Ah yes, Indian villages are pinnacle of cooperation and brotherhood. Vendors are telling customers to pay when they have it, wholesalers are telling retailers to pay when they have it, dalals are telling wholesalers to pay when they have it.
What are you smoking man?
It's all a hogwash.
No new security features are added to new notes. So counterfeiters only have to change the design and they are back in the game.
In 2014, notes printed before 2005 were invalidated as notes printed after 2005 had security features which old notes lacked. But overall dimensions were unchanged. And people were given 3 months time to do it. AND yet BJP at that time deemed it as anti-poor.
Evidently you haven't stayed in the villages enough to know that, 'Udhaar' is as much ubiquitous as cash in there.
I wonder what they would do if its somebody who they are not so acquainted with or somebody they don't particularly like because of personal prejudices (like if the person is from a lower caste.) Will this person still get free milk and medicines with the assurance that they can pay later? How long will they be keep that up if their own livelihood is on the stake?
What about small towns which do not have close knit relationships and most of the business is done in petty cash and even if people have bank accounts and ATM cards, a lot of them won't have debit/credit cards or online services to use in a cashless manner?
What about the hundreds of cycle rickshaw pullers or daily wage laborers in such towns who have not been able to work or earn in last few days? Given that they themselves will not get any immediate benefit out of all this, will they really be happy to be without food for days in return for the glee of imagining that some doctor or lawyer that they never met in their lives would be sweating about loosing his stash of money. My experience on the matter is that such people don't give a damn about who is in power or what they are doing. For them, it is their own immediate benefits and losses that matter. Some of these people voted for BJP not because Modi said that the corruption would be curbed, but because he promised that he would give each of them Rs 15 lac. But instead of getting any money, their existing livelihood is also going away.
To sum up the present situation, its like the govt is claiming that they want to catch the thieves for the sake of the victims, but what they are really doing is that they are locking up the victims and bystanders along with the thieves and trashing them all.
If a robbery happens in your house and the police assures you that if they lockup a bunch of people from your neighborhood and give them the third degree, they will be able to catch the thief quickly, you might agree, but what if the police say that they want to throw you in as well for the trashing and assure you that its a minor inconvenience you need to face in the interest of catching the thief, would you agree to that?
Don't bring the caste angle to complicate things further, I just meant villages to be much better than cities when it comes to practicing humanitarian values.
BTW, did you actually believe that, we'll vote for Modi & relax in our easy chairs and Recovered black money will be deposited to your account? Nope we'll have to fight for it, The Gold and Benaami properties to be targeted next, so be ready to re-register your properties if I'm not exaggerating. I never thought it'll be a easy job for any government, given the deep roots of corruption in last 70yrs. You are underestimating the deep filth of parallel economy in our system, the people benefitted by it will put forth a equally damaging fight too, there will be collateral damages. The fight is much worse than what it looks & its just started.
The inconvenience of standing in the Qs is nothing compared to the fight which will unveil in future months as the crackdown continues. Currently, The Salt is getting costlier, so will be the other commodities ; the black money hoarders are buying and selling stuff to minimize their losses. (Forgot to mention the unusual increase in commodity prices somehow always occurs when Congress is in the opposition). This will be nothing short of a freedom struggle, if PM sticks to his words. The honest will have a much harder times ahead, because given the versatile socioeconomic characteristics of this country the government cannot easily differentiate the honest from the hoarders. The fact that honest people are having trouble with legitimizing their legitimate money, makes the crackdown pretty effective. It can go to any extent, after all parallel economy is much bigger than legal economy in this country.
If you are expecting that a national level black money cleansing drive will ensue and I will not be troubled because I'm honest with taxes ; it is like expecting the Tiger not to eat me because I'm a vegetarian !
Indians have to queue up for a lot of things. So in conclusion, Indians really love queuing up for things.
Yes we are good at producing more than we can actually take care of (in population sense) so Qs will be there.
Foreign media including the Chinese is hailing it as a great step ; they're rightly recommending much harsher measures than this.
Demonetisation move 'bold' but far from enough: Chinese media -
http://timesofindia.indiatimes.com/...enough-Chinese-media/articleshow/55413145.cms
Singapore media compares him one of their own crusaders Lee Kuan
http://m.huffingtonpost.in/2016/11/...i-is-making-headlines-in-singapore-for-his-s/
The Pakistan involvement explained by Tarek
The hoarders and their supporters will highlight common man and his troubles to save themselves from the attack.