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Feet on Fire – Bully, Bribe and Bankrupt

February 24, 2023

Caution: As stated earlier under FYI on this site, the articles and information published in this domain and sub-domain are factual, well founded and abundantly substantiated with verifiable data.

Accordingly, the readers, viewers and visitors to this site appreciating freedom of press, ethics, integrity and unbiased analyses required in candid publications are extended warm welcome. 

Simultaneously, those who prefer the contrary viz. the political establishment and their recruits in media as well as social domain having zero tolerance to facts based truthful presentation are advised not to visit the site in recognition of their contradictory position. 

Padmini Arhant 

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Feet on Fire

Bully, Bribe and Bankrupt 

Padmini Arhant

 

The New Delhi executive branch arsenic strategy upon feet held on fire are bully, bribe and bankruptcy.

Bully – the nations in South Asia – Indian sub -continent viz. Nepal, Bangladesh, Sri Lanka, Bhutan and Pakistan. Maldives on Indian Ocean. These nations are in fact caught between China and India in economic trade war.

India investment in power and infrastructure projects in these countries are proved to exclusively benefit  New Delhi’s  close partner Adani groups as opposed to Indian economy in entirety or for that matter the population in any of these host nations in the territory. As a result, the latter is hamstrung to oblige New Delhi’s lopsided demand.

Unlike New Delhi policy with South Asian nations briefed above, the approach with the west is appeasement and appreciation.

Bribe – the west expending multi-billion dollars in purchase of hundreds of aircrafts by funding Indian oligarchy in aviation industry using Indian tax payers money and expatriate foreign remittance.

The funds generally derived from Indian middle class tax payers since the wealthy oligarchy and upper echelons in Indian society through direct and indirect links as well as representation in politics freely avail tax evasion privilege hoarding money offshore.

The foreign currency reserve is predominantly received from Indian expatriate foreign remittance to support their family back home in India.

The government divestments from public sector to private sector in the past nine years having exponentially increased creating unemployment, income inequality amid hyperinflation exacerbated with unaccounted black money in circulation in the economy, the Indian work force is exported rather than export of Indian manufactured goods and services abroad.

The administration in New Delhi lobbying the west viz. the United States, Britain, Australia…to expedite visa processing for Indian skilled work force to serve the above enunciated requirement is the ongoing trend.

Again in the absence of domestic job growth to employ workforce at home in various skills and occupation, the government generated brain drain with professionals, assorted tradesmen and service providers exodus overseas is essentially evacuation of natives i.e. Indians from the country.

Not to mention the eviction of native Indians with majority Hindus leaving the country, the government’s Hindu Rashtra agenda is null and void.

Meanwhile, the nation for sale with tangible movable assets, prime land and endowments are handed over to government partnered oligarchy barring transparency and accountability.

The state corporate press and media dissemination on government targeted individuals regarded threat to fascism prevalent at the moment engage 24/7  in indoctrination and false narrative.

In the trade angle, the flip side of boosting foreign economy via extravagant spending on aircrafts and other lofty items besides damage mitigation of the much focused self-image of the head of the nation are the following.

A. The depletion of foreign reserves considering the irrevocable firm order on the economic deal viz. the recent commercial aircrafts.

B. GDP decline with little or no manufacturing at home despite widely propagated Make-in-India slogan during political rallies not translated into experience.

C. The current momentum on imports having substantially increased with significantly minimal exports, the foreign investment in Indian economy is made non-essential. The situation also facilitate government favored oligarchy monopoly in Indian economy with ingredients and components mostly imported from China in the consistent trade deficit so far.

Indian central government head attempt to lure western approval on self-image is premised on major expenditure buying goods from western companies similar to wild shopping spree.

The other tactic is showcasing India as a huge consumer base without enabling consumer affordability and buying power contrarily reduced to struggling to make ends meet at the middle class level.  The lower income and poorer segment can hardly survive in the tough economic environment let alone participate in the consumer market.

Accordingly, the foreign investors’ diversion allow them to produce and manufacture on their soil promoting job market in respective foreign destinations.

