Showing posts with label Black Money. Show all posts
Showing posts with label Black Money. Show all posts

23 October 2013

God Don't Need No Money

The Buddha and his Buddhism I know about and I believe in doesn't talk about money, it doesn't talk about buying blessing with money, it doesn't talk about greed for blessing, it doesn't talk about blind faith, and it doesn't talk about cleansing of sin just by bathing, offering or praying. It is all about selfless sacrifices we make for others, freeing from greed and attachment, and contentment with what we have. But looks like we have made Buddha into a business model.

I am not a faithless man but what is happening in Thimphu at RAPA hall is a religious circus where they make mockery of holy relics, which they know is a magical commerce. When religion opens a shop, there is no need for advertisement and nobody bargains. About 16,000 people kept aside their sleep and hunger to see the relics and throw in their money with prayers and wishes.

Image from BBS.bt
When I look at the wild crowd of pilgrims there I see greed, greed for blessing. Everybody wants to selfishly get in the front and everybody wants to be blessed first and more. They throw in money as if blessing is up for sale, and bigger the amount they throw more satisfaction they get with the selfish feeling that they will be blessed more.

On the other hand, there was Health Walk organised to raise money for Health Trust Fund, which is the money that will sustain our free health service but how many of us contributed? How many of us contributed without criticizing the move as political stunt? Our country is in difficult economic state and if there is anybody who needs money at this time its our country, not God, God don't need money.

Image from Kuensel
Rupee shortage has been bothering us since last year, which hugely inflated food prices and also was the very cause of vehicle import ban. In such times we have to put in collective effort to reduce rupee expenditure to stabilize the balance of trade but the millions of ngultrum we collectively threw at RAPA hall in the name of God will be converted to rupee and flown back to India on top of the huge fee we paid them to bring the relics to Bhutan. God didn't take the money, it was taken to India.

When will we understand that God is impartial; God won't bless those who came there more than those who didn't come, and those who paid more than those who paid less. When you will understand that you cannot bribe god for blessing, of all the things in the world god don't need money.

20 April 2012

Trade Fair in Bajothang- Irresponsibly Bhutanese

The Trade Fair in Bajothang ended yesterday, which began on 13 April. There were over forty Indian stalls with skilled salespersons, who won't get tired of demonstrating how their product works like 'magic'. But by the last second day these Indians were swearing they will never come in Wangdue again because the business wasn't good. They even started giving heavy discounts, yet the turnout was poor. On the other hand, Bhutanese were all waiting for the last day to come, they heard the story from Thimphu trade fair that Indians give heavy discount on the last day. 
Traffic Jam in my Parking
The final day saw the biggest crowd gathering in Bajothang, which surprised even the Indians. They were desperate for last few days and they knew their chance has come to hit hard. There was a sudden price hike and Bhutanese paid more for their foolishness. By the evening yesterday Bhutanese were more desperate to get the 'last piece' than to bargain, and I am sure it was bumper sale.
By today evening these Indians will leave the country and I don't think they will walk out with Ngultrum. If our country was suffering from rupee crisis then from today we will suffer little more. As if the economy draining in border towns weren't enough, Bhutan Chamber of Commerce and Industry (BCCI) created a big leak in Bajothang to drain our Bhutanese money. It was a strange insult to rupee injury by an organization who should have been more responsible than the rest of us in such times.
Before the trade fair the business in Bajothang town was good enough to sustain itself but now things have changed. The trade fair diverted costumer from every corner to the Bajothang school football ground and therefore leaving the town empty. Business was already shaky in the town and now it will sure break because most of the people have already spent more they have earned in the fair. It was a great betrayal by BCCI who was supposed to work "toward 'Bhutanese' private sector development" landed up developing Indian private businessman. 
And Before the trade fair people were content with what they had at home and all they had to spend on were grocery items but now people have defied the words of our Prime Minister who had said, “We have to remember the lessons we have learned and work towards it; hopefully we will now change our habits of spending unnecessarily.” In fact the trade fair fairly changed our habits of spending; people bought new gas stove when they already have one, they bought big sofa for their small rooms, they bought more carpets than they have rooms, they bought chopping machines when they don't have enough to chop with their knife, they bought plenty of unbreakable buckets as if they are going to fight with buckets, they have bought blankets for next winter, they bought shaver when nobody shaves at home, they were feasting on chicken drumstick at a price which could buy a whole chicken,... would all these happen if BCCI didn't bring these Indians here? What positive changes did it bring to people who have already emptied their bank accounts on things they may not need at all? How would BCCI justify trade fair to our Prime Minister who was urging people to "change the habits of spending unnecessarily"?
Just a few days back The Bhutanese reported that "BCCI study shows that government spending is main cause of rupee crisis" which was contradicting the findings by the government task force. PaSsu Diary on the other hands finds the BCCI and their numerous trade fairs responsible for the leakage of excessive Bhutanese money into Indian pockets and that too unnecessarily.

19 March 2012

What More is Terrorism?

Fake Nu.1000 notes.(source: BBS)
In such times, when the country is struggling to survive a financial crisis, how could our own people assist outsiders in printing and distributing counterfeit Ngultrum notes (on BBS)?  I am saying outsiders because Bhutan can't have such printers. What more is terrorism to a country? This can't be the first time these brothers are doing this, and they may not be the only Bhutanese men involved it.
The sixteen Nu.1000 notes may be just a part of a bigger plot and these men must take police to the root of the fake money. It's our national luck, as always, that the activity was discovered before it could affect much. However, there could be many other innocent victims that may be known by tomorrow following this timely news on BBS.
For now, we must double check every Nu.1000 note that comes in and goes out of our pocket to be sure.

18 March 2012

Black Money Heaven

It's funny that black money is not black in color, it can be of any color but obtained illegally or undeclared to authorities, and therefore untaxed. During the BBS discussion on rupee crunch the Governor of Royal Monetary Authority explained why it all happened. The man was straightforward to the extend of declaring everybody as ignorant and irresponsible. Of course, everybody know who's been irresponsible.
What was so disturbing was the figures he shared of our import and export. Going by the record he mentioned Bhutan is a rich country with export far exceeding import, and record he had was our national record, which means import figure is insanely understated. Nu. 25 Million is so much we imported? Later on Twitter I got to know from some learned Bhutanese that we import 9 Billion worth of fuel, forget all the other things. Now it's simple maths to solve and see how much money is unaccounted for. When unaccounted, it is untaxed and that's black money.
For the population of ours, and the economy health, so much black money is outrageously too much, and so far neither authorities made any stringent law to stop black money nor we thought it would impact this big, thus Bhutan was the heaven of Black Money. If every import was declared and taxed we would have never reached here. And now I am worried if there is anybody who knows how to get out of this mess.