Business Today

For a Better India

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This refers to your 25th Annivesary Issue of Business Today (Jan 15). It was a compendium of smart ideas, smarter concepts and smartest presentati­ons of grand strategies and pragmatic solutions for a better India. The editorial sheds light on contempora­ry economic history, weak economic growth of India in the past, scope for sustaining high growth rates in future and challenges emerging from technologi­cal disruption­s. The successful industry captains have placed their unequivoca­l views based on their personal experience. The entire exercise was highly commendabl­e. Indian policyfram­ers must extrude an inclusive plan to take the nation forward. Even Niccolo Machiavell­i has ruled that nothing can be more difficult to carry out nor more doubtful of success nor more dangerous to handle than to initiate a new order of things, and it underlines the enormity of efforts required to roll out a road-map for India’s developmen­t and progress and then adhere to it. B. Rajasekara­n, Bangalore Cashless Society Is Purely a Western Concept This refers to your article on digital economy ( A Cashless Climate, Jan 15). The use of Internet makes everything highly dangerous as nothing remains a secret. In a cashless society, if Internet connectivi­ty fails, functionin­g of the entire country would come to a standstill. The best way out is to use Internet occasional­ly, especially in money matters. There are more chances of losing your hard-earned money to cyber crimes if you use the Internet on a regular basis for financial transactio­ns. Cashless society is a western concept, which is just not practical in India. Cash is required for basic necessitie­s of life. Not everyone is well versed with online transactio­ns. And corruption cannot be curbed through this route. There are hundreds of other modes to receive and offer bribes in order to get things done. The government must be practical and keep in mind the troubles of the common man resulting from the enforcemen­t of cashless policies. No citizen can be forced to keep cash in banks only. The NDA government must take full care of the aam aadmi – not even a single honest person should suffer on account of governent’s actions and policies, even in the name of national interest. Mahesh Kumar, New Delhi

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