09 November 2017

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Demonetisation Was it a success or failure a black day in History of India

Demonetisation Was it a success or failure a black day in History of India
8th October 2016 - Prime Minister Narendra Modi Banned the currency notes of Rs. 500 and Rs.1000

Now after completion of one year what India and Indian citizens got, which benefits Indian population is enjoying

For BJP as a party Demonetisation has helped BJP to win elections.
Demonetisation helped party to create a good image in the eyes of citizens of India where majority are emotional and do not deep into the reasons and benefits.

For India and Indian citizens – Because of Demonetisation Indian citizens got nothing.

I myself wrote an article in year 2011 demanding, supporting currency note ban.

Below is the link

Read the below article and you will understand why Demonetisation failed article was written in year 2011

Explained Real Reasons to Ban Currency Notes of Rs.500 and Rs 1000

Now let us understand why Demonetisation program note ban, note exchange program failed fully, it has given nothing to Indian citizens.

What is the object of Note ban Demonetisation?
To target black economy and destroy black economy

In reality what happened BJP Prime Minister Narendra Modi brought the currency note of Rs. 2000 which destroyed all the benefits which we Indian citizens were supposed to get because of ban on currency notes of Rs.500 and Rs.1000.

After note ban RBI received 99% banned currency notes which clearly proves that 99% black money got converted into white money.

There is no relationship between digital payments, Indian citizens going cashless and note ban, it became compulsory as government of India failed to provide new currency notes to Indian citizens on time.

Without note ban also government would have got success in increasing use of digital currency and digital payments.

Now once again cash is in the Hands of Indian citizens and majority are using cash.

India does not need any currency note whose value is more than Rs. 100.

Only corrupt people benefit because of high value currency notes.

Any intelligent person will prove you and fool you saying that Demonetisation has helped India lot.

Just ask them few questions?
Does India need the high value currency notes?
Answer is No.

Is it possible to encourage citizens to go cashless without banning currency notes?
Yes, it is possible
After ban on currency notes government agency Niti Aayog started a lottery to increase the use of digital payment.

Ask the political parties why they do not reveal source of their party income

Ask the political parties why they need funds from abroad for political parties

Why  political parties are  allowed anonymous foreign funds

Indian citizens got nothing because of Demonetisation.
Because of Demonetisation 99% black money got converted into white.

November 8, 2016 became a black day for the Indian citizens.

BJP lost the golden opportunity to make a real history which would have written name of Prime Minister Narendra Modi in golden letters forever.

Today people are using currency note of Rs. 2000 to do all the black deeds which they did using currency note of Rs. 500 and Rs. 1000 even terrorist are using new high value notes.
People are paying ransoms and bribes using Rs. 2000 note.

Today millions of people followers of BJP will tell you benefits of Demonetisation but when after 50 years’ new generation will start to study history it will surely understand November 8, 2016 was the black day in the history of India.

Still PM Modi has not lost the time, he can ban the currency notes of Rs.500 and Rs.2000 all the high value currency notes.

India and Indian economy will not suffer without the high value notes.

There is one and only one purpose of high value currency note is to support creation of black money and corrupt people.

Reality views by sm –

Thursday, November 9, 2017

Tags – 8th November 2017 Note Ban Black Day India History


Renu November 10, 2017  

I dont agree completely.