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Showing posts from November, 2016

The Question That No One Asked

The streets are currently abuzz with our Honourable Prime Minister's scheme of introducing new 500 rupee notes and bringing in 2000 rupee notes instead of 1000 rupee notes.  From the night it was announced many have lost sleep because of anxiety. This scheme was launched to eradicate black money from the market. And after hearing Mr. Modi  and Mr. Jaitley speak about it at length we understand that they want all cash to be accounted for. In order for that to happen all citizens need to have bank accounts and should prefer using alternate means in order to reduce cash in the market.  Although this scheme has  objective, the government has not been able to execute it properly.  This morning Mr. Arun Jaitley addressed the nation on this account and later also took questions.  At the conference, when questioned about the execution and how it was not at all as smooth as they would  wan it to be, he denied the accusation completely. So, according to the government, there seems to be no