ArthaKranti

A design towards Principled, Prosperous & Peaceful living Home

1/7/23
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Presentation Animations Statistics

Vision
Social Reality
Economic Reality
Current Reality Loops
Economic Currency
Local Industry Vision Social Reality Calculations
Reality Denomination
Credit Cycle

Internal Borrowings

Banking System

Disinvestment
Credit Credit Direct &
Anti-Social Industries FDI Bank Money
Expansion Establishment Indirect Taxes
High Denomination
Currency
Farmers’ Suicides

Proposal
Effects of Proposal
Revenue after Commodity
Strategy Flawed Taxation Proposal Appeal BTT Prices
System
Appeal

Linked Proposals
Empowering Democracy
Social Security Scheme Proposed Future
Terrorism Analysis System Reality Strategy
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Vision

Vasudhaiv
Kutumbakam

Capital One
Formation Economy

Revenue for
Effective
Governance
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Fiscal Deficit on Local Industry

Unemployment Social
Insecurities

Uncompetitive Reduced Rural

Local Industry / Purchasing
Trade Power

Policies Local Agriculture

Influenced by Rendered
Foreign Interests Uncompetitive

Poor Subsidies
Attract FDI
Infrastructure Curbed

Fiscal Deficit
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Fiscal Deficit on Credit Cycle & Government Revenue

Uncompetitive Deficit Fiscal

Unemployment Local Industry / Inflation
Budget Deficit
Trade

Social Hard Credit

Insecurities Policy

Purchasing
Conservative Power
Lending Reduced
Inadequate
NPAs Tax Revenue
Increase to Govt.

Inadequate
Low Demand
Capital Supply to
/ Recession
Economy

GDP Growth
Slows Down
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Internal Borrowings on Fiscal Deficit

Internal
Borrowings

Spent on Non- Fiscal

Developmental
Deficit
Activities

Inadequate Tax
Revenue to Govt.

GDP Growth
Slows Down
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Fiscal Policy & External Borrowings

on Credit Policy & Banking System

Threat to Local National Policies External

Banking System Influenced Borrowings

Expensive
Fiscal
Capital Deficit

Lending Rates Bank Interest Tax Rebate + High

Increase Rates Interest Rates on
Increase Savings
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Fiscal Deficit on Disinvestment Policies & Reduced Social Spending

Fiscal Pressure to Threat to

Disinvestment Organized
Deficit
Employment

Reduced Social
Spending Govt. Control Lost in
Essential
Commodities [e.g.
Public - Private Oil, Medicines etc.]
Partnership
e.g. Toll

Scope for Market

Cost Burden Exploitation
Passed onto
Common Man

Purchasing Severe Impact on Social

Power Reduced Weaker Sections Insecurities
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Fiscal Deficit on Anti-Social Industries

Increased Congestion, Social

Accidents, Pollution Insecurities

Promoting Increased Direct Ill

use of Oil  Effects on
Automobiles Public Health

Lack of
Increase in oil infrastructure / Promotion of Promotion of
Import Losses public amenities Liquor, Gutkha, State Run Lottery
(Subsidies) (e.g. public transport Cigarettes Schemes
system)

Fiscal Inadvertent Promotion of

Deficit Anti-Social Industries
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects on Taxation System & High Denomination Currency

Uncompetitive Social
Local Insecurities
Industry /
Trade Fiscal
Deficit Poor
Governance

GDP Growth Inadequate Tax Parallel Corruption

Slows Down Revenue to Govt. Economy
High
Input
Costs
Tinkering of Black Non Traceable
Inadequate Taxation System Money Transactions
Capital Expensive
Supply to Capital
Economy
Flawed Taxation Tax Ease of Cash
Hard Credit System Evasion Transactions
Policy

Poor Credit / Less Use Large

Excessive Fiscal
Capital of Banking Denomination Inflation
Seigniorage Deficit
Formation System Notes
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Fiscal Deficit on Credit Cycle & Farmers’ Suicides

