Discussion Demonetisation of old Rs. 500 and Rs. 1000 currency notes

[iDJ]

I think we need to do new things, it might work or not but it is better than not doing anything so demonetization attempt was good although it was not that effective.

But the arrogant PM won't accept his failure. Modi's Money Madness

 

[Viki]

I think we need to do new things, it might work or not but it is better than not doing anything so demonetization attempt was good although it was not that effective.

New things doesn't mean that you can do id*otic things

 

[Viki]

Source


I never seen a PM making fun of his own citizens.

 

[Jas]

What system didn't support. It is the worst decision made by Mr Modi.

Instead of doing some id*otic stuffs , being quite is better.

"PM Modi on demonetisation: Bear pain for 50 days, then punish me"
“Maine sirf pachas din mange hai… December 30 tak mujhe mauka dijiye… Agar December 30 ke baad, koi meri kami rehjaye, koi meri galti nikal jaye, koi meri galat irada nikal jaye, aap jis chaurahe main mujhe khada karenge, main khada hokarke desh jo saza karega, wo saza bhugatne ke liye taiyyar hoon (I have only asked for 50 days. Give me time till December 30. After that, if any fault is found in my intentions or my actions, I am willing to suffer any punishment given by the country),” he said, speaking at the foundation stone laying ceremony of the Mopa airport in Goa.

PM Modi on demonetisation: Bear pain for 50 days, then punish me

 

[Jas]

Source


I never seen a PM making fun of his own citizens.

This man is a disgrace to the chair of PM.

 

[sujitnair30]

People start using when they feel to use it.

One of the reason told for the demonetization was cashless transaction.

Now , RBI data says the cash is the King again , 10% increase in cash transaction after demonetization. Tell me now , what is the achievement here in cashless transaction by demonetization.

Bro it's the people who will have to bring the change in themselves. Modi took a very brave and bold move which of course didn't become that successful but still PM of the country alone can't keep a check on each and every people.

 

[Viki]

Bro it's the people who will have to bring the change in themselves. Modi took a very brave and bold move which of course didn't become that successful but still PM of the country alone can't keep a check on each and every people.

What brave in that , one should be id*otic , arrogant to take such useless move and make people struggle ? What is the achievement of that move?

 

[nambbus]

https://twitter.com/x/status/1060378259567722499

Source

 

[Jas]

What brave in that , one should be id*otic , arrogant to take such useless move and make people struggle ? What is the achievement of that move?

Our pm is always in April fool mode.
Some gets trapped in his antics while others does not.

 

[Viki]

The impact of Demonetisation has been felt on collection of personal income tax. Its collections were higher in Financial Year 2018-19 (till 31-10-2018) compared to the previous year by 20.2%. Even in the corporate tax the collections are 19.5% higher. From two years prior to Demonetisation, direct tax collections have increased 6.6% and 9% respectively. In the next two years, post Demonetisation the increase by 14.6% (part of the year before impact of Demonetisation in 2016-17) and an increase of 18% in the year 2017-18.

- Arun Jaitley

What Jeitley has told is true , but yet Again ill-informed data.

Check the graph.

Financial Year wise increase in Income tax collection during Cong & BJP rule



Congress :

FY 2009-2010 - 13%
FY 2010-2011 - 18%
FY 2011-2012 - 11%
FY 2012-2013 - 13%
FY 2013-2014 - 14%

BJP :

FY 2014-2015 - 9%
FY 2015-2016 - 7%
FY 2016-2017 - 15%
FY 2017-2108 - 18%

Congress without any disaster decisions like demonetization have achieved better increase in Income Tax collection than BJP.

Average increase in Income Tax collection by Congress - 14%

Average increase in Income Tax collection by BJP - 12% , with Demonetization

Tell me which is good governance? Increasing the tax collection without affecting citizens or the other one which broken the spine of the economy?

Data Source : Income tax India



#DemonetisationDisaster #Jaitlie