The critics says demonetisation exercise turned out to be futile
The critics says demonetisation exercise turned out to be futile
Well, the Main goal or objective of Demonitisation "ie: Checking Corruption and Black Money ultimately a fight against poverty" is being achived by now to a reasonable level, which attained by shifting to digital transactions by very large.
We had a worse economic situtation in 2014 ie: commodity prices, Property prices, College Seats, other expenses and wages were all going up every now and then. The World Bank lowered the GDP Projection for 2013-14 to 4.7% on 17/Oct/2013 and IMF projected average growth rate of 3.75%
On 9/Jan/2019 World Bank pegs india's GDP Growth for 2018-19 as 7.3%
HOW ONE CAN SAY DEMONITISATION IS FLOP !!! more
Well, the Main goal or objective of Demonitisation "ie: Checking Corruption and Black Money ultimately a fight against poverty" is being achived by now to a reasonable level, which attained by shifting to digital transactions by very large.
We had a worse economic situtation in 2014 ie: commodity prices, Property prices, College Seats, other expenses and wages were all going up every now and then. The World Bank lowered the GDP Projection for 2013-14 to 4.7% on 17/Oct/2013 and IMF projected average growth rate of 3.75%
On 9/Jan/2019 World Bank pegs india's GDP Growth for 2018-19 as 7.3%
HOW ONE CAN SAY DEMONITISATION IS FLOP !!! more
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EC Seized 135 Crores in Elections on 119 Seats in Nov. AP Police Seized 1.09 Crores on 13/3 while Elections notified on 11/3. THIS IS THE BLACK MONEY ORIENTATION IN POLITICAL AND BUSINESS FIELDS. INDIAN JUDICIARY , PARLIAMENT HOUSES, ALSO GROSSLY NEGLECT 6.8 decades. To implement 1st Guarantee of Constitution, i.e. JUSTICE, Social, Economic and political. Where is Sanctity, Decency and committed Rule of Indian Constitution ? Is the issue unanswered. There must be another Civil Disobedience OR A MARSHALL RULE. more
Mar 15
All those who do not want the GOI to locate the identified Suspicious DEPOSITS, ACCOUNTS, SHELL COMPANIES cornering Govt. to delay the process of finding the individuals/companies. They even creating unrest in general public concealing the Currency in Agencies and Middlemen of various Businesses while Card Swiping Machines were also not mandated in Government and Private Sector SINCE 2nd half of 2017. EVEN NOW, EDUCATION SHALL BE MADE COMPULSORY AND FREE/MOSTLY AIDED FOR COMMON AND POOR 'To have a better Electorate' . more
Feb 01
