CONTEMPORARY GLOBAL CHALLENGES and TECHNOLOGY SOLUTIONS.©️
How to tackle Contemporary Global Challenges such as:
Poverty due to Lack of Jobs, Corruption / Black Money, Heavy Duties and Taxes, Proliferation of Terrorism, Distortion of Cyber Security / Privacy; all in one go, with few amazingly simple Technology Solutions and Ideas, some first of its kind.
15 February 2019
Short link: wp.me/p1ZsI2-1eJ
(P.S. Blog site primary address changed to http://www.papaulsbog.wordpress.com)
1. This proposal is basically about ‘ Quickly Developing and Implementing’ a Meaningful ‘Minimum Income Guarantee’ (#MIG) in the lines of Universal Basic Income #UBI, ensuring hypothetically eg. say, Rs.100/day/person for about 40% of the Population (inclusive of those currently in Below Poverty Line #BPL) by Direct Benefit Transfer method (#DBI) scrapping MGNREGA, provisions in #FSB and the problem prone ‘Public Distribution System’ #PDS and stoppage of all other Freebies, Loan Wavers, Economic Status based reservations etc., once for all.
‘Of course, Implementation of a meaningful ‘Minimum Income Guarantee’ like that will need an estimated additional Financial Resource of about Rs.18 LCr (18 Trillion) annually, huge of course, almost near to India’s current Annual Budget Outlay. (Rs.100/day and 40% Population taken here are hypothetical figures for explanatory purpose; that can vary according to needs, from time to time.)
To extend it to 67% of population in current ‘Food Security Bill’ #FSB, the Financial resource required will be about Rs.30 Trillion, annually.
Please see my Article and a Presentation on ‘Contemporary Global Challenges and Technology Solutions’ kindly organised by Institution of Engineers India, Thiruvananthapuram Charter, a year back, by clicking on the caption below:
Global Challenges and Technology Solutions
2. As explained therein, and in other presentations I made years back in many forums: ‘Power and Perils of Money Going Virtual’ in the link: wp.me/p1ZsI2-M6 and wp.me/p1ZsI2-XG and ‘Universally Governments Operate Money As Commodity’ #UGOMAC an idea first of its kind, that many countries are now looking, is in the link: wp.me/p1ZsI2-11j that can take care of the following Contemporary Global Challenges of which, providing Jobs or other sources of income in lieu of it, as a the minimum means of livelihoods of all needy ones in the Country is the prime challenge everywhere; even in the Developed Nations.
3. Nonetheless, Creation of Jobs is a slow process depending on many other factors that India missed to focus on time; and therefore, will take many more years to happen.
Please see a paper I published before the General Election in April 2004. most of its contents are still valid and hope some of our Political leaders will have a look at it. ‘THE BITTER PILLS FOR INDIA REPRIEVE’. wp.me/p1ZsI2-5I
Meanwhile, providing the needy ones sort of ‘Universal Basic Income’ #UBI till then, is one of the ways to tackle the problem of Poverty in which current support from Governments are grossly inadequate.
4. The Five Contemporary Global Challenges.
4. 1. Poverty. Due to lack of enough Jobs or other means that are needed for the minimum livelihood of the huge number of needy ones across the Country.
There is an urgent need to provide relief to those in the lower economic strata to possible extent World over by ensuring mutually supportive ‘Universal Basic Income’ #UBI with a scaled down version as a meaningful ‘Minimum Income Guarantee’ #MIG until suitable Jobs or other Occupations for the Livelihood can be found for all those in the country.
4.2. Corruption and Black Money.
The few Rich across the world amass most part of the wealth, some in rightful means and many with Corrupt practices and hoarding of Black Money are widening the economic gap between Rich and Poor and tackling it is another Global Challenge.
4.2.1 Further, this Technology based idea can be used as a means help to get rid of the curse of currently experienced influence of ‘Money in Politics’ that kill the Democratic process in the Country.
4.3. Heavy burden of ‘Duties and Taxes’
The Indian situation; Current Central Budget Expenditure outlay divided by India’s Population is less than Rs.40 per day / Person which is less than the current BPLindex. What sort of development that can do in the Country with it is anybody’s guess.
However, Governments need Money, but imposing too many Duties and Direct & Indirect Taxes by Governments for its Revenue generation cause hardships to Common People as it is like giving by one hand and taking away by other.
Making India a ‘TAX Free Regime’ may be a dreamlike process; using the Technology solution explained herein is the way to alleviate Economic burden on Common people, and therefore, considered as one of the Global Challenges of the day.
4.4. Restraining Proliferation of Terrorism.
One of the reasons of proliferation of Terrorism is the Monitory support from the original perpetuators at the back end of different sorts, from far and near. Bringing in place a 24/7 on line system that can Monitor, Identify and Prevent unusual excess Money flow into wrong hands andused for wrong purposes like Drug peddling etc., for wrong purposes, is the one and only sure shot solution to effectively restrain Proliferation of Terrorism and hence has become a Global Challenges to reckon with.
