9/9/17
It is so obvious that it was an ill-prepared operation because the RBI hardly had time to print and put in circulation the new notes.
it was badly timed for the same reason for the people but not for the Govt.as the objective was to win UP election. But due to leak
age in the press it became a premature delivery.
There can be no arguement on the stated objects like un earthing of black money, elimination of fake currency, money laundring,control of terrorism and other anti social activities by starving them of funds. But now after 10 months is it not natural for civil society to take stock of which stated object has been achieved ?
Now that the RBI has finally given the figure of the bank notes of 1000/500 returned are about the same except about 16000cr short and they do not know how muh is fake currency, is it no obvious that all black money has been deposited. This data is now available for TAX authorities, who has deposited how much. In such a scenario can be Govt. not target only those whom it chooses to target.?
Who will force the Govt. for white paper? the Parliament where the Govt. has managed to get majority in both houses and the scant respect the PM has shown in treating the opposition . Can there be bigger proof than the delaying tactics of the Govt. iin filling
consitutional post of LokPal or CVC or integrity of these instituitions.
When you speak of the stake ho;ders-who are they-civil society, Govt. Parliament and Judiciary? Is civil society not powerless against the might of the State?
Political gambles should be of managable limits as it was in case of Mr. Vajpaye though at a cost.
Econmic gambles if based on supporting data are less likey to fail because All Govt.s during the twentieth century are depending the economic forecasts'for formulating their policies.
JKGaur
From: indiaresists-request@lists.riseup.net <indiaresists-request@lists.riseup.net> on behalf of Sant Mathur <santmathur@gmail.com>
Sent: Thursday, September 7, 2017 2:49 PM
To: IAC
Subject: Re: [IAC#RG] RBI confesses that demonetisation failed
Will the stakeholders figure out as to in what all manners,and to what extent(without getting into granular details), was the fraud perpetrated,through Demon?
Failure of an ill-prepared,ill-timed(or timed for extraneous considerations)scheme is one thing,and pre-planned perpetration of fraud another.
Guess work is no answer to serious issues.
The first demand needs to be to get a WHITE PAPER on the crucial issue,in time-bound manner.Impact of this scheme ,in standalone mode,is essential to be known ,and not when clubbed with GST,Surgical Strike etc.
Everything needs to be well quantified in the white paper,as etcs have no place therein.
Let there be admission that implementation was faulty, if the intention was good,and that no fraud took place.
if better alternatives to achieve the same lofty objectives(that need to spelt out,in no uncertain terms) were available,then why the same were not explored.
A decision tree,as also decision-matrix,as part of decision-making science, need to be disclosed.
Using demon,if the govt disarmed the opponents of their ill-gotten wealth,in cash form, then politics won and people/prosperity lost.
spm
