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blogsofadumdum · 10 months
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Rs. 2000/- note to be de-legitimised. Is that a good decision?
The Rs. 2,000 note was introduced by the Reserve Bank of India, on November 8, 2016, the day when Rs. 500 and 1,000 notes were demonetised. Now, in May 2023, this denomination has been withdrawn from circulation.
This action, taken after almost 8 years, has caused mixed reactions among the public. When the previous notes ceased to be legal tender, the magenta-coloured note was introduced as an effective measure against black money and tax evasion. Everybody from that time might be able to remember the chaos in front of Banks and ATMs, the fall in Real Estate value, the rumours of GPS-like technologies in the new notes, enabling their tracking and thus preventing the formation of black money. However, critics have long argued that this was not as effective as it was touted to be, that the Demonetisation was not well thought-out, but rather flawed. It can now be said that perhaps the this current decision is in acknowledgement of that very argument.
Personally speaking, this has been long coming, and seems to be much more well-planned. The notes have not ceased to be legal tender immediately; rather they can be used and deposited until September 30th of the year. This cuts down on unnecessary panic, and gives sufficient time to the public.
All in all, this action seems to be approved of by a substantial amount of the public. Now, how this decision will pan out in the long term, one can only wait and see with time.
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blogsofadumdum · 11 months
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Should nepotism be banned in Indian Cinema?
Nepotism has long been a very loaded word in the Indian Film Industry. From the Akhtars to the Bachchans, from the Bhatts to the Khers, everybody knows that, no matter how much one might protest against nepotism, the so-called “film families" have a stronghold on Indian Cinema. But what is wrong with nepotism, anyway?
Nepotism is simply defined as the practice of those with power and influence, favoring friends and relatives, especially by providing jobs. In the Indian film industry, one may see nepotism in how veteran actor Amitabh Bachchan's son Abhishek, is constantly mocked for subpar acting, or the daughter of film director Mahesh Bhatt, Alia, is belittled then and again for a perceived sub-average intelligence. And despite such ignominy, both continue to enjoy a variety of roles and jobs. However, a more somber look into the topic reveals much more.
Nepotism has often been blamed for the suicide of beloved actor Sushant Singh Rajput, who was found deceased in his home on June 14, 2020. Rajput had no familial connections in the film industry, and many substantial claims, most infamously by actress Kangana Ranaut, say he suffered due to it. It has opened a long-slumbering public's eye to the pains and griefs a newcomer might suffer through.
Moreover, looking at the general trends, one might even notice how much of a poor reception, the movies of big names in cinema have had since then. Lal Singh Chadha and Radhe primarily come to mind. It would not be farfetched to say that Bollywood is losing the public's faith and trust.
So, all there can be said, in conclusion, is that stagnation is fatal. Encouraging new, fresh blood is the only way to revive public trust and restore the glory of Indian film industry.
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