CONTEMPORARY GLOBAL CHALLENGES and TECHNOLOGY SOLUTIONS.©️
How to tackle Contemporary Global Challenges such as Poverty
due to Lack of Jobs, Corruption/Black Money, Heavy Duties and
Taxes, Proliferation of Terrorism, Distortion of Cyber Security /
Privacy; all in one go, with few simple Technology Solutions and
Ideas, some first of its kind.
Abraham Paul. P. 15 February 2019 Short link: wp.me/p1ZsI2-1eJ
This proposal is about Quickly Developing and Implementing a meaningful ‘Minimum Income Guarantee’ #MIG in the lines of Universal Basic Income #UBI, ensuring say Rs.100/day for about 40% of the Population (that include those in current #BPL) and replacing MNREGA,#FSB and scrapping the problem prone ‘Public Distribution System’ #PDS and stoppage of all other Freebies, Loan Wavers, Economic status based reservations etc., once for all.
Of course, a meaningful Implementation of the Minimum Income Guarantee like that will need an estimated Financial Resource of about Rs.18 LCr annually. Huge!!, almost near to India’s current year Annual Budget Outlay. (Rs.100/day and 40% Population taken here are hypothetical figures for explanatory purpose; that can vary according to needs from time to time.
To cover 67% of population currently under the Food Security Bill #FSB the resource required will be about Rs.30 Trillion annually.)
Could be done, and this is the only way to turn any Government and the Political Parties People Friendly and win Elections.
Please see my Presentation on ‘Global Challenges and Technology Solutions’ by clicking on the caption below
This can be realized by using a fairly simple Technology solution as
explained in a presentation I made years back in many forums.
‘Power and Perils of Money Going Virtual’ in the link
wp.me/p1ZsI2-M6 and ‘ Universally Governments Operate Money
ascommodity’ #UGOMAC an idea first of its kind, in the
link wp.me/p1ZsI2-11j that can take care of the following
contemporary Global Challenges of which providing Jobs or other
sources of income for the livelihoods of all the needy ones is the
prime challenge everywhere.
Creating Jobs is a slow process that India missed to focus; so now
will take many more years to happen. See what I published in April
THE BITTER PILLS FOR INDIA REPRIEVE, most of it are still valid.
Meanwhile providing the needy a meaningful Minimum Income till
then; is the right way to tackle the problem of Poverty in which
current Support from Governments is grossly inadequate.
The five Contemporary Global Challenges.
Due to lack of enough Jobs for the needy.
Need to provide relief to those in the lower economic strata to possible extent by ensuring mutually supportive ‘Universal Basic Income’ #UIB with a scaled down version as a Minimum Income Guarantee #MIG until suitable Jobs or other occupations for the livelihood for all can be found.
2. Corruption / Black Money.
The few Rich amass wealth with Corrupt practices and hoarding of Black Money are widening the economic gap between Rich and Poor and tackling it is another Global Challenge.
3. Heavy Duties and Tax burden.
Government need money. Current Central Budget Expenditure outlay divided by India’s Population is less than Rs.40 per day that is less than the BPLindex. What sort of development it can do is anybody’s guess. However, imposing too many Duties and Direct & Indirect Taxes by Governments for its Revenue generation cause hardships to Common People. It is like giving by one hand and taking by other.
Bringing in a TAX Free Regime using the Technology solution explained herein is the way to alleviate Economic burden on common people, to overcome one of the Challenges of the day.
4. Proliferation of Terrorism.
This is spread with Monitory support from the original perpetrators of different sorts from near and far. Bringing in place a 24/7 system that can Monitor, identify and prevent Money flow into wrong hands for wrong purposes, is the one and only sure shot solution to effectively restrain Proliferation of Terrorism.
5. CYBER SECURITY and PRIVACY.
Ensuring Cyber Security is Vital in everything DIGITAL and in every ICN/ICT Digital Dialogues and also for tacking other Global Challenges. Disruption of Cyber Security impact PRIVACY that in turn impact every thing else and hence become a major Global Challenge.
