Arthakranti

ArthaKranti
A design towards Principled, Prosperous & Peaceful living

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Sunday, August 17, 2014
ArthaKranti
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Presentation
Vision
Social Reality
Economic Reality
Current Reality Loops
Proposal
Effects of Proposal
Strategy
Social Security Scheme
Linked Proposals
Empowering Democracy
Animations
Credit
Establishment
Vision
Flawed Taxation
System
Economic
Reality
Social Reality
Appeal
FDI
Credit
Expansion
Local Industry
Credit Cycle
Farmers Suicides
Internal Borrowings
Banking System
Disinvestment
High Denomination Currency
Proposed
System
Statistics
Calculations
Currency
Denomination
Bank Money
Direct &
Indirect tax
Revenue after
BTT
Proposal
Anti-Social Industries
Commodity
Prices
Appeal
Terrorism Analysis
Strategy
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Vision
Vasudhaiv
Kutumbakam
One
Economy
Capital
Formation
Revenue for
Effective
Governance
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Economic Reality
Interest on
External Debt
Cost of
running Government
National Security
Infrastructure, Agriculture,
Needs of Common man
Complex
Taxation
system
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Effects of Fiscal Deficit on Local Industry
Fiscal Deficit
Poor
Infrastructure
Policies
Influenced by
Foreign Interests
Attract FDI
Subsidies
Curbed
Uncompetitive
Local Industry /
Trade
Unemployment
Local Agriculture
Rendered
Uncompetitive
Reduced Rural
Purchasing
Power
Social
Insecurities
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Effects of Fiscal Deficit on Credit Cycle & Government Revenue
Fiscal
Deficit
Deficit
Budget
Inflation
Uncompetitive
Local Industry /
Trade
Unemployment
Hard Credit
Policy
NPAs
Increase
GDP Growth
Slows Down
Conservative
Lending
Inadequate
Capital Supply to
Economy
Purchasing
Power
Reduced
Low Demand
/ Recession
Inadequate
Tax Revenue
to Govt.
Social
Insecurities
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Effects of Internal Borrowings on Fiscal Deficit
Fiscal
Deficit
Internal
Borrowings
Spent on Non-
Developmental
Activities
Inadequate Tax
Revenue to Govt.
GDP Growth
Slows Down
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Effects of Fiscal Policy & External Borrowings
on Credit Policy & Banking System
Fiscal
Deficit
External
Borrowings
National Policies
Influenced
Threat to Local
Banking System
Expensive
Capital
Lending Rates
Increase
Bank Interest
Rates
Increase
Tax Rebate + High
Interest Rates on
Savings
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Effects of Fiscal Deficit on Disinvestment Policies & Reduced Social Spending
Fiscal
Deficit
Pressure to
Disinvestment
Threat to
Organized
Employment
Social
Insecurities
Purchasing
Power Reduced
Govt. Control Lost in
Essential
Commodities [e.g.
Oil, Medicines etc.]
Severe Impact on
Weaker Sections
Scope for Market
Exploitation
Cost Burden
Passed onto
Common Man
Public - Private
Partnership
e.g. Toll
Reduced Social
Spending
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Effects of Fiscal Deficit on Anti-Social Industries
Fiscal
Deficit
Increased Congestion,
Accidents, Pollution
Social
Insecurities
Inadvertent Promotion of
Anti-Social Industries
Promotion of
State Run Lottery
Schemes
Increase in oil
Import Losses
(Subsidies)
Promoting Increased
use of Oil
Automobiles
Lack of
infrastructure /
public amenities
(e.g. public transport
system)
Promotion of
Liquor, Gutkha,
Cigarettes
Direct Ill
Effects on
Public Health
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Effects on Taxation System & High Denomination Currency
Fiscal
Deficit
Inadequate Tax
Revenue to Govt.
Tinkering of
Taxation System
Uncompetitive
Local Industry
/ Trade
Expensive
Capital
Flawed Taxation
System
Inflation
Black
Money
Parallel
Economy
Poor
Governance
Social
Insecurities
Corruption
Non Traceable
Transactions
Ease of Cash
Transactions
Large
Denomination
Notes
Less Use
of Banking
System
GDP Growth
Slows Down
Inadequate
Capital
Supply to
Economy
Poor Credit /
Capital
Formation
High
Input
Costs
Tax
Evasion
Fiscal
Deficit
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Effects of Fiscal Deficit on Credit Cycle & Farmers Suicides
Fiscal
Deficit
Deficit
Budget
Inflation
Hard Credit
Policy
Social Unrest
Less Use of
Banking System
Poor Credit /
Capital Formation
Individuals Credibility
NOT Established
Low Credit Supply
to Agriculture
Unjust Borrowings
from Private Sources
Farmers
Suicides
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Flawed Taxation System
Narrow Base and Limited Coverage of Direct Taxation
Direct to Indirect Tax Ratio is 44:56
Inequitable and hence Regressive
Non-Productive
Uncertain
Inelastic
Uneconomical
Complex nature of taxes
