Demonetization: Anti Black Money Day vs. Black Day in India

Dr. Manmohan Singh
Dr. Manmohan Singh

PM Modi had demonetized currency notes of Rs. 500 and Rs. 1000 on November 8 last year with the belief that his decision will help check corruption and stop the flow of black money in the country. But…

By Rakesh Raman

Delhi BJP has decided to run awareness campaigns across the city against black money on November 8. A special meeting presided by President Manoj Tiwari was held Sunday at local party office.

The ruling Bharatiya Janata Party (BJP) led by Prime Minister (PM) Narendra Modi has decided to observe November 8 as “Anti Black Money Day.”

Tiwari announced that the party workers will go between the people to hold a campaign against black money by informing them that the biggest sufferers of black money are the poor whose families lose on educational and health opportunities.

[ Corruption Rampant in India, BJP to Observe Anti Black Money Day ]

Meanwhile, the Opposition Coordination Committee – a group of 18 opposition parties in India – have discussed the adverse effects of demonetization imposed last year by PM Modi.

Legislators, along with civil society leaders, have resolved to observe November 8, 2017, the first anniversary of the Demonetization Disaster, as Black Day in the country.

Modi had demonetized currency notes of Rs. 500 and Rs. 1000 on November 8 last year with the belief that his decision will help check corruption and stop the flow of black money in the country.

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But Modi’s decision has caused a total chaos and corruption has, in fact, increased manifold in India. Nobel laureate and world’s top economist Professor Amartya Sen says Modi’s demonetization decision has showed the authoritarian nature of the Indian government.

Similarly, former Prime Minister of India and leading economist Dr. Manmohan Singh said in India’s Parliament that Modi’s demonetization scheme is a case of “organized loot and legalized plunder.”

According to a statement issued by Delhi BJP, the party workers will stand on.prominent markets, traffic junctions, etc. holding billboards against black money during the campaign.

By Rakesh Raman, who is a government’s National award-winning journalist and social activist. He also runs a free school for deserving children under his NGO – RMN Foundation.

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Rakesh Raman