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DemonetizationHow Modi's narrative on demonetisation has changed. (i.sli.mg)

Chutiyapaconnoisseur が 投稿

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[–]zebumatters 19 ポイント20 ポイント  (5子コメント)

I have been arguing with my whatsapp bhakt buddies that PM didn't mention a single word on "digital" , "cashless" etc on 8th. If this was the primary fix to all the problems, it at least deserved 10 seconds mention in half an hour speech. But no. They believe it wasn't required because he has been screaming "digital India" from last 2 years.

[–]santouryuu244 0 ポイント1 ポイント  (0子コメント)

it was mentioned by Jaitley the next day,and i think the RBI as well.

[–]Doorz2 -1 ポイント0 ポイント  (3子コメント)

well at least he is adjusting as is required. Though I would like to see stats of before and after digital banking usage.

[–]charavaka 4 ポイント5 ポイント  (0子コメント)

well at least he is adjusting as is required.

Adjusting his excuses required to keep him in power. Dear leader probably didn't even know what cashless economy was on Nov 8th.

[–]zebumatters 5 ポイント6 ポイント  (0子コメント)

I do get the as-required strategy but only for unforeseen challenges that surfaced post 8th November. "Cashless Economy" which is projected as biggest solution now to all our miseries, did deserve a mention on day-1. If not much, at least he could have asked financial institutions to prioritise it in his speech and asked people to prefer digital modes of transactions. But no.

It just tells how abrupt this decision was.

[–]quality_dip [スコア非表示]  (0子コメント)

Yaaar, you can't do something as massive like this and then change the stated objective midway to make it seem like a success. The term "moving the goalposts" is the closest definition to what's going on here.

[–]modgill 15 ポイント16 ポイント  (2子コメント)

Every passing day. It looks more and more like capitalisation of the banks. People are note expecting 96 percent of banned note will come into banking system.

What a Charade

[–]awkward_pause_ 13 ポイント14 ポイント  (1子コメント)

MMS said right - it is nothing but organized loot and legalized plunder.

[–]Randiathrowaway1 [スコア非表示]  (0子コメント)

Plunder to recapitalise banks that were made near insolvent thanks to UPA, MMS' profligacy? Should I remind you that NPA's went from Rs 5,000 crores in 2004 to Rs 2,50,000 crores in 2014.

To break it down further, it went from Rs 5,000 crores in 2004 to 60,000 crores in 2009 to Rs 2,50,000 crores in 2014. Once the Rajan formula was applied, it shot up to Rs 3,41,000 crores.

Sardarji had loaned out so much money to crony capitalists, on the orders of his boss that the banking system was / is near collapse.

You are right, as is MMS, it was nothing but organised loot and legalised plunder.

[–]Smokedbiscuits 8 ポイント9 ポイント  (3子コメント)

This graph cannot be appreciated enough. Kudos to whoever put in their time to expose the ever changing foundation of our national policies.

[–]bhiliyampaid BJP shill 0 ポイント1 ポイント  (2子コメント)

Too bad the graph is wrong.

[–]_logic-bomb_ 2 ポイント3 ポイント  (1子コメント)

How?

[–]bhiliyampaid BJP shill 2 ポイント3 ポイント  (0子コメント)

The data points do not match the speech texts. For instance, there is no mention of "cashless" or "digital economy" in Modi's speech on 20th Nov.

You remember how you used to create fake data points in physics lab in college to match the expected equation? I am guessing the editors of IndiaSpend also told author of this article the conclusion they want. It is not like more than 1 in 1000 readers of the article would bother verifying the data for themselves.

[–]Chutiyapaconnoisseur[S] 3 ポイント4 ポイント  (0子コメント)

Source article.

[–]bhiliyampaid BJP shill -4 ポイント-3 ポイント  (2子コメント)

India Spend alert.

[–]charavaka 2 ポイント3 ポイント  (1子コメント)

Not familiar with India Spend. What are their antcedents?

[–]bhiliyampaid BJP shill [スコア非表示]  (0子コメント)

Let this article be your first experience. Try to verify some of their data points.

[–]santouryuu244 -4 ポイント-3 ポイント  (0子コメント)

it's almost like 2 consecutive steps,with one step clearly following other,with first attacking the present stock of black money in cash,then going after the root of the problem,and stopping the generation of black money. but maybe it's just my imagination