The unemployment and underemployment of educated qualified youth representing majority population in India impetus immigration to foreign nations. The migration pose a challenge not only to new immigrants but also local work force unable to accept foreign workers competing for the limited opportunity.

The real winners in the economic deal are those at the helm in corporate empire and politics while common workforce at both ends are left with compromise as the only option.

That leads to bankruptcy of people in Indian economy.

Bankruptcy – The average Indian citizens’ pay dear price in this economic shamble. They are deprived of economic stability and progress. Simultaneously, their hard earned savings wiped out in national banks and  private financial institutions due to rampant financial fraud from government’s intimate associates turned fugitives like Vijay Mallya, Mehul Chinubhai Choksi, Lalit Modi, Nirav Modi and the likes….all of them absconded and fled the nation with government aided security and mutual agreement.

There was a time in Indian history when the Sultan of Delhi, Muhammad bin Tughluq was called a mad king for legitimate reasons. The ruler frequently shifted state capital along with people. The token currency he introduced unbeknown to population and the projects as well as experiments declared own ideas were unsuccessful.  Yet the ruler presumptuously considered self a genius. 

In India in 2023 for ordinary people is an uphill battle combating corruption, inflation and economic stagnation. Additionally the ones with potential and ambitions are facing nomadic life in search of locations with job prospects across the globe. The country is displaced with oligopoly of which duopoly enjoy unlimited gains as entitlement. 

With democracy dissipation, the fundamentalist ideology evolved into authoritarian is the reality. 

Padmini Arhant 

Author & Presenter

PadminiArhant.com

Prakrithi.PadminiArhant.com

India – Foreign Trade and Remittance

December 3, 2022

India – Foreign Trade and Remittance

Padmini Arhant

The incumbent administration in New Delhi at the center deploying the civil service cadre might produce statistics to counteract ground reality related to economic situation reflected in India’s global hunger index ranked at 107 among 121 nations besides other crucial economic activities largely placing India as not the beneficiary in contrast to government propaganda.

Factual vs. Fictitious Data

For example :

According to Indian Government instructed Indian civil service data on foreign remittance is as follows.

Juxtaposed to Indian data, the economy of Singapore features GDP and foreign reserves details.

Economy of Singapore – the South East Asia neighbor to South Asia India. 

Economy of Singapore

Singapore Official Foreign Currency Assets per Monetary Authority of Singapore  – mas.gov.sg

As of October 2022 – $399.4 billion 

 

Statistics
Population 5,770,040 (2020) – 5.7 million 
GDP $379.071 billion (nominal, 2022 est.)$617.987 billion (PPP, 2022 est.)
GDP growth 3.4% (2018) 0.7% (2019) −3.5% (2020e) 5.5% (2021e)

Regarding Indian Data – Assuming the above data are current and legitimate considering revelations on incumbent Indian government published figures on foreign reserves, unemployment, GDP, inflation and other key economic activities…that are routinely challenged within by government appointed heads of institutions ranging from former RBI governor viz. ex-RBI governor Raghuram Rajan on demonetization debacle to labor department and national statistical commission experts resignation on government demand to collude in reporting fictitious data on unemployment status and the list is fairly extensive raising credibility issue on government’s  economic report with no external independent oversight.

Indian news media reports on unemployment figures controversy.

“Resignation of NSC members exposes government’s unwillingness to tackle unemployment.

Statistical Commission Experts Resign in Protest Over Jobs Data and Govt Attitude.

P.C. Mohanan and J.V. Meenakshi – the only two non-government members of the commission – tendered their resignations because of the body’s ineffectiveness.

New Delhi: The only two non-government members of India’s National Statistical Commission have resigned, leaving just chief statistician Pravin Srivastava and NITI Aayog’s Amitabh Kant at the head of a body that is the apex advisory organisation for all of the country’s core statistical activities.”

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Nonetheless, the important factor in India’s foreign remittance $100 billion asserted by Indian government is predominantly if not exclusively from Indian labor in foreign nations sending money back home to families and dependents in foreign currency.

Among the Indian labor force exported overseas, the significant Indian manual / physical labor is concentrated in the Middle East, Africa and South East Asia. The other skilled Indian labor from tech industry is largely employed in western shores such as the United States, Britain, Australia, New Zealand, Canada and western europe.

