Ø Difference in per capita income between poor and rich people.
Ø Fake currency of Indian note.
Ø Deposition or saving of huge money by rich people.
Ø Lots of currency papers are used in today’s time.
Ø Average or almost equal value of Indian currency regarding neighboring country’s currency.
Ø Low infrastructure for terrorist to produced terror.
Ø Little amount of capital imports from developed country.
Ø Costly education and business in abroad for Indian citizen.
Ø Difficult to calculate the total capital of India.
Ø Damages of currency note.
Ø Per capita income is low.
Ø India is still a developing country.
There is only one solution for these entire problems.
(i) We have to change the currency using this parameter.
10 rupees = 1 new currency
Then one dollar ($1) = 4
Change of currency brings the price of all things reduce to 1/10th times.
Now average per capita income of middle class people is almost $813 and for rich people is $8140.
The difference is 10 times. Now, if we change the currency then the average income of poor people is $2930 and for rich people is remain $8140.
Now the difference is about 3% only.
v This change provides similar status among poor people and rich people.
v These steps are useful to enhance the living standard of middle class people.
The need of change of currency note is the only option in front of us and the new currency must be safer, strong, portable and non-copied.
v The new currency should be wash proof.
v Shorter in size.
v Radium coated / shines in dark.
v Non-torn able.
v Wrinkle free.
v Identify by touching.