There was a realm of patriotism and praises of Narendra Modi in cats and dogs when he stepped out of the Union Cabinet meeting declaring the ban of 500 and 1000 notes from midnight on 8th November, 2016. Without a pinch of doubt, its a clear fact that is measure was a bold one and the sole motive was to curb the black money corruption. The better counterpart was when he did not allow the black money holders a stance to convert their black money to white through conversions and franchise. Post declarations, there were predictions around property prices going down and terrorism from Pakistan coming down to zero. Indians have full fledgedly kept on supporting and still hold the same stand with full might.
But now comes the real issue! There was a sigh of relief when there was a counter declaration that ATMs and banks would be closed for one and two days and then things would be back to normal. The PM and RBI has consistently promised the citizens that things would get back to normal from 11th November and have declared banks to be open. Now if we move out and check the current scenario of the country, there is something abnormal about it! ATMs and Banks are running cashless and they have been running out of cash for the past 6 days. We as middle class people have got access to online transactions and purchases, but what about the poor people? They have no other modes of expenses other than cash transactions. The banks are getting cashless after 1-2 hrs of opening daily and then all they are left with is the newly launched rs, 2000 notes! This is another big issue now. No one in this country has got changes of Rs. 2000 and even if they have, people are not deemed to risk up and give the change. So common people are left with no other option than to hold that amount in hand and hover hopelessly. The fruit and vegetable vendors are not being able to sell their stuffs since people have no cash and they dont have access to ATMs and Bank accounts. They somehow make their living. Shops have no supply in the market since cash transactions have come to a hault. People standing outside the ATMs and Banks fighting and crying! Guards in banks and ATMs comes out after 1-2 hours daily notifying that they are left with no cash.
Now lets evaluate the other side of the wall! 3 deaths and suicides have occurred in 3 days since the Doctors have refused to accept the old currencies and the woman was pregnant. The child died first and then the woman committed suicide. There must be a query, why cant people suffer a bit for a better India? A quite valid question and all of us looks for a better India with tremendous growth in terms of GDP but the question is will this plan really succeed? Its very easily comprehended that this bold step was declared and decided without any effective planning. The consequences were not taken into consideration and no measures were taken to combat the harsh part of it. Everyone would like to foresee a better India but can i see it at the cost of lives of the poor people at present? What if they completely run out of cash sometime? A plethora of thefts and suicides will follow and this will lead to outrage and protests. We still do not have a written statement by the PM or RBI governer regarding the exact tenure of this inconvinience. People in this country are still in darkness with no assurance of how much time will they have to remain cashless! So summing up every aspect, what i can foresee right now and conclude is that, this step is indeed the bold and best one to make a better India but if the situation at present is not bought under control, the consequences will turn out to be severeand uncontrollable. To question again, can we see a better India at the cost of the lives of poor people at present?
But now comes the real issue! There was a sigh of relief when there was a counter declaration that ATMs and banks would be closed for one and two days and then things would be back to normal. The PM and RBI has consistently promised the citizens that things would get back to normal from 11th November and have declared banks to be open. Now if we move out and check the current scenario of the country, there is something abnormal about it! ATMs and Banks are running cashless and they have been running out of cash for the past 6 days. We as middle class people have got access to online transactions and purchases, but what about the poor people? They have no other modes of expenses other than cash transactions. The banks are getting cashless after 1-2 hrs of opening daily and then all they are left with is the newly launched rs, 2000 notes! This is another big issue now. No one in this country has got changes of Rs. 2000 and even if they have, people are not deemed to risk up and give the change. So common people are left with no other option than to hold that amount in hand and hover hopelessly. The fruit and vegetable vendors are not being able to sell their stuffs since people have no cash and they dont have access to ATMs and Bank accounts. They somehow make their living. Shops have no supply in the market since cash transactions have come to a hault. People standing outside the ATMs and Banks fighting and crying! Guards in banks and ATMs comes out after 1-2 hours daily notifying that they are left with no cash.
Now lets evaluate the other side of the wall! 3 deaths and suicides have occurred in 3 days since the Doctors have refused to accept the old currencies and the woman was pregnant. The child died first and then the woman committed suicide. There must be a query, why cant people suffer a bit for a better India? A quite valid question and all of us looks for a better India with tremendous growth in terms of GDP but the question is will this plan really succeed? Its very easily comprehended that this bold step was declared and decided without any effective planning. The consequences were not taken into consideration and no measures were taken to combat the harsh part of it. Everyone would like to foresee a better India but can i see it at the cost of lives of the poor people at present? What if they completely run out of cash sometime? A plethora of thefts and suicides will follow and this will lead to outrage and protests. We still do not have a written statement by the PM or RBI governer regarding the exact tenure of this inconvinience. People in this country are still in darkness with no assurance of how much time will they have to remain cashless! So summing up every aspect, what i can foresee right now and conclude is that, this step is indeed the bold and best one to make a better India but if the situation at present is not bought under control, the consequences will turn out to be severeand uncontrollable. To question again, can we see a better India at the cost of the lives of poor people at present?
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