50 Days of Demonetization Has Done a Little Harm and Little Good, The RBI Still Finding the ways to have enough cash to solve the Problems of the Common Public and to meet Domestic Demand.
In This year 2016 that has quite an eventful for Indian Nation right From the Public Debates and surrounding the GST constitution of the Monetary Policy Committee.
It is the Last one that has the maximum and the most widespread impact as it has effected of over 1.2 billion Citizens of the Indian Nation.
After Prime Minister Narendra Modi’s Massive 8th November announcement of demonetization of Rs 500 and Rs 1,000 currency notes he assured that the Indian Nation in a black money passionate appeal as co-operate with me and help me for 50 days and I will give you the India you Desired.
The Prime Minister 50 day dead line as come to an end that will be over on Friday with confusion and still Fighting for Money with banks, Though the jury is still out on demonetization and the center’s fight against black money and corruption, The NDA government is engaged in a war with the Opposite Parties.
On the Prime Minister Home Town in Gujarat rahul gandhi had accused Modi of accepting money from the sahara Conglomerate ,The Congress vice-president along with Trinamool congress chief and West Bengal chief minister Mamata Banerjee Sought the Prime Minister resignation and now the Congress have demanded a white paper from the government and listed out a set on demands.
Following the Government announcement on 8th November the most commonly used higher denomination notes of rs 500 and rs 1000 were stripped of all value, However just to get urgently needed cash mothers still have to lock up their infants alone at homes and to find money at banks.
The Common man has had to suffer huge inconvenience to access his or her hard earned Money, Even worse is the fate of those small traders farmers and casual laborers whose depends on daily cash transactions.
The Congress Party’s Charter of Demands on demonetization on behalf of the people of India. The Prime Minister must answer these questions.