Pain V/S gain Both BJP and the Congress are both embroiled in a bitter battle to destroy each other to the finish,. All arguments against the demonetization are converted into blame games against each other, the country is tired and sick at this often repeated cliches. While the BJP stresses on illusory , not perceptible long term gains, the Congress is highlighting the deaths in lines, long Q`s, effect on economy, labour retrenchment. The patience is wearing out ,as there are no signs of abatement of peoples woes. Demonetization has not served the avowed purpose that was initially propagated Terrorists are now looting banks and snatching weapons from police and army. The BJP has done innumerable U turns at justification by constantly shifting goal posts, The idea of bringing in 2000 rupees notes was grossly misplaced ,as it is not easily convertible and has led to hoardings in crores,, when ordinary citizens are rationed their own resources, the amount they can access per week. Even here the banks are dictating their own guidelines as to the amount, It is not understandable how huge cache of new currency notes in crores are seized and merely confiscated. The banks and middleman are the root cause of these shortages, as it now transpires and this been allowed by the loopholes in the sysytem. So the black money generation has not affected. No traces are forthcoming as to how serially numbered notes have disappeared so easily ,. Govt wants to rush into e commerce as the diversionary tactic to deflect the utter failure of the master stroke. Are Cyber laws, prevention detection ,security and deterrents in place ? Are common people initiated into the use of these means?. Banks have withdrawn lakhs of ATM cards for frauds of customers savings Banks and have disowned responsibility in reimbursement for no faults of their own, Who is supplying the Pos machines? Some skimmers have been detected fortunately in time before damage could be done, Some customers have lost twice and thrice the amount of the bill by swiping and are forced to run from pillar to post to get reverse the excess amounts debited.The commission ranges on swiping from 2to 3 %, besides the Banks have to shell out monthly maintenance charges of Rs1500 plus, The goal posts of demonetization are totally at variance now from its primary focus of black money, terrorism. The black money stashed in foreign banks are still beyond reach. The rumours that elections will be starved of funds are more sensible, hence those in possession will rule the day Unless the reforms in election funding, corruption at bureaucratic levels are plugged, it will be business as usual The use of force and incentives will not make the switch overnight, The shortages in ATM and banks is due to shortage of currency and accentuated by pilferage on the way
The agony of people to source their own money at a considerable time in paltry amounts are designated as inconveniences for their own good and the good of their nation The 50 days requested by the P.M will soon be extended as inevitable follow up The money from the poor is dished out to the rich , turning into waste of NPA by the Banks and will be replenished at the cost to the Nation to keep the wheels of economy moving The rich have the means to avoid taxes the poor cannot and the idea of extending loans to the needy is bait to lure, The costs of everyday inputs are soaring high, with no party highlighting the burden on common men Nelson Lopes Chinchinim