Farmers’ Social Unrest

Suicides

Unjust Borrowings Deficit Fiscal

Inflation
from Private Sources Budget Deficit

Low Credit Supply Hard Credit

to Agriculture Policy

Individual’s Credibility Poor Credit /

NOT Established Capital Formation

Less Use of
Banking System
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Flawed Taxation System

Narrow Base and Limited Coverage of Direct Taxation

Direct to Indirect Tax Ratio is 44:56 Show Statistics

Inequitable and hence Regressive Show

Non-Productive Show

Uncertain Show

Inelastic Show

Uneconomical Show

Complex nature of taxes Show

Tax laws open for interpretation Show

How should it be… Show

 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Currency Denomination

Per Capita Highest Per Capita Income /

Country
Income Denomination Highest Denomination

USA $ 53,000 $ 100 530

UK 25,000 £ 50 £ 500

Japan 50,00,000 ¥ 10,000 ¥ 500

India Rs. 90,000 Rs. 1,000 90

Currency Denomination Distribution

 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Credit
Establishment

Less Use of
Banking System
Obstructs Credit
Registration of a lot
of Citizens in the
National Economy
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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

Cash Transactions will not attract any tax

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.
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of ArthaKranti Proposal Adequate

Revenue to
Government

Tax Revenue
Adequate
Increases by Orders
Revenue to Govt.
of Magnitude Show

Increase in
Banking
Transactions

High Value Cash

Transactions
Not Practical

Legal Provision Made

High Denomination Existing Cash
Bank Transaction Tax Restricting Cash Transactions
Currency is Removed Deposited in Banks &
(Say 2%) up to a Certain Limit
(Say above Rs. 50) Attracts BTT
(Say Rs. 2000)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of ArthaKranti Proposal Adequate Anti-Social and Anti-

Revenue to National Elements
Government Effectively Checked

Anti-Social and Anti-

Black Money
National Elements
Eliminated
Effectively Checked

Opportunities
for Corruption
Eliminated

Tax Collection Fake Currency

is Simplified Eliminated

Legal Provision Made

High Denomination Existing Cash
Bank Transaction Tax Restricting Cash Transactions
Currency is Removed Deposited in Banks &
(Say 2%) up to a Certain Limit
(Say above Rs. 50) Attracts BTT
(Say Rs. 2000)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of ArthaKranti Proposal Adequate Anti-Social and Anti- Industry

Revenue to National Elements Trade, Supply
Government Effectively Checked Stimulated

Industry Trade, Purchasing

Market Demand
Supply Power of Society
Boosted
Stimulated Increased

Increase in Cheap and Easy

Banking Capital
Transactions

Net Banking Globally

Part of BTT Competitive
Revenue
goes to Banks Interest Rates
Increases

Legal Provision Made

High Denomination Existing Cash
Bank Transaction Tax Restricting Cash Transactions
Currency is Removed Deposited in Banks &
(Say 2%) up to a Certain Limit
(Say above Rs. 50) Attracts BTT
(Say Rs. 2000)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
Anti-social and anti-
Effects of ArthaKranti Proposal Adequate Anti-Social and Anti- Industry
national elements
Revenue to National Elements Trade, checked
effectively Supply
Government Effectively Checked Stimulated

Purchasing
Cheap and Easy
Power of Society
Capital
Increases

Prices Market Demand

Drop Boosted
Show

Commodities and Focus Shifted to Industry Trade,

Services are FREED Innovation from Supply
from Tax Influence Tax Manipulation Stimulated

Legal Provision Made

High Denomination Existing Cash
Bank Transaction Tax Restricting Cash Transactions
Currency is Removed Deposited in Banks &
(Say 2%) up to a Certain Limit
(Say above Rs. 50) Attracts BTT
(Say Rs. 2000)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of ArthaKranti Proposal Adequate Anti-Social and Anti- Industry

Revenue to National Elements Trade, Supply
Government Effectively Checked Stimulated

Industry Trade,
Money Supply
Supply
Regulated
Stimulated

Adequate SLR
Revenue to Revised
Govt.

