If Narendra Modi Is Serious About His ‘Surgical Strike’ On Black Money Then…
IF is the word to remember all the while. At 8:15 PM on November 8, Prime Minister of India, Narendra Modi in an unscheduled live televised address to the nation announced the circulation of all ₹500 and ₹1000 bank notes of the Mahatma Gandhi Series as invalid and announced the issuance of new ₹500 and ₹2000 banknotes of the Mahatma Gandhi New Series in exchange for the old banknotes. This step was lauded by all (at first) for its boldness and, showing resolve to fight the menace of counterfeit notes running in market and taking fight against Black Money which was Modi’s big electoral promise to new heights. This was initial response (read mostly from social media). But next day when sun rose and people started to function in real world, things got real. The questions on execution of this ‘bold’ step which had large scale ramifications started to make way into normal conversations. But on all that after-effects later. Let’s first dive into that one reason whi...
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