WHAT THE F
Jesus Christ this comment is so full of sociopathy and elitism I don't know where to even begin.
Great mods we have here. No wonder this forum has gone down the drain.
For someone with a user name clearly inspired by a movie that many consider as quite an innovative movie which really requires a wide & open mind to understand & enjoy it, you really seem to display quite a narrow minded view.
First of all that is my personal opinion as an individual which is separate from what my role as an moderator is here(which is to make sure forum rules are followed). Linking both of them together & then blaming me for completely different matter is what comes across as a statement from an elitist who thinks only he has the right authority & answer to the issue at hand.You are right though in at least one thing, it is indeed not possible for you or anyone with the same reasoning path to even begin because that would require a logical & understanding viewpoint of the issue which is absent here.
P.S.I can also guess the meaning behind your usage of the word "sociopath" but I will not discuss it because that would be a violation of forum rules which neither a member & especially not a moderator should be doing.
First of all, it was a completely ill-planned move taken in rush just for the sake of benefits in UP elections. If Mr. Modi was so against corruption then why no strict actions have been taken against Mining Mafia and BJP's Janardhana Reddy? He is spending 500 crores in his daughter's wedding? If they would have just arrested many ministers of political parties including Sharad Pawar, Gopinath Mundhe, Narendra Mehta, Corrupt officials of BCCI, etc then they would have collected more black money than it is present in the system. As per the raids made by IT dept this year, only 6% of black money is found in the form of cash. They are making everyone suffer for a few percent of cash. Every single rally of Mr. Modi have some wrong facts cited or information cited without any source which is very bad considering he is the PM of the country. How do you expects a trader to do business? Does bank grants every individual credits cards/debit cards with transactions capacity of 50K/1L in a single transaction? Have you ever seen how businesses take place in a whole sale market? How do you expect people with no technical knowledge to operate paytm, debit card or credit card? Don't simply compare India to developed nations where they were grew sawing how to operate credit cards. See TV channels which show ground reality and not TV channels like Zee TV who promotes BJP for their political/business benefits. See NDTV India and the ground reality they show by going into the actual places. Labourers of our country are not able to work as they need to stand all the time at banks and even if they are getting their wages paid by RTGS, they still need to go to the bank to withdraw.
It was the responsibility our PM to ensure that ATMs were upgraded first to accommodate newer notes and handle such load. Majority of banks have their ATM outsourced and only reply they are giving to general public is that the ATM is outsourced and it is not our responsibility to maintain them. PM should had ensured that all new currency notes were printed first and equivalent replacement should have been available from Day 1. In the end, PM have failed the country.
1.It may be or may not be for the sake of benefits in UP elections but that does not make it an absolutely wrong decision.In any case all of you are welcome to open a thread here discussing UP election results with regard to this move.
2.
Mr.Modi is PM of India not dictator of India.To arrest somebody who have the resources to hire lawyers like Fali S Nariman,Ram Jethmalani,Harish salve etc you really have no idea how Indian law system works.There is a reason these lawyers charges more for an hour than many make in a year.Just because you know somebody is corrupt is not enough unless that can be proved in a court of law all the way to Supreme Court in India which as you might have guessed by now is very rare.
3.I know that wholesale markets rely heavily on cash but I also know that many times not all of that cash is accounted in white money economy.It may not be as much as some big scam but it is there.As for labourers not able to work I agree it is true but no big change comes without its own share of problem.I wonder if PM has announced this step months in advance, which would have reduce its impact to almost nil on common people as well as black money hoarders, then how many people would have said that this move was just a theatrics(which they are saying presently anyway).
5.I don't watch TV news channels.I only read 2 newspapers out of which one is quite anti-Modi.Unlike some others I prefer to read both sides before forming an opinion.
4.Again you have no idea how bureaucracy works.It is not possible to implement such a move with intended results unless very few people are kept in loop.It was never possible to implement this move with such sudden impact if govt was going to instruct RBI which in turn need to instruct banks to upgrade their ATMs which in turn need to contract it out to their ATM service providers.
