In Pic: Gurgaon, India- December 13: An old man crying for missing his spot in the long queue at State Bank of India new colony branch, in Gurgaon, India, on Tuesday, 13 December 2016. (Photo by Parveen Kumar/Hindustan Times)
I’m against this move (or any move by any govt anywhere in the world) where rules are unconstitutionally imposed upon the common and poor people for no rhyme or reason.
I’m not sure how you look at the whole scenario, but I can see the problem here, experience it first hand, and hear it from folks who are financially less privileged than I am.
You may find issues with implementation but I question the intent behind this move.
In a country where over 70% of rural people with no access to banking network wakes up everyday to eat food by using their hard earned money, announcing a move that renders the notes unusable overnight is not just unconstitutional and unethical, but a gross violation of human rights as well.
No elected government chosen democratically would make such a move that inflicts damage of such magnitude upon its own people, particularly those who have remain neglected by the system for decades.
A daily wage earner makes about enough money to feed his family and scrapes through, has lost his ability to work because he has been wasting all his time by standing in line so he could prove his hard-earned money is actually “hard-earned”.
This is violation of human rights.
Many argue that the government actually had noble intentions behind this move but they simply couldn’t fathom the magnitude of challenges the common and poor people would face.
An elected government with ministers and planning commission, and years of census data didn’t have time to asses the demographics well enough to understand the impact of its move?
I say I don’t care about their intention – and I question their ability to run the country where normal people have been forced to beg the government their own harder money.
It reminds of the cunning sahukars in the villages who would exploit the poor farmer and snatch their land by claiming they couldn’t pay off the debt.
Imagine the plight of those poor people who have been standing in line to withdraw money so they could buy medicines for one of their family members, pay for food to eat, meet expenses of marriage of their daughters etc.
This move has robbed the common people of their livelihood and their happiness.
If it had the genuine intention to cure black money in the system, it would have done so simply appointing more staff in the IT department.
It could have conducted more raids on suspected black money hoarders.
It could have attacked sources of the political funding, the netas/businessmen/bureaucrats/ with disproportionate income first. That should have been a solid move without putting any inconveniencing the poor population.
But they didn’t do it because their intention wasn’t black money at all. Their intention was to rescue the Indian banks from crumbling as the NPAs were at the tipping point, and they needed cash injection of impossible magnitude so they could write off their debt and improve the balance sheet.
But you can’t simply rob the common folks of their savings to save the banks just because you’re not comfortable conducting raids on your friends (read industrialists, bureaucrats, politicians etc).
That’s highly unethical and violation of human rights.
And, look at how corrupt and black money hoarders have been treated instead. Income disclosure schemes that allow them to save some. Political funding is exempted from IT investigations. People haven forced to go cashless so private companies could flourish.
So basically, I am enraged by the gross apathy of the govt towards the poor citizens. They knew it would hurt them but still went ahead with this move because, well, who cares about the common people anyway!