How much scrapping currency in India is fair? Alarming politics!
The most scintillating and shocking issue, that happened in the indian history is when the prime minister Narendra Modi elected in 2014 declared the scrapping away of rupee 500 and 1000, on 8 November 2016. The aim was eliminating black money from the economy.
Firstly , the spontaneous result was people dying of shocks and stress.
Almost 33 deaths took place, a rough data taken from Indian Express. Rather more than 40, or even more. Howsoever important is the economic debt situation, how much is it fair to sacrifice the innocent lives for eliminating criminals who are still hidden, unknown, even safe and are named as BLACK MONEY HOLDERS.
Where our whole judicial system is justice oriented. And if there is any one invisible innocuous person out of ten noxious ones,then all are not punished until and unless the Innocent is identified. There the public is unanswered for these deaths just for the reason of stress of money that is out of their reach which they have earned!
After ten days, limits has been decreased for the withdrawal and even money from the temples is asked to be deposited at bank. Specifically in Delhi. In the era of inflation, no answers are available for meeting expenses and paying bills within a least limited amount.
Children are forced to withdraw money from banks in a queue is omitted glance.
The data that can be derived from media sources is only four printing press in India cannot recover the currency exchange already taken away from people even for three months period. That our government proposed a matter of few days.
Printing more money will result in hyperinflation as happened before. Over a period of six months or so, the value of the German mark dropped 3.7 MILLION times! In Germany 1992.
Hence our country is already facing losses of 3000 crores.Leaders of bengal and delhi are openly challenging for the withdrawal of currency scrap decision which is economically irrational and had hardly happened in the history of the world. This can definitely lead to future bigger disputes.
The main question still is the decision for currency demonetizing is fair for removal of black money??
How far we have reached from the era of Independence. While there were 17 ministers at supreme power has now been converted to 75. And so on the IAS officers. And so on,has the expenditures increased! Approximately ten crore..
Still only those laws are implemented which are applicable since British rule rather than laws under transforming india.
Its is just that more of water, food , agriculture issues are left far behind and have became more complicated!
When are they going to get a leader for leading people in world’s largest economy?
That is, when the king is gonna feed his kingdom rather than being buzy at accumulation of power.
“बुरी व्यवस्था का तो कोई प्रश्न नहीं, कोई व्यवस्था ही नहीं थी।” as happened in early french revolution in 1789.
At the part of defence as well,situation is becoming even worse to handle. The pressure on the country is unbearable!
And many many more.. our indian public and political people both are being very irrational towards human resource and its development . Whatsoever they are discussing for raising indias economic growth.
With the increase in contaminant all over the subject of society, nature, resources etc ; it is becoming an unfit place to live in.
The answer is events are happening on the matters of probability in unplanned ways in our planning economy and a developing country. The perspective on development has changed loosing its essence!!!
The definition of a fully developed nation is still answered!!But for sure, this step of the Chancellor of india has raised questions .. to be answered in terms of stimulus we are getting from the actual citizen of the country (Aam Admi) comprising of middle class, lower class or higher class. Who are actually going to form a real nation with their ability to feel united or be self sufficient with food, water and education for the rest!Do remember,India is one of the largest democracy of the world! ✌
If you liked the post subscribe to get updates on more such post.