Rahul Mehta Gandhinagar LsCandidate
As of now, India is better off with improving cheque money (after cancelling Mauritius treaty and ending GST / VAT) and NOT move to android emoney --- cheque money can be improved and google emoney is something that US Govt can shut down any minute. so cheque money is better option.
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On 8-nov-2016, USUK-elitemen ordered NaMo to ban rs 500 and rs 1000 notes. The goal of USUK elitemen was to force all 130 crore Indians to move to android based emoney. Why do USUK-elitemen want to force android based emoney on all Indians?: Because android has feature that all android phones in a given country can be shut down within minutes by USUK-elitemen if and when then wish !! In addition, white money will force Indian businessmen and factory owners to pay income tax at the rate of 25% to 35%. So Mauritius banks on whom income tax rate is 0% to 7% will take over a large part of their businesses !!! Also, emoney will force many Indian businesses and factory owners to give up their 2% lumpsum status and force them to move to 12% dealer status. And then using GST's clause-16,11.c aka "SoMoke's SuperKasai clause", they will be able to slaughter lakhs of small / middle Indian businessmen / factory owners
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All that plan is in progress
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What options do we have?
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Now cash has know problem - fake currency. There are solutions -- put scanning and serial number reporting machines at all bank branches and all govt offices and as many private places as owners agree. But still cash has problems. And we need a lescash system.
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Solution as of now is to improve cheque system and NOT emoney
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Emoney is good but ONLY after chips, PCBs, phones, PoS, servers, operating system, software, apps and telcom network is owned/made/operated by Indians. As of now, everything is imported or "made in India, made by foreigners". So emoney is USELESS option as of now.
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The cheque system can improved in many ways. And thats what we should focus on.
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SoMoke do want to improve cheque system so that people are forced to switch to emoney.
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How can cheque money be improved? I will write more later