Yes, let it be. Don't bother with such lot. You have people wanting to prove that the government in corrupt and is actually hoping that the government is corrupt and you have others sitting in around the globe and cribbing about the ground situation in India.
Almost any individual will accept that the process had flaws in terms of causing extra trouble to the common man and things certainly could have been handled better, no doubt about it. But there's no point in discussing this with people who actively want this to fail due to their political leanings and hatred.
Seriously,
@Akash said it very well in the last page. The reaction of some sections have been really eye opening. Everyone has made a huge hue and cry for years about black money, corruption, counterfeiting etc but at the first sign of change which always becomes with an adaption period which will be tough, people are clamoring for the status quo to be set again. We don't want change, meh, we just want our lives not to be a adversely affected in any way for a short time even for long term good. Statements like "but this will not eradicate black money" are just mind boggling. No shit.
I was so excited to hear this news on Nov 8th. But then i heard about the possible intentions behind the move and started to watch the events closely. Surely the implementation was horrendous, no doubt about it. But was it a politically motivated move as well? I have three concerns regarding this move.
1) What was the real reason behind this move? Was it a genuine attempt to curb black money and fake currency? Or was this a move with a lot of political agendas?
2) Government is pressuring the citizens to use plastic currency. How practical it is to implement such a huge change within a very short time in a country like India where at least 30% of citizens are illiterate? Most of the people in remote areas doesn't even have a bank account, forget about debit and credit cards. So, if the government is pushing for such a huge change, what will happen to those people who are illiterate without any knowledge on banking procedures and online transactions?
3) The concept of plastic currency itself is to be debated. I believe that one of the main reasons why India was able survive the global recession is that in India most of the transactions are made in cash payments. The markets were mostly dependent on physical cash rather than cards and online payments. This is a unique feature of Indian economy. I agree that the use of physical cash has some disadvantages. But the concept of plastic currency doesn't seems to fit the fundamentals of Indian economy. A move to plastic currency will unsettle Indian economy and will make it extremely dependent and vulnerable to external factors. I think a balance of physical and electronic payment system is necessary to keep Indian economy growing and at the same time to keep it safe from external factors.
It would be very helpful to understand the intentions of the Indian government behind this move if someone could answer me the following questions which i found on social media (please answer it with some valid proofs, not just for the sake of answering). I think these questions are serious enough to demand a detailed reply from the authorities. (The questions were addressed to the PM of India, i am not going to edit all of it)
1) Is it really worth inconveniencing 125 crore people if the total black money in currency is less than 6%? Imagine, just 6%!!!! Means, even if the total black money in currency is destroyed/seized, 94% of black money is still out there. And we all know that even half of that 6% currency can't be destroyed by this action. Black money holders are easily converting their currencies through many ways. So, is it really worth the struggles of 125 crore people? Is it really worth 70+ precious life's of your citizen? Is it really worth the 70% reduction in the daily business? Is it really worth the considerable slowing down of the economy? Is it really worth the weakening of Indian Rupee? Is it really worth the loss of manpower and productivity caused by this decision?
2) Could you have raided and collected more taxes by going after some of the super rich, who we all know are unethical in their business practices?
3) When you know that 80% of the wealth of this country is with less than 15% people, does your actions are really justified?
4) How about those Swiss accounts you so heroically were mentioning in your election campaigns? Do you have guts to even touch on that? Not just the names, even the Swiss bank account numbers are also available in the public domain? That was your election promise to the nation, you promised that the black money holders will suffer. But now all we see is the suffering of common man. Black money holders are still in the safe zone.
5) Why did you not start with abolishing black money funding to political parties? Do you have the guts to disclose who (which businessmen) gave how much money to your campaign? Who are you trying to protect by going after the common man?
6) Why was Vijay Mallya allowed to fly out our country when the entire defense and immigration departments in your hands? You can track poor NGO workers and stop them from leaving the country but you cannot catch a fraudster who has cheated thousands of crores?
