Citizens' Issues
Resolving India's urban governance challenges
The recent flooding in Chennai and our reaction to it points to a deeper malaise affecting us all. It is not only to do with urban governance but, at a deeper level, it is about us as people.
There is no doubt that the city government, as well as the state government machinery, failed to provide adequate support. After all the government that the people get is as good as the people who elected them. There may, of course, be minor variations to this, but broadly speaking, it holds true. 
The fundamental reason, in our view, was a failure to systematically break down the problem and resolve it. This arises because of deeply embedded attitudes as well as the fact that people, as well as governments, do not use a systematic approach to resolving most issues - including the urban challenges facing most cities in India today. A good approach of the present dispensation at the centre is to take help from people in the global community for building/evolving India's smart cities. It must be balanced with experience from the ground to develop cities that are resilient to challenges like natural disasters, urban transportation, liveability, global terrorism and the like. 
Recently, on a conference trip to Japan we realized that the country too suffers from and is prone to natural disasters. But their response and our response have been markedly different. They have resolved these issues by using a consensus-driven systematic approach. Japan has been ravaged by earthquakes, tsunamis and volcanic eruptions in the past. But this has not prevented them in building the second highest tower after Burj Khalifa in the heart of Tokyo in spite of being prone to earthquakes. While some may say it is crazy others see a consensus-driven technological approach to resolving and overcoming the challenges that face them. 
Contrast this with our approach. Most institutions and people in India try to blame the system for all that is wrong and try to take credit for little that is right. A recent case in point - sticking the Tamil Nadu chief minister's photographs on the food relief packets. Most times in India, when all else fails, the Indian Army is called in to resolve the issue. It is because they follow a process-driven rule-based systematic approach to tackle problems. Why cannot all Indians be a little more systematic in our approach in facing challenges? This suggestion extends to professionals (both within and outside the government) as well as all citizens. Another example that can be cited for our disregard for rules is easily seen on the road when we drive cars. Most of us while driving cars change lanes frantically. When we can very easily stop this haphazard approach putting at great risk our lives and other people's lives.
Another thing we observed in Japan was that people stand on one side of the escalators to allow people who are in a hurry to move quickly to the top of the escalators. In India, while moving up or down in the escalators of the Delhi Metro, we have observed little order and mostly chaos. It is a very small thing but it reveals a lot about our beliefs as a people. 
We talked to a wise man from Japan and what he revealed about Indians was telling. He said "Indians are all very smart. The problem is they look in different directions." It can be seen in our approach to tackling urban disasters, driving, standing in escalators or throwing litter on the roadside. Rather than looking in different directions we must forge consensus and work together, be it the governments at various levels (city, state or national) or businesses or civil society and media or any citizen. 
All must work together to mitigate the adverse impact of any disaster that happen. Some people may point out that our comparison is flawed, as Japan is a developed country while India is a developing one. It is a fair point but even with the resources we have, we can do much better. Also, it is our belief that a comparison is necessary not to criticize our country but to learn from the approach of others that may have brought them success over the past 60 years.
A fundamental shift is required in how we build systems that are resilient to disasters and calamities. It will only happen when we change our attitude to resolve the problems that we currently face. Over the next 15-20 years, we must learn from the experience of other countries to manage urbanization effectively and build our country. It will require a shift in technology, governance and institutional functioning but, above all it will require a shift in our attitude to a more process and consensus driven approach.
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.




Jyoti Dua

11 months ago

A good article by Amit Kappor. Our society needs lot of changes in attitude.

D S Ranga Rao

11 months ago

Wonderful! How true it is in respect of all other aspects of our life also everywhere in our country! When can we expect the end of paradox of Indians being undisciplined in India and well-behaved abroad?

Why Counting Mass Shootings is a Bad Way to Understand Gun Violence in America

It glosses over the broader reality of who is most at risk of being murdered with guns


According to articles this week across the Internet, there has been an average of one mass shooting every day in the United States: 355 so far this year. It's a jarring statistic, and one that has gone viral in the wake of this week's massacre in San Bernardino, California.


But there are two problems with the number: It doesn't actually provide a clear estimate of how often the country has seen shooting rampages like the one in San Bernardino. And it obscures the broader reality of gun violence in America.


Counting "mass shootings" is notoriously complicated and contested, since there is no standard definition of what they are. Is it best to count shootings that injure or kill a certain number of people? Or should the definition focus more narrowly on attacks in which the motivation of the shooter "appears to be indiscriminate killing"?


Mother Jones, which has been tracking mass shootings since 2012, has counted just four mass shootings this year, and a total of 73 since 1982, as Mother Jones editor Mark Follman has noted in The New York Times.