Tax Revenue Black Money is

Increases by Orders Converted into
of Magnitude White

Legal Provision Made

High Denomination Existing Cash
Bank Transaction Tax Restricting Cash Transactions
Currency is Removed Deposited in Banks &
(Say 2%) up to a Certain Limit
(Say above Rs. 50) Attracts BTT
(Say Rs. 2000)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of ArthaKranti Proposal

Anti-Social and Anti- Social Industry Trade,

National Elements
Employment
Security Supply
Effectively Checked Opportunities
Restored Stimulated

Empowered Effective Cleansed Black Money

Government Governance Political System Eliminated

Fiscal Budgetary Globally

Govt. Debts
Deficit Provision for Competent
Checked
Recovered Political System Agro-Segment

Adequate Appropriate
Revenue to Govt. subsidies

Legal Provision Made

High Denomination Existing Cash
Bank Transaction Tax Restricting Cash Transactions
Currency is Removed Deposited in Banks &
(Say 2%) up to a Certain Limit
(Say above Rs. 50) Attracts BTT
(Say Rs. 2000)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Increased Anti-Social and Anti- Decentralized

National Elements Elimination of
Purchasing Revenue
Effectively Checked Black Money
Power Collection System

Building
Social Security
Individual’s
Scheme
Credibility

Cheap and Easy

Credit
EMPOWERED Industry,
Trade, Supply
Availability
INDIA Stimulated

Revenue for Tax Burden

Banking Reduced with BTT

Budgetary Creativity FREED Elimination of Adequate

Provision for from Tax Means & Motives Revenue to run
Political System Manipulation for Corruption Govt. Programs

Legal Provision Made

High Denomination Existing Cash
Bank Transaction Tax Restricting Cash Transactions
Currency is Removed Deposited in Banks &
(Say 2%) up to a Certain Limit
(Say above Rs. 50) Attracts BTT
(Say Rs. 2000)
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Jai Hind!
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Distribution of Central Government’s Back

Direct & Indirect Tax Revenues
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Distribution of State Governments’ Back

Direct & Indirect Tax Revenues
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Distribution of Central & State Governments’ Back

Combined Direct & Indirect Tax Revenues
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Distribution of Central & State Governments’ Back

Combined Direct & Indirect Tax Revenues for the Year 2013-14
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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Comparison of Currency Denomination Distribution: Indian Rupee & U. S. Dollar

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.
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Credit Expansion through Banking System

Primary Loans / Derivate

Banks Cash Reserves
Deposits Deposits

A 20001 200 18002

B 1800 180 1620

C 1620 162 1458

D 1458 145 1313

E 1313 131 1182

Eventually 20,000 2000 18,0003

1 - Original Primary Deposit

2 - Original Excess Reserves
3 - Total Capital Formation through Credit Expansion with Original Primary Deposit of Rs. 2000
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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Analysis of Commodity Prices

Taxes Sales Price Sales Price

Product MFG Cost
After AK BTT

Cement
~ 186 ~ 84 ~ 270 ~ 190
Bag

Motor
~ 33,900 ~ 15,500 ~ 49,400 ~ 34,600
Bike*1

Petrol ~ 51
~ 50 / Liter ~ 23 / Liter ~ 73 / Liter
(Delhi)

Petrol ~ 80 / Liter ~ 51
~ 50 / Liter ~ 30 / Liter
(Pune)

Diesel ~ 44 / Liter ~ 11 / Liter ~ 55 / Liter ~ 50

(Delhi)

Diesel ~ 17 / Liter ~ 61 / Liter ~ 50

~ 44 / Liter
(Pune)

*1: Hero Honda Passion Plus, Pune All Figures in Indian Rupees
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Sample Calculations
Narrow Money (Transaction Money) (M1) = Currency Money + Demand Deposits
For Year 2015-
2016: Currency Money = 16,60,000
Demand Deposits = 10,00,000
Narrow Money (M1) = 26,60,000