Tax laws open for interpretation
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Statistics
How should it be
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Currency Denomination
Country
Per Capita
Income
Highest
Denomination
Per Capita Income /
Highest Denomination
USA
UK
Japan
India
$ 40,000
20,000
40,00,000
Rs. 46,000
$ 100
50
10,000
Rs. 1,000
400
400
400
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Currency Denomination Distribution
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Credit
Establishment
Less Use of
Banking System
Obstructs Credit
Registration of a lot
of Citizens in the
National Economy
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Cash Transactions will not attract any tax
ArthaKranti Proposal
Withdrawal of Existing Taxation System Completely* (except Customs/Import Duties)
* All Central, State and Local Government Taxes Direct and Indirect
Every Transaction routed through a bank will attract a certain deduction in appropriate
percentage as Bank Transaction Tax i.e. Single Point Tax Deducted at Source (say 2 %)
This deduction is to be effected on receiving/credit account only
This deducted amount will be credited to different Government Levels like
Central, State and Local (as say 0.7 %, 0.6 % and 0.35 % respectively)
Transacting Bank will also have its share in this deducted amount (say 0.35 %)
as the Bank has a key role to perform
Withdrawal of High Denomination Currency (say above Rs. 50)
Government should make legal provisions to restrict cash transactions up to a certain
limit (say Rs. 2,000)
This means, Cash Transactions above this limit will NOT enjoy any legal protection.
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Effects of ArthaKranti Proposal
Bank Transaction Tax
(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
Legal Provision Made
Restricting Cash Transactions
up to a Certain Limit
(Say Rs. 2000)
Existing Cash
Deposited in Banks &
Attracts BTT
High Value Cash
Transactions
Not Practical
Increase in
Banking
Transactions
Tax Revenue
Increases by Orders
of Magnitude
Adequate
Revenue to Govt.
Adequate
Revenue to
Government
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Tax Collection
is Simplified
Opportunities
for Corruption
Eliminated
Black Money
Eliminated
Anti-Social and Anti-
National Elements
Effectively Checked
Fake Currency
Eliminated
National Elements
Effectively Checked
Adequate
Revenue to
Government
(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
(Say Rs. 2000)
Existing Cash
Attracts BTT
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Increase in
Banking
Transactions
Part of BTT
goes to Banks
Net Banking
Revenue
Increases
Globally
Competitive
Interest Rates
Cheap and Easy
Capital
Purchasing
Power of Society
Increased
Market Demand
Boosted
Industry Trade,
Supply
Stimulated
National Elements
Effectively Checked
Adequate
Revenue to
Government
Industry
Trade, Supply
Stimulated
(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
(Say Rs. 2000)
Existing Cash
Attracts BTT
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Commodities and
Services are FREED
from Tax Influence
Prices
Drop
Focus Shifted to
Innovation from
Tax Manipulation
Industry Trade,
Supply
Stimulated
Cheap and Easy
Capital
Purchasing
Power of Society
Increases
Market Demand
Boosted
Anti-social and anti-
national elements
effectively checked
National Elements
Effectively Checked
Adequate
Revenue to
Government
Industry
Trade, Supply
Stimulated
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(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
(Say Rs. 2000)
Existing Cash
Attracts BTT
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Black Money is
Converted into
White
Tax Revenue
Increases by Orders
of Magnitude
SLR
Revised
Money Supply
Regulated
Industry Trade,
Supply
Stimulated
Adequate
Revenue to
Govt.
National Elements
Effectively Checked
Adequate
Revenue to
Government
Industry
Trade, Supply
Stimulated
(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
(Say Rs. 2000)
Existing Cash
Attracts BTT
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Adequate
Revenue to Govt.
Industry Trade,
Supply
Stimulated
National Elements
Effectively Checked
Fiscal
Deficit
Recovered
Govt. Debts
Checked
Empowered
Government
Appropriate
subsidies
Globally
Competent
Agro-Segment
Social
Security
Restored
Employment
Opportunities
Budgetary
Provision for
Political System
Cleansed
Political System
Black Money
Eliminated
Effective
Governance
(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
(Say Rs. 2000)
Existing Cash
Attracts BTT
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Revenue for
Banking
Cheap and Easy
Credit
Availability
Decentralized
Revenue
Collection System
Elimination of
Black Money
Social Security
Scheme

