Passive black money creators
I am surprised by argument why there is restriction on withdrawal of my hard earned money. Why you want to withdraw and change all the money you have on the first day itself knowing very well the massive volume involved. They are passive black money creators. They are more cancerous to the Indian Economy as passive smokers are more vulnerable to cancer.
Hope these elements will support this bold and massive exercise of eradicating black money. Some argue that cash is tip of iceberg of black money. But they forget that it is the means through which it is created. If this life line is cut naturally creation of generation will be delayed.
Unfortunately passive black money creators want instant creation of black money with new currency. more