Assuming 20 % of M1 to be active in Daily Bank Transactions,

Amount of Money in Daily Bank Transactions (D1) = 5,32,000
Amount of Money in Yearly Bank Transactions (Y1)
= D1*300 = 5,32,000 *300 (65 Days of Bank Holidays) = 15,96,00,000
Considering Bank Transaction Tax Rate as say 2 % 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
= 15,96,00,000 * 0.013
= 20,74,800 = ~ 20,75,000

Revenue of Central Government (0.7 %) = ~ 11,17,000

Revenue of State Governments (0.6 %) = ~ 9,58,000
Revenue of Local Governments (0.35 %) = ~ 5,59,000
Revenue for Banks (0.35 %) = ~ 5,59,000
All Figures in Crore Rupees
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Dependency on FDI
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Dependency on FDI

China

India
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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All Figures in Crore Rupees

 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

The ArthaKranti
National Reform Bill
Implementation

The ArthaKranti Members of The Citizens

Doctrine Parliament Charter of Demand

Political Leaders Business

& Parties Leaders Experts Media

Show Show Show Show

Advertising
Campaign

ArthaKranti Public The Indian

Pratishthan Presentation Citizen

Media Tools
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Empowering Democracy

• 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
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Empowering Democracy Back

Calculations
• At the Central Level:
– Total provision for the entire population for the period of 5 years -
125 Crores * 100 (per Person Amount) = Rs. 12,500 Crores
– Provision per year – Rs. 2,500 Crores

• Actual funding will depend on the total percentage of votes cast

• The Total Amount available in proportion to a total valid percentage of
votes - Say 60 %
– Amount available for 5 year period = 12,500 * 60/100 = 7,500 Crores
– Amount available per year = 7,500/5 = 1,500 Crores

• At the State Level:

– State Population = say 10 Crores
– Funds’ Provision for 5 year period
= 10 Crores * Rs. 100 = Rs. 1,000 Crores

• At the Local Level:

– Population of an urban area = say 10 Lakh
– Funds’ Provision for 5 year period = 10 L * Rs. 100 = Rs. 10 Crores
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Empowering Democracy Back

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 Crores against a
projected revenue of ~ Rs. 8,00,000 Crores = ~ 0.12 % of the revenue

- At the State Level (e.g. Maharashtra) –

366*5L*12 = ~ Rs. 220 Crores against a projected revenue of
~ Rs. 1,00,000 Crores = 0.22 % of the revenue

- At the Local (Corporation) Level (e.g. Aurangabad) –

100*1,00,000*12 = Rs. 12 Crores against a revenue of ~ Rs. 250
Crores = 4.8 % of the revenue
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Empowering
Improved democracy
governance

Increased law Improved Increased Politics focused on real

and order functioning and stability of issues
decision making government and national interests

Decreases ill-influence
Politics Political parties
professionalized interested
of local parties
as the qualified people Dignity & public in increasing voting
in national politics
trust restored
will take it up

Funding to political
Transparency parties based on the
in politics percentage of votes won

Decreased dependence on Assured Effective funding available

clean for political parties depends
corruption and criminals funding upon voting percentage

Appropriate
Eradication remuneration for Provision of funding
Legal provision of funds for political parties
of Black elected representatives for politics at all levels based on population
Money at all levels
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Jai Hind!
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Social Security Proposal

• 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 can’t be used as security against any other loan

• Uniform implementation throughout the country

 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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 Crores

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

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

• Excluding current expenditure of Government over subsidies of - Rs.

1,50,000 Crores, additional yearly expenditure will be -
7,20,000 - 1,50,000 = Rs. 5,70,000 Crores

