Responses against the demonetization is largely based on the people inconvenience of standing in the bank line, and deaths tolls raising due to hunger, and now even apparently STD (seriously?).
Even when this was not enough media/people started coming up with conspiracy theories of the PM indulging and conspiring against his on country. I personally believe we Indians are big hypocrites because we want everything and along don’t want to put an effort towards it.
There was a very good tweet about the same – “Our Government does nothing, it’s useless, And when it does , ye kya hai, g**du government!”
I don’t want to be insensitive, but I want to ask people who are sensitive towards the deaths of poor people, which is being linked to demonetisation, if they ever wondered about number of deaths caused by hunger and poverty, which are often the results of corruption and black money?
According to latest FAO estimates in ‘The State of Food Insecurity in the World, 2015” report, 194.6 million people are undernourished in India. By this measure, India is home to a quarter of the undernourished population in the world. And I will add some facts with quantitative data for your reference 3,000 children in India die every day from poor diet related illness 24% of under-five deaths in India 30% of neo-natal deaths and 194.6 million people go hungry everyday.
So by this count, people have been dying out of hunger but that particular news doesn’t reach the common people, perhaps because these aren’t news worthy. No one keeps a count of how many are dying. No death tolls are flashed as is being done now. We just can not blindly follow what the media people throw at us.
Now talking about the planning and implementing the same; bringing the topic to a micro scale where you plan an event of marriage, you do the planning for months but there are some things you consider and some not, but in the end you do pull it off by implementing in on the way. Just like that brother, they have come up with many problems which were not accounted, but are changing according to the situation.
People thought there were loopholes in the system and tried to convert the black but again they controlled it, when and where necessary. For example Railways tickets were seen a hike in bookings and cancellation, with the news came up and a solution too. That does not mean poor strategy or poor planning.
My point here is the way the media puts in big letters of the loss which has been resulting due to the demonetization, but they fail to understand that this is just an cash crunch in the system, a temporary crunch which will eventually stabilize.
Where the rich with unaccounted money are spending at restaurants, pubs and other and forced to stay and put a limit to their expenditures. At a point you might say that this areas of expenditure have been running on a profit as they were fueled /pumped by the rampant black money in the market which now no longer exists, these people have had their share of candy and now they are forced to spit it out and apparently they are the ones who are or INDIRECTLY are revolting against it.
And why don’t we take a moment to see the other side of the coin? Where due to demonetization, the flow of money has been directed towards the banks. In economics, there is a theory called Multiplier Effect, where every time there is an injection of new demand into the circular flow, there is likely to be a multiplier effect. This is because an injection of extra income leads to more spending, which creates more income, and so on. The multiplier effect refers to the increase in final income arising from any new injection of spending. Just imagine the 2 lakh core deposit in 13 days in banks do when they will be running smoothly after the chaos settles. This is just one glimpse of digital India.
Along the same line, I would also add to this is that with time we will move towards equality in terms of taxation, where the salaried individual is forced to take the full burden of tax payments and the business class people enjoy the loop wholes in the system.
This is the time to walk and unite with the leaders and work for the better India.