Demonetisation : Monumental Mistake
Demonetisation, the issue which struck the whole nation and grind to halt its all operation either in Formal or informal economy. 8th november night, while the prime minister withdrew the higher denominations currencies that are in circulation about 86%, 500 and 1000INR ceases to be legal tender shut down the entire nation. The very own prime minister war on curbing the black money this time in this way, though it has certain positive results and effects, the aftermath effects could have ameliorated if they made certain forensic analysis. Agrarian country like india which done its all transactions in cash seems bit difficlut to implemented that demonetisation move by GOI. Standing queue infront of ATMs and Banks, and the distress of peoples reg this cease seems absurd. one propable estimate says there could be 86+ lives sucked by this move at the entrance of Bank ATMS or Banks counters. Beyond all the government analysis and survey, bragging like peoples are with PM on this move,