Demonetisation after effect

One decision and they got what was due to them – pieces of trash.

Ever since the Hon'ble Prime Minister of India Shri Narendra Modi, in a televised address to the nation said … “to break the grip of corruption and black money, we have decided that the five hundred rupee and thousand rupee currency notes presently in use will no longer be legal tender from midnight tonight, that is 8th November 2016” there has been a sense of joy and jubilation among the masses, save a few intellectuals who went to the town doubting and questioning the move, specifically in curbing corruption and black money.

Let me cite one example to explain my understanding of how the current demonetisation will help curb corruption and blackmoney.

Recall the August 2016 train robbery wherein Rs 5.75 crore, belonging to RBI was robbed from the Salem-Chennai Egmore Express train by cutting open the train’s roof. According to media report...from box number 20, a total of 80,000 notes of Rs 500 denomination amounting to Rs 4 crore and 35,000 notes of Rs 500 denomination from box number 16 amounting to Rs 1.75 crore have been stolen. It is no wonder that the robbers are still at large. Even if they are caught, our legal system will give them ages till the charges made against such robbers are proved beyond doubt.

With the demonetisation of Rs 500 and Rs 1000 notes, the looted cash, which the robbers still have with them, have been reduced to something which they might not have dreamt in their wildest dreams - pieces of trash.

One decision and its game over!

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