Sunday 9 October 2016

Indian Coin's - Manipulation with Economy


I faced personally big problem while transaction small money at vegetable shop... getting photo of coin on paper instead of original Indian coin....!!!!
SO SORRY NOT SHOP BUT HUB... 
which website and address given here bellow .... they are not giving money like coins but giving their own printed coupon...i decided do not discuss but making and getting awareness in people for the INDIAN COIN'S MANIPULATIONS


http://www.wholesalehub.in/index.php
Wholesale Hub: (Memnagar Branch)
GF-17, Navjyot Building,
Opp Sarthi Row House, Nr.A-one School,
Subhash Chowk, Memnager,
Ahmedabad - 380052
Landline : +91 079-40048741
http://www.wholesalehub.in/contact.php


Some Basics

Coins in India are presently being issued in denominations of 50 paise, one rupee, two rupees, five rupees and ten rupees. Coins up to 50 paise are called 'small coins' and coins of Rupee one and above are called 'Rupee Coins'. Coins in the denomination of 1 paise, 2 paise, 3 paise, 5 paise, 10 paise, 20 paise and 25 paise have been withdrawn from circulation with effect from June 30, 2011 and are, therefore, no more legal tender.

various years designed are changed and here produced the link of Wikipedia for information about Metal and wights matter...



My matter is about the MANIPULATION .....

In india we are having only few currency level COINS like fifty paisa, one rupee, two rupee, five rupee now a days but all are very rarely available in shops for transaction with Indian people ...as per my concern .... RBI or Indian Government not knowing about the shortage of the coins... hence people who are regular made transaction with fruits, vegetables, and other consumers shops....
the shop keeper NOT giving COIN  but giving PAPER PRINTED COUPON instead of money...and even more the coins are made from less chromium and more iron....Government of India has been using various metals from time to time depending on the value of metals. 

Currently, using 

Ferritic Stainless Steel (17% Chromium and 83% Iron) is being used for manufacturing most of the coins.

as per the same are made from iron major side ... here under giving some photos taken by me in presence with my daughter....see the difference of OLD AND NEW INDIAN CURRENCY....

OLD Indian coins has metal about aluminium and even more chromium less iron hence policy standered maintain by the government.... now a days matter are different...

due to major part of iron factor anybody can make the coin at home even and manipulating 
if we under estimate the matter people are more smart and made PAPER COUPON!!!!!





How GDP go down....see the magnet rule in Indian economy ... all new coins attract with magnet, hence there is big difference between new coins and old coins....this effects any nation GDP as well as international level of currency...
Iron coin made by anybody with poor qualities...
government must have policies for coin....
when i was worked in BRTS as conductor ... i received damaged coins ... since that i know the same but when i received and even seen the PRIVATE PAPER COUPON ... my mind said word ENOUGH.... 

really ... INDIAN GOVERNMENT AND EVEN PAKISTAN GOVERNMENT DOING BIG DHAMAKA BUT NOT NOT GETTING AWARE FOR THEIR OWN PEOPLE SMOOTH FUNCTIONING LEVEL ON ADMINISTRATIVE LEVEL....

Indian RBI is doing concentration on repo-rate and reverse repo-rate only.... 
what about coins....

smart people (crore patee) using paper instead of coin and making thousand crore ruppees for their own children... 
people doing and making selfie....in digital india 
what about manual work????

maybe my language is poor but mind concept is very clear....
in gujarati one common statment available as here under
BHANELA NA HOI YE KAI NAHI... GANELA TO HOVA JOIYE...
ie....
no educated people, will be OK... BUT not cleaver, will not be considered....


Jigar Mehta / Jaigishya

No comments:

Post a Comment