.

       It is a threat to the Prime Minister of India because the CBI might seek the permission of the competent authority to arrest him for the Re.33,000 crore in the Rafale deal.  

       Therefore, the prime minister must cancel the deal for the stability of the government.

      

       The leader of the Congress Party, Mr. Ragul Gandhi, said that he would reveal the personal corruption of Prime Minister of India Mr. Narendra Modi, in the Parliament. He warned of a quake. But he chose not to reveal anything.

      

Superseding two others, the government selected Lieutenant General Bipin Rawat as the next army chief. He will take charge on 31 December 2016.

Mr. Cyrus Mistry, on 18 December 2016, disclosed that the Tata Trust and the Birla Trust are the only Trusts that keep more than 1 per cent shares in various companies. He added that other Trusts are not allowed this.

This is a startling revelation. The message is obvious. Even the Supreme Court of India cannot make the two Trusts different from all the rest.

Next day, he filed a suit in the Company Law Board Tribunal for appointing a judge of the Supreme Court of India as the Receiver.

He cited several illegalities of the Trust in his submission.

Such illegal activities are common to all Trusts. Therefore,  the  Prime Minister of India must do his duty. The trusts have decided to overthrow him is a different matter.

The competent authorities found huge amounts of new Re.2000 notes in many places. Re. 34 crore was found in one place. According to a TV report, Re. 400 crore was confiscated in Gujarat. The reports are consistent with the letter No. 534.

The people continue to struggle for cash.

 The government could have made the people to spend 50 per cent of their cashless income in a cashless way. This might have kept many people away from the ATM machines.

This is letter No.536

   This letter is being submitted to His Excellency the President of India, Supreme Court of India, Chief Vigilance Commissioner, Indian Army and the Indian Air Force, and posted in the blog: www.howeverythinghappenedinindia.blogspot.com  on 21-12- 2016.

21  December 2016.

V. Sabarimuthu,

26-3 Thattamkonam, Vellicode, Mulagumoodu PIN: 629167, India.