Vasanthy cudchewing

Demonetisation

As much as the subject demonetisation  is discussed. criticized and also shared as jokes through various social networks, I bring in my thoughts here!

·        1. Black money the tax evaded, is to an extent is brought to the financial system and the the ones that hasn't is lying wasted. this is supported to curb terrorism. Money in wrong hands is lying waste which is good for the country.

·        2. Money received by NGOs for social purposes but used for communal disharmony, used for conversions would be reduced.

·        3. To bring all of them in digital radar and bank driven transactions is healthy for the economy as the pricing would be correct and reasonable.

·        4. Bharath bandh failure is due to lack of money with politicians to bribe people to join hands for negative thingsSo people get sold for money and not by heart supportive

·        5. The money that had been collected through demonetisation has made banks stronger. Every individual is compelled to visit the banks.   In a healthy economy banks should be the spine and a strong one.

·        6. Unauthorized abducting of properties would stop now which would bring the price under control too! Real estate business would be streamlined as all of them would be compelled to use white money

·       7.  If we bring all of them under the financial system, we will start new way of reservation which is income based and not religion basis!

·        

·        8. Now all benefits to go to wrong hands and the money earnings interest is gone and money going to tasmac etc would be reduced to an extent if we categorize income basis to provide subsidies and benefits.The real crowd to receive benefits are millions basis income.

·       

·        9.     Real financial inclusion

·        10. Vote bank politics can move and so are the freebies

·        11. No need for populist scheme in tax payers money

·        12. Interest rates may come down.   However RBI  may interfere to make people spend and not save and so Government income and expenditure will increase due to increased tax net due to more on bill sales.