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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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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