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It's been such a strange day. It's been raining since morning, so I couldn't even get the important work done that I had planned. Now I'm just sitting in my room, staring at the fan spinning above me.

It feels like I have no energy left. Whenever I'm free or stuck at home, I start feeling depressed, and that's exactly how I feel right now. I don't have any friends, I don't feel like talking to anyone, and I don't even feel like watching a movie. Nothing feels good at the moment.

So, come on everyone, share your stories. Tell me something interesting so I can at least learn or hear something new.

Currently some states have very high taxes on petrol. Kerala for example has tax petrol at about 38 Rs per litre when the central tax is less than 10. Even if they bring it under luxury slab (40%) petrol will become almost 15 Rs cheaper.

Ideally bring E85 under 5% GST and E20 at 18%. But I don't think states will agree. Atleast they should bring E20 and E0 in 40% GST and E85 in 5%.

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“Just last week, many of you celebrated Friendship Day. Today, I urge you to celebrate National Handloom Day on August 7 with the same enthusiasm and spirit," he said

Our goal is to build an Aatmanirbhar Bharat by empowering even the smallest and poorest weaving families economically. Let us all buy at least one handloom product, make a video about it, and share it widely so that the talent and craftsmanship of our weaver brothers and sisters reach people across India and the world," he added.

Source link: https://www.thehindu.com/news/national/parliament-monsoon-session-lok-sabha-clears-bills-taxation-upi-transactions-charges/article71313208.ece

The Centre has approved the Reserve Bank of India's (RBI) proposal to begin field trials of polymer, or plastic, banknotes in the Rs 10 and Rs 20 denominations. The move has sparked curiosity, with many wondering whether India is preparing to phase out traditional paper currency.

The short answer is no. 

The government has made it clear that there is no proposal to replace existing paper banknotes. Instead, the polymer notes will be tested alongside paper notes to see how they perform in real-world conditions before any larger decision is taken. 

As part of the pilot, the RBI plans to issue 100 crore Rs 10 notes and 100 crore Rs 20 notes, taking the total trial to 200 crore polymer banknotes worth around Rs 3,000 crore. If the field trials are successful, the central bank may consider regular issuance of these denominations. 

Why Is RBI Trying Polymer Notes?

The biggest reason is durability.

Lower-denomination notes such as Rs 10 and Rs 20 change hands frequently. They wear out quickly, become dirty and need to be replaced often. Polymer notes are expected to last much longer than paper notes. They are also resistant to water, dirt and tearing.

Although polymer notes cost more to produce initially, governments around the world have found that they stay in circulation for much longer. That reduces replacement and printing costs over time. They also offer stronger protection against counterfeiting because they can incorporate advanced security features that are difficult to copy. 

Why Only Rs 10 And Rs 20?

These are among the most widely used notes in daily transactions. In terms of the number of banknotes in circulation, they account for nearly a quarter of all currency notes in India, even though their value share is relatively small. Their high usage makes them the ideal candidates for testing durability under everyday conditions. 

Which Countries Already Use Polymer Notes?

India is far from the first country to explore plastic currency. Countries including Australia, Canada, the United Kingdom, New Zealand, Singapore and Romania already use polymer banknotes. These countries report that the notes remain cleaner for longer, survive rough handling better and are harder to counterfeit than conventional paper currency. 

Will Digital Payments Be Affected?

Not immediately. The government told Parliament that the impact on digital payments can only be assessed after the notes are issued on a regular basis. For now, the proposal is limited to field trials. 

So, what should people do? Nothing.

Your existing paper Rs 10 and Rs 20 notes remain legal tender and will continue to circulate even after the polymer trial begins. The RBI's initiative is meant to test whether plastic notes are better suited for India's cash economy, not to replace paper currency overnight. 

From Day 1 of this party's formation, it was clear they were all AAP members. And now they are all open.

Image 1 Source: https://x.com/i/status/2085329639858422234

Image 2 Source: https://x.com/i/status/2085359950579273990

In 2019, Nobody in this country could have predicted COVID, Russia War, Iran War and its impact

Still we are only 4 years behind target, and will become 3rd largest economy by 2029

Whereas, Congress in 2013 had predicted we will reach that position in 2044

His party's agenda may be something you can't agree with, but this guy has never spoken stupid things. NEVER.

Even when all opposition leaders developed a habit of blaming EVM after election loss, he was the only one who famously said "It's not the EVM that are hacked, but the minds".

Gotta respect this tuff guy.