danger007
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Contrary to popular opinion, the rich DON'T carry much cash. They don't need to.
The corrupt rich CAN NOT deposit their cash.
That's why u won't see many rich in line because one section can not and another section don't need to.
For example, naxals are very rich, roughly worth 7500 crores. One can hardly expect them to stand in queue to deposit.
Stop these silly arguments.
Damed if you do, damned if you don't.
There is no template to do anything like this. There is no economist who can say I can implement this 100% without a single person being inconvenienced..
It looks like the talk of rooting out black money was all talk from certain "honesty" parties. When push came to shove, this party and their leader was seen joining hands with crooks of India and do drama....
enough said.
If you kill exports and small business in the name of black money and banks run out of new notes or unable to meet the demand of public.. what is the use of such move. When you are prepared for such massive move to ban 86% Currency, I would have appreciated. First they ban then they started supplying. When will they able to pump trillions of rupees into public. Even the states running under massive loss let alone private business.