Ideas from Vasanth!

Simple. A weak dollar can improve the purchasing power of citizens in impoverished Nations. USD will weaken only when The United States of America wants so. A weak dollar will start the economy of the USA to grow due to rising exports from them. Why can't a Developed Nation continue to be 'Developing'? The current generation of Americans should not rest on the laurels of their earlier generations. Let America grow further by developing poor economies in the world. They should start this mission with Iraq & Syria. The USA is the Nation that spends more money on the military than any other Nation. If they can divert that money on diplomatic relations, then nobody can beat the USA and They will be Great Again. Russia and the USA must not be treated as rival Nations. They must unite in making Our Planet Earth into Heaven with their technologies and without killing anybody. Why should Russia and America confine their cooperation to space exploration? There are still many Hum...

Nowadays, philanthropists and social activists worry about the gap between The Richest and The Poorest. Many intellectuals say that only education can improve the lives of down-trodden while reducing the gap between rich and poor. I put my thoughts here on how education can be made accessible to All which will lead to the multi-fold rise in the Global GDP. The government must ensure private schools allocate 50% free seats in all classes with a set of regulations for the eligibility of a free seat in their institution. The financial status of every student must be kept confidential from the staff and their peers to avoid discrimination. Private schools that don't follow this rule must be penalized. The exponential rise in competition among students is ultimately beneficial for our society. Poor students must be reimbursed by the Government for the purchase of their school needs. Public schools can be closed in areas, where private schools are better than them, for saving costs to ru...

Way banks would function while embracing new technologies: No physical branches. Every banking need can be fulfilled with Internet Banking/ Mobile Banking. No ATM Network. Only digital currency and cashless transactions. No Public interfacing Staff like branch staff and Call Center staff. Only the IT Department and minimal Support staff for managing/ handling the requirements of the Bank's Customers. Automation of handling every need of the Customer. Even loans can be sanctioned online by verification of the borrower details with the Bank's IT systems interacting with the Government's public databases (for example Social Security Number in US/ Aadhaar in India). No more black money, for all the transactions are recorded without Human intervention. Only one bank account associated with every business entity or individual to ease the life of the Income Tax Department, which itself could be automated to a greater extent. Yes, we don't need banks anymore when everything is ...

We, All Humans, experience curing of our wounds with time. This miracle of GOD is termed as Self Healing, a biological attribute of Nature and especially of living beings. Items, which undergo wear and tear with usage or weather, can have more longevity by using Self-healing materials in production. Using and relying on such items can save time and money. If roads are laid out with Self-healing materials, then ROI (Return on Investment) will be very high due to the lowest maintenance costs. The same applies to the Construction Industry. Even, IT firms can roll out Self Healing Systems for managing the IT infrastructure of their Clients and save Time & Material. The telecom industry relies on Self Healing Networks. Also, Self Healing Electronics will be the buzzword of the future. I found the following search phrases for Self Healing on Google- algorithms asphalt bacterial concrete bio-concrete dental composites diabetes elastomer electronics epoxy coating fabric foam fuse grid hypn...

Governments must follow the below steps to bridge the gap between The Richest and The Poor: Raise the salaries of Government employees by 33-100% to curb corruption and increase the spending capacity of its employees. Such raise will bring in indirect tax money which can be used towards helping the poor by the Government. Make a new law, such that every public sector unit, private sector corporate and registered private business always share 33% of their annual gross profit with all its employees every year equally, irrespective of their designation, on top of their regular salary. This is against the current corporate culture where only promoters, management and investors become rich. The rest 66% of the firm's gross profit can be taxed at a reduced corporate tax rate. This will keep everyone happy and such employees will pay more direct tax. Many employees will have more money with them to spend, thus more indirect tax revenue for the Government. Note: The salary and benefits pro...