In 2014, the FBI released its own count of "active shooter" incidents, focusing on events where law enforcement and citizens may have the chance to intervene and change the outcome of the ongoing shooting. It tallied a total of 160 of these events from 2000 to 20132013including high-profile shootings at Virginia Tech, Fort Hood, and Sandy Hook Elementary School2013 with an average of 11 per year.


The "355 mass shootings this year" that has been rocketing around the Internet comes from a crowdsourced Reddit initiative that gathers media reports of shootings in which four or more people were shot.


The Reddit count includes many incidents that Mother Jones, the FBI, and others leave out: for instance, a home robbery, a drive-by shooting, and a gang fight.


The Reddit project's organizers suggest this broader approach does a better job of capturing the burden of gun violence2013including the suffering and costs of treating people who are shot and survive.


"The most obscene incidents of gun violence usually do not make the mainstream news at all," the project's introduction says, citing a nightclub shooting in Tennessee in which 18 people were shot and only one person killed. "We believe the media does a disservice to mass shooting victims by virtually ignoring them unless large numbers are killed."


Yet bundling together all incidents in which four people or more people are shot doesn't capture the bigger picture.


As ProPublica detailed last week, gun murder in America is largely a story of race and geography. Half of all gun murder victims are black men. The gun murder rate for black Americans is dramatically higher than it is for white Americans. And the burden of violence tends to be concentrated in certain neighborhoods of certain cities.


Bureau of Justice Statistics

Reddit's Mass Shooting Tracker does not include any breakdown by race. In response to questions about the group's numbers, one project organizer, GhostofAlyeska, wrote, "Our intent is not to analyze the causes or cures for gun violence, but simply to expose the available data. We're volunteers working from a reddit community, nothing more."


The Reddit project cites 462 people killed under its broad definition of mass shootings. The number of gun homicides of black men killed in 2013, according to the Centers for Disease Control and Prevention: 5,798.


Baltimore alone has seen a total of 316 total homicides so far this year2013the vast majority of them shooting deaths of black victims, according to the Baltimore Sun's homicide map. The city's homicide rate is now at a record high. The Reddit tracker captures eight of those deaths.


San Bernardino has two entries in this year's Mass Shooting Tracker: yesterday's attack, and a nightclub shooting reportedly linked to gang violence. The area has long struggled with poverty, gangs, and homicide. "My son was shot to death with an AK201347. My nephew was murdered and his body was burned and buried," San Bernardino resident Marisa Hernandez told Vice News on Wednesday. "This type of mass shootings happens everyday here to our kids and nobody stops it, nobody does anything."


ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for their newsletter.












Mahesh S Bhatt

11 months ago

Crazy Insecure racially divided dangerously corrupted values systems with market society where every life is valued/polluters are scot free after they pay/free sex caught paid as compensation.

They raised Iraq/raised Libya/Syria /fed Pak terrorist in name of terror in Kashmir but in real Oil control.

So Gita says what you sow so shall shall you reap.

Poor economic state coupled with financial stress is presciption for such more attacks.

Mahesh Bhat

I-T Rules on Form 15G and 15H Are Harassing
This is with regard to the article “File Electronic 15G and 15H Forms” in Moneylife (issue dated 29 October 2015). Until now 15G/15H were valid for a year, if I continued to qualify. It was permitted to add/delete/renew deposits as long as the total income did not cross the taxable income threshold. The Form 15H, submitted at the beginning of financial year, continued to be valid.
The new I-T (income-tax) regulations stipulate that for each and every renewal, and for additional deposits, I have to submit a fresh Form 15H. I have several deposits in an NBFC (non-banking financial company) and banks, which mature on different dates. I have to submit Form 15H on multiple occasions during the financial year, even though my taxable income is below Rs3 lakh (the limit for senior citizens).
My happiness on reading the above-mentioned article was short-lived. I feel harassed by the new rules (which should affect thousands of other senior citizens in a similar way). I thought I should bring it to the notice of readers.
Padma Raghavan, by email
We sent Ms Raghavan’s views to Hashmukh Adhia, Union revenue secretary, who has publicly sought feedback from taxpayers on the issues that they face. The email elicited a prompt reply from Mr Adhia saying that the government will look into the matter. — Editor