• Considering current national income of Rs. 40,00,000 Crores, this

additional expenditure would be ~ 15 % of national income
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Improved
Social quality of life
security Balanced
Development
Dissemination Opportunities of
(Rural and Market driven
of Population Corruption are
Urban) quality supply
reduced (PDS, fuel
etc.) of goods &
Decreased Social
services
Unrest (reduced
Increased Business Credit / Capital
Naxalism, terrorism,
/ Employment expansion
extremism, etc.) Price
opportunities in the banking system
locally distortion
as a whole removed
Farmers’
suicide Hugely increased
checked Increase in Increased Establishment
demand Purchasing use of of Individual
for goods and power of the Banking credibility
services poor people system with bank
(Necessities)
Assured
dignified
existence for Credit
every citizen Social Security Allowance
available
(Say Rs. 2,000 monthly)
to the poor
Effective (linked to DA)
Saved Gov. Revenue
implementation (Food, clothing, shelter,
Expenditure
of child welfare health insurance)
laws & schemes

SSA beneficiaries will SSA can’t be Bank account Unique SS Maximum Credit Withdrawal of
not have right on used as for SSA code for Limit Non-merit
income from hereditary security for any (associated every For SSA beneficiaries subsidies
property other loan with SS Code) citizen up to say, Rs. 50,000 (Central and State)
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Jai Hind!
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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Government Officials

H.E. Smt. Pratibhatai Patil, Dr. Montek Singh Ahluwalia, Dr. Bhalchandra Mungekar,
Hon. President of India Deputy Chairman, Planning Member, Planning Commission
(Personal meeting twice) Commission (Book) (Presentation)

• 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 )
Dr. Parthasarathy Shome,
Ex-Chief Economic Advisor to • Mr. Sangith Rao -
the Union Finance Minister Principal Secretary, Maharashtra (Presentation To CM, Maharashtra )
(Presentation North Block)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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Economists & Experts

Dr. D. R. Pendse Dr. Narendra Jadhav P B Sawant M N Chaini

Justice – Supreme Court

• Chandrahas Deshpande

• Sunil Bhandare

• Jairaj Salgaonkar

• V. M. Govilkar

R A Mashelkar
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A design towards Principled, Prosperous & Peaceful living Home

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Political Leaders Congress

Manmohan Singh, P. Chidambaram Sushil Kumar Shinde, Prithviraj Chavan

Hon. Prime Minister Union Finance Minister Union Power Minister MOS, PMO’s Office
(Book) (Book) (Meeting)

• V George
P.A. to Smt Sonia Gandhi (Presentation)

Pawan Kumar Bansal, Vilasrao Deshmukh,

Minister of State for CM, Maharashtra
Finance (Presentation) (Presentation)
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A design towards Principled, Prosperous & Peaceful living Home

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Political Leaders BJP

LK Advani Bhairon Singh Yashwant Sinha Arun Shourie Sushma Swaraj

Shekhawat

Balbir Punj SS Ahluwalia Gopinath Munde Nitin Gadkari Rajeev

Chandrashekhar

Sompal Shastri Vinay Sudheendra

Sahasrabuddhe Kulkarni
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A design towards Principled, Prosperous & Peaceful living Home

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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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A design towards Principled, Prosperous & Peaceful living Home

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Political Leaders NCP

Sharad Pawar Jayant Patil

Political leaders CPI

D Raja

• Dr. Kango
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A design towards Principled, Prosperous & Peaceful living Home

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Industrialists

Deepak Ghaisas Narayan Murthy

I-Flex solutions Infosys

• Arvind Padhye – TCS Pune – Center Head

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A design towards Principled, Prosperous & Peaceful living Home

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Media Experts

Kumar Ketkar Raju Parulekar Prem Shankar Jha

Loksatta E TV Hindustan Times

• Rajeev Khandekar – Star TV

• Yamaji Malkar - Sakal

 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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Creative Artists

Vijay Tendulkar Mangesh Tendulkar Sachin Pilgaonkar Ashok Saraf Nivedita Saraf

Nina Kulkarni Mohan Joshi Kiran Shantaram Atul Parchure Prashant Damle

Swapnil Bandodkar
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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Educational Institutions

• Goa Commerce College

• Osmania university

NGOs

• Loksatta

• Maitri

• i-Watch

• Prayas (Reli group)

ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Terrorism in India
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
 ArthaKranti
How we can tackle this problem?Home
A design towards Principled, Prosperous & Peaceful living
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Terrorism Analysis

