Rahul Mehta Gandhinagar LsCandidate
USG (US Govt) and/or Google can shut down ALL android phones in India within minutes !!! And SoMoke want android driven cashless India !!!
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One should wear trousers AFTER wearing underwear, NOT before. Only two persons who wear trousers before wearing underwear --- superman and a superidiot.
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We at Right to Recall party have always welcomes lesscash or cashless transactions. There are several merits. But AFTER India has "100% made in India 100% made by Indians" chips / devices,/ servers, "100% made in India 100% made by Indians" operating systems , software and apps and when telecom network connecting devices is also "100% made in India 100% made by Indians".
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We even proposed 1% bank charge of cash withdrawals and cash deposits, which will be subtracted from income tax payable, And There should be also 1% change on every cash transaction that a business shows in its books, to be subtracted from its income tax payable. The business may absorb it or pass it to customers.
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Same way, part of costs of all transactions - be cash or cheque or electronic -- should be passed on end users and GoI should only absorb a portion of fixed costs. When cost of transaction is passed on to users, the users will automatically move to less inefficient ways.
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SoMoKe want cashless or lesscash India where everything is made and even run by foreigners , which they can shut down as and when they want !!! And then SoMoke give us sermons on national security !!
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If fake note is problem, then running a payment system which USG can shutdown within minutes is that problem multiplied by 10000. Of course, SoMoKe and SoMoKe-andhbhagats want us to beleiev that UGS will never blackmail India for the powers they have over India's payment systems.
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Demonetization has NOTHING to do with cashlessness or even lesscashness. Cashlessness comes by improving cashless systems and making them less prone to foreignj sabotages and less prone to frauds. And at the same time, make cash more expensive so that cash covers all its costs.
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All in all, cashless systems is to make India more dependent on USA. Now USG can shut down payments in India anyway by just clicking a button.