India – How can it prosper? Change currency to Ruppaiya instead of Rupee

Last weekend was amazing. I caught up with a lotta Indians in Belgium and we had hell a good time. Friday evening was wonderful. My frnds coming over from Leuven and we went around Brussels Central. Went to an authentic European Bar which serves 2000 types of Beers; one the most unique Bar in the world. People from all over the world visit this to taste the many kinds of Beer. I tasted STRAWBERRY BEER (It has 0.01% alcohol. For only the 2nd time in my life, I tasted alcohol. I tell you, it was very very bitter.)

And Sunday, 2 of our frnds came home and we had a nice time cooking Indian food and spoke a lot! That’s when this topic came in. How can India Prosper?

The social security that the western people have is totally not a viable solution in India. India cannot even dream of it in the near future.

Just a small example was that Pankaj’s and his frnds completed Masters from Paris. One day one of his frnd suddenly fainted in a train while traveling. He was immediately rushed to the hospital. Treated and all done. He was not around for 3 days and that’s when Pankaj and his other frnds got frightened and infact even called his home back in India to mention that he is missing for the past 3 days. He has neither come home nor gone to college.

Later in the day, they were confronted by some cops visiting their home, who told them that their frnd had fainted in the train and he was immediately rushed to the hospital and taken care of. As they were students and not tax payers yet, he was then later asked to repay 10% (90% coverage for students and 100% coverage for students) of the total expenses at the hospital; which that guy more than happily repaid working part time in an Indian restaurant.

Imagine if this had happened in India. Would it be such a good full stop to the story? Certainly not!

There was a recent survey done which studied why people save more in the east than the west. Japanese, Indians saved more. Wondered why? More than 80% of the people saved money for emergencies, weddings or some crap ceremonies. Very little people saved money to buy new gadgets in the market. This shows the lack of Social Security in India. If you take your wife to a hospital for her labor pain; you will not be allowed to see the baby until you bribe the nurse even when you are the one who is bearing the whole expenses of the hospital for your wife. So, bribing gets in to the veins of the people in India.

Will Social Security be an answer to this in India? Maybe! It could work. But will people not take advantage of this? Social security includes paying the unemployed and the senior citizens for their livelihood. Free education to the kids. Free hospitals to the citizens. Many many more.

What all do you want to include in the package of Social Security in India? Imagine the state of Govt. Schools in India as of today! Infact, Private schools itself has become a huge commercial business minting a lotta money. The same is true even with the “hospital industry” in India.

Why would the cabinet approve free education and free hospitals to the citizens in the country when most of the people sitting there have one of the other in atleast one part of the country?

Lets imagine a hypothetical situation that the Indian Govt. with all these difficulties, “thinks” of implementing this. But it is not possible in India.

Why does India does not have this social security? To implement the concept of Social Security in a country,

1. Each and every citizen must be at the “hand’s reach” of the Govt.
2. Each and every working citizen of the country SHOULD PAY TAXES. Otherwise where will the Govt. get the funds from?

The above listed 2 are just the first of the many few such limitations. Maybe, if we could satisfy these bare minimum 2, I guess, the Indian Govt. “may start thinking” about Social Security in India.

We also continued to talk as to how to practically to make this a possible task? Immediately Pankaj said that they had conducted a similar study when they were doing their MBA. And one of the probable ways of doing this is

CHANGE THE CURRENCY IN INDIA

Just study the effects of changing currency in a country like India. The very thought of this makes me run a chill down my spine. Amazing!! This could be one the most amazing things to happen for a country like India.

Imagine!!! Within no time of declaring this and starting this process of changing the physical currency, taking back the old currency notes and replacing them with the “new currency”; making it mandatory that everyone in the country SHOULD get it exchanged on or before SUCH AND SUCH DATE. After which THE OLD CURRENCY STANDS VOID.

The effects are amazing!! I guess India would be far a richer country and could well be badged as a “Developed Country”.

When you want everything to be Indian. Why have the currency as RUPEE. Change it to RUPPAIYA.

Give this noble endeavor a thought. If there is anything noble or sacred that you can do to this country of yours by becoming a cabinet minister/Prime minister/Financial Minster, CHANGE THE CURRENCY OF INDIA.