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Let's just hope that you're right. I'd be immensely happy to be proven wrong here, because if I'm right we're slowly going down the sewer as a country.

Most sensible, decent, hardworking, ordinary Indians don't realize the threat now because they have been presented with a soft front on TV. Dear leader generally says all the right words, even his sidekick doesn't appear too belligerent. It's as big a deception as you'd ever see and I fear it...

While in general I'd agree with you that Hindutvas still have a long way to go before catching up with Islamists but in India's context Hindutva terrorists are definitely a bigger threat. It is basic math. There are just way more jobless Hindu youth ready to get into the "nationalist" cult of...

See the problem with political tools like you is that you can't see anything beyond politics. Everything is justified as long as it helps you win. The thing is winning elections does not necessarily make you a good policymaker. It is not a validation of your policies, especially in a country...

Completely agree, he is one of the most conniving politicians ever-- he knows how to win at any cost. I would never dispute that.

Why?

That's good to know but let's see if people go back to their old habits or not once there is enough cash in the market. I fear they would because people hate paying taxes.

Wrong assumption. Have you read the letter?

Don't put words in my mouth. I have never said those things. Besides, do you consider lack of mass starvation and law and order crisis as success of demonitization? As for the IIP data, as you rightly said, December data will reveal if it had any impact or not. Also it was negative last...

ONGC has got nothing on BD lol :lol:

The 50,000 limit was put in place very early, after 5-6 days if I remember correctly. So for the major part of Nov and the whole of Dec it was 50,000. From the rest it seems you agree with my assessment of Jan Dhan account being insignificant as far as black money recovery goes. Your post has...

A few days ago I posted here about how the govt was undermining RBI's autonomy. As it turns out RBI's own employees are highly concerned about that. Here is a letter written by RBI's employees' union to Urjit Patel. They are anxious about govt's increasing interference in RBI's functions.

Printing enough currencies beforehand would have eased the pain and minimized the stress on the economy but other than that the fate of the real objectives would not have been very different.

Actually deposits in Jan Dhan accounts are hardly significant when you compare it with the total value of old currencies. Till the first week of December, the total volume of deposits (after demonitisation) in Jan Dhan accounts was merely about 30,000 crore. I am sure many of these accounts were...

He is a charity worker. Please don't malign this pious man. :lol:

I admire your optimism but unfortunately I don't share your enthusiasm. IMO pushing cashless economy through demonitisation is complete bonkers, nor is it going to work in a substantial manner. It's like denying someone access to his money temporarily and then forcing him to go digital. It will...

It is a classic example of looking for things to feel offended. Someone is selling doormats on amazon canada with flags of different countries and Indian foreign minister issues visa warnings to amazon on twitter, a company that is employing thousands in India and investing billions. But it...

Fine, I'm delusional but why don't you give us a rundown of how the govt is going to recover this "3-4 lakh crore" black money? First what is it actually? 3 lakh crore or 4 lakh crore? That itself clearly suggests that it is just an estimation. I have given you my reasons, all I have got in...

Don't talk facts please, facts have no place in headline management. I can guarantee that nothing will come out of it, nothing. It is very simple really. No large black money holder is stupid enough to deposit unaccounted money directly to his account. These 3-4 lakh crores (even if we are to...

That's because he does not have the ability to take unscripted questions from the media and answer them coherently. If someone asks him a tough question he takes it personally. Modi loves one way talking where he is not cross questioned. That's why he only speaks in political rallies and his...