DO WE NEED A ROBIN HOOD TO ENRICH THE INDIAN HAVE-NOTS?

Posted on 09/03/2023

One fine morning, an idea came into our minds that the loots of Indian wealth can be stopped by following a peculiar “Robin Hood approach” (henceforth RHA). Before revealing the RHA, we have to point out the money-laundering cases by the fugitives, the burden of external plus internal debt, political donations, terror-funding etc.

Andrea: Unhappy is the land that breeds no hero!

Galileo:No, Andrea….unhappy is the land that needs a hero.

Life of Galileo, Bertolt Brecht

PROBLEM 1: We have found that 50+ superrich wilful defaulters are roaming scot free in the foreign lands.

Banks Technically Write Off Over Rs 68,000 Cr Loans, Choksi  Among 50 Top Wilful Defaulters: RTI  VIEW HERE⤡  (As reported on 28th April, 2020 ©News 18)

38 wilful defaulters including Nirav Modi, Vijay Mallya fled India in last 5 years VIEW HERE ⤡ (As reported on 15th September, 2020 ©India Today)

Top 100 wilful defaulters owe lenders Rs 84,632 crore VIEW HERE ⤡ (As reported on 9th February, 2021 ©Economic Times)

Top 50 wilful defaulters in India owe Rs 92,570 crore to banks: MoS Karad VIEW HERE ⤡ (As reported on 20^th December, 2022 ©Business Standard)

Here Is the List of Top-50 Wilful Bank Defaulters; Bad Debts of Rs10.09 Lakh Crore Written Off in Past 5 Years, Says Govt VIEW HERE ⤡ (As reported on 23^rd December, 2022 ©Moneylife)

SOLUTION: If we were part of the government, our first task would have been to capture them through Interpol and recover their assets with Interpol’s help alone. Internally, we must cease their assets, movable and immovable, and distribute them back to the public. Polarized concentration of wealth should be done away with altogether.

Why is the Interpol not taking steps against the Indian super-rich willful defaulters listed under the red notice? VIEW HERE ⤡

@RBI @RBIsays @DasShaktikanta @nsitharamanoffc @nsitharaman @FinMinIndia @narendramodi @BJP4India #Seize_Cronies_Fairplay_for_DHFL_Victims #Down_With_Saffron_Fascism #dissent_against_saffron_fascism pic.twitter.com/ZCIqHPuSvj

— Once in a Blue Moon Academia (@obma2022) January 30, 2023

PROBLEM 2: The common people do not have access to the PM CARES fund and Electoral Bonds’ audit books. The black money has become white through the process of donating to these two funds. The present ruling party’s assets know no bounds. The figures are astonishingly astronomical and quite beyond the grasp of the common mass imagination. No RTI can be filed to know the name of the donor(s) and recipients in any of these cases.

BJP’s Declared Assets Increased By 627% in 10 Years: ADR Report VIEW HERE ⤡ (as reported on October 17 2017 © BloombergQuint)

BJP highest earner in FY19 at Rs 2,410 crore; TMC’s income spikes 3,628%  VIEW HERE ⤡(as reported on January 16, 2020 © BusinessToday)

BJP’s assets increased by 22% in 2017-18, Congress’ down by 15%: ADR VIEW HERE ⤡ (as reported on 01 Aug 2019 © Economic Times)

Amit Shah’s Son Delayed Filings, His Total Income Rose By 15000% From 2014-19: Report   VIEW HERE ⤡ (As reported on 5 Nov 2019 ©The Logical Indian)

Amit Shah’s son’s ₹6 crore company got credit facility worth ₹97 crore, says Congress VIEW HERE ⤡ (As reported on 11 Aug 2018, ©National Herald)

BJP accounts for nearly 70% of assets declared by national parties: ADR report VIEW HERE ⤡ (As reported on 28^th January, 2022 ©The Hindu)

BJP India’s Richest Political Party In 2019-20, Congress Slipped To Third: Report VIEW HERE ⤡ (As reported on 28^th January, 2022 ©abp Live)

Delhi BJP councillors declare up to 300% jump in assets: ADR report VIEW HERE ⤡ (As reported on 30^th November, 2022 ©Moneycontrol)

SOLUTION: However, as we are the government, we would not be as opaque as our present ruling party. The debited money will be gathered together by capturing all the political parties who are claimed to be “non-public authorities”! As we are heading towards partyless democracy, we must dismantle the vertical structure of the parties in this case.

PROBLEM 3: Though in the Financial Budget tabled by the Government is showing the expenditure in the defense budget is only 16% to 17%, however, they do not take into consideration the entities like RND for defense, cut money for buying weapons (shadow economy, e.g., Bofors, Rafael, Coffin scam etc.), as well as transportation costs of arms and ammunition. Almost 70% of the budget, as shown by late Prof. Ashok Mitra, is spent in the defense sector alone.

SOLUTION: In this case, we will launch the Project Mahendra-Sanghamitra (or alternatively, Project Mahinda-Sanghamitta⤡ ⤡) for stopping the war industry, following the Buddhist ideology of ahimsa. We can then pool in that money-signifier for the expansion of health, education and climate.

The Russell-Einstein Manifesto VIEW HERE ⤡

PROBLEM 4: Everyone knows that gambling in its myriad forms (e.g., horse-racing, satta, and above all— the ambit of the share market) is one of the processes for money-making and the administration supports it to satisfy their itching palms.

SOLUTION: All these activities, whether it falls under shadow economy or not, will be banned. Through the Project “Occupy Dalal Street”, the share market will be shut down with the goal to achieve the moneyless society.

Occupy Dalal Street protest a hit on Web, flops on ground VIEW HERE ⤡ (As reported on 4th November, 2011 ©mint)

PROBLEM 5: Carrying out large-scale, mega-development by taking huge amount of loans from the WB-IMF-WTO Trio that disturbs the environmental equilibrium. This “debt industry” comes with certain conditions: the installation of puppet dictators to run the grand design of the neoliberal autocracy. By controlling the debt, the trio controls virtually everything.

India’s huge current national and external debt can be viewed through the following URL:

INDIA’S DEBT CLOCK VIEW HERE ⤡

SOLUTION: Sustainable Retreat from the developmental paradigm as subscribed by the Trio that inevitably leads to the climate emergency and the rise of far-rightist autocrats. Non-hierarchical horizontal mutual aid in human and non-human transactions should become the cherished end.

[Dear Readers, you may find paradoxes in the above problems and solutions that have been offered for the time being. The major crisis is that, ‘recovering money and then negating money’. We need enough time to recover money of the subaltern and then wither away money-signifier.]

CONCLUSION: To eradicate the problems once and for all, the call for a local resource-based, small-scale, self-reliant, decentralized, low-energy-efficient, moneyless, partyless and participatory network of small cooperative village communities is to be made clear across the different spheres of Indian politics.

“Imagine there’s no heaven, it’s easy if you try

No hell below us, above us only sky

Imagine all the people living for today…

Imagine there’s no countries, it isn’t hard to do

Nothing to kill or die for, and no religion too

Imagine all the people living life in peace…

Imagine no possessions, I wonder if you can

No need for greed or hunger – a brotherhood of man

Imagine all the people sharing all the world…

You may say I’m a dreamer, but I’m not the only one

I hope someday you’ll join us and the world will live as one!”