Short-term pains but with long-term gains for the country. Demonetization led to liquidity crunch. People stopped spending on unnecessary things. Food security for the poor was temporarily affected, marginally though.  

Achhe din aa gaye hain.  Raids by IT, ED and CBI have unearthed dirty money that will be utilized for funding social sector schemes for the deprived sections of society. 

People are now beginning to relax.Use of plastic money is increasing fast. Wallets are bulging with ATM and credit cards.

Hit by  a sense of deep insecurity, let the corrupt keep screaming, ranting, slamming PM Modi out of desperation, frustration

 

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Shaktikanta Das (TN 80, IAS) Economic Affairs Secretary attended a conference of economic editors ,chaired by FM Arun Jaitley.

An editor from TN asked a question in english and then willy nilly switched over to his mother tongue Tamil.

Much to FM's bewilderment and others' amusement, Das responded in Tamil. The non-Tamilians without understanding a word of what he said, applauded, nevertheless. No rancour. FM enjoyed without knowing the Tamil language.

Now , an opposite experience.

I recall a cognate incident of 2014 under UPA regime that created a huge controversy.

Sudhir Krishna ,the then urban development Secretary,at a meeting chaired by Chidambaram, started speaking in english with smattering of hindi words. Though from UP, he belonged to Karnataka cadre. Suave and no-nonsense officer.

Chidambaram in his typical arrogance. humiliated the poor Secretary asking him to speak in hindi that could be subsequently translated by his officials into english.

Sudhir Krishna registered his protest with Finance Secretrary and also with his minister Kamalnath to bring the humiliation to PM's notice.

Nothing happened as Dr Manmohan Singh. the de jure PM, was perennially in silent mode.The actual power was exercised by the then Congress supremo,the de facto PM.

The incident demoralised the IAS fraternity,rather unfairly.

Such incidents do not occur in NDA with PM Modi at the helm.

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Demonetisation of 500 and 1000 rupees  indian currency notes is like a surgical strike by PM Modi on dirty money followed by Income Tax raids on the filthy rich money bags across the country. An effective ,long overdue step to curb black money that all previous ruling dispensations failed to take.Is India heading for a cashless, paperless transactions in India ?We can surely look forward to cashless voting in the coming assemblies’ elections. The Opposition is desperate, frustrated, and confused. One wonders whether PM Modi's bold actions in India will trigger the anti- black money movement in Pakistani for de-thronement of corrupt civil and military establishments  leading to peace and stability in the sub-continent.

 

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In an attempt to curb black money, GOI has decided to demonetize currency notes of Rs 500, 1000 denominations. These will be invalid.from mid-night onwards.

People can deposit notes of #Rs1000 and #Rs500 in their banks from November 10 till December 30, 2016,

Pakistan Terror funding and circulation of counterfeit currency notes will be largely stopped. China's funding to maoists will stop. Loads of black money held by builders,contractors, money-launderers, hawala dealers,whole-sellers,retailers etc will be on the run, for exchanging invalid notes.Black money, stacked in lockers , secret strong rooms will be invalid.Black money acquired through property transactions.will become invalid.

Use of PLASTIC MONEY must be encouraged.

The political parties including Congress,, BSP, SP, Commies, TDP, etc have been caught unawares like all of us.

PM MODI HAS EXECUTED SOMETHING SPECTACULAR WITHIN OVER TWO YEARS ,WHAT THE CONGRESS COULD NOT ACHIEVE IN 67 YEARS.

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In a case of foreign deputation , DOP&T issued a corrigendum No- 35/02/ 2016- EO( SM1 ) dt Oct 28 , 2016 clarifying that : “Shri Kshatrapati Shivaji” mentioned in earlier OM dt Oct 4,2016 , be read as “Dr Kshatrapati Shivaji.The officer (Maha 1986) insisted that a corrigendum be issued, in the hope that his performance and dignity would probably go up after adding the honorific “ Doctor “. Getting posted as ED, ADB, Manila, is not easy particularly as the posting should have legitimately gone to a Foreign Service officer .But, the IFS officers don't serve in States’ districts and thus unable to cultivate politicians. Serving in districts is,therefore , considered more important than serving in foreign countries. This explains why the IFS,is no longer considered a sought-after Service.

