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


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rishi
Demonetisation A Resounding Success ! It Was Long Due...
by rishi on Jan 10, 2017 10:33 PM

.....but everyone in congress was busy looting.....TILL MODI CAME AND BUSTED THEM ALL! This great leader duly experienced in governance from his long political career continues to grow more and more humble with his increasing admiration and worldwide popularity. May his opponents, critics and adversaries take a lesson on statesmanship and humility from him.

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ck balan
Demonetisation
by ck balan on Jan 09, 2017 06:05 AM  | Hide replies

Time will prove that demonetization is a disaster or not. CK Balan, Chennai

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rishi
Re: Demonetisation
by rishi on Jan 10, 2017 10:28 PM
Demonetisation has already proved the skeptics wrong.......proof lies in the intensiy of resistance from some irrational skeptics and the rate at which rats are coming out of their cosy-nooks which were built on illegal cash.

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Truth Prevails
Pseudo economists
by Truth Prevails on Jan 08, 2017 08:51 PM

Demonetisation of such scale has never ever happened in the world economy.

Economists condemning or supporting this move based on available past economic scenarios is just an assumption and nothing. We just have to wait and see how it goes.

For the first time someone had the guts to do something with a good intention in the interest of nation and as responsible citizens the least we can do is to have some patience

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Kanayalal Golani
Waste of time
by Kanayalal Golani on Jan 08, 2017 06:03 PM  | Hide replies

James is trying to make sense of incomplete information available to him

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Truth Prevails
Re: Waste of time
by Truth Prevails on Jan 08, 2017 08:43 PM
He is giving contradicting numbers based on faulty information just to prove that Govt did it wrong.

It is like trying to build a car out of garbage dump

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R  ponnabalam
Disaster is set in 84.4 % HDN
by R ponnabalam on Jan 08, 2017 11:31 AM


“, the total currency in circulation value-wise increased to Rs 17.975 lakh crores (November 4, 2016) from Rs 16.415 lakh crores (March 31, 2016).Why is it silent on the denomination of this increased curreny value of 1.54 lakhs crores and its justification .To print and replace 24,023 million notes is an enormous challenge. .So is it that this 86.4 % Notes have been in the system to prevent any demonetization move by any incoming Govts. and to come to know of moves like demonetisation if any Govt. ventures to ,from the large scale printing of such notes and to perpetuate the Informal Sector as it is euphemistically called making and consuming for itself 43% of GDP leaving the ordinary man with no improvement in living standards for the past 70years despite legislating welfare laws and adjudicating measures to deliver social justice . The monumental disaster of unchanged living standards of poor man already there for the past 70 years with the black money hoarding ,unrecovered bank loans, flurishing brokerage Industry and collasal imports of Engineering Goods ,growth of jewellery accumulation and land acquisition from advance money given for Projects start R.PONNAMBALAM



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Ramakrishna Rao
An useless article
by Ramakrishna Rao on Jan 07, 2017 10:59 PM

This fellow lacks credibility with his anti Modi Bias.cash is freely available in banks n demobilisation is not a populist but a popular bitter pill.H ope coming election results will be an eye opener.

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jairish douglas
Demonetisation- Failure scheme
by jairish douglas on Jan 07, 2017 05:13 PM

Demonetisation is MOnumental DIsaster

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piri
After initially raising a
by piri on Jan 07, 2017 02:21 PM

ceaseless din about the impending success of his supposed masterstroke in eliminating black money, komaaaaaali Modi then changed tack to creating a cashless economy, then switched to a less cash economy and has now finally fallen silently back and is hoping against hope that the split in the SP will remain and both the pieces will get the BJP across the finish line in UP !!

The komaaaali realises belatedly that all those tens of thousands of crores of rupees given to his party from tax evaded profits by a grateful and obliged Gautam Adani can only bring for him bus loads of arranged crowds at his ostentatious election rallies and not necessarily all their votes !

The memory of Bihar and Kerala, where he tried out the same desperate tactics before demonetisation, would be still too fresh in his mind !

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Sandeep R Patil
it is now past
by Sandeep R Patil on Jan 07, 2017 01:54 PM

Let us all come together and work for our nation

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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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