Open AccessA BLUEPRINT FOR INDIA’S ECONOMIC FUTURE A Method to Address Economic Recession, Remove Poverty, Terrorism, Improve Law and Order, Reduce Drug Abuse, Inflation and Taxes in an Interest Free Based Economy
Author(s) -
Niaz Ahmed Khan
Publication year - 2016
Publication title -
scholedge international journal of management and development
Language(s) - English
Resource type - Journals
ISSN - 2394-3378
DOI - 10.19085/journal.sijmd030701
Subject(s) - treasury , economics , recession , order (exchange) , inflation (cosmology) , government (linguistics) , blueprint , bond , poverty , goods and services , economic collapse , usury , finance , economic policy , economy , law , macroeconomics , economic growth , islam , political science , engineering , mechanical engineering , linguistics , philosophy , physics , theoretical physics , theology , politics
I have developed a new financial instrument which will be much more valuable than the bonds or the treasury bills government sold in the open market to raise much needed funds to run the country. These are all interest based instruments and can only be used by institutions. The instrument I am proposing is without interest and will be used by everybody to purchase goods and services in the government and the private sector resulting in up to 66% discounts. This is why these will be massively bought up front in large amounts in the shortest period of time of one month to run the country for at least a year and much more by the end of the year.