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As a pessimist, I visualise the worst scenario.

Repatriation of diplomats on tit-for-tat basis by both countries,has begun. This could soon lead to closure of High commissions in both countries.

Support from both the US and Russia, is crucial.

Against this background, I wish that wisdom dawns on the two duffers Rahul, Kejriwal and the Commies to rise above petty politics and refrain from doing anything that demoralises India's Armed Forces.

 

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How is it that intelligent people are never happy ?

Is it because they over-analyze everything; weigh the pros and cons of everything around them and judge everything quietly which results in their unhappy nature.

Against this background, analyse why Rahul Gandhi is always happy.

He lacks gravitas along with pietas, dignitas and virtus.

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December 1619

An ill-advised move

This is NOT acceptable to common citizen of India, PM Modi.

Let me call a spade a spade.

Political parties can now deposit ANY amount of cash held and collected prior to November 8, 2016.

The scrutiny benchmark of 2.5 lakhs does not apply to them as it does to normal citizens.

A FRAUD on the country.

This is not a loop-hole but a massive Black hole in the demonetisation implementation.

You have obliged all political parties including your OWN.

Are political parties ,black money launderers?

Why ? The NATION wants to know.

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Demonetization is a beautiful thing to have happened in the country.

Kudos to PM Modi for the game changing initiative.

But,it would be unfair to expect him micro-manage the implementation process..

Look at the flip side.

Re-monetization process is under question.

3000 crores INR in new currency seized by IT and ED.

Could this have happened without the collusive corruption of bankers?

Shortage of new currency is inevitable due to brazen leakages.

The super rich billionaires and.the political parties are being compensated by legitimizing their black money, stealthily though.

Grapevine has it that cash-carrying vans are being allegedly diverted from banks to hideouts of Ministers,CMs, MPs, MLAs,clandestinely.

Were bankers under political and administrative pressures ?

Too bad to be true

A clear denial by PM Modi will set the controversy at rest.

Opening a new window for Voluntary Disclosure Scheme offering " No penalty for past sins ", 50% tax penalty, will do more harm than good.

Voluntary disclosure does not mitigate the offence. 

Why change the goal posts in the middle? 

The hideouts of political parties are exempted from raids by IT/ED.

Their new-found love for the farmers and others ,was a farce. 

Hoarding of currency in new avtar would thus continue with vengeance.

The black money converted into white, would be as dangerous as its precursor. 

Restoring black money from foreign havens, remains a wild goose chase.

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Face-off between Judiciary and the Executive is snowballing into confrontation. The situation must not be allowed to deteriorate further.It is having adverse impact down the line from top to subordinate judiciary.

While the Judiciary must ensure transparency in judges appointment;the Executive must respect independence of Judiciary. Let both pillars of democracy respect doctrine of separation of power.

Mutual trust will restore public confidence in Judicial impartiality.

Don't forget, GOI is the largest litigant in the country. Eminent lawyers could exercise sobering influence to restore harmony in their relationship.

Failing this, the litigants and the bar would continue to suffer as the number of pending court cases is swelling exponentially.

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About A.K.Saxena

A K SAXENA, an Indian national, is a retired civil servant from Government of India He is also a freelance journalist with several published investigative articles and columns in various fields to his credit. His writings are a reflection of his interest in writing on divergent themes and making the topics relevant to a wider audience. A post graduate in Chemistry from University of Delhi,he could not sustain his interest in pursuing research and instead chose to enter the government service through the IAS etc exam held by the UPSC. “KALASAVYA” that brought out several publications besides organizing cultural shows.


You can contact me at

aksaxena1947@gmail.com

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