Minimise Use of Currency Notes

This is with regard to “Fix the Informal Economy” by TV Gopalakrishnan in the Readers’ Responses pages of Moneylife (issue dated 26 November 2015). Sweden is going to be a totally cashless country by 2016, when currency notes will be rarely seen in that country. 
On the other hand, India is far, far behind with nearly 86% transactions being effected through cash, rather than banking. This is the main reason for the parallel black economy and corruption. Prime minister Narendra Modi’s desire for a cashless system in the country is welcome. With his ambitious Pradhan Mantri Jan Dhan Yojna (PMJDY) being successful and even crossing the fixed target, the need now is to make it compulsory for every person to have a bank account—these can be opened even with zero balance. It must be compulsory to make not only all government payments, but even salaries, etc, by private parties above, say, Rs5,000 through banktransfers only. We should also ban the system of payment through bearer-cheques. The system of electronic bank transfers should be encouraged and popularised, so that persons with small salaries do not have to wait for three days to get cash and avoid time spent on going to deposit salary cheques in their banks. Such a system will effectively check corrupt practices.
Notes of higher denominations, of Rs500 and Rs1,000, are often used as unaccounted money. India should also discontinue currency in denominations of Rs500 and Rs1,000. 
Since property deals have a larger component of unaccounted money than what is disclosed on documents, tax laws should be simplified by providing a permanent voluntary declaration scheme. The scheme should enable people to declare as much income as possible from ‘undisclosed sources’ on payment of maximum tax of 30%. This will catch those purchasing property with unaccounted cash. Tax officials will find ‘income from undisclosed sources’ in tax returns of those selling property. Circle rates should be somewhat higher than the prevailing market rates and should be reviewed and fixed after every three months. Stamp duty should be charged at just 2% of such fixed circle-rates, irrespective of the price disclosed on documents. Capital gains tax should be reduced to 10% instead of the present 20%. The idea should be to have such low rates of stamp duty and capital gains tax that people would volunteer for clean and fully accounted for property deals which, in turn, will yield much more revenue than at present.
Madhu Agrawal, by email

Is Gold Bond Scheme Worthwhile?

I found some instructive articles on financial management by Moneylife authors and, hence, I have started subscribing to Moneylife. Regarding Gold Bond Scheme, it will be good if Moneylife can give advice about investing in the scheme. It will be very useful for readers like me.
Gold Monetisation Scheme can be a very good investment for households which have bought gold biscuits in the past for conversion into gold ornaments at the time of the marriage of their daughters or when they convert old jewellery into new jewellery. Also, temples can invest in it as a safe and good investment, as they have large deposits of gold donated by devotees.
Yet, the Gold Bond Scheme, in my opinion, is a destroyer of wealth and is not a prudent investment on a long-term basis. The reasons are as follows: 
(a) What can be achieved by investment in Gold Bond Scheme is better achieved by an equity-based fund of a good mutual fund. These funds have been consistently giving an annual dividend in the region of 7%-9% of NAV (net asset value). If these investments are kept for 7-10 years, they are likely to have capital appreciation as well. The capital gains are also tax-free. Moreover, nobody knows what would be the price of gold at the time of redemption of the gold bonds. Gold, over a long period, has not given any worthwhile appreciation.
(b) If it is argued that investments in equity schemes of mutual funds are risky, one can buy 10-year government bonds. These will have good dividend yield of 7%+. This is much more than what gold bonds offer and it is also risk-free. Even fixed deposits with banks would offer better returns than gold bonds. 
(c) There is only one advantage of gold bonds. If one were to purchase the gold bonds in the name of one’s wife or daughter, it will give her emotional satisfaction. Gold bonds are good for the country, as these will help in controlling the fiscal deficit. 
P Sankaran, Chennai
We have already published an evaluation in the MSSN blog and also published other articles listed below:
—  Editor

Action is Not Authorised By I-T Act

This is with reference to the box item, “A New Source of Pain” by Dr Nita Mukherjee, in Cover Story (Moneylife, issue dated 26 November 2015). Interest paid on refund under the Income-Tax Act is considered as income from ‘interest other than interest on securities’. TDS (tax deducted at source) provision 193A is not applicable in respect of interest paid on tax refund as per S193A (3) (viii). When the Section specifically says that TDS provision is not applicable, the action by the department is illegal. This action is not authorised by the Income-Tax Act. The assessee can write to the CPC (central processing centre), Bengaluru to rectify the order giving the refund request for the full refund along with interest, without deduction of tax.
A Soorianarayanan, by email

Biggest Con Job?

This is with regard to “IRDAI Wants Life Insurance Proceeds To Be Tax-Free” by Raj Pradhan. The taxpayer will be hit. Investment insurance is the biggest con job in the world. Premiums paid on such policies should not be allowed as tax-breaks.
R Balakrishnan

Linux has Better Security

This is with regard to “Safe Online Shopping” by Yogesh Sapkale. This is a good list. One could also consider using Linux as it has far better security compared to Windows.
Anand Vaidya

Work Hard And SIP!

If you need fixed income post-retirement, work hard and SIP (systematic investment planning) in your working years. But don’t buy a house. From that corpus, buy a flat or flats and retire on their rent. Smile.
Pravesh Pandya

Really Helpful!

This is with regard to “6 Mediclaim Blunders To Avoid” by Raj Pradhan. The article is insightful. It is really helpful. Keep doing the great research work.
Vinay Maheshwari



We are listening!

Solve the equation and enter in the Captcha field.

To continue

Sign Up or Sign In


To continue

Sign Up or Sign In



The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)