First
thing first... Did you exchange your old 500 and 1000 currencies? don’t worry
you can do it till March 31 (Till Dec 30th in banks and after that in Reserve
Bank till March 31st). One thing we all have observed is that though people little
annoyed. But, they are happy at the steps taken by government. I will try to
reveal the few the hidden agenda of Modi which are implemented, which made them
to take a big step like De-monetizing currency
If you think
that Mr.Modi and his team has De-monetized the currency abruptly or in a hurry,
then you are wrong!!! This was all planned much before the elections and I
believe Modi had a clear blueprint and it was just a matter of time for him to
execute it at right time when his government and party needed.
I have listed
steps taken by Modi ever since he took over the role as Prime minister, it clearly
shows the motive behind it, no one saw it coming and the secrecy is main part
in whole operations and we must also appreciate the bureaucrats who have
maintained secrecy and supported him to do the good for the country.
1. Digital India:
Many laughed at it! You may not know the approach and methodology of that and
vision is taking nation forward economically and digitally. Economically how?? First
thought that comes to my mind is preventing corruption at all stages and places
by stopping corruption.
http://digitalindia.gov.in/content/approach-and-methodology
2. Jan Dhan
Yojana: Do you know we created a Guinness world record for creating accounts. No
other country in this world ever tried to take such step at this volume. This
plan was successful in many ways than we think. People have invested 45,302
crore in this account so far. isn't a good plan for the growth of economy ?
When people
questioned, he said account is required to stop GAS SCAM and linked account to
return the subsidy money and it has worked! Because of that we get gas on time
now than ever before. http://www.pmjdy.gov.in/home
3. Gold
Monetization Scheme: Modi said this will improve the market liquidity and help people
make money for the gold which is idle, if they monetize it, however it was not
much successful. I think people who had lot of gold should have monetized it
when they had a chance.
4. Clamping
down on NGO: Modi Govt clamped down hundreds of NGO and cancelled their
licenses. Do you know why? These NGO's receive money from abroad? Yes why would
someone donate crores of rupees? It is Indian currency sent overseas and returned
to NGO's of politicians, businessmen’s and bureaucrats. Now receiving money
from overseas not impossible but it is quite difficult.
Finally
DEMONETIZATION OF 500 AND 1000 CURRENCY! Don't you think all these above steps
are interconnected and planned? For something big like replacing the 500 and
1000 currency.
Internet is
available even in remote villages now and not all but new generation guys can
do bank transaction online even in villages now. Though the 500 and 1000 are
banned, you can buy anything online or through your debit and credit cards. Now
almost everyone in India has an account.
If you have a
lot of gold, government will question the source of income to buy the gold. At
least legally you cannot show it anywhere.
If you have
saved it abroad, you cannot get it back like before, you bank account is on monitored
higher transaction all time, you cannot get it through NGO.
All these good
steps are appreciated!
Hereafter, Modi
cabinet should not misuse the opportunity they are getting with new currency,
we are hearing many burning and throwing the bags of black money and fake
currency on streets. Modi's cabinet members should not get corrupted and must
go ahead with the taking good steps ahead.
I am not a
pro-modi or against modi. I am just happy that we have someone who can at least
trying to some good for people. It feels proud when world leaders are appreciating
our prime minister.
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