Tax Burden
Reduced with BTT
Budgetary
Provision for
Political System
Elimination of
Means & Motives
for Corruption
Adequate
Revenue to run
Govt. Programs
EMPOWERED
INDIA
Creativity FREED
from Tax
Manipulation
Building
Individuals
Credibility
Industry,
Trade, Supply
Stimulated
National Elements
Effectively Checked
Increased
Purchasing
Power
(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
(Say Rs. 2000)
Existing Cash
Attracts BTT
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Distribution of Central Governments
Direct & Indirect Tax Revenues
0
100000
200000
300000
400000
500000
Direct Indirect
All figures in Rupees Crores

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Distribution of State Governments
Direct & Indirect Tax Revenues
0
100000
200000
300000
400000
500000
Direct Indirect

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Distribution of Central & State Governments
Combined Direct & Indirect Tax Revenues
0
100000
200000
300000
400000
500000
600000
700000
800000
Direct Indirect
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Distribution of Centre & State Governments
Combined Direct & Indirect Tax Revenues for the Year 2010-2011
44%
56%
Direct
Indirect
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Highest Three Denominations account for 95 % of the Total Currency Money
while 37 % of our Population is below Poverty Line with Poverty Line = Rs. 20/-
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Note: Absence of Denominations Larger Than $ 100 in U. S. and the fact that
considerable part of the U. S. Currency in $ 100 and $ 50 Bills is in use outside U. S.
it being an International Currency.
Comparison of Currency Denomination Distribution: Indian Rupee & U. S. Dollar
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Banks
Primary
Deposits
Cash Reserves
Loans / Derivate
Deposits
Credit Expansion through Banking System
A 2000
1
200 1800
2
B 1800

180 1620

C 1620

162 1458

D 1458 145 1313

E 1313 131 1182

Eventually 20,000

2000 18,000
3
1 - Original Primary Deposit
2 - Original Excess Reserves
3 - Total Capital Formation through Credit Expansion with Original Primary Deposit of Rs. 2000
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Product MFG Cost
Taxes
Analysis of Commodity Prices
Cement
Bag
90

~ 160
Motor
bike
21,000

21,000
Petrol 35 / liter

38 / liter
Back
All figures in rupees
Sales Price
~ 250
42,000
73 / liter
Chinese Cost
72
25,000
-
Diesel 25 / liter

20 / liter 45 / liter -
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Sample Calculations
Narrow Money (Transaction Money) (M1) = Currency Money + Demand Deposits
For year 2010-2011
Currency Money = 9,50,000
Demand Deposits = 7,18,000
Narrow Money (M1) = 16,68,000
Assuming 20 % of M1 to be active in Daily Bank Transactions,
Amount of Money in Daily Bank Transactions (D1) = 3,33,600
Amount of money in Yearly Bank Transactions (Y1)
= D1*365 = 3,33,600*365 = 12,17,64,000
Consider Bank Transaction Tax as 2% (notional) with shares of Central
Government=0.7%, State Government=0.6% and Local Government=0.35%.

Combined Revenue for Centre (0.7%) and States (0.6%) = Y1 * 1.3/100
= 12,17,64,000 * 0.013
= ~ 15,83,000
Revenue of State Governments (0.6 %) = ~7,31,000
Revenue of Local Governments (0.35 %) = ~4,27,000
Revenue for Banks (0.35 %) = ~4,27,000
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Dependency on FDI
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Dependency on FDI
India
China
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Pratishthan
Advertising
Campaign
Public
Presentation
Media Tools
The Indian
Citizen
Business
Leaders
Political Leaders
& Parties
Experts
Members of
Parliament
The ArthaKranti
Doctrine
The Citizens
Charter of Demand
The ArthaKranti
National Reform Bill
Implementation
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Media
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Implementation of ArthaKranti proposal. Its Effects are
Enough revenues with government to make legal provision of
funds for political system
High valued cash transactions difficult
Increase the use of the banking system
Effective taxation system leading to eradication of black money.