4.5. CYBER SECURITY and PRIVACY.
Ensuring Cyber Security in everything ‘DIGITAL’ and in every ICN/ICT Dialogues and Discourses by everyone everywhere and the Governments, which is also a Global challenge and also vital for tackling other Global Challenges.
Disruption of Cyber Security impact PRIVACY that in turn impact everything else and hence becoming a perennial problem in the digital space everywhere.
5. Net Neutrality Vs Cyber Security.
‘PRIVACY IS DEAD; LONG LIVE PRIVACY.’
About the urgent need of exclusive INDIA CLOUDS and indigenous made and managed Cloud Computing Network, Systems and processes. Please see a paper published my me in the link: wp.me/p1ZsI2-ES
As future WARS will not be with Guns & Bombs but in the Cyber space, dependency on imported Technology Systems & Open networks are becoming problematic. Biological warfare also global threats on mankind.
However, Indigenous manufacture and usage of new Technology systems #Atmanirbhar Bharat remain mostly meaningless Rhetoric. Basically any responsible Government should have its own Communication Systems and Networks in Exclusive non-tamperable I-CLOUDS.
5.1. Tackling disruption of Cyber Security will also help to save ‘Telecom Businesses, which are Primarily a Service Industry, committed to take care of one of the Vital Essential Services accessible to all sorts of People at affordable cost and are now at the verge of collapse World over due to he infringement by OTTs that use Systems, Network and its Customer base of TELCOS with no adequate revenue share in return. wp.me/p1ZsI2-12v
It is therefore, crucial for the Government to protect and upkeep BSNL by diversifying into a Government operated #FinTech business tie up with POST OFFICE Banking system to effectively use its extra baggage of Work force and assets and real estate all over the country. (DOT India had one among the best Telecom Technocrats in the World.)
More importantly, Private TELCOS cannot be depended for providing its Service available, accessible and affordable to the huge population in the loss making Systems and networks in Rural and Remote areas for full realisation of ‘Digital India’.
And it is therefore, I had been propagating for long that why Government Policies on Telecom shall be People Centric; not Money Centric. Handing over TELECOM SERVICE fully to Private Companies will have disastrous consequences.
5.2. The danger of private #FINTECH Companies dealing with VIRTUAL MONEY Money.
In addition to above, the fast mushrooming Private #FINTECH Companies that swallow huge portion of real Money released by Government, the Liquidity in the Money market and in the Banking industry, and convert it into unauthorised Virtual Moneys of sorts of their own make, killing Nations Economic stability.
6. How Technology Solutions can help to resolve the contemporary global challenges.
Astonishingly, few Simple Technology solutions suggested myself herein can address and overcome most of above global challenges.
With over 6 decades of hands on experience in Telecom right from the Magneto systems to most modern Digital systems, I had been writing on these and in my many Technical Talks & Presentations, for over a decade from late 90’s as can be seen in my paper ‘Exclusively Banked Universal Money Management by Phones.
Introduction of UNSTRUCTURED SUPPLEMENTARY SERVICE DATA #USSD.
6.1. Also the on line banking on realtime basis using USSD Technology digital messaging replacing the SMS based systems was introduced into Internet banking the first time, was done by myself and also suggesting the ideas of Exclusive Payment Banks, Online real time Payment using ’Swipe Card machines in every Point of Sales and Services etc, anytime from anywhere as explained in detail in my paper published long back when no one has heard of Money through Mobile (mTm). Please an elaborate paper published by me long back in the link: wp.me/p1ZsI2-4g which took over a decade to take off. ( Of course it needed regulatory controls and It is knowing fully well about it’s disruptive potential on Nation’s Economy, I did not venture to do it myself then and was after the Government and Reserve Bank and NPCI Yas directed by RBI to take it on the regulatory path.)
As mentioned above, the catchwords are “Government Policies on Telecom shall be People Centric; not Money Centric.“
If the Government is sincere about ‘Minimum Income Guarantee’ #MIG nicknamed #NYAY by Sri Rahul Gandhi as a scaled down version of the concept of ‘Universal Basic Income’ that he suggested after my continuous persuasion, is only halfway done though as the crux of the issue for realization of a meaningful UNIVERSAL BASIC INCOME #UIB as Minimum Income Guarantee #MIG for about 67% of the population covered in Food Security Bill #FSB, will need huge amount of monetary resources that Sri. Rahul Gandhi was silent to mention in his proposal of #NYAY.
With my proposals herein, it is possible for the Government to find enough Money to introduce #UIB and #MIG and also pay Compensation to the poor families of all COVID VICTIMS.
It is therefore, I wrote this paper and gave a presentation on ‘CONTEMPORARY GLOBAL CHALLENGES AND TECHNOLOGY SOLUTIONS’ kindly organised by Institution of Engineers Thiruvananthapuram Charter (But as usual none from his party bothered to participate in spite of personal request for their kind presence, and strangely none of them promulgated it later anywhere during last General Election as vote catching idea.) Anyway, leaving politicians apart, Government need to have a look in it and take up this work by setting up a committee exclusively for it by the Finance Ministry.
