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33 Demonetisation Deaths In 7 Days: Hospital Casualties, Suicides, Heart Attacks And Even A Murder


Two men including one elderly die while standing in queue in Kerala goo.gl/dP0n6j

RS adjourned for the third time for 30 mins as Oppn ruckus continues - PTI
But why is the PM hiding in a rat hole?
Very sad to see this turning into a total disaster, no matter who is in power, common folks suffer, though how much bullshit Politicians feed to people about patriotism, a savior, a fix-all silver bullet grand plan etc

Blindly trying is worth than doing nothing
 
16 People Have Already Died After Demonetisation And It Has Only Been Five Days
The elderly are succumbiung to long queues, no cash to buy medicines is killing infants.
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DANISH SIDDIQUI / REUTERS
People stand in line as they wait to enter in a bank in Mumbai, India, November 10, 2016. REUTERS/Danish Siddiqui

Prime Minister Narendra Modi said yesterday it will take another 50 days for normalization of currency usage in the country. That may take a huge toll on people, going by 15 deaths that have taken place in just four days. And these are just the ones that got reported.

  1. In Mumbai, a hospital refused to admit an ill newborn because the parents didn't have legal tender. The child died. The government has allowed the use of old currency notes only in government-run hospitals.
  2. An 18 month old baby died in Vizag as the parents didn't have money to buy medicines. The private hospital refused to accept old currency notes of Rs 500 or 1,000.
  3. Doctors in Mainpuri in Uttar Pradesh stopped treating one year old Kush, suffering from high fever, after his parents ran out of 100 rupee notes. The parents brought him home, where he soon died, his father's 500 rupee notes now worthless.
  4. In Pali district of Rajasthan, the ambulance wouldn't take Champalal Meghwal's new born to hospital as he only had Rs 500 and 1,000 notes. By the time Meghwal arranged 100 rupee notes, the child had died.
  5. In Kushinagar district of Uttar Pradesh, a washerwoman came to know of demonetisation only when she reached a bank to deposit two 1,000 rupee notes she had saved. When told these were no longer legal tender, she died of shock.
  6. Kandukuri Vinoda, 55, a home-maker in Mahubabad district of Telangana, thought her cash savings of Rs 54 lakh were now worthless. She had earned the cash by selling land to pay for her husband's treatment, daughter's dowry and buy a smaller piece of land. She committed suicide.
  7. In Howrah, West Bengal, a man tense over demonetisation murdered his wife because she returned empty handed from the ATM. He felt she should have waited longer in the queue.
  8. In Kaimur district of Bihar, a 45 year old man died of a massive heart attack as he feared his daughter's would-be in-laws may no longer accept his old currency notes in dowry. He had saved up Rs 35,000.
  9. In Thalassery, Kerala, a 45 year man went to deposit Rs 5 lakh for the second day, after being unsuccessful on the first. He fell from the second floor while filling the deposit slip and died. An employee of the state electricity board, the man had taken the money as loan just the previous day. Local media reports said he was disturbed as he had not been able to change the currency notes.
  10. Vishwas Vartak, 72, died of a massive heart attack while waiting to deposit old currency notes at a bank in Mumbai.
  11. A 47 year old farmer had a heart attack waiting to exchange old currency notes in Tarapur in Gujarat. He needed money to pay farm labour.
  12. In Alappuzha, Kerala, 75 year old Karthikeyan collapsed before a bank and died. He had been waiting for an hour in the queue.
  13. In Udupi in Karnataka, a 96 year old man died waiting in a long queue at the bank, and the bank hadn't even opened yet.
  14. 69 year old Vinay Kumar Pandey, a retired BSNL employee, died waiting in a queue at the bank to exchange currency notes in Sagar, Madhya Pradesh.
  15. In Bhopal, a State Bank of India cashier died of heart attack. Bank employees have been putting in extra hours and handling large queues.
  16. A businessman in Faizabad, Uttar Pradesh, felt chest pain soon after watching prime minister Narendra Modi's 8 November announcement of demonetisation. He died before the doctor could arrive.

http://www.huffingtonpost.in/2016/1...-and-its-only-day/?ncid=fcbklnkinhpmg00000001
This was deliberately done to kill people. Modi is a war criminal.
 
India has a federal structure. Before taking such a step as banning highest denominations of currencies, All state finance ministers could have been called to discuss. The dictatorial regime is showing it's true color. Blind Sanghi retards with their Hindutva dreams still justifying whatever way possible.

Central government has all rights to do this move constitutionality,finance is a central subject. Reserve bank fundamentally works for the central government,thats why even tax revenue distribution is decided by the central government and nobody else.
 
I got the news that 80% of the people are in fact backing Modi's policy.
As of now the support is there. I hardly see any problem in Bangalore here as cash is available fairly easily. However govt should ensure that no effort is spared to get the money to villages, small traders and farmers.
Risk is still not mitigated for the govt.
 
Sri Lanka’s demonetisation pinched only the rich

Meera Srinivasan

21TH-THGRP-LANKAN



  • The Sri Lankan government declared 50 and 100 rupee notes illegal tender in the early 1970s.

    As India grapples with the implications of demonetisation, many Sri Lankans are watching it keenly. Not just those planning a trip across the Palk Bay but also others who remember a similar exercise undertaken by the Sri Lankan government in the early 1970s to declare 50 and 100 rupee notes illegal tender.

    It was the initiative of N.M. Perera, a renowned Left politician who was then Finance Minister. The Trotskyist Lanka Sama Samaja Party (LSSP) he led was in the coalition government, led by Sirimavo Bandaranaike of the Sri Lanka Freedom Party.

    The LSSP’s current leader, Tissa Vitharana, said the initiative came when there was evidence that large amounts of money had been out of the banking system. “There was a feeling that people had not declared their wealth for taxation,” said Mr. Vitharana, who served as a Cabinet Minister in the government of Mahinda Rajapaksa.

    Many economists have deemed the exercise unique in Sri Lanka’s monetary history.

    “In the process, the details of the owner were passed on to the Department of Inland Revenue. With this information, it was possible to rope in additional sums of tax,” wrote economist Saman Kelegama, in his commentary on N.M. Perera’s Policies and Achievements as Finance Minister, a book authored by senior academic Buddhadasa Hewavitharana.

    “There was not as much chaos as there seems to be in India now,” said former cricket administrator and businessman Chandra Shaffter, who was on a visit to India, when The Hindu contacted him. “At that time in Sri Lanka, ordinary citizens were not inconvenienced, only the rich who had hoarded money complained,” he recalled.

    According to W.D. Lakshman, economist and former Vice-Chancellor of the University of Colombo, the exercise brought a substantial amount back into the banking sector and helped maintain a healthy tax-to-GDP ratio. “It was a very innovative attempt. N.M. Perera had a long history of activism,” he said.

    “Ordinary people responded positively, while the upper middle class, particularly those who had kept money hoarded, had an issue,” Prof. Lakshman said. It was, some observed, part of a general resentment at the Leftist leader whom the wealthier classes saw as bad for business. Not very long after, Prime Minister J.R. Jayawardene, who won a massive mandate in the next general election, liberalised the economy in 1977.

    The positive response of the ordinary citizens was also to do with the strong banking sector in the early 1970s, Prof. Lakshman said

    The move hurt only those who had a lot of cash on hand, not others, said Devanesan Nesiah, a civil servant at that time. .

  • http://www.thehindu.com/news/intern...ion-pinched-only-the-rich/article16674578.ece
 

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There would be massive civil disobedience everywhere in China, if such outrageous policy was forced onto Chinese people.
There was no disobedience when even more outrageous policies of China such as CPC dictating on the personal lives of people like how many children Chinese could have.

This is a walk in the park compared to what China regularly implements on its people.
 
There was no disobedience when even more outrageous policies of China such as CPC dictating on the personal lives of people like how many children Chinese could have.

This is a walk in the park compared to what China regularly implements on its people.
One child policy is not a compulsion but an option. If you choose it, you're benefitted if not you lose benefits.
Your demonization is a compulsion. I am surprised since it's a democracy, doesn't these need to be passed by the parliament?
 
One child policy is not a compulsion but an option. If you choose it, you're benefitted if not you lose benefits.
Your demonization is a compulsion. I am surprised since it's a democracy, doesn't these need to be passed by the parliament?
Would you like me to tell you about the forced abortions in China?

This power is within executive domain. Parliament ratification is not needed.
 
Would you like me to tell you about the forced abortions in China?

This power is within executive domain. Parliament ratification is not needed.
Forced abortion? Forced abortion isn't forced again. It was their choice to choose and not forcefully aborted as you so like to frame it.
 

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