Provision for funding of the political system
Funding of the political parties based on a per person amount for
the entire population for a five year period. Say Rs. 100/person
Total population is to be considered while making this provision
The actual fund availability will be in proportion to the actual
voting percentage
This funding will be available only to Registered political parties
securing more than a certain minimum percentage of votes cast
Sample Calculation for funding political parties

Giving healthy monthly allowances to the elected representatives
The proposal for allowance of elected representatives
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Calculations
At the Central Level:
Total provision for the entire population for the period of 5 years -
121 Cr. * 100 (per Person Amount) = Rs. 12,100 Cr.
Provision per year Rs. 2,420 Cr.

The total Amount available in proportion to a total valid votes percentage -
Say 60%
Amount available for 5 year period = 12,100 * 60/100 = 7,260 Cr.

At the State Level:
State population say 10 Crores
Funds provision for 5 year period = 10 Cr. * Rs. 100 = Rs. 1,000 Cr.

At the Local level:
Population of the urban areas is say, 10 Lakh
Funds provision for 5 year period = 10 L * Rs. 100 = Rs. 10 Cr.

Actual funding will depend upon the total percentage of votes cast.
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Allowance for Elected Representatives
For MPs at Rs 10 Lakh/month

For MLAs at Rs 5 Lakh/month

For Corporators at Rs. 1,00,000/month

For Village Development Officer at Rs. 10,000/month

The spending with these provisions will be
- At the central level -- 785*10L*12 = Rs. 942 Cr. against a projected
revenue of ~Rs. 7,46,651 Cr. = ~0.13 % of the revenue

- At the state level (e.g. Maharashtra)
366*5L*12 = ~Rs. 220 Cr. against a projected revenue of
~Rs. 50,000 Cr. = 0.44 % of the revenue

- At the local corporation level (e.g. Aurangabad)
100*1,00,000*12 = Rs. 12 Cr. against a revenue of ~Rs. 250 Cr.
= 4.8 % of the revenue
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Eradication
of Black
Money
Appropriate
remuneration for
elected representatives
at all levels
Legal provision of funds
for politics at all levels
Provision of funding
for political parties
based on population
Effective funding available
for political parties depends
upon voting percentage
Funding to political
parties based on the
percentage of votes won
Decreased dependence on
corruption and criminals
Assured
clean
funding
Transparency
in politics
Dignity & public
trust restored
Politics
professionalized
as the qualified people
will take it up
Decreases ill-influence
of local parties
in national politics
Political parties
interested
in increasing voting
Politics focused on real
issues
and national interests
Increased
stability of
government
Improved
functioning and
decision making
Increased law
and order
Improved
governance
Empowering
democracy
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A Social security identification (SSID) is issued to every Indian Citizen.

To begin with the beneficiaries of the Social Security Allowance Scheme will be all
adult citizens of India beneath the poverty line.

For every deserving adult, a fixed amount (linked to DA), Social Security
Allowance, is credited per month into a unique bank account linked to the SSID -
Say Rs. 2,000/ pm -- Based on Food (Rs. 900/-) + Shelter (Rs. 500/-) + Clothing
(Rs. 300/-) + Health (Rs. 300/-)

Government will remove all non-merit subsidies thus freeing up revenue to pay
the Social Security Allowance to the deserving citizens

All Social security allowance beneficiaries can get credit of Rs. 50,000/- (upper
limit) from banks

Restrictions to ensure correct usage
- No rights to SSA beneficiaries on income for hereditary property
- SSA amount cant be used as security against any other loan

Uniform implementation throughout the country
Social Security Proposal
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Social Security Proposal
Calculations
In first phase, scheme will be implemented for people below poverty line.

Number of people below poverty line (monthly income below Rs. 300/-)
is 30 Cr

Total monthly expenditure = Rs. 2,000 * 30 Cr = Rs. 60,000 Cr

Total yearly expenditure = Rs. 60,000 Cr * 12 = Rs. 7,20,000 Cr

Excluding current expenditure of Government over subsidies of -
Rs. 1,50,000 Cr, additional yearly expenditure will be -
7,20,000 - 1,50,000 = Rs. 5,70,000 Cr

Considering current national income of Rs. 40,00,000 Cr, this additional
expenditure would be ~15% of national income

