Another citizen that Pradip Bhandari of Jan Ki Baat spoke to, gave a thumbs-up to demonetization, saying that its the long-term benefits of such a policy that should be taken into consideration when one feels like complaining against the temporary problems one face. However, he also noted that, this temporary issue should be addressed to achieve a perfect, smooth-running policy.
The night of 8th November proved itself to be a surprise for the whole of India, with PM Narendra Modi announcing his governments issuance of a ban on two of the highest denomination notes. The move, designed to delete the existence of black money and black economy, couldnt have been discussed as secrecy and confidentiality were required. The decision, for what it hopes to fulfil, had also met with criticism from various segments of the society.
Concerns that people have voiced reflect the lack of planning in the demonetization policy- whether theyre temporary, as the government and RBI repeatedly assures us, or long-term, remains to be seen.
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