Again the remittances received from the high tech high paying jobs are the second category in Indian labor monetary transactions credited in foreign currency to India’s ex-Chequers foreign reserves account.

This aspect of foreign remittance is showcased by Indian government as unprecedented in Indian economic trend.

Not to mention the Indian labor force working overseas are entirely due to individual and non-governmental efforts and diligence with little or no major government involvement in seeking employment and travel to foreign countries in search of employment and business opportunity.

In other words, not much help or assistance provided by Indian government in terms of foreign currency withdrawal and other relevant resources during travel i.e. export of skilled labor offshore.

The drastic impact of skilled labor exodus from India at highly technical and professional expertise is the well known brain drain from India and the other adverse effect in the domestic front is described in the words of India’s one of prominent long time consumer goods manufacturer Godrej as below.

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Help wanted – India’s ‘Make in India’ drive lacks skilled labour

“I always say that there is no unemployment in India. It’s only unemployability,” said Adi Godrej, whose businesses range from consumer goods to …

India has too few skilled labourers thanks to decades of neglect in training and it desperately needs electricians, bricklayers and plumbers.”
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It is noteworthy that Indian workers’ foreign remittance from abroad $100 billion is directly absorbed by China in trade surplus with India.

As per the reports on India trade imbalance with China;

The trade gap has particularly widened in the past decade. In 2021, annual two-way trade crossed $100 billion for the first time, reaching $125.6 billion, with India’s imports accounting for $97.5 billion, pegging the imbalance at close to $70 billion.

“China’s trade with India is lopsided and in this period China had a favorable balance of trade that has crossed $1.2 trillion,” said Srikanth Kondapalli,who is Professor in Chinese Studies and Dean of the School of International Studies at Jawarharlal Nehru University. “That is, in pure statistics, Chinese businesses earned that much money [from India].” 

Moreover, Chinese commitments to India to import substantially more Indian goods, particularly pharmaceuticals, have not materialised,

These surpluses are consistent, and not addressed over a period of time this leads to the problem of a current account deficit for India,” he said.”

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What this means for common man and woman i.e. the ordinary average citizens in India is the brain drain via professionals and highly skilled immigration from India to overseas.

Notwithstanding this is a major disadvantage for India. The skilled workforce on the other hand as blue collar workers migration to the Middle East and other parts of the world essentially depriving Indian economy the skills and innovation with the current Indian government favoring and urging western nations to expedite visa processing primarily for earnings from Indian workers‘ foreign remittance.

India is bereaved of manufacturing, innovative and skilled economy to China enjoying trade surplus with India.

Meanwhile the expatriation of skilled and professional members to western nations and destinations in the hope of foreign remittance for government which in return is paid to China via massive economic imports into India.

The BJP government at the center in New Delhi headed by current Prime Minister is depleting Indian economy of foreign reserves and foreign remittance in trade deficit and trade imbalance with China, Russia and more.

In conclusion, the Indian prime minister’s Make in India and $5 Trillion Indian economy… as the New Delhi central government’s home minister Amit Shah coined it – are nothing more than Jhumla – political shenanigans.  They otherwise serve well on the campaign trail to lure gullible voters willing to be deceived many times over by such politics.

The other beneficiary is China achieving multi-trillion dollar economy status with India as the leading importer at Indian economy and educated skilled unemployed youth expense.

The end-result China’s middle class exponentially rise in contradiction to India’s overwhelming majority sliding downward to mere bottom in the global hunger index and other international economic census.

Politically, the RSS run BJP government and Modi-Shah’s campaign on Hindu Rashtra and Hindutva agenda would dissolve with Hindus leaving India for better economic prospects.

The status quo would by default return India to secular statehood in accordance with Indian constitution. 

Padmini Arhant

Author & Presenter 

PadminiArhant.com

Prakrithi.PadminiArhsnt.com 

India – Global Hunger Index

December 2, 2022

India – Global Hunger Index

Padmini Arhant

Amid Vikas (progress and development) touted as the incumbent administration i.e. the Central Government in New Delhi’s campaign slogan, it is important to notice the real indicator of economic progress or the lack thereof critically reflecting  hunger and poverty among overwhelming population in India at the lowest economic strata. 

