Demonitisation is not the for the first time. Yet it thrived and thrived well. There is no guarantee that it will not again raise its head.
The prime Minister did well to apply this again. But what was not expected the failure in the homework which his team of Ministers and Bank officials and advisors need to have done.
First the FM said on news channel that after 21 days everything will be well. with in 3 days PM said 50 days.
How could a assignment of this magnitude could have been undertaken without having sufficient back-end cash. How could they miss the thought that present ATMs will not accept the size of Rs. 2000 note. If Rs. 2000 could have been printed why not Rs. 500 which Aam Aadmi uses the maximum for daily purchase.
Time and Again ithas been proved that the dealing Managers depend on the sub-Managers on crucial issues and spoil a well directed policy.
Another important aspect not yet touced is while government wants to regulate the use of Plastic card, But at the local level the shopkeeper charges 2 to 3% for payment through Card. His plea is " Arre sahab humae charge lagtaa hai". This means still cash payment will be cheaper. Take it or leave it.
Make it mandatory that for Trade Licence or VAT or GST Sales and Purchase only card payment. All trade over and above Rs. 2000 will have to be through Card useage. Increase Card useage security
Demonitisation is not the for the first time. Yet it thrived and thrived well. There is no guarantee that it will not again raise its head.
The prime Minister did well to apply this again. But what was not expected the failure in the homework which his team of Ministers and Bank officials and advisors need to have done.
First the FM said on news channel that after 21 days everything will be well. with in 3 days PM said 50 days.
How could a assignment of this magnitude could have been undertaken without having sufficient back-end cash. How could they miss the thought that present ATMs will not accept the size of Rs. 2000 note. If Rs. 2000 could have been printed why not Rs. 500 which Aam Aadmi uses the maximum for daily purchase.
Time and Again ithas been proved that the dealing Managers depend on the sub-Managers on crucial issues and spoil a well directed policy.
Another important aspect not yet touced is while government wants to regulate the use of Plastic card, But at the local level the shopkeeper charges 2 to 3% for payment through Card. His plea is " Arre sahab humae charge lagtaa hai". This means still cash payment will be cheaper. Take it or leave it.
Make it mandatory that for Trade Licence or VAT or GST Sales and Purchase only card payment. All trade over and above Rs. 2000 will have to be through Card useage. Increase Card useage security
RBI order dtd. 2 Nov., instructed all the banks to prepare 25% of their ATMs with enough 100 rupee notes and gave 15 days time to do so. It is learnt. Announcement made much earlier on 8 before deadline without any preparedness by the banks. Wtht Pres approval.
PM and his rank & file members including all political parties were allowed to convert their black into white through lacs of their chamchas on their payroll. Now its over. Now the right hands of the rest of the people of the country, who do not even dream black, are bound to be painted in black ink
As per RBI legal money is fifteen lakh crores etc. After ban of high denomination the deposits into the banks crossed three lakhs crores in just 5 days. up to dec 30 definitely it is going to cross 15 lakh crores. what is the status of excess money received? legal or illegal? RBI should be prepared to answer for this.
a thief took away my money. police got the money but thief was not caught. he is roaming free and he will strike again.
Money deposited in bank or burned but Culprit is at large. He will be on his work from tomorrow with double force to make new money
The nation can not be run on gamble. economic decisions are to be made as per the principal of Economics.
The whole operation shows that every Indian has money hoarded in house though he is not a BM monger. Money in pocket gives strength and reassurance.
unaccounted money is not harmful till it is in circulation and not used for evil purposes. White money is disastrous if not circulated and used for evil purposes.
punished Black money maker and not the money because it has no colour. man is evil or good.
A Big Onion To All....... One Of The Worst Decision Taken So Far . If He Want To Control Black Money Why He Is Introducing 2000 rupee Notes ? Due To Politician Only This Country Our India Spoiling and Spoiled. Not Only Mr.Modi Many Of Them Are There. For Them To Escape From Some Fault T hey Creating Problem To Public In Many Way.... That Is True..... We Fools Are Believing... Those Who Are All Believing.. They Are All Idiots Of India . One More Thing.... In Indian History . India Met The Worst Prime Minister ...
Re: Vengaaaaaaaayam
by Krunal Gajjar on Nov 16, 2016 09:24 AM
Your every sentence is laughable... 2000 rupee note is for common Indian also not only for politician and the only way to get 2000 rupee is through Bank, not the other way around... now decide, who are the foll and idiot...