Kiran Shah

Mechanical Engineer and a Technology fan

[Kiran Shah @kiranpritee]

@nitin_gadkari @narendramodi Fantastic. Charge UPI users and give it away to non-tax payers. Well done!!!

[Kiran Shah @kiranpritee]

Almost all good initiatives are being so killed by the bureaucracy and regulators. Look at what has happened to mdr on UPI. Just to target only 4% of transactions, they have vitiated the entire ecosystem. And perpetuated the cash economy as well, which they like to patronise for obvious reasons. With this mindset, we will never be VIKSIT. Not in 2047 nor in any other year. @narendramodi @nsitharaman

[Kiran Shah @kiranpritee]

@BJP4India Why not subsidise the cost? Why??

[Kiran Shah @kiranpritee]

@FinMinIndia @nsitharamanoffc @DFS_India @NPCI_NPCI @DDNewslive @airnewsalerts @PIB_India @MIB_India @CBC_MIB Shit!!!!!

[Kiran Shah @kiranpritee]

@SubramanianKri Stop them in the tracks, sir. They are out to ruin everything.

[Kiran Shah @kiranpritee]

If so, why levy MDR at all? The government is running a huge subsidy bill running into lakhs of crores. Can it not pick up this tab of a few thousand crores? Will it go broke? Target incumbent subsidies to the deserving and save huge money there, bear this so called MDR costs. It is peanuts. Levying of MDR runs the risk of encouraging cash transactions. Not a judicious choice. @narendramodi

[Kiran Shah @kiranpritee]

@narendramodi @nsitharaman this is as bad as it can get. You guys haven’t got the gumption to take on the ills of shadow economy. Alas!! Source:%20Reuters https://t.co/BppS1nbQTm

[Kiran Shah @kiranpritee]

@narendramodi @nsitharaman this is the most retrograde step being taken by YOUR government. Instead of reducing cash transactions, this step will encourage them. Does it not cost the government to print currency notes and mint coins? Does not the government give huge leaky subsidies for sustenance of poverty? Why can’t the government bear the transaction costs in this case?
Government may allow fees on UPI payment above Rs 2,000 https://t.co/BF8Z81o2l7

[Kiran Shah @kiranpritee]

@dev_fadnavis Nath Pai road and BPT road towards Atal Setu. I’m very bad condition. ⁦@mybmc

[Kiran Shah @kiranpritee]

@narendramodi please pay heed. Cutting costs and taxes is the way.

[Escuela Austriaca de Economía 🇦🇷 @DiegoMac227]

"Por ejemplo, yo iba con una motosierra y dije que iba a bajar el gasto público. Y de hecho, bajé el gasto público en términos reales, 30%. Es más, decían que el primer año yo iba a alcanzar el equilibrio fiscal y decían que era una locura, que ni de casualidad iba a poder hacerlo a lo largo de todo el mandato, y lo logramos en el primer mes. A los seis meses cerramos el déficit cuasi fiscal. Con lo cual hicimos un ajuste de 15 puntos del PBI en seis meses. Y a eso, además, bajamos tres puntos de impuestos, algo que no hizo nadie en la Argentina. Bajamos cerca de 20 impuestos y le devolvimos a los argentinos tres puntos del PBI. Eso implicó devolverle a los argentinos 100.000 millones de dólares. Por eso la pobreza en la frecuencia mensual, cuando sinceramos las variables, fue del 57% y hoy está en el 29%. Es decir, sacamos 28 puntos porcentuales de la población de la pobreza. Es decir, sacamos 14 millones de argentinos de la pobreza."

[Kiran Shah @kiranpritee]

@elonmusk Super Cool!!

[Kiran Shah @kiranpritee]

@CAronitpereira "If all 2,906 tonnes of gold imported over the last four years were held today, their current market value would be approximately $382 billion (₹36.6 lakh crore)"
where did this duffer get his figures from?

[Kiran Shah @kiranpritee]

@rahulkanwal The timeline animation is absolutely contradicting what you are saying. What kind of nonsensical conclusion is this?

[Kiran Shah @kiranpritee]

Thank you professor for your reply. My point is that Rs 500 denominations are largely used in bundles for carrying out cash and illicit transactions. We can immediately bring a halt to such transactions by restricting the largest denomination at Rs 50, as these will be very cumbersome to carry.

[Kiran Shah @kiranpritee]

@narendramodi sir. The coterie around you and the corrupt bureaucracy will discourage you in many more things. Please stay true to your pre PMship stand of government having no business in business. Get out of all sectors apart from Defence, Foreign relations and maintaining law and preset and quick contract enforcement and justice. Leave all else to the private sector.

[Kiran Shah @kiranpritee]

@narendramodi sir. Please make amends before it is too late. I can tell from personal experience, that it feels futile to make more efforts to earn more money, when a substatial chunk of what you earn extra goes away in giving freebies and towards corruption. It hurts. Genuinely. And more so, when you see people around you, earning much more than you, dealing in cash, evading taxes and living a rich life. They know they will be able to game the system because the system allows them to, aided in large measure, corruption in governance.

[Mike Netter @nettermike]

A college economics professor stated that he had once failed an entire class. That class insisted that socialism is functional and that no one should be poor and no one rich, that everyone is equal...

The teacher told them, "OK, we will do an experiment on socialism in this group.

All grades will be averaged, and everyone will get the same grade, so no one will fail and no one will get a 10."

After the first test, the grades were added up and divided by the number of students, and everyone got an 8.

The students who studied intensively were upset, but those who studied less were overjoyed.

As the second test approached, the students who had studied a little learned even less, and those who had studied more intensively told themselves that they also wanted a "handout", so they also studied less.

The average of the second test was 6.

When the third test was given, the average score was 4. To the great surprise of all the students, they all failed.

The teacher told them that socialism will eventually fail because when half the population sees that they cannot work, because the other half will take care of them, and when the half that worked realizes that there is no point in working anymore, because others are the beneficiaries of their labor, then that is the end of any nation
The story may be a fable not a fact but the moral is real
Get it?

[Kiran Shah @kiranpritee]

@narendramodi ji. Lessons to be learnt. https://t.co/UCArj3MA2K

[Kiran Shah @kiranpritee]

@narendramodi sir, I submit humbly that a nation which cannot make decent motor-able roads in and around it’s frontier city cannot dream of वीक्षितता . The crumbling of roads in and around Mumbai reeks of huge corruption and ineptitude. @mybmc @Dev_Fadnavis

[Kiran Shah @kiranpritee]

@sanjeevsanyal Grid level battery energy storage systems are a must, along with wind power and nuclear.