Real reason why Modi govt has carried out surgical strike on your pockets

[ashok321]

 

[jaunty]

On the face of it, this appears to be a good step, assuming the govt has done proper cost-benefit analysis before taking such a drastic measure. If the positives from this outweigh cost of production of new notes (plus the cost of old ones wasted), decrease in domestic consumption for a period, public inconvenience, especially of the poor class, then it is a good step. Even then this should have been implemented in a more efficient manner. It appears to me that the govt did not fully understand the magnitude of this and acted in haste. Right now it is a chaos, let's see how long it takes before things settle down. If things don't get better for the poor soon, Modi ji's surgical strike on opposition may actually backfire.

 

[ranjeet]

Ahh the whiners are back with a bang !!

 

[Trichy]

Only 1 % people hold black money; why are the other 99% being harassed for this: WB CM Mamata Banerjee

https://twitter.com/x/status/797389048587264001

bcos that 1% is too dangerous for the rest 99%

 

[The_Showstopper]

Ahh the whiners are back with a bang !!

Yeah the whiners
https://www.facebook.com/TheAiravta/posts/1522518424432267

 

[scorpionx]

On the face of it, this appears to be a good step, assuming the govt has done proper cost-benefit analysis before taking such a drastic measure. If the positives from this outweigh cost of production of new notes (plus the cost of old ones wasted), decrease in domestic consumption for a period, public inconvenience, especially of the poor class, then it is a good step. Even then this should have been implemented in a more efficient manner. It appears to me that the govt did not fully understand the magnitude of this and acted in haste. Right now it is a chaos, let's see how long it takes before things settle down. If things don't get better for the poor soon, Modi ji's surgical strike on opposition may actually backfire.

The system should have been a bit more full proof I agree. For example, many have exchanged Rs.4000 multiple times from different banks because there had been no instant verification. People will suffer for a while, that is understandable but isn't it a good thing that people who never paid taxes are forced to burn their notes and Mamata Banerjee has nothing else to do other than rolling on streets, provoking people without any result?

 

[The_Showstopper]

@ranjeet

Infact BJP was whining when UPA was in power for the very same reason, Another U-turn I believe

BJP predicted how hard demonetisation would hit ordinary people – when UPA was in power

http://video.scroll.in/821317/bjp-p...ld-hurt-ordinary-people-when-upa-was-in-power

 

[jaunty]

The system should have been a bit more full proof I agree. For example, many have exchanged Rs.4000 multiple times from different banks because there had been no instant verification. People will suffer for a while, that is understandable but isn't it a good thing that people who never paid taxes are forced to burn their notes and Mamata Banerjee has nothing else to do other than rolling on streets, provoking people without any result?

True, it is a nightmare for black money hoarders. I did not say I was against it.

 

[ranjeet]

Yeah the whiners
https://www.facebook.com/TheAiravta/posts/1522518424432267

Banks are exchanging old currency notes with new ones I don't see him complaining about banks refusing him.

 

[The_Showstopper]

Banks are exchanging old currency notes with new ones I don't see him complaining about banks refusing him.

Mate, it is not about exchanging the notes, it is about inadequate planning by the government when undertaking this plan and I can literally post many such videos and news articles where the middle class and poor have suffered. No one here is denying it to be a good move but it lacked serious planning or implementation.

Infact BJP was against it when UPA wanted to do something similar...

 

[ranjeet]

Mate, it is not about exchanging the notes, it is about inadequate planning by the government when undertaking this plan and I can literally post many such videos and news articles where the middle class and poor have suffered. No one here is denying it to be a good move but it lacked serious planning or implementation.

I doubt there was lack of serious planning but yeah implementation could have been better especially recalibration of ATMs machines.

Mate, it is not about exchanging the notes, it is about inadequate planning by the government when undertaking this plan and I can literally post many such videos and news articles where the middle class and poor have suffered. No one here is denying it to be a good move but it lacked serious planning or implementation.

Infact BJP was against it when UPA wanted to do something similar...

Oh come on these two are totally different incidents, UPA wanted to withdraw currency notes printed prior to 2005 not demonetize them and introduced new ones, plus Jan Dhan Yojna has added a decent amount of poor people with the banking system which was absent during UPA times.

 

[danger007]

On the face of it, this appears to be a good step, assuming the govt has done proper cost-benefit analysis before taking such a drastic measure. If the positives from this outweigh cost of production of new notes (plus the cost of old ones wasted), decrease in domestic consumption for a period, public inconvenience, especially of the poor class, then it is a good step. Even then this should have been implemented in a more efficient manner. It appears to me that the govt did not fully understand the magnitude of this and acted in haste. Right now it is a chaos, let's see how long it takes before things settle down. If things don't get better for the poor soon, Modi ji's surgical strike on opposition may actually backfire.

Do you think 2000 withdrawal per day is a good step? Can you full fill your daily needs with that amount. I don't think so. Folks in BJP are aware about it. There are incidents to support this version. I felt sad with people who committed suicides or dying to exchange or due to lack of id card.. this is note ban become fatal to the people who fixed their marriage in this week- month. A lady committed suicide as she can't convert old bills.

 

[The_Showstopper]

I doubt there was lack of serious planning but yeah implementation could have been better especially recalibration of ATMs machines.

Well the changes were decided to be made with in last 6 months

I doubt there was lack of serious planning but yeah implementation could have been better especially recalibration of ATMs machines.

Well the changes were decided to be made with in last 6 months

Oh come on these two are totally different incidents, UPA wanted to withdraw currency notes printed prior to 2005 not demonetize them and introduced new ones,

Even UPA wanted to introduce the new notes to get rid of black money as noted in my previous post.

plus Jan Dhan Yojna has added a decent amount of poor people with the banking system which was absent during UPA times.

Yet there are many who don't have access to banking system...
Currency ban: Only one-third have bank access; NE, backward regions worst hit

Source : http://www.hindustantimes.com/india...s-worst-hit/story-nC7gjNt8wLsTkOs3HuUXCL.html

 

[911]

most of these guys converted rupees into dollars

Haram ka khane wale, dusro se chheen ke khane wale itne hi desperate hai. For those who say it hurts poor more, what can hurt poor more than people hoarding crores and tax evading like they are kings?

2000 note and rolling back of old 500 & 1000 has no link. Many people knew about 2000 note before 8th.

 

[danger007]

Haram ka khane wale, dusro se chheen ke khane wale itne hi desperate hai. For those who say it hurts poor more, what can hurt poor more than people hoarding crores and tax evading like they are kings?

Whatever you are not ready to face consequence. Fake money will be demolished but those millionaire and billionaire who hide their money in foreign banks are safe. Of course small fish will die..