Re: Government scraps Rs 500 and Rs 1000 notes! Quote:
Originally Posted by carwatcher
Rather than spreading intense negativity it would help greatly if everyone does his bit to support the govt and even if not govt then the poor common man about whom everyone is concerned.
I remember reading somewhere that 'In the process of becoming Modi-haters, they didn't realise when they turned into India-haters.'
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In a democracy, people have the right to criticise their govt. As far as support is concerned there is no option but to go with the ruling. But to assume the govt is morally and legally unquestionable is funny and naive. "anti-Modi is anti India" that seems to be the flavour of the season. Quote:
Originally Posted by PetrolRider End of the story, the move did not Impact me at all. |
Good for you. It didnt affect me too. Hurray for that. But outside us, people are facing hardships. And yes if I want 2k of my own money I dont know how much time it would take me, that is not a thought which makes me happy. Quote:
Originally Posted by ptushar ...
When 26% of your economy has turned into a black economy then dire steps are required. Yes, one can argue (in hindsight) that the implementation is poor. But for the scale and size of this operation and they fact that secrecy was the key, one should expect things to go wrong. But if this move is good for us for the long run, then a few months of hardship is not such a bad idea.
Let us try and help out the needy at this time, rather than spreading rumours or negativity. The step is already taken. And if (for some reason) the government is forced into backtracking on this then we citizens will repent for our life that we had that one chance to change this country and we blew it. And then the hoarders will find a new kind of confidence that *nothing* can ever touch them. It will be a victory for the cheats and yet another defeat for the honest. |
The move though sudden comes with a self defeating purpose of the newly introduced 2k note. I have already seen a bundle of 2 lac in 2k notes at the counter of a sweet shop who doesnt accept cards for purchases less then 200. Funny thing is he makes most money by selling 10 rupee samosas and other snacks. How much of that money is going to the govt? your guess is as good as mine. I dont want a rollback, but I wont be fooled to believe this is for the "greater good". Quote:
Originally Posted by rdhawan15 Yes, this step of demonetization is in the right direct. There is obviously pain associated with it during the transition. Give sometime for transition period to roll over and the final deliverable should help the country at large. |
Though the initiative is right, its all bark and no bite. I dont see any major change in the way the society functions. The poor are made to wait in queues, the corrupt are laughing and business people are having exciting and innovative times. The way the govt has made the common people toil for their own money, it now seriously owes the public. This "final deliverable" that you mention of is the proverbial carrot which the people are being promised. Quote:
Originally Posted by sudev Veeresh Malik, journalist and a friend, writes this: |
Very funny. Can you pay an autowallah without cash? Many people spend minimum 20-40 rs per day hailing a share auto to the railway station. Was there any intent of making these services cashless? Are all the Govt cash counter equipped with debit card swipe machines? Online payment yes! card swipe no! Does the traffic constable use a machine to accept fines? why not?
Other than opening Jan dhan accounts and drive against black money I didnt see any initiative to encouraging masses to make cashless transactions. I didnt see a drive to promote, encourage make ETC/ RFID tags to pay toll the way railway promotes smart cards (which we buy by paying cash at the counter)? For a one way toll why cant I use my card?
In a village if the govt decides to provide free healthcare, it will work only if there are enough beds/medicines/medical personnel etc. i.e infrastructure. We dont have a cashless infra structure at the bottom level of society. Fine Ola, bigbasket and flipkart works fine for you and me, but does that mean the vegetable vendors in the market should suffer because they didnt know their patrons wont have "black money" soon? Was there a drive to make them go electronic? There are illiterates who cannot operate a mobile leave alone set up a paytm account should they just retire and die?
This is a charade and the motive needs to be questioned. People are bearing with this thinking that post this only good things will happen to the economy. Ill be the happiest if it does, but only time will tell.
Last edited by SDP : 18th November 2016 at 18:42.
Reason: Quoted post has been edited. Your response to that part has been deleted as a comment on politics
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