Patience of people running out on demonetization.
Though on 8th November and for about two weeks after that the common men were all praise for NDA government about the demonetization, now the patience of the people seems to have run out. If this mood of the people remains, NDA will badly lose in 2019 election. The government and reserve bank must work on war footing to augment the supply of Rs. 100 and smaller notes, especially in the rural areas. Otherwise it will mean handing over the power to UPA in a platter. more
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I propose to write the following letter, also to Governor of Reserve Bank and Finance Minister on 16th December 2016. To Honourable Shri Narendra Modi, Prime Minister of India New Delhi Subject: Patience of people running out on demonetization. Sir, Though on 8th November and for about two weeks after that the common men were all praise for NDA government about the demonetization, now the patience of the people seems to have run out. If this mood of the people remains, NDA will badly lose in the forthcoming elections of Manipur, Punjab and UP. The government and reserve bank must work on war footing to augment the supply of Rs. 100 and smaller notes, especially in the rural areas. Otherwise it will mean handing over India to UPA on a golden platter. None of these notes (i.e. Rs. 100 and smaller denomination) should be demonetised until sufficient numbers of the proposed new currency notes are available at banks, especially the rural banks. Yours faithfully, D D Misra more
Dec 11
1. This opted method is the inevitable action plan and there is no other-go since had to be pre-implemented . 2. The Vast Sector of Corruption and Black Money naturally prefer various means AND , this was supported by Local Politicians and Political Governments and hence there is considerable % stating poor . 3. Many States though witnessed the facts of misuse and mismanagement of this Scheme through Media from 11th Nov., at Banks and post Offices , willfully , totally failed in deploying at least two Policemen which could have set right the mal-practices by 30 to 40% . 4. Some of the Banks at many Branches helped the repeat and illicit methods of Exchange . 5. There is absolute and immediate necessity to introduce Rs.200/- Currency , curb 100 after a month , and curb 500 and 2000 also after the Second month which will make good the inevitable lapses and lead the program to definite Success . BUT , THE OTHER CONDITIONS OF FIXING LIMIT OF CASH PAYMENTS AND , SALES / PURCHASES AGAINST CASH etc., promotive procedures are also Fast needed before this month end please . more
Dec 10
Punjab, UP, Uttarakhand and Manipur elections to be held before March 2017 will also be affected by the aftermath of demonetization. more
Dec 10
100s also comprise Counterfeit Notes and hence Rs.200/- Currency is to be flown fast . Shortage of 100 & below will exist till the Last date of validity of 500 & 1000 please. more
Dec 10
The govt should tackle the situation on war footing like fights any national calamity.People know that this is a bitter remedy but for their good only.But when a lie is said 100 times, that becomes truth and people start losing faith in the Govt.That should not happen and if that happens,the Govt cannot face 2019.So the Govt should ensure sufficient money supply with Rs.500/ and lesser denominations.No body wants 2000/notes other than black money hoarders or money launderers.There should be provision to accept 2000/notes back everywhere because no shop keeper will accept the same.Deploy army to help those in queue as if flood or earth quake situation is being faced by entire nation especially in rural areas.Do not make the opposition exploit the situation.Bring the normalcy at the earliest because too much time is wasted.People cannot afford to waste their time any more in queues as they have to earn their bread. more
Dec 10