Not to mention New Delhi Central government monetized political campaign through foreign hired presenter embellish India’s GDP at the alleged 13.5% in contrast to ground reality with dire hunger and poverty situation. 

India – Global Hunger Index

In the 2022 Global Hunger Index, India ranks 107th out of the 121 countries with sufficient data to calculate 2022 GHI scores. With a score of 29.1, India has a level of hunger that is serious.

In comparison, India’s neighbors in the Indian sub-continent surpassed India with considerable lead in this context. 

Nepal ranks 81st out of the 121 countries with sufficient data to calculate 2022 GHI scores. With a score of 19.1, Nepal has a level of hunger that is moderate.

Bangladesh has moved eight notches down to rank 84th among 121 countries in the Global Hunger Index (GHI) 2022, still surpassing neighbouring India (107th), Pakistan (99th) and Afghanistan (109th).

Pakistan – In the 2022 Global Hunger Index, Pakistan ranks 99th out of the 121 countries with sufficient data to calculate 2022 GHI scores.

No matter what paid propaganda persists during elections, the actual economic conditions such as hunger, poverty and survival amongst the vast majority of population speak for national economic circumstances confirming the government failure to address the most pertinent issue. 

In the rank out of 121 countries;

Nepal – 81st

Bangladesh – 84th

Pakistan – 99th 

India – 107th 

Padmini Arhant

Author & Presenter

PadminiArhant.com

Prakrithi.PadminiArhant.com 

No Nation is a Poor Nation on Earth

November 17, 2022

No Nation is a

Poor Nation

on Earth

Padmini Arhant

इन लोमड़ी भेड़िये और उनके चम्चे चाप्लूसियों को ठुकरावो और गरीबी मिठावो ।

Natural endowments is gifted by nature in some form or another in every part of the world far and wide including the remotest corner of the planet.

When plants and animal species in infinite variety survive and thrive,

Why do human population face death from starvation, preventable disease and lack of basic survival needs like clean air and water?

Unlike plants and animals in environment not invaded and encroached with human foot prints facilitating natural survival and healthy conditions, human surroundings and habitat is exploited, excoriated and depleted by human greed prompting grand larceny from land to all and any natural resources as well as economic assets by the selective privileged few leaving the rest entirely at their mercy.

In reality, any nation’s economic status could be assessed and verified by that nation’s government head and political members’ personal wealth hoarded and stashed in predominantly offshore bank accounts, tax havens and investments depriving the nation they are elected to govern due economic development and equitable income distribution in society.

Then there are the self-proclaimed influential affluent amassment of illegal wealth again held overseas in numerous format account for significant national financial drain in the economy leading to abject poverty, hand to mouth living, generational indebtedness, economic slavery creating social subjugation for overwhelming population.

The equitable income is by no means socialism or communism – the concepts conveniently coined by feudalists and plutocrats essentially deploying the strategy in wealth and power concentration within the core integral circle.

Regardless of economic system ranging from socialist, communism to different types of  capitalism, the oligarchy, feudalist and upper echelons direct and indirect control on economy is dominant.

The rampant corruption among the powerful, wealthy and famous exerting influence and dominance evade accountability through self-granted political impunity.

With transparency oxymoron to them flouting checks and balances, the exclusive segment in society possess vast economic advantage over the remaining abandoned in their dire situation.

The incorrigibly corrupt system represented by gluttonous greed together with incompetence and dereliction of duty in public service and all matter largely contribute to poor economic status for a nation.

The topic will resume with more details on the subject.

Padmini Arhant

Author & Presenter 

PadminiArhant.com

Prakrithi.PadminiArhant.com 

United States – Soaring Inflation

June 10, 2022

United States – Soaring Inflation

Padmini Arhant

The soaring inflation beginning with gas price at $7.00 and higher having domino effects on food and other essential goods and services is a burgeoning issue for people living with pay check to paycheck and those with meager savings in the economy.

There appears to be no immediate relief in easing skyrocketing inflation hurting consumer base again directly affecting business sectors in the economy.

