Quote from: kurian on April 16, 2019, 07:39:28 PM

Quote from: avikz on April 11, 2019, 02:56:23 AM

Thank you for bringing this up! However I fear that the post will be deleted soon because whenever I write anything against BJP, some people used to report the post as offensive and mod used to delete that!

Demonetization is indeed the biggest scam in India history! India has seen many scams before as well, but not at this scale! A lot of poeple lost their jobs because small companies from unorganized sector closed down. I am one of the victims of demonetization and had to struggle financially for 4 months before I get a new job!

And let me tell you, this Pulwama attack is also a scam! Who do you think is the biggest beneficiary after this? There are lot of other open questions, but no one including me dares to ask!

I concur. I experienced worst days in my life at the time of demonetization. It has affected various sectors badly including banking, agriculture, medical, etc and I wonder why so many people still support demonetization. Moreover, this government mixed religion with politics.

I really wished if Bitcoin were a legal tender at that time. We need something like this as a payment method if the government is biased to corporates.

You say it has affected various sectors badly and then you go on to list Banking. Demonetisation didn't affect banking negatively but positively by bringing another huge swathe of population into the banked category. It also helped the liquidity issue in one stroke without the need ti devakue the currency by "printing" more money.

Next you talk about medical. Sure it hit those hospitals that make millions by cash transactions. Real estate is another such sector. Look how real estate prices dropped as it became difficult to trade in "cash" and inflate land value.
People support DeMo because of these positive effects including bringing more people into the taxation fold. Short term pains for long term gains.

You said you have personal experiencd to share about the pains of DeMo. It'd be great if you can share the details if its not a privacy issue for you.