What I suggested can be done Technically by setting up a Central Server that can collect information and statistics of every money transaction happen in the Country to start with (need not be on real time basis as explained in my paper) by creating a Prototype Beta system with the help of the many experts thankfully India have, like Shri. Nandan Nilekani (*1 Credit with Salutes), National Payment Corporation of India #NPCI ( * 2 Credits)
Also Credits and salutes *3 to Shri. Raghuram Rajan, Ex. Governor RBI, for approving few Exclusive PAYMENT BANKS that rightly included the Post Office Banking Network. Unfortunately it was negated by Government allowing many private #FinTech companies function as ‘Payment Banks’
7. UNIVERSALLY GOVERNMENTS OPERATE MONEY AS COMMODITY.
As mentioned before, finding the Resource to implement this People Friendly Program can be generated with my idea, a first of its kind, “Universally Government Operate Money as Commodity.’ #UGOMAC
Not convinced? Then look closely, that is exactly what all those Private #FinTech Companies operating on Prepaid mode are doing now. #PAYTM, #GOOGLEPAY etc.
Please see my paper and presentation in the links: wp.me/p1ZsI2-XG and wp.me/p1ZsI2-Ku
8. The whole idea in nutshell.
Universally Government Operate Money as Commodity. #UGOMAC wp.me/p1ZsI2-11j
In effect it simply means sort of ‘DEMONITISATION OF ENTIRE PHYSICAL MONEY’ as it get replaced by ‘MONEY IN ITS EVERY DENOMINATION AND VALUE FROM 1 PAISA TO MILLION RUPEE OR SO IN ITS DIGITAL FORM THAT CAN BE STORED AS CRYPTO CURRENCY IN E-WALLET AND TRANSACTED FROM ANYWHERE ANYTIME IN ONE CLICK’ USING OPEN ENDED BLOCKCHAIN TECHNOLOGY.
Difficult to comprehend but workable and simple to handle.
A question arise as to ‘What will people do with the Physical Currency they have.’
No problem, as explained in my Paper, it can be taken to any Bank or to MONEY DEALER OR COMMISSION AGENTS having POS Machines where it can get converted and stored as Cryptocurrency in their E-Wallets and transact as digital currency and vice versa as explained in my paper Exclusively Banked Universal Money Management using Phones. wp.me/p1ZsI2-4g
Please see my bog: wp.me/p1ZsI2-11j
8. About Rs. 3600 Trillion change hands annually in India. By Government of India making Reserve Bank of India the Owner, Custodian, Operator, Controller and Regulator of all forms of Money in Virtual form and enable its transaction only through their System and fully redundant and Networked Servers across the Country and Charge a small percentage on the amount of Money transacted can generate enough revenue for the needs of the Government. For example a transaction charge of 2% can generate Rs. 72 Trillion annually, that can take care of whatever I had suggested and more, #MIG, Make India a TAX Free Nation, for adding infrastructure, creating jobs, and sharing with States.
As the system is parameter driven, the rate of transaction charge, whom to charge and what to charge, when to change and how much etc. can be pre-programmed and changed with few Computer Clicks as required, any time. Idea is important, Nuts and Bolts can be added by thousands out there.
Can be done, provided Government act fast to create and test it out and own implement it soon, lest it will end up like the many promises of Political Parties in 2014 Election time. Less Sound Bytes and more Action in doing what is promised, shall be the motto of Government and Political heads handling it.
9. In fact the only hurdle anticipated is the anti mind set of the People in the high echelons of Society who amass wealth in dubious means and the Political lot who won’t like bringing in Transparency in its immense Political Funding that has become the curse of our form of Democracy.
10. Meanwhile, in the ECONOMIC difficulties the county hand landed into, what Government can do is to quickly set up a system and implement something I had suggest earlier; CROWDFUNDING WITH AUTONOMOUS DAILY ONLINE RAFFLES that if managed well, Government can make enough revenue to get over the ECONOMIC LOCK DOWN. wp.me/p1ZsI2-1dx
A short list of papaulsbog.word press.com is available in the link wp.me/p1ZsI2-pw free for anyone to take and use.
By Abraham Paul P.
Freelance ICN/ICT Consultant.
Tweet @pa_paul
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Credits: *1. Shri Nandan Nilekani with salutes for helping to create Aadhaar the Indian UUID for DBT (wp.me/p1ZsI2-9m & wp.me/p1ZsI2-ue)
*2. National Payment Corporation of India NPCI for creating BHIM and Consortium of Banks to roll it out. (wp.me/p1ZsI2-4g)
*3. Shri.Raghuram Rajan with salutes for approving Exclusive Payment Banks (wp.me/p1ZsI2-C7)
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Abraham Paul. P. FIE, FIETE.
Freelance ICT/ICN Consultant. Ex. Owner Futuregroups FCOMNET, India & UAE/ Vice President Technical Sales, SIEMENS SPCNL / Director Trg, SC & TS SIEMENS ICN RHQ, Dubai / G M & SMT TBG, BPL MOBILE INDIA/ TES (A) DOT INDIA.
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Author: 
Freelance ICN/ICT Consultant.
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