Prime Minister Narendra Modi took the most controversial decision of the decade and also in the year 2016 which no one has dreamt of .The Congress Government under the leadership of Manmohan Singh as Prime Minister wanted to do this, but had no guts.
Narendra Modi almost had put his government at stake and took this decision.
People said that the decision was right but the implementation was very bad. They are facing the trouble even now. It might take another three months easily for the things to follow in line.
Meanwhile the opposition under leadership of Rahul the Vice President of the congress could not highlight it properly. Rahul had a become a laughing stock in the process. With demonetisation the people are forced to go for digital money and the central government has released a app by name BHIM and it requires no net.
Lot of bankers were hand in glove with the peole who tried to hide the money in the banks or deposit the money in the banks. Some of them tried to take awy the new Rs 2000 notes in large numbers but were caught in the process. Hundreds of them have already got IT notices.
Some big fish were caught in the process. One of them was a TTD board member with big connections of the politicians. This decision of the PM has caught all the CMs off guard and they have become paupers over night. Some of them could manage for conversion and while some others were in for trouble. They do not know how to manage the situation.
Interestingly the AP and TS CMs have supported Modi on demonetisation. Babu is the chief of the committee on digitisation . Both the states are trying to go for digital currency and have made some of the villages cash less.
Lets hope everything ends well and there will be free flow of cash.