Reduced Lack of Reduced

Social Education & Unemployment Purchasing
Spending Skills Power

Flawed Taxation System High Commodity

Prices due to Heavy
Indirect Taxes

Tax Evasion No Access

to Credit

Under-utilized Individual’s Deprivation – from

Banking Credibility not Resources and Means
System Established (Credit) to Acquire Them

Inadequate
Money Supply
to Economy Poverty
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Terrorism Analysis

Loss of faith in peaceful, democratic process,

no hopes of getting ‘justice’ without resorting
to violence

Desperation Rebellious Tendency

Deprivation, Extreme Sense of Hurt, Damage to

Disparity, Envy Self Esteem, Indignation

Social Oppression
Poverty (Communal / Religious /
Caste / Linguistic etc.)
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Physical constraints (Porous borders, Parallel economy, Corruption, Fake /

unregulated coastlines) high denomination currency

Logistic support, funding

Lack of clear and firm
and training etc from
Foreign (therefore,
hostile foreign
Defense) policy
Terrorism organizations / nations

Public sympathy, Weak Systemic Administrative

national Character weaknesses in governance
and law enforcement
Birth of a
militant

Propaganda for masses,

Indoctrination of
individuals

Religious Perceived Political / Economic /

Dogma Historical injustice Philosophical ideology

Loss of faith in peaceful, democratic process, no hopes of getting ‘justice’ without resorting
to violence
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

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

Withdrawal of High Denomination Currency (say above Rs. 50)

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
A design towards Principled, Prosperous & Peaceful living Home

Effects of Proposal

Reduced Lack of Reduced

social education & Unemployment purchasing
spending skills power

Flawed taxation system High commodity

prices due to heavy
indirect taxes

Tax evasion No access

to credit

Under-utilized Individual’s Deprivation – from

banking credibility not resources and means
system established (credit) to acquire them

Inadequate
Adequate
money supply
to economy
revenue with
Government
Poverty
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Proposal

Reduced
Unemployment purchasing
power

Flawed taxation system High commodity

prices due to heavy
indirect taxes

Tax evasion No access

to credit

Under-utilized Individual’s Deprivation – from

banking credibility not resources and means
system established (credit) to acquire them

Inadequate
No
money supply
to economy
Single point
taxation system
Black
Money
Poverty
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Proposal

Individuals Banking Reduced

credibility transactions Unemployment purchasing
established increased power

No access
to credit

Under-utilized Individual’s Deprivation – from

banking credibility not resources and means
system established (credit) to acquire them

Inadequate
money supply
to economy Poverty
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Proposal

Industry, trade, Reduced

supply Unemployment purchasing
stimulated power

Individuals
Cheap & easy Single point credibility
capital taxation system established

Deprivation – from
resources and means
(credit) to acquire them
Purchasing
power
increased

Poverty
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of proposal

Physical constraints (Porous borders, Parallel economy, Corruption, Fake /

unregulated coastlines) high denomination currency

Logistic support, funding

Lack of clear and firm
and training etc from
Foreign (therefore,
hostile foreign
Defense) policy
Terrorism organizations / nations

Public sympathy, Weak Systemic Administrative

national Character weaknesses in governance
and law enforcement
Birth of a
militant

Poverty

Adequate Individuals Single point No Purchasing Industry,

revenue with credibility taxation Black power trade, supply
Government established system Money increased stimulated
 ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Effects of Proposal

Physical constraints (Porous borders, Parallel economy, Corruption, Fake /

unregulated coastlines) high denomination currency

Logistic support, funding

Lack of clear and firm
and training etc from
Foreign (therefore,
hostile foreign
Defense) policy
Terrorism organizations / nations

Public sympathy, Weak Systemic Administrative

national Character weaknesses in governance
and law enforcement
Birth of a
militant

Social Empowered
Security Government

Adequate Individuals Single point No Purchasing Industry,

revenue with credibility taxation Black power trade, supply
Government established system Money increased stimulated
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home
ArthaKranti
A design towards Principled, Prosperous & Peaceful living Home

Jai Hind!