Sunday, 13 November 2016

A very messy operaion of demonetisation of the currencies due to logistic failiure and administartive lapses



The attempt of the BJP government to unearth black money through demonetization of the Rs 1000 and Ra 500 has created more  chaos and confusion and untold miseries to the law abiding honest middle and poor class Indians . The whole operation has become so messy due to administrative lapses and logistic failures. Doesn’t the  RBI aware of the quantum of money  that would be exchanged after the declaration ? Didn’t they expect poor and middle class who have no considerable bank balance and depend on their daily or monthly  income  for all types of their family expenses  become panicky and rush for exchanging the available old currency for the new ? They could have closed the ATMs one weeks before this emergency measure under some false pretext and used that time to change the soft ware to suit new currencies and filled up the ATMs with required money for smooth flow of currency . they should have printed new Rs 500 in large quantity and made efficient arrangement to distribute it to all the bank branches in India . Why should this government undertake this massive operation if thay could not make proper preparation before announcing the denonetisation of currencies. Why should I who have my own money in my account , stand for hours together in the queue and go back empty handed when the banks close down their shutters saying the cash s stock is over?. When all the corporates, politicians and other black money holders relax comfortably in AC comfort and watch the sufferings of middle and poor class persons as a big thamasha unfolding through the TV channels ? Does Modi thinks it is only few thousands which the middle class keep at home for emergency and expected big expenses for medical ,marriages. Funeral  and educational fees  is the balck money pralysing the economy?  The authorities had  also failed miserably in ensuring continuous supply of new currencies to the banks and post offices and thus put enormous pressure on the Post office and bank employees.   The net result is, loss  productive hours for those who stood in the Queue,  strain for the senior citizens who could not sign in  their life certificates and draw their pension ,loss of income to the daily wage earners who visited various ATMs , banks and post offices with desperate hope of exchanging meager money to feed their families. Once again this government has proved that this nation is not for the poor to live with dignity . What a  mess in administering this monetary measure to control black money ! It is highly irritating to listen to the BJPs spokes persons ,advising patience to the common people in the name of  nationalism. All of them should be made to run between post offices, ATMs and banks and made to stand for hours together to feel the pain of others, instead of made to sit AC  rooms with boot, suit and tie and give sermon for others. Mr. Jetley should be made to stand in the queue under the sun and in the road for three hours for making cosy and insensitive statements through the TV channels . his statements cause much irritation .An inefficient   government should not have undertaken this serious and major operation if they can not be in full form of preparedness .

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