The 8th Day of Training and Educating the common public about a Cashless Future took place in R K Puram, under the Guidance of Meenakshi Lekhi, a BJP Member of Parliament. Lekhi claimed that since 8th November 2016, the date when the PMs announced his intention of arresting tax evaders and nullifying the existence of black money, 32 Crore bank accounts have been opened up. This is a massive number to achieve within a span of 2 months. Lekhi also pointed towards the urgent need to address the gap between savings and expenditure of the common person; credit cards arent only for the purposes of withdrawal. There exists a need to save money for future endeavours. This move of demonetization, for Lekhi, is capable of capture the process of transformation of India. Former MLA, Mr. Anil Gupta summarized the governments intentions: Queues have always been there in the history of India, maybe, possibly the one were standing in right now would be the last, for a long, long time.
When PM Modi declared his, and his governments, idea to sweep the nation, on 8th November 2016, the demonetization drive had begun. Getting rid of black money was a major portion of BJPs 2014 list of goals. Sudden withdrawal of the legal tender of ?1000 and ?500 was questioned by many. Though demonization was lauded for its noble goal, it was at the same time critiqued the in-built flaws it had.
Greater transparency, erasure of the black currency and an increase in the number of taxpayers were all part of the process that begun with demonetization. What happens next, remains to be seen.
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