Since the news broke yesterday evening, it was like havoc kind of situation everywhere. People were clueless what to do. Suddenly, as usual, whatsapp and social media flooded with lot of message. I am part of various HR group, personal group, friends group and it was so irritating that wherever I had control, I had to tell people- stop it!
We had a group of people traveling from my town to Thane specially for traffic update (after failure of government machineries to control traffic , it was created to help the commuters to opt alternate route. The admin was very strict, he first warned and then started removing people. I had to warn the same thing to my school friends group. In another professional group, someone, a highly learned professional started telling those opposing or saying against it are pseudo intellectual. There was so much trash, so much garbage, unimaginable.
On facebook, one of my facebook friend expressed that this may cause inconvenience to general public then suddenly with the pseudo name "Aman Chain" started attacking him. What a sad. We found a new jokers who knows english but highly uncivilised. He said himself as a founder of a startup called sell24X7 and from Delhi. He had all bullshit statement propagated over the internet. For sometime, I felt he is being paid for it. Here is the snapshot:
He even does not have dare to reveal his real name. I doubt if he has dare to do so. Such venomous people exist in the society. He talked big about hinduism and when asked to help, he did not dare. Sad actually. Such social media "activists" exist who are basically unemployed people.
Now, here is my view about the issue:
Is the decision good?
Yes, definitely good.
the current decision of withdrawing old notes from circulation is more than the black money it is related to the supply of counterfeit notes distributed by ISI, terrorists organisation, our own countrymen due to greed. In US 1 out of every 1000 note is counterfeit and in India it is 250 out of every 10000 notes are counterfeit . To deal with it, It could not be communicated in advance and giving larger time gap would not have helped hence the immediate announcement just few hours time block is an appropriate decision.
Does it help to control Black money?
I doubt. Largest black money is with politicians from all parties and Modi cannot take risk of that. He will commit a political suicide by doing so. The black money owners are politicians, media houses, Industries , mafia and construction sectors. Although my mother is not a graduate, post graduate or something with so called qualification tag, her question in the morning was what if Modi have informed all politicians and they have taken care of all the cash they had. (and to think logically you do not need an educational qualification or a degree). I agree to her (mind it, my family is staunch BJP supporter and have voted BJP and Shivsena as an alternate option, telling this so Bhakta should not attack).
It may control black money at lower level such as small time businessmen and shopkeeper for a time being but not in a long run. Because as soon as the new note will come, the new notes will be in transaction but without accounting, without being reported as an income. *It wont hurt middle class regularly reporting true income and those with low income profile, salaries people not at all*
Option: nothing as such. Most of us salaried people do transaction through credit card, debit card, net banking etc so we need not to worry. We are allowed to withdraw 4000 per day that is more than enough.
All constructive criticism, politically not aligned and not flavoured with Bhakti are welcome. We are educated so need to apply logic rather than emotion.
Modi is a good marketeer he used his mother, wife, family and army and he won't let this opportunity to go and do maximum advertising and PR as attack on black money. Wrong or right, I don't know I leave readers to use their brain and own intellectuality to judge.
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