My Thoughts

   Curtains are about to draw on Demonetisation  exercise, though remonetisation will still need considerable time to be completed. In my opinion, while demonetization  was a good idea, it could have been planned and implemented better. The objectives set to be achieved with demonetisation  were u topian . The only achievable objective of this exercise should have been elimination of fake currency and may be instil  fear in the minds of corrupt. It was possible to eliminate counterfeit currency in the denomination of five hundred and thousand rupees, in case the currency was exchanged with due deliberation and counter checking at all levels. However, the demonetised  currency has been deposited in the banks in a rush, as also possibly in a hush-hush manner, especially where it has been deposited and exchanged by banks via backdoor  as being reported all over the media. There is a possibility that counterfeit currency may also have been exchang...

  Meaning of Citizen   The word 'citizen means a native or naturalized member of a state or nation who owes allegiance to its government and is entitled to its protection as distinguished  from an alien. It also means an inhabitant of a city or town, especially one entitled to its privileges or franchises. Sometimes this word is also used in a narrow sense to mean a civilian, as distinguished from a soldier, police officer etc. Rights and Privileges  A citizen enjoys a number of privileges and fundamental rights merely by being a member of a nation, state or society. It is therefore natural that he has certain reciprocal obligations towards the society, nation or state that guarantees him these rights and privileges. These obligations are the fundamental duties or high ideals that must be followed by every citizen. Duties of Citizens The proposed duties of the citizens are:-   National   A citizen must cherish and follow the ...

United Kingdom held a referendum on 23 Jun 2016 and voted to leave the European Union (EU). The next day, it was confirmed that 51.9% of British population had voted in favour of leaving the Union. This decision taken through a simple majority, wherein 48.1% had voted to maintain status quo, shook the international financial world.    The EU is a politico-economic bloc of 28 member states that are located in Europe and has an estimated population of over 508 million. The Union is founded on the principles of respect for human dignity, liberty, democracy, equality, rule of law and human rights including the rights of persons belonging to minorities. The EU traces its origins from the European Coal and Steel Community and the European Economic Community, formed in 1951 and 1958, respectively. The community grew in size and power with the joining of new member states and addition of policy areas. The Maastricht Treaty established the EU in 1993 and introduced European citiz...