A historic move on Nov 8 by prime minister narendra Modi delivered a Supreme reform to the nation. The government declared that high denomination 500and 1000 rupee notes which constituted more than 85 percent of the currency outstanding in value would be invalid as legal tender and could only be deposited into bank accounts until end of the year.
This modified move has reformed the nation. All cash transactions are not corrupt. But every corrupt transaction is in cash. One can challenge the corruption only by attacking the roots. Corruption is an mechanism which has diluted our nation’s political and economic edifice. The government was either helpless as high dignitaries has buried the unaccounted wealth as they felt that they are far away from the reach of law and coercive measures. That shell has been crippled.
Modi on 2017said:those who has turned corruption into doctrine will pay heavy price.
Long exit door has been offered by the government to convert black money into white which was ignored. This situation would have been sealed up if they had used this opportunity. Instead most of them took as an fabrication.
The 70 years of imperfections was curbed out by a masterstroke move by pm on Nov 8 in a visualize speech. The fear of change was challenged by most of public and created a massive havoc among politicians who stood against demonetisation. 90% of Indians are honest and ready to fight against the pervasive monsters of corruption. So the massive change took place without VOILENCE and willing to accept the discomfort which is stripping the economy at large.
Of course, this gave rise to banking crimes as a large amount of money still seemed to be distributed to white collared society at large. But even though some black money returned to banking system. At this time no compromise made either you are a ruling party or some high dignitaries no God father could save you.
The raid on chief secretary at state was discovered a hour of 32crores from a businessman was a defining moment. A raid on businessman nd politicians has sent a chain of shivers a cross the country.
Pm :said. This is just a beginning. If u want a glimpse of this emerging saga just read the pages of your newspaper.
This massive attack became a highlight when a rag picker found sacks of 1000 notes dumped in streets.
What an irony!. The waste of high dignitaries are clogged, I hope the poor come across these notes exchange the currency enjoy it. After all it is his money which has come back, which was stolen by the Kings of black money.