It iwas very scary to witness the
situation in the banks and before ATMs on December first week since, the salary
receivers, the pensioners, small traders and those who have exhausted the earlier drawn
money had queued up again . When will the government realise that, people are not interested in listening the endless rhetoric
of the spokes persons of the BJP or the ministers and bureaucrats delivered
through news channels about "long term gains and short term pains since , they are totally cut off from the ground realities or perhaps they are not subjected to any hardships
, because of their privileged positions .
The RBI Governor who is the head
of the money regulating body is totally silent and avoid explaining to the people
, the reasons for the logistic failure in the smooth supply and distribution of
cash which is the life blood of all the economic activities in India unlike the
developed nations. He should list out the emergency measures which the RBI is
going to introduce to meet the crisis situation , so that, some confidence can be instilled in peoples mind . If he doesn’t
have any such measures he should accept moral responsibility to the chaotic situation
created, after the so called “surgical strike” and his failure to make perfect arrangements for the “post surgery” emergency situations
and resign immediately . If he has not been consulted by the Chief executive of
this nation in this major monetary operation in the name of secrecy , then that
is yet another apt reason for him to
resign. Now we understand why Raguram Rajan gave up his post. India can
not be converted into a cashless economy and digital economy over
night
through a revolutionary methods . Evolutionary methods only will work
out in a nation which
is dominated by illiteracy and poverty .
History has taught us many lessons about the consequences of revolutionary
methods .
