8th Nov : Anti
Black Money Day ?
===========================
Whereas Opposition Parties ( primarily ,
Congress ) want to celebrate 8th
Nov as a “ BLACK DAY “ , NDA government has
announced that it will be celebrated as “ Anti Black Money Day “
Although opinions are divided as to the
DeMo having succeeded or not in getting the economy rid of the BLACK MONEY , one may ( grudgingly ? ) concede
that this could be considered the FIRST STEP
in that direction
But , it would be a pity if 8th Nov 2017 ,
ends up being no more than a series of celebratory and derogatory speeches on
the merit / demerit of Demo !
Quite like paying homage to Mahatma
Gandhi at Raj Ghat , every Nirvana Day , by offering flowers and the ritual of
going around the memorial !
If NDA government is really determined
to get rid ( permanently ) of existing STOCK
of BLACK MONEY , and also FUTURE GENERATION
of Black Money , then on 08 Nov
2017 , PM should announce introduction of RFID nano-chips in high currency notes of Rs
2000 ( existing ones to be replaced with new Plastic ones) - and forget
re-introduction of Rs 1000 note
Exactly as suggested by me , ONE YEAR before the DeMo Day , in my following blog /
email dated 03 Nov 2015 :
Network
of Currency Notes [ 03
Nov 2015 ]
Followed by another 38 emails sent to the Central Cabinet Ministers between Nov 2015 and the date of DeMo announcement ( 08 Nov 2016
)
For those 38 links , look up :
Have
a good Suggestion ? Send it to PM [ 09 Nov 2016 ]
Those who doubt the feasibility of this technological
innovation , please read following :
australian
economy / 03 July 2017
Cash crackdown boss floats nano-chips in notes
THE
man charged with cracking down on the “black
economy” has revealed how he would like to keep track of your $100 and
$50 notes.
Hi-tech nano-chips would be implanted in Australia’s “disappearing” cash
under a plan floated by Michael
Andrew, the head of the federal government’s Black Economy Taskforce.
“You could put a trace on some of these
notes to see where they would go. YOU CAN USE NANO TECHNOLOGY TO PUT LITTLE CHIPS IN SO
YOU COULD THEN TRACE IT.”
For full report , click :
As to the feasibility of this suggestion
, here is what a leading authority on RFID chips
wrote to me :
25 March , 2016
Dear Mr. Parekh,
Yes, placing tags on money has certainly
been considered in the past. I think it
is a matter of time before it happens. I do agree with your idea.
----------------------------------------------------------------
13 Nov 2016
Hi Hemen,
It can be brought down to about 3-5 cents with
scale.
Meanwhile check out a variant of the technology which
is cheaper:
27 Oct 2017
www.hemenparekh.in
/ blogs
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