NEWS

Sunday 18 December 2016

Demonetisation Rocked Major Corrupt In India Where Even Common People Got Squeezed, How Remonetisation Can Stabilize?


Just fifteen days to be left before the climax of 50-days demonetisation is to end where common men life trend have got disrupted due to few corrupt practitioners including emerge of money launders, though better phase through remonetization has been assured by the government.


Scenario would not have worsened if backdoor bank money laundering cases would not have taken place due to which normal people’s life had been hit hard. Previously government was taking the blame for creating financial anarchy in the nation but now citizens themselves are to be blamed. 


Remonetization by replacing old currency with new ones including digital cashless payment before sufficient fresh mint new notes arrives from money producing factories can it smoothen rough phase of the people after 50-days demonetisation deadline?



Recovery of fresh new notes from money launders brought to notice that there are available amount of cash but who is cheating illiterate workers in delivering their rightful money? Why all class people are making lines? Why queues does not cut fast in small size in various rural to metro regions? Corrupt people previously had made circulation of money faint and now banks are thrush with money in trillions why still people are unable to access their money?


Remonetization can become an uphill task if we do not get the estimate where the money produced by RBI’s four printing presses at Nashik in Maharashtra, Salboni in West Bengal, Dewas in Madhya Pradesh and Mysuru in Karnataka flushed at what destinations? Even previously many a times note design had been changed but why limitation in cash inflow has not been counteracted then?




May be the answer lies within the public as they are responsible citizen and future of India then why they are keeping silent against illegal activists who have made their lives miserable? Be it Government or Corrupt or Illegal activists, why in a democratic region people have become numb to take action to achieve their rights they deserve? Why should only a third party speak for people? People have no voice or choice left apart from getting squeezed up?

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