There is a proverb saying missing forest for the trees & all those who are saying this will not help in curbing black money are missing the whole picture.Even Modi knew this move was not going to curb or even bring back quite an amount of black money.Surely a person who became the the first non-congress PM after winning with a clear majority in decades in India would have done his homework before trying such a bold & risky move.Have you not seen the reports of electronic transactions jumping many folds or the increase in cash deposits of banks by quite a large %? Even small traders in tier 2 & tier 3 cities are placing orders for swiping machines.This move is not just intended for black money but also for moving India away from cash based economy as much as possible & to bring even large amount of white money in cash form into formal banking system.
There will undoubtedly be some negative impacts but in the long run,say 5-10 years down the road,this move may be counted as the first major move for moving India away from old cash based economy to the much more efficient & transparent E-economy.
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^ Thank you for sharing your experiences and views with us all. I have a few questions unanswered and if you could answer them then I'll find myself in peace. Here are my questions.
1. Mr. PM didn't announced that BJP will only accept donation via cheque or netbanking. Why?
2. Mr. PM didn't announced a raid at the houses of corrupt politicians. Why? Just for your information in case you're not aware one of their former minister is spending 500 crores on their daughter's wedding.
3. Mr. PM didn't announced any strict action to recover Bad loans of Bank. Total amount of bad loans is mind boggling. Does that means he won't harm the big corporate houses? Why? Another question how does people like Vijay Mallya slips out of their hand. Even when a person blunders on a small loan and the case goes in court then even their passports are seized. Did he got special treatment as he is a BJP member and their unofficial funder?
4. Mr. PM didn't posted any figures they spent on their election campaign. Why?
You know he is no different. He is a corrupted politician at the end of the day and will stay the same. If he was different then he would have done something different. This happens when you make a marketing guy the pm of the country. They make big fake promises [Make in India, Digital India, etc]..... and rally around the world to promote Digital India. Idiots don't understand that they first need to upgrade the minimum internet connection in our country before rallying around the world. My words are harsh and may not be liked by many of you but look inside you and see the reality.
1.Because this is not satyug & Modi is not Harishchandra.On a more serious note this is because in India unless every party starts accepting all donations by chq/dd etc, any party which adopt this will be doing a political suicide.
2.Already answered in my earlier post.Also just to add 500Cr is a huge sum for many but there are people who earn more than this in a year quite comfortably.Point is that no body is answerable for spending money no matter how large the amount is as long as it can not be proved in a court of law as illegally acquired money.
3.Again you have no idea how banking system works.Do you even know that there is a concept of restructuring/nursing of NPAs in banks & just because some amount is bad loan today does not mean it can not turn to good load or even partially good loan some times later(usually a year or two at least)?Recovering bad loans from big corporate houses is not as simple as you might think.That is why to stop giving bad loans in the first place is the best option & that is why it is a good idea to bring down govt stake in all PSBs to 49% but then all leftists & unions will oppose it tooth & nail because that would mean working like pvt sector which we all know is very bad(after all majority of bad loans are on account of public sector banks so that means pvt sector banks are not doing the country a good service if they are not giving bad loans). Vijay Mallaya got all his loans when BJP was out of power so you should thank congress for making Mallaya the funding man of BJP. As for getting out of country businessmen always keep some connections(both govt as well as legal) ready to escape in a hurry.His escape might be govt's fault but at least they submitted official request for his extradition to UK unlike others where even that might have taken years.
4.See point 1.
You are free to consider Modi as corrupt but based on facts alone I say he is less corrupt that former PM Manmohan Singh who I also believe didn't took a single rupee as bribe but by his inaction allowed scams to happen which in my opinion is also a form of corruption.
P.S.Here is a trick question for all of you here.How many of you think I support Modi or for that matter BJP?If I get good enough responses I might surprise you.