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SSA beneficiaries will
not have right on
income from hereditary
property
Bank account
for SSA
(associated
with SS Code)
SSA cant be
used as
security for any
other loan
Unique SS
code for
every
citizen
Maximum Credit
Limit
For SSA beneficiaries
up to say, Rs. 50,000
Withdrawal of
Non-merit
subsidies
(Central and State)
Social Security Allowance
(Say Rs. 2,000 monthly)
(linked to DA)
(Food, clothing, shelter,
health insurance)
Saved Gov. Revenue
Expenditure
Effective
implementation
of child welfare
laws & schemes
Increase in
Purchasing
power of the
poor people
Increased
use of
Banking
system
Credit
available
to the poor
Credit / Capital
expansion
in the banking system
as a whole
Opportunities of
Corruption are
reduced (PDS, fuel
etc.)
Price
distortion
removed
Assured
dignified
existence for
every citizen
Hugely increased
demand
for goods and
services
(Necessities)
Establishment
of Individual
credibility
with bank
Increased Business
/ Employment
opportunities
locally
Farmers
suicide
checked
Decreased Social
Unrest (reduced
Naxalism, terrorism,
extremism, etc.)
Balanced
Development
(Rural and
Urban)
Dissemination
of Population
Social
security
Market driven
quality supply
of goods &
services
Improved
quality of life
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Government Officials
H.E. Smt. Pratibhatai Patil,
Hon. President of India
(Personal meeting twice)
Dr. Montek Singh Ahluwalia,
Deputy Chairman, Planning
Commission (Book)
Dr. Bhalchandra Mungekar,
Member, Planning Commission
(Presentation)
Dr. Parthasarathy Shome,
Ex-Chief Economic Advisor to
the Union Finance Minister
(Presentation North Block)
Dr. Adarsh Kishore Saxena -
Ex-Union Finance Secretary (Presentation in the presence of Smt. Pratibhatai Patil)

Mr. Johny Joseph -
Chief Secretary, Maharashtra (Presentation To CM, Maharashtra )

Mr. Agarwal -
Finance and Planning Secretary, Maharashtra (Presentation To CM, Maharashtra )

Mr. Sangith Rao -
Principal Secretary, Maharashtra (Presentation To CM, Maharashtra )
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Economists & Experts
Dr. D. R. Pendse Dr. Narendra Jadhav M N Chaini
Chandrahas Deshpande

Sunil Bhandare

Jairaj Salgaonkar

V. M. Govilkar
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P B Sawant
Justice Supreme Court
R A Mashelkar
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Political Leaders Congress
Manmohan Singh,
Hon. Prime Minister
(Book)
P. Chidambaram
Union Finance Minister
(Book)
Sushil Kumar Shinde,
Union Power Minister
Pawan Kumar Bansal,
Minister of State for
Finance (Presentation)
Prithviraj Chavan
MOS, PMOs Office
(Meeting)
Vilasrao Deshmukh,
CM, Maharashtra
(Presentation)
V George
P.A. to Smt Sonia Gandhi (Presentation)
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Political Leaders BJP
LK Advani Bhairon Singh
Shekhawat
Yashwant Sinha Arun Shourie Sushma Swaraj
Balbir Punj SS Ahluwalia Rajeev
Chandrashekhar
Nitin Gadkari Gopinath Munde
Sompal Shastri
Vinay
Sahasrabuddhe
Sudheendra
Kulkarni
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Political Leaders Shiv Sena
Mohan Rawle Suresh Prabhu
Political leaders MNS
Raj Thackeray Rajan Shirodkar
Shweta Paralkar

Shishir Shinde
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Political Leaders NCP
Sharad Pawar Jayant Patil
Political leaders CPI
D Raja
Dr. Kango
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Industrialists
Deepak Ghaisas
I-Flex solutions
Narayan Murthy
Infosys
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Arvind Padhye TCS Pune Center Head
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Media Experts
Kumar Ketkar
Loksatta
Raju Parulekar
E TV
Prem Shankar Jha
Hindustan Times
Rajeev Khandekar Star TV

Yamaji Malkar - Sakal
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Creative Artists
Vijay Tendulkar Mangesh Tendulkar Sachin Pilgaonkar Ashok Saraf
Nina Kulkarni
Nivedita Saraf
Mohan Joshi Kiran Shantaram Atul Parchure Prashant Damle
Swapnil Bandodkar
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Educational Institutions
Goa Commerce College

Osmania university
NGOs
Loksatta

Maitri

i-Watch

Prayas (Reli group)
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Terrorism in India
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How we can tackle this problem?
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Poverty
Reduced
Social
Spending
Unemployment
Reduced
Purchasing
Power
Flawed Taxation System
Tax Evasion
Under-utilized
Banking
System
Inadequate
Money Supply
to Economy
Individuals
Credibility not
Established
High Commodity
Prices due to Heavy
Indirect Taxes
Deprivation from
Resources and Means
(Credit) to Acquire Them
No Access
to Credit
Lack of
Education &
Skills
Terrorism Analysis
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Loss of faith in peaceful, democratic process,
no hopes of getting justice without resorting
to violence
Deprivation, Extreme
Disparity, Envy
Poverty
Social Oppression
(Communal / Religious /
Caste / Linguistic etc.)
Sense of Hurt, Damage to
Self Esteem, Indignation
Desperation
Rebellious Tendency
Terrorism Analysis
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Loss of faith in peaceful, democratic process, no hopes of getting justice without resorting
to violence
Religious
Dogma
Terrorism
Perceived
Historical injustice
Political / Economic /
Philosophical ideology
Propaganda for masses,
Indoctrination of
individuals
Birth of a
militant
Public sympathy, Weak
national Character
Lack of clear and firm
Foreign (therefore,
Defense) policy
Physical constraints (Porous borders,
unregulated coastlines)
Parallel economy, Corruption, Fake /
high denomination currency
Logistic support, funding
and training etc from
hostile foreign
organizations / nations
Systemic Administrative
weaknesses in governance
and law enforcement
ArthaKranti
Home
Withdrawal of High Denomination Currency (say above Rs. 50)
ArthaKranti Proposal
Withdrawal of existing Taxation System Completely (except Customs/Import Duties)
Every Transaction routed through a bank will attract a certain deduction in appropriate
percentage as Bank Transaction Tax i.e. Single Point Tax Deducted at Source (say 2 %)
This deduction is to be effected on receiving/credit account only
This deducted amount will be credited to different Government levels like
Central, State and Local (as say 0.7 %, 0.6 % and 0.35 % respectively)
Transacting Bank will also have its share in this deducted amount (say 0.35 %)
as the Bank has a key role to perform
Cash Transactions will not attract any tax
Government should make legal provisions to restrict cash transactions up to a certain
limit (say Rs. 2000)
ArthaKranti
Home
Poverty
Reduced
social
spending
Unemployment
Reduced
purchasing
power
Flawed taxation system
Tax evasion
Under-utilized
banking
system
Inadequate
money supply
to economy
Individuals
credibility not
established
High commodity
prices due to heavy
indirect taxes
Deprivation from
resources and means
(credit) to acquire them
No access
to credit
Lack of
education &
skills
Effects of Proposal
Adequate
revenue with
Government
ArthaKranti
Home
Poverty
Unemployment
Reduced
purchasing
power
Flawed taxation system
Tax evasion
Under-utilized
banking
system
Inadequate
money supply
to economy
Individuals
credibility not
established
High commodity
prices due to heavy
indirect taxes
Deprivation from
resources and means
No access
to credit
Effects of Proposal
No
Black
Money
Single point
taxation system
ArthaKranti
Home
Poverty
Unemployment
Reduced
purchasing
power
Under-utilized
banking
system
Inadequate
money supply
to economy
Individuals
credibility not
established
Deprivation from
resources and means
No access
to credit
Effects of Proposal
Banking
transactions
increased
Individuals
credibility
established
ArthaKranti
Home
Poverty
Unemployment
Reduced
purchasing
power
Deprivation from
resources and means
Effects of Proposal
Industry, trade,
supply
stimulated
Purchasing
power
increased
Cheap & easy
capital
Single point
taxation system
Individuals
credibility
established
ArthaKranti
Home
Effects of proposal
Terrorism
Birth of a
militant
national Character
Foreign (therefore,
Defense) policy
hostile foreign
and law enforcement
Adequate
revenue with
Government
Individuals
credibility
established
Single point
taxation
system
No
Black
Money
Purchasing
power
increased
Poverty
Industry,
trade, supply
stimulated
ArthaKranti
Home
Effects of Proposal
Terrorism
Birth of a
militant
national Character
Foreign (therefore,
Defense) policy
hostile foreign
and law enforcement
Adequate
revenue with
Government
Individuals
credibility
established
Single point
taxation
system
No
Black
Money
Purchasing
power
increased
Social
Security
Industry,
trade, supply
stimulated
Empowered
Government
ArthaKranti
Home
ArthaKranti
Home

Arthakranti

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Arthakranti

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ArthaKranti

A design towards Principled, Prosperous & Peaceful living

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