Thinking out of the box - these are unusual times requiring unusual solutions (with malice to none)

I have been hearing a plethora of solutions to perk up our economy even before COVID-19, as the Indian economy was already deep inside the crease trying to execute a forward drive since a couple of years.

  

As a layman, who has absolutely no knowledge of economy and its attendant intricacies, I have two simple steps to right our economy even after the ravages by COVID-19.

1.   Abolish all subsidies and provide for a universal income. Money will flow back into the economy spurring both demand and supply – details will have to be worled by NITi AYOG.

2.   Monetise the idle wealth of ALL religious institutions.

a.   It is simple logic to assume that the rulers collected and stored the wealth for use during a rainy day – it is poring now!

b.   Here is an example (from Wikipedia) of what we may have lying idle.

“ The Supreme Court of India had ordered an amicus curiae appointed by it to prepare an inventory of the treasure. Full details of the inventory have not been revealed. However, newspaper reports gave an indication of some of the possible contents of the vaults. About 40 groups of objects were retrieved from Vault E and Vault F. Another 1469 groups of objects found in Vault C and 617 in Vault D. Over 1.02 lakh (102,000) groups of objects (referred to as articles collectively) were recovered from Vault A alone.

According to confirmed news reports some of the items found include:

·       A 4-foot (1.2 m) high and 3-foot (0.91 m) wide solid pure-golden idol of Mahavishnu studded with diamonds and other fully precious stones.^[7]

·       A solid pure-golden throne, studded with hundreds of diamonds and precious stones, meant for the 18-foot (5.5 m) idol of deity

·       Ceremonial attire for adorning the deity in the form of 16-part gold anki weighing almost 30 kilograms (66 lb)

·       An 18-foot (5.5 m) long pure-gold chain among thousands of pure-gold chains

·       A pure-gold sheaf weighing 500 kilograms (1,100 lb)

·       A 36-kilogram (79 lb) golden veil

·       1200 'Sarappalli' pure-gold coin-chains encrusted with precious stones weighing between 3.5 kg and 10.5 kg

·       Several sacks filled with golden artifacts, necklaces, diadems, diamonds, rubies, sapphires, emeralds, gemstones, and objects made of other precious metals

·       Gold coconut shells studded with rubies and emeralds

·       Several 18th-century Napoleonic-era coins

·       Hundreds of thousands of gold coins of the Roman Empire

·       An 800-kilogram (1,800 lb) hoard of gold coins dating to around 200 BC^[7]

·       According to varying reports, at least three if not many more, solid gold crowns all studded with diamonds and other precious stones

·       Hundreds of pure gold chairs

·       Thousands of gold pots

·       A 600-kg cache of gold coins from the medieval period”

c.     There are many more Hindu Temples, Gurdwaras  and Churches who hold a lot of wealth – honestly I do not know whether mosques and other religious dispositions hold any such wealth or not

These are unusual times requiring unusual solutions (with malice to none)