7) What reply do you have on the loan wavering of corporate's including Vijay Malya's when the common man is running madly to legalise their hard earned money?
8) When you clearly knew that around 40% of Indian's still don't have a bank account and 30% of them are illiterates who either don't know or don't have facilities to legalise their hard earned money, was this the right action? It is also possible that millions of citizens in the very remote areas doesn't even know about these measures taken by you, meaning, their life savings will become just piece of papers by the end of coming month.
9) Your own party MLA from Rajasthan was claiming on video that this news was already leaked to the likes of Ambani, Adani and other leaders and they took required measures before your announcement. (I have personally verified the contents of the said video)
10) There were multiple reports that in Gujrat, your own party president, Mr. Amit Shah's team was actively involved in exchanging of old currencies to newer once on 67-33% basis through the cooperative banks ruled by your own party. Means if you give them 1 crore rupees (100 lakh) worth old notes, they will give you 67 lakh worth new notes. Have you looked into these allegations? (Allegation was made by Mr. Yatin Ojha, right had of Modi while he was the Gujrat CM. He claimed that he got video proof and challenged Modi to prove him wrong)
11) It was widely reported that Ambani invested around 150,000 lakh crores on Jio Sim. All the calls and data transfer using this sim are totally free till December 31. December 31st is also the final day to exchange the old notes. Is there any truth in the claims that Ambani is legalizing his black money through this?
12) Why did you appoint Mr. Urjit Patel as the new RBI Governor when it was obvious that the former Governor Mr. Raghuram Rajan was doing a fine job? Why did you not extend the term of Mr. Raghuram Rajan? Is it because Mr.Urjit Patel was the finance manager of Mr. Ambani? Don't you think that there will be a conflict of interest? Even if you had to change Mr. Raghuram Rajan, you had many other better option with much better CV's than that of Mr. Urjit Patel's. So, was this all pre-planned?
13) You were also saying that the currency printing process started 6 months before. If that's true, then why every new currency has the signature of the new RBI Governor? If the currency started to print before 6 months, then the signature on the currency must be of the the then RBI Governor Mr. Raghuram Rajan. Are you lying to the nation? (True)
14) A BJP MLA from Bihar said that days before Prime Minister's announcement, Bharatiya Janata Party (BJP) bought land worth crores of rupees. His won words, “Land was being bought everywhere… In other places too, along with Bihar… We are merely the signatory authority; the money came from the party… the plots were bought for building party offices and other purposes. They were bought up to the first week of November.” The news agency which broke this news even have the names of the new owners and the amount of money spend for these lands. What reply do you have regarding this? (I have personally verified the contents of the said video)
15) How did your party leader and their relatives got bundles of 2000 note even 2 days before your announcement?
16) How come an ex-minister of your party was able to conduct a 500 crore wedding just 2 days after your announcement? From where he got that kind of new currency? Or was he pre-paid all the payments, meaning he knew about this currency ban in advance? (Was all over the media, this was at a time when people can only withdraw a maximum of 20k from their accounts)
17) Did you know that the wife of a businessman in Gujrat purchased 20 crore valued gold just few hours before your announcement on 8th of this month? (
Allegation was made by Mr. Yatin Ojha, right had of Modi while he was the Gujrat CM. He claimed that he got an eyewitness to the above incident and challenged Modi to prove him wrong)
18) Why was your party bank accounts in UP and Bengal were credited with lakhs and crores of rupees worth 500 and 1000 notes just before your announcement? (The screen shot of the account statement of Bengal BJP bank account is available in the social media)
19) When all the other political parties are mostly in silent mode coz of the lack of money, you and your party is able to conduct huge election rallies and conferences in many states without any trouble? How is it possible? Was this the real intention behind the demonetisation move?
Answer these questions with honesty, I will happily stand in line for 24 hours to get my cash. When you run a political party and run a very expensive extravagant campaign with black money of rich and powerful, you cannot justify your intentions or actions. You are just harassing people. Clean up with filth in your house (i.e., corrupt political parties) before you launch a missile on the common man of this country.
