Vidyasagar converses with the Jan Ki Baat team to suggest alternate, available options for the hoarders of black money in India, post-demonetization. With the PMs decision reigning heavily over the citizens of India, those whove accumulated wealth either without paying taxes or illegitimately, or both, are resorting to irrational methods to dispose their money. Vidyasagar claims that the honest way would be to deposit the money in the banks and thereby, help the government increase its revenue for overall development of the nation. However, even if one wants to avoid legal penalties, can find out better ways to make use of their currency instead of burning them or flushing those notes; making donations to charities, distributing the money amongst the poor are just some of the possible solutions in Vidyasagars notebook.
On 9th November, the day after the PMs announcement, sacks full of the old 500 and 1000 were burnt in Bareilly, UP. The notes were scraped before they were burnt. A week later, a sum of 25 lakhs was found in a gutter in Jamshedpur, Jharkhand. The notes were mutilated. These ridiculous methods of disposal have shocked the interviewee not only because of the large sums but also the manner in which it was gotten rid of.
Do desperate times call for desperate measures indeed? Or are there alternative ways for them to take?
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