The best way to curb the black money is to restructuring the system to prevent the black money circulation. If you go to the restaurant and pay money to the owner directly, it does not come into tax bracket. Most of the retail industry even goes to the extra length to have two billing mechanism … More Tax leakage in retail sector and innovative billing machine.
Right to Information act ( 2005 ) was an excellent initiative to empower and give citizens the visibility in the governance. It gives the citizen, the rights to know about the government information. The fundamental idea is to give transparency of the information in governance. I think RTI was the first step in bringing the … More Building a political social platform for the people to see the change they want.
Any government should focus on the areas like Education, Health Sector and Employment as a prima facie agenda. There is need for massive improvement in health care sector in India. Especially increasing the quality hospitals in Rural area, improving human resources ,reducing the unwanted medical procedure from crony hospital to the patient,reducing the price of … More Reforming health care sector in India
“Religion is emotional, Humanity is rational.” “If we just start to experience inception of innovation, then we probably just starting experience the inception of civilization” “International clearing union and Bancor makes me curious after 2008 financial crisis” “Religion is emotional, Humanity is rational and Peace is godliness” “Gandhi is much ahead of time, the world … More My Quotes
I would like to share my entrepreneurial experience in this blog. It was a mountainous task to start a firm in Rotterdam. There is always a burning thing right from a childhood to create some thing great and innovative. I started to build the idea of supply chain sharing idea from scratch and built a … More Entrepreneurial experience in supply chain and commodity trading.
Petrodollar recycling is the phenomenon where oil exporting nations earns more money than they could possibly invest in their own economy and the term “petrodollar recycling” is coined by Henry Kissinger. Oil is often described as liquid gold is traded and quoted in US Dollars. Around 60% of the currency reserves across the globe are … More Future of petrodollar recycling
Both the innovation and civilization is at the inception stage of human evolution. Innovation is at the inception point and it never reaches the peak since each innovation acts as a chain reaction to give rise to more innovation and so on. The innovation has also a brief impact on culture and thus has a … More Aug-2015/1
Economy is crumbling after oil price fall and China stock melt down. This is the golden opportunity for entrepreneurs to do ground work and position themselves in strong place and waiting to grab opportunity while global economy picks up again.
There is a saying that “Calm seas never make a skillful sailor” similarly “Calm life never makes a skillful human being”. The more you try in life, more wiser you become and more knowledge you gain. Lets apply some basic mathematics skill on this topics. The more the people you know, the more connections you … More Math as strategy for moving up the ladder.
Following the ECB’s quantitative easing, the value of euro currency is dropping. The prediction from Goldman sachs states that euro will reach parity with dollar in six months. Other prediction further states that the value of euro further drops by 2016 around 0.80 against USD by 2016 end. Previously in USA fives years and three … More Euro zone might collapse.