1. Letters to the editor

Letters to the editor

The government's decision to invite suggestions from public to ban or regulate bitcoin transactions appears whimsical.

By: | New Delhi | Published: May 27, 2017 3:35 AM

 

MODI, Modi government, BJP, acche din, Demonetisation Today marks the third anniversary of the Modi government. Typically, the BJP paints a rosy picture of its rule. But no sign of acche din (good days) is visible on the ground.

There is no MODI to celebrate
Today marks the third anniversary of the Modi government. Typically, the BJP paints a rosy picture of its rule. But no sign of acche din (good days) is visible on the ground. May be, three years is too short a time span to beat the system and fulfil the promise. Demonetisation—a hare-brained scheme, if anything—that hurt the economy and deprived the low-income groups of the livelihoods is hailed as a major achievement of the government. Possibly, the government may come up with more sensible schemes to bring some cheer in the remaining portion of its term. Impoverished people are not too happy with its performance for the MODI fest to resonate with them. Saharanpur violence, Jharkhand killings and the situation in Kashmir do not create an upbeat atmosphere for the anniversary bash. If the election slogan, “sabka saath, sabka vikas” was received three years ago with credulity, the new catchy slogan,’’Saath hai, vishwas hai, horaha vikas hai” is now received with scepticism. There is now a growing awareness that empty promises do not mitigate poverty or improve the quality of life. The bread-and butter issues were drowned in the noise of nationalism and the overt assertion of Hindutva.
— G David Milton, Maruthancode (Tamil Nadu)

A new Bit of currency
The government’s decision to invite suggestions from public to ban or regulate bitcoin transactions appears whimsical. There is no need to be so panicky to either ban or regulate Bitcoin digital currency. A slow initial starter, Bitcoin is now openly traded as world’s first digital currency having a perceived value. As the system is operational only through banks, it needs to be encouraged and should not be toughly regulated with loosely operated rules and regulations or banned. In fact, Bitcoin should be legalised in India
— A. Sathyanarayana, New Delhi

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