Posts Tagged Real trial of demonetisation

Black Money Generation Continues Post Demonetisation

Has the present government of Narendra Modi anything on offer that it will not recur? If black money continues to be generated even after demonetisation, the scheme would fail in achieving its objectives. I can vouch on the basis of discrete surveillance in day to day transactions in the last 6 months in the market, courts, doctors’ clinics, architects, accountants, policemen handling criminal cases or manning traffic, excise, customs, income tax, coaching institutes, retail vegetable & fruit markets, poultry & meat sellers- all of whom deal in cash that crores of rupees in cash are exchanged which will boost the black money operations only.

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