The federal reserve inflationary control measures and government economic policy if at all any are yet to deliver necessary correction in inflation reminiscent of 70’s energy crisis leading to severe economic downturn.

The war in Ukraine brought upon Ukrainians from the western viz. United States and EU insurrection against then democratically elected government in 2014 is the result of deaths and devastation in the battle ground combined with nuclear threat from Russia.

The energy crises resulting from the ongoing war in Ukraine and further hindrances in food supply viz. wheat, soy, sugar etc. from Ukraine and Russia to other parts of the world have dramatic impact on the domestic and global economy.

Meanwhile, the global demand on crude oil now largely resting on the oil producing nations in the Middle East and others like Venezuela with sanctions on Russian energy imports only applicable to non-western nations is nothing new.

The Russian energy flow into western Europe such as Germany, Austria and Finland to name a few besides EU and NATO ally Hungary having categorically rejected the sanctions protocol claiming similar  scenario on meeting domestic requirements as priority are not only double standards but also reflect paradoxical western position in funding the Ukrainian invasion.

Amid these contradictory rules and activities, the energy price at the gas stations are record high in history taking toll on average and middle class already enduring economic pain from COVID and at present forced to contend with excruciating inflation in the absence of positive economic trend.

The market reaction and performance lately with Dow Jones dropping 700 points along with S&P 500 and NASDAQ precipitous slide are clearly indicative of inflation and lack of prudent economic solutions behind the present serious nonetheless preventable decline.

There is an urgent requirement for pragmatic and economically viable interjections to contain rising inflation in conjunction with diversifying energy resources improving and increasing energy distribution for affordability across the economy.

Unfortunately, there are no information or strategies made publicly known from the relevant monetary and fiscal authorities to ease growing concerns and frustration among consumers dealing with extraordinary economic struggles since COVID related shutdown and ongoing inflation debacle.

Obviously, the critical topics are inflation and energy price that are interlinked with a strangle hold on people especially in the middle and lower income groups deprived of any options in the economic strife leaving the poor and the poorest status abysmal.

What is the government plan of action on surging inflation?

What are the remedies pursued by the federal reserve other than interest rates hike with stagflation projected in the global economy?

What are the immediate possibilities to calm the inflation storm, energy costs, boost employment  opportunities, stabilize economic conditions across the spectrum and last but not the least soothe investor apprehensions in the volatile economic climate?

The Ukraine war must end with Russia’s divestment in economy over expansionism via military aggression exceeding 100 days in Ukraine. The only guaranteed outcome benefitting both sides i.e. Russia and Ukraine is permanent ceasefire and peaceful dispute settlement on all matter. The military engagement is proved counterproductive and exacerbated resources, morale and human lives with irreversible tragedy.

The western foreign policy engineered towards diplomacy and dialogue in ending Ukraine war is pertinent to global peace, security and economic recovery.

The economic factors such as inflation and energy rates at the gas pump are the burning issues for ordinary men and women representing the work force, consumers and tax payers in the economy worldwide.

Suffice to say those behind gain of function research triggering the global pandemic and big pharma have enormously profiteered from COVID disaster.

The defense sector viz. the military industrial complex and western governments on their part supplying weapons to Ukraine while procuring energy from Russia have secured multi-billions in arms trade to Ukraine having destabilized the once relatively peaceful country in 2014.

Let there be no more time wasted in cliché on Hollywood fame defamation trial and Jan 6, 2021 fiasco. The late night show hosts paid millions of dollars as propagandists with pre-recorded captive audience fake applause and social media attempts to deflect public attention with platitudes and parody are imposed as entertainment.

Meanwhile, there are no investigations or discussion on western violent intrusion overthrowing democratic power in Ukraine in 2014 and recently ejecting Pakistan’s government under former Prime Minister Imran Khan causing political chaos and further economic derailment in that part of the world.

The stark reality – the people survival is challenging more than ever deserving long overdue focus and respite from the deteriorating situation.

Padmini Arhant

Author & Presenter

PadminiArhant.com

Prakrithi.PadminiArhant.com

P.S.                                                                      Ukraine President Volodymyr Zelensky

Pakistan’s former Prime Minister Imran Khan on Pakistan affairs. 

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