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Demonetisation: It's a monumental disaster in the offing!


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Ram kumar
Demonetization
by Ram kumar on Jan 07, 2017 01:04 PM

The present trend is in name of bhakti infuristed by pseudo nationalism all wrong is made right and any one even if right is abused in social media see debates by .....It is bad for democracy and who says low inflation is growth.Yes ...pass economist

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MS Vasan
James Wilson or James Bond?
by MS Vasan on Jan 01, 2017 03:06 PM  | Hide replies

Who is this James....Bond?
When De-Mon is already a success, this man writes and Rediff publishes a negative article claiming it to be a disaster.
This is going to be a disaster for your website, if you continue such tirade against the nation..

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Aatish  Sahu
Re: James Wilson or James Bond?
by Aatish Sahu on Jan 07, 2017 01:08 PM
Intelligent people wait and watch.
More than Intelligent try to find good in De-Mon process.
But... The SUPER BRILLIANT (PARMATMA) can only tell future..That is REDIFF.COM and ITS BOARD and its JAMES BOND!!! So we all should bow here and stop discussing further.

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poonam shree
Demonetization disaster
by poonam shree on Jan 01, 2017 02:54 PM  | Hide replies

Disaster is a rather strong term to use for a simple phasing out of trouble causing denominations of the currency. Reading the article raises hopes of controlling the menace of inflation because if there is less supply of money there will be less inflation for inflation in simple terms is too much money chasing too few goods.

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Goutam Nayak
Re: Demonetization disaster
by Goutam Nayak on Jan 07, 2017 11:37 AM
Is negative or zero inflation good for economy? instead of giving nonsense comments ask your Chawala economist or his headless puppet RBI governor!

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JA
Same mistake made in 1978 and now repeated
by JA on Jan 01, 2017 05:44 AM  | Hide replies

Why they make the same mistakes again and again then how will people trust them.

They are unable to build people trust

The Janata government had lesser success in achieving economic reforms. It launched the Sixth Five-Year Plan, aiming to boost agricultural production and rural industries. Seeking to promote economic self-reliance and indigenous industries, the government required multi-national corporations to go into partnership with Indian corporations. The policy proved controversial, diminishing foreign investment and led to the high-profile exit of corporations such as Coca-Cola and IBM from India.[7] But the government was unable to address the issues of resurging inflation, fuel shortages, unemployment and poverty. The legalisation of strikes and re-empowerment of trade unions affected business efficiency and economic production.

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RAJA HINDUSTANI
Re: Same mistake made in 1978 and now repeated
by RAJA HINDUSTANI on Jan 01, 2017 02:19 PM
THE CHAIWALA DID A BLUNDER, ONLY THE COMMON MAN HAS BEEN HARASSED, AND SOME BJP CADRES MADE CRORES

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Prakash Bedekar
Demonetisation
by Prakash Bedekar on Dec 31, 2016 06:13 PM

From the response of Hon PM and his chamchas it is more than clear that they do not care about sufferings of common man due to disastrous effects of demonetisation on farmers, workers and honest middle class. But is it not our own fault that we elected them on the besis of false promises?

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Ramakrishna Rao
Spectacuar Success
by Ramakrishna Rao on Dec 31, 2016 06:11 PM  | Hide replies

This writer âs anti BJP n Anti Modi views are familliar for a long time.The very fact that there r no protests or riots by the people itself an ample testimony of its popularity n usefulness.Coming to statistics mentioned in the article there r any number of counter views to negate them.

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Prakash Bedekar
Re: Spectacuar Success
by Prakash Bedekar on Dec 31, 2016 06:16 PM
One does not have to be anti Modi to see the sufferings of common man due whimsical and financially suicidal decisions of one mam

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Divakar Shetty
Re: Re: Spectacuar Success
by Divakar Shetty on Dec 31, 2016 09:54 PM
For a change your common man must be tax eveder, cash hoarder and need lakhs on regular basis to spend and show-off

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Goutam Nayak
Re: Spectacuar Success
by Goutam Nayak on Jan 07, 2017 11:39 AM
You are write! Again he is not brainless leg licker like you!

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KARAN
Demonitisation
by KARAN on Dec 31, 2016 06:02 PM  | Hide replies

It is an understatement that demonitisation is a monumental disaster.
It has already damaged many parts of thriving human endeavour.The sectors like textile,jewellery,grain market,vegitable and fruit market have been given a body blow by this thoughtless program.Even now if they bring in Dr.Swamy as FM,
He can bring about some solution.Arun jaitely and Modiji donot seem to understand the nuances of such a big task.Hope modiji uderstands and removes Arun Jaitley and bring in Dr.Swamy soon

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shubasrikrishna
Re: Demonitisation
by shubasrikrishna on Dec 31, 2016 10:16 PM
textile, jewellery, traders are the biggest black money hoarders...As modi rightly said it is the rats who are complaining.

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KARAN
Demonitisation
by KARAN on Dec 31, 2016 06:02 PM

It is an understatement that demonitisation is a monumental disaster.
It has already damaged many parts of thriving human endeavour.The sectors like textile,jewellery,grain market,vegitable and fruit market have been given a body blow by this thoughtless program.Even now if they bring in Dr.Swamy as FM,
He can bring about some solution.Arun jaitely and Modiji donot seem to understand the nuances of such a big task.Hope modiji uderstands and removes Arun Jaitley and bring in Dr.Swamy soon

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