The relationship between the State and the citizen is one between a helpless, bound and gagged damsel and her rapist captors. And everyday the captor devises a new way to violate his victim. Thus while I was jolted, but not really surprised when a mail arrived from Paypal announcing new RBI 'guidelines' (Disclosure -this blog manages to make some nickels via Paypal). Notice the Orwellian use of the word 'guidelines' -as if the RBI is cajoling you to do something nice when in fact it is simply asking you prepare yourself for more screwing:
Is Indira Gandhi the prime minister again? Is Nehru still frolicking at the Teen Murti Bhavan with Edwina? Is Soviet style planning back in fashion?
The prospect of getting screwed in such creative ways has evoked some colorful comments(from the same link)(screenshots)-?
Indians may be oppressed but we are expressive!
Does anybody smell a Tunisian style revolution welling up from the Paypal users?
Even if all the CONgressis and othergangs politicians fled by planeloads with tonnes of gold(a la Tunisian President's wife), we would have got by cheaply. Free of the scum, we can then at least build a truly free India. Who prefers to live under Manmohan Singh's boot and Sonia Gandhi's jooti*? Not me.
Original Paypal announcement here.
* The colorful Indian language translator-
Jooti or Jutti- a traditional Indian shoe.
Here is the impact of amendment:
PayPal will not allow users in India to receive more than US$500.
Starting 1 March, 2011, PayPal customers in India will not be allowed to receive payments for any export-related goods or services for an amount exceeding US$500 per transaction. This change is to ensure that we continue to comply with the RBI Guidelines.
PayPal will not allow Indian users to keep money in PayPal balance.
Starting 1 March, 2011, PayPal customers in India will not be able to keep money in their PayPal account balance. Instead, all money received into a PayPal account must be transferred to a customer’s India bank account within 7 days from the receipt of confirmation from the buyer in respect of the good or services. This change is to ensure that we continue to comply with the RBI Guidelines.
Customers in India will NOT be able to complete their checkout with their PayPal account balance.
“We’re glad that you offer PayPal to your customers. Unfortunately, we will not allow customers in India to send money from their PayPal account balance starting 1 March, 2011. This means that your customers will need to link a credit card to their account in before sending you money with PayPal. This change is to ensure that we continue to comply with the RBI Guidelines.
Overseas customers will not able to complete purchase or pay via PayPal for amounts above $500.
Starting 1 March, 2011, PayPal customers in India will not be allowed to receive payments for any export-related goods or services for an amount exceeding US$500 per transaction. If you are listing products greater than US$500 per transaction then you may need to seek alternative methods of payment. This change is to ensure that we continue to comply with the RBI Guidelines.
Is Indira Gandhi the prime minister again? Is Nehru still frolicking at the Teen Murti Bhavan with Edwina? Is Soviet style planning back in fashion?
The prospect of getting screwed in such creative ways has evoked some colorful comments(from the same link)(screenshots)-?
In particular, from Debasish-
RBI governer, PM, FM, President ki maa ki aakh.
Indians may be oppressed but we are expressive!
Does anybody smell a Tunisian style revolution welling up from the Paypal users?
Even if all the CONgressis and other
Original Paypal announcement here.
* The colorful Indian language translator-
Jooti or Jutti- a traditional Indian shoe.
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