Tech And Political Entrepreneur Rajesh Jain Launches Dhan Vapasi, A Bold Political Movement To Form India’s First Government Of Prosperity - GADGETS & INNOVATIONS


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Wednesday, November 28, 2018

Tech And Political Entrepreneur Rajesh Jain Launches Dhan Vapasi, A Bold Political Movement To Form India’s First Government Of Prosperity

•        India urgently needs solutions to the hamesha problems of poverty, unemployment and corruption

•        A key prosperity driver is the return of India’s surplus public wealth of over Rs. 50 lakh per family

•        Movement begins to unite Indians on an agenda of prosperity ahead of the next Lok Sabha elections

•        Movement’s technology platform enables citizens to choose their own candidates via primaries

Political strategist and technology entrepreneur Rajesh Jain has launched a movement to form India’s first government of prosperity. ‘Dhan Vapasi’ aims to make every Indian rich and free – via a political and economic transformation based on a technology platform.

The income of an average Singaporean is 30 times that of an average Indian, the South Korean has 15 times higher income, the Chinese about 5 times. Fifty years ago, all these countries were roughly at the same level. Not only have India’s politicians and bureaucrats stopped citizens from creating wealth, they have ensured that Indians continue to face a triad of persistent problems: poverty, unemployment and corruption. About 30 crore Indians live in extreme poverty, more than the entire population of India at the time of independence. The median household monthly income is just Rs. 10,000. In a country with nearly 30 crore youth in their 20s, job creation is almost at a standstill.

The Prosperity Agenda
The most important initiative of such a government would be the return of surplus public wealth to every Indian. The wealth locked up in public assets (government land, public sector corporations, minerals) amounts to over Rs 1,500 lakh crore, or Rs 50 lakh per family. The government must return Rs 1 lakh to every family every year – as their rightful share so they can chart their own path to prosperity. This will empower the poor, reduce the size and power of the government and reduce corruption by minimising government interference in the economy. It will increase economic and civic freedoms, which will help drive growth and job creation.

The Dhan Vapasi Bill, when passed in Parliament, will enable the universal return of public wealth. The key aspects of the Bill, already sent to the Prime Minister and all MPs, are:

• It establishes four corporations. Surplus public assets will be identified by the Identification Corporation, which will ensure clear titles. The Restructuring Corporation will restructure the assets to optimise saleable value. The Auctioning Corporation will auction the assets and deposit the proceeds in the Dhan Vapasi Fund. The Fund Management Corporation will manage the Dhan Vapasi Fund and return the wealth to citizens of India using its beneficiary database

•  Each citizen will be entitled to Rs 20,000 – tax-free – every year directly in their account

• The process will continue until all surplus public assets are exhausted

A prosperity agenda must include lower taxes, unlocking of private wealth by ensuring clear titles to all property, a judicial system that ensures timely justice and investments in ‘good government’ (defence, police, courts, urban and rural infrastructure). A government of prosperity would abide by a core set of principles: liberty, non-discrimination, non-interference, limited government and decentralisation.

The Perversion Of Democracy
Democracy means government of the people, by the people, for the people. But that idea has been perverted and has come to mean government of political parties, by political parties, for political party bosses.

The people have been reduced to mere voters. Voters don’t have the power to choose their representatives and to have their voices reflected in the voting choices of their elected representatives. The political class chooses the candidates who contest elections, not the voters. These candidates therefore owe their allegiance to the party bosses, not to the voters. Candidates are announced just a couple of weeks before the elections, giving very little time for constituents to even know who they are voting for. Once elected, MPs and MLAs cannot even exercise their independent judgement because they have to vote along party lines.

Since party bosses hold all the power, the result is essentially a government by that small set of powerful people and that government works mainly in the interests of that authoritarian set.

For the government to be truly representative, these changes have to be implemented:

• Primaries through which local people can choose the best candidate from among themselves

• Parliament must listen to the people regularly. As a starting point, petitions can drive discussions in Parliament to ensure the concerns of the people are addressed

• The right of MPs to deviate from the party line and vote to represent their constituents

The country needs to rise beyond existing political parties and elect Independents who are the most focused and capable of delivering prosperity, rather than enriching themselves and pleasing their party bosses.

How Dhan Vapasi Is Different

Dhan Vapasi is different from other political parties. It is a platform that connects citizens with candidates, in the same way cab aggregators connect passengers with drivers. It is a decentralised movement – without headquarters and hierarchies. It is built bottom-up by the participation of people in every booth, neighbourhood and constituency. It resides on people’s phones, not in physical offices.

The Dhan Vapasi app powers the movement. The mobile-based political platform enables citizens to choose who stands for elections and, therefore, represents them in Parliament. This Lok Sabha of Independents will form India’s first government of prosperity, one that will genuinely represent the people’s interests.

Anyone can join Dhan Vapasi by giving a missed call to 95 94 543 543, or at or by downloading the DhanVapasi App. 

Mumbai, Maharashtra, India

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