Tackling disruption of Cyber Security will also help to save Telecom Businesses, primarily a Service Industry, committed to take care of one of the Vital Essential Services accessible to all sorts of People at affordable cost, at the verge of collapse; World over. wp.me/p1ZsI2-12v & wp.me/p1ZsI2-Es
One Technology Solution for most of the above.
Astonishingly, one Simple Technology solution can address and
overcome all the above challenges. I have been writing on these and many Technical Talks & Presentations, for over a decade.
If the Government is sincere about these; ‘Minimum IncomeGuarantee’
#MIG and else, it shall straight away work on this, by creating a
Prototype Beta system with the help of the many experts India
have like Shri. Nandan Nilekani (*1 Credit with Salutes).
Also Credits and salutes *3 to Shri. Raghuram Rajan, Ex. Governor RBI, for
approving few Exclusive PAYMENT BANKS that rightly included the
Post Office Banking Network.
As mentioned before, finding the Resource to implement this People Friendly Program can be generated with my idea, a first of its kind, “Universally Government Operate Money as Commodity.’
Not convinced? Then look closely, that is exactly what all those #FinTerch Companies operating on Prepaid mode are doing now. wp.me/p1ZsI2-Ku
The idea in nutshell. Universally Government Operate Money as Commodity. #UGOMAC
Please see my blog: wp.me/p1ZsI2-11j
About Rs. 3600 Trillion change hands annually in India. By Government of India making Reserve Bank of India the Owner, Custodian, Operator, Controller and Regulator of all forms of Money in Virtual form and enable its transaction only through their System and fully redundant and Networked Servers across the Country and Charge a small percentage on the amount of Money transacted can generate enough revenue for the needs of the Government. For example a transaction charge of 2% can generate Rs. 72 Trillion annually, that can take care of whatever I had suggested and more, #MIG, Make India a TAX Free Nation, for adding infrastructure, creating jobs, and sharing with States.
As the system is parameter driven, the rate of transaction charge, whom to charge and what to charge, when to change and how much etc. can be pre-programmed and changed with few Computer Clicks as required, any time. Idea is important, Nuts and Bolts can be added by thousands out there.
Can be done, provided Government act fast to create and test it out and own implement it soon, lest it will end up like the many promises of Political Parties in 2014 Election time. Less Sound Bytes and more Action in doing what is promised, shall be the motto of Government and Political heads handling it.
In fact the only hurdle anticipated is the anti mind set of the People in the high echelons of Society who amass wealth in dubious means and the Political lot who won’t like bringing in Transparency in its immense Political Funding that has become the curse of our form of Democracy.
My papers on these are available in Amazon Kindle and papaulsblog.wordpress.com for anyone to take and use.
By Abraham Paul P. Freelance ICN/ICT Consultant.
Credits: *1. Shri Nandan Nilekani with salutes for helping to create Aadhaar the Indian UUID for DBT (wp.me/p1ZsI2-9m & wp.me/p1ZsI2-ue)
*2. National Payment Corporation of India NPCI for creating BHIM and Consortium of Banks to roll it out. (wp.me/p1ZsI2-4g)
*3. Shri.Raghuram Rajan with salutes for approving Exclusive Payment Banks (wp.me/p1ZsI2-C7)
Abraham Paul. P. FIE, FIETE.
Freelance ICT/ICN Consultant. Ex. Owner Futuregroups FCOMNET, India & UAE/ Vice President Technical Sales, SIEMENS SPCNL / Director Trg, SC & TS SIEMENS ICN RHQ, Dubai / G M & SMT TBG, BPL MOBILE INDIA/ TES (A) DOT INDIA.
Freelance ICN/ICT Consultant. Tweet @pa_paul Blog: papaulsblog.wordpress.com