Showing posts from 2017


Universal Basic Income

Experts Say Universal Basic Income Would Boost US Economy by Staggering $2.5 Trillion a $2.48 trillion increase in the nation's GDP after eight years of UBI. ....... In recent months, everyone from Elon Musk to Sir Richard Branson has come out in favor of universal basic income (UBI), a system in which every person receives a regular payment simply for being alive. ......... a “basic income” of $1,000 per month given to every adult, a “base income” of $500 per month given to every adult, and a “child allowance” of $250 per month for every child. The researchers concluded that the larger the sum, the more significant the positive economic impact. ...... the $1,000 basic income would grow the economy by 12.56 percent over the course of eight years ........ the researchers assumed that the UBI in the U.S. would be funded by increasing the federal deficit

Demonetization: A Year Later

How India Is Moving Toward a Digital-First Economy On November 8, 2016, India’s government did something that no other government had attempted before at the same scale: It decided to remove 86% of the country’s currency notes by value from circulation. Over the months that followed, more than 1 billion people participated in a “reboot” of the country’s financial and monetary system. .......... a threshold moment in India’s digital transformation. .......... a government payment system created in 2016 that was processing 100,000 transactions per month in October of that year, prior to the sudden demonetization. A year later, after demonetization, the same system is processing 76 million transactions per month. ........ the country’s economy is operating with $45 billion less cash than it did prior to demonization ......... the largest-scale tax reform ever implemented at a single time: the replacement of a complex web of 17 different taxes with a single Goods and Services Tax (GST…

Binge Watching Two Seasons Of Quantico

Yudh - Episode 19 - 13th August 2014 - Amitabh Bachchan via @YouTube — Paramendra Bhagat (@paramendra) November 7, 2017

Binge Watching Two Seasons Of Quantico
The Big News Is PriyankaToo Much Reliance On Unexpected Plot TwistsThe Setting Is A Concrete MessageCultural And Gender Diversity Is Social Sci-FiGunning For A Global Audience From The Get GoTV: A Medium All Its OwnWither Hollywood?Season 1 Dramatic End: Well HandledThe SegwayDemocracy's Propaganda?What Next?Season 2 Vs Season 1 Vs Season 3The Trio: Alex, Shelby, Raina/NimahCritiqueQuantico

I have binge-watched a few others as well: House Of Cards, 24, Amitabh Bachchan's Yudh. And Quantico is of comparable quality. It too is gripping. But this is not a movie on TV, it is just a different format. A marathon is not just a longer race. It is a different flavor, a different animal altogether. I can't imagine a movie Quantico. But I can imagine a gaming experience Quantico. The show relies heavily o…

Priyanka Chopra's Mother


Women Wage Peace

Afghanistan, Pakistan

The key to solving the puzzle of Afghanistan is Pakistan Why, after 14 years of American military efforts, is Afghanistan still so fragile? The country has a democratically elected government widely viewed as legitimate. Poll after poll suggests that the Taliban are unpopular. The Afghan army fights fiercely and loyally. And yet, the Taliban always come back. ......... Mansour lives part time in Quetta, the New York Times reports, “in an enclave where he and some other Taliban leaders . . . have built homes.” His predecessor, Mohammad Omar, we now know, died a while ago in Karachi. And of course, we remember that Osama bin Laden lived for many years in a compound in Abbottabad. All three of these cities are in Pakistan. ........ the insurgency against that government is shaped, aided and armed from across the border by one of the world’s most powerful armies. ...... It is fundamental, and unless it is confronted, the Taliban will never be defeated. It is an old adage that no counte…

The North Korea Question

Trump’s policy toward North Korea is founded on false assumptions that the Supreme Leader, Kim Jong-un, will give up his nuclear weapons, that China can save the day and that military options are real...... a war here would be not just a regional disaster but a nuclear cataclysm. ....... the American military estimated back in 1994 that another Korean war would cause one million casualties and $1 trillion in damage. Today, with the possibility of an exchange of nuclear weapons, the toll could be far greater: One recent study suggested that if North Korea detonated nuclear weapons over Tokyo and Seoul, deaths in those two cities alone could exceed two million........ both sides are fearful of appearing weak and are trying to intimidate the other with military bluster, but that each would prefer a peaceful resolution — yet doesn’t know how to get there politically. How about Trump and Kim holding summit talks Reagan Gorbachev style? That is better than the military option that is not …

भारत १५% कर सकता है

जब अमरिका बेलायत जैसे देश समृद्ध हुवे तो उस समय उनके लिए ५% तो क्या ३% भी बहुत हुवा करता था। शताब्दी लगाते थे। समय तो कोइ गिन नहीं रहा था। जब चीन ने १९९० में छलांग मारने की सोंची तो उसने १०% कर दिखाया। न कोइ रिसेशन न कुछ। दशकों तक १०% । लेकिन भारत आज ६% पर है तो सब तौबा तौबा कर रहे हैं। एक समय आएगा जब भारत १०% कर रहा होगा। लेकिन वो १०% भी कम मानो। भारत १५% कर सकता है। Complete digitization, total electrification, absolutely clean energy, total transparency.— Paramendra Bhagat (@paramendra) September 30, 2017

Modi's 2019: Contested And Won Already

New economy for new India: Fundamental changes put in place— Paramendra Bhagat (@paramendra) September 28, 2017जयंत सिन्हा ने दिया अपने पिता यशवंत सिन्हा को जवाब -— Paramendra Bhagat (@paramendra) September 28, 2017Finance Minister Arun Jaitley defends demonetisation & GST, trashes slowdown talk— Paramendra Bhagat (@paramendra) September 28, 2017Arun Jaitley reminds Yashwant Sinha, Chidambaram of their own track record as finance minister— Paramendra Bhagat (@paramendra) September 28, 2017PM Narendra Modi 'singularly responsible' for damage to economy: Anand Sharma via @economictimes— Paramendra Bhagat (@paramendra) September 28, 201726 of 27 Congress MLAs shun Sonia-appointed Bihar chief - Times of India via @timesofindia— Paramendra Bhagat (@paramendra) September 28, 2017Moving Fast and Breaking Things, a Saudi Prince Tests His Pu…

Skipping Traditional Infrastructure In Rwanda

Delivery Drones Are Saving Lives in Rwanda and Tanzania | Backchannel via @backchnnl— Paramendra Bhagat (@paramendra) September 19, 2017

Indians skipped landline phones. They went straight to mobile phones. Now looks like Rwanda is going straight to drones, skipping roads and bridges. “Countries like Rwanda can make decisions fast and can implement new technologies in concert with new regulations fast, so we’re now in a position where the US is trying to follow Rwanda,” says Keller Rinaudo, CEO and co-founder of Zipline. “They’re not trying to catch up to US infrastructure. They’re just leapfrogging roads and trucks and motorcycles and going to a new type of infrastructure.”

In early 2018, Zipline will officially kick off the world’s largest delivery drone service in Tanzania, Rwanda’s much larger neighbor. The Tanzanian government aims to use Zipline’s delivery drones to make up to 2,000 deliveries of medical supplies per day. Those deliveries of supplies…

Priyanka Chopra's Unique Position To Influence

PC, having straddled the two biggest movie industries on the planet (by production volume and dollar volume) - Mumbai and Hollywood - is uniquely placed to influence how men and women see women.

Bruce Lee did not start out wanting to make movies. He was a martial arts innovator. But he got into movies because he figured that was the best way to reach out and teach the largest possible number of people. He was right. 
She acts, but also has her own production house. And she sure cares. 

She knows marketing Indian style, she knows marketing American style, and she knows marketing Chinese style. Her much anticipated Baywatch movie did so so in the US but earned major dollars in China.

मेरी प्यारी भान्जी/भगिनी विसीता। छठा महिना शुरू। I am the primary caretaker. मा बाप वापस नेपाल चले गए न। इसके नहीं, मेरे। बाल कलाकार बनेगी ये। बडी़ acting करती रहती है। दो सेकेन्ड में मुड change. #nofilter A post shared by Paramendra Kumar Bhagat (@paramendra) on Aug 6, 2017 at 7:57pm PDT
I love to cook, tim…

बिजली, पानी, इंटरनेट और Access To Credit

सबसे जोड़ access to credit पर होना चाहिए। जिसको अमरिका में small business sector कहा जाता है और इंडिया में जिसे informal sector कह के dismiss कर दिया जाता है, भारतके अर्थतन्त्रका सबसे महत्वपुर्ण हिस्सा वही तो है। Job creation होगा तो उसी सेक्टर में होगा नहीं तो नहीं।

आधार revolutionary चीज है। Biometric ID से रास्ते खुलते हैं। विश्वके प्रत्येक व्यक्ति तक इसे पहुँचाना होगा। छोटेमोटे प्रत्येक बिजनेसकी रजिस्ट्रेशन उतना ही आसान कर दो। प्रत्येक चायवाला लोन ले सके ऐसा कर दो। Job creation आप हो जाएगी। Small business सेक्टर को एक पांच साल का टैक्स holiday ही दे दो। नहीं तो taxman के डर से बिना कारण बहुतों रजिस्ट्रेशन ही ना करबायें। और बगैर रजिस्ट्रेशन के वो बैंकिंग सेक्टर से जुड़ सकते नहीं। Demonetization का एक बड़ा फायदा ये हुवा कि जो बहुत पैसा बैंक में न था वो अब सब बैंकों में जमा हो गया है। मोदी FDI के लिए दर दर भटक रहे थे। पुँजी घर के भितर ही पड़ा था काफी। Now the banks can lend more. उतना ही नहीं बैंको पर प्रेशर बढ़ गया है। लोगों को बिजनेस लोन नहीं देंगे तो कैसे होगा? बैंक में जमा किया गया प…

Modi's Remarkable Political Maneuvers Are Nobel Peace Prize Size

Of all the heads of state on the world stage right now, Modi is the most remarkable. He promises to be the economic Gandhi of India, the Deng Xiaoping, the Lee Kuan Yew. None of the three - the Mahatma, Deng, or Lee - had to contest elections like Modi has to. And it is not just every five or four years. In India a France size election is just round the corner all the time.In that sense India is not just the largest democracy. It is a perpetual democracy. 
The true test of political leadership is if you can get the people to make short term sacrifice for long term gain, and Modi seems to have managed to do it. His grand moves of demonetization and the GST ("good and simple tax" in his words) might have dragged the growth rate down from a high of 7.9% to a still impressive 5.7% but without demonetization and the GST perhaps India could not have aspired for a growth rate of 10% or more. Now it can. 
But Modi does not have the luxury of time. The growth rate has to now go past…

The World Needs To Move Towards A World Government

The debate if the 21st century will continue to be an American century, or if it will become an Asian century is moot. This is not even going to be an Internet century. The Blockchain will prove bigger than the Internet, and bigger still technological trends are right around the corner. The nation state itself is about to be shown its place. It is high time the world moved towards creating a world government. One person one vote has to be the basic premise.

Third Culture Kid (TCK) Barack Obama is best positioned to be George Washington to the world. He was born to a Kenyan in Hawaii, he grew up in Indonesia as a kid, he was America's first black president, and he did a decent job of steering America after a Great Depression like economic event. His Obamacare was so well placed, the opposition party, despite having all three branches of government at its disposal, has not been able to dislodge it, despite having opposed it non stop right from its enactment.

India leads on the bi…