The Financial Minister Aruna Jaitly defended the 2016, demonetisation, saying it was an essential step to induce the people to move away from anonymous and receipt-less cash payments to digital transections. But, as I remembered, the purposes which were introduced at the time of demonstration still remain to come about as the Prime Minister Nerandra Modi claimed that the demonetisation will break the grip of corruption and terrorism and the black money will come back to the country, but we may see that neither black money came back nor terror activists sat down in last two years.
As far as to make the country digital, there was no obligation of demonetisation for this very purpose. The step of demonetisation which led to over one hundred people losing their lives and miserable effects on the economical aspects, was not well-planned step for the country’s development.
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