Surgical precision ; Operation successful :
# Demonetising the high value notes : Good motive to demolish Black money and terror funding .
# Implementation: Smooth / OK / Rough / Failure
*Facts :
No doubt the poor without Bank out or A.T.M. card had suffered the 4 days.
Even A.T.M. card holders as the machines went dry within an hour of filling as more notes had to be filled the same capacity with lower denominations.
* In my opinion I will not at all vote for smooth, looking at the attached pictures . All of you would have seen this sort of pictures in reality as well as in your town dailies. The planning was good at the Macro level ; couldn’t think of the common man as a very small group without proper exposure to the grass root would have planned in a well closeted room. That is good secrecy maintained .
Targeting any section : Perpetrator’s of Economic offences / also opposition / definitely not the common man .
* Well if it is targeted at the opposition did or do the opposition have such money ? Targeting the opposition in the election states ; Opposition having Black money meant “ cash for votes ? If so welcome . Another deserving blow below the belt.
* Well all know full well it is not targeted at the common man . Though they had lot of difficulty as there was no circulation of money to be paid for their wages ; neither they had Bank accounts or A.T.M. Cards .
* How much will this hit the culprits below the belt ? [they need that foul punch as in Boxing so that they don’t recover for some time ]
# Expected outcome : Major portion of the parallel economy smashed / Terror reduced to a negligible level.
*Former Finance Minister P. Chidambaram has said the counterfeit currency is just 400 Crores.
*So the major perpetrators are the greedy selfish villains, yet remain as shameless Indian citizens.
# What else could have been done, knowing full well about the psyche of me and fellow citizens. We have all been having an insecure feeling irrespective of our socio economic educational background . May it be a cinema theatre, Ration shop, Bus stop, Railway station’Q’ , Even at toilet outlets we have the insecure feeling and unable to wait or come in the ‘Q’ :
# Could have done the following :
* Thought about the common man who can’t buy provisions who has been buying on a day to day basis.
*Instead of releasing 2,000 denomination 1,000 and 500 could have been released . So that at least cheque withdrawals could have been raised from 10,000 . And the note dispensing time at Bank counters could have been reduced to cater to more clients .
*What was the hurry for 2,000 notes to be released when public had zero 500 notes that could fetch them merchandize ?
* Again problem of changing in the day to day purchase [which I witnessed even big super markets Without 500 , 1000 how much of 100’s can the stores return.]
* In the absence of 500 & 1,000 more 100 denominations could have been released . If that was so the exchange amount could have been raised from 4,000 to avoid multiple exchange by the same individual at various outlets
*Or Printed more 100’s to match the exchange or A.T.M. withdrawals.
BUT FOR THE LAST 6 GOVERNMENT COULD HAVE DONE WELL . WELL TAKE THIS AS A STEPPING STONE . more