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    Sunday, December 25, 2016

    In India, the government's original intention behind the cancellation note

    People stood in long lines in front of the bank note to be submitted

    India, overnight 500, and a thousand rupee note last month the government was behind the cancellation What is the purpose of the debate is taking increasingly dramatic turn.
    The opposition has already accused the steps in the fight against black money did not succeed at all - so the government 'Cashless Society nagadahina transaction or wants to talk to rotate the monitor.
    Prime Minister Narendra Modi on his monthly radio address, Cashless Society announced the reward for many has provoked more bitarkakei.
    But India is really ready for such transactions - what's the real uddesyatai completely different?
    India's black money is kept in a very low percentage of the cash - from the market took note of the result of large sums of black money in the fight against it is not possible to tackle all the country last month, many economists warned.
    Copyright imageEPA
    Image captionPrime Minister Narendra Modi said, "people across the country are now face to face only one question, one practice - Cashless key thing, how it all possible trading addition to the cash or cash now eager to learn
    Now, it turns out, the prime minister Narendra Modi's bound to be trouble when the 50-day period is coming out soon - in the face of his own money instead of going to hear more about the Cashless Society building.
    On Sunday, his mind Physicians' speech, the Prime Minister said, "The whole country is now across the mouth of only one question, one practice - Cashless key thing, how it all possible trading addition to the cash or cash now eager to learn!"
    "Today, as a Christmas gift this kyasalese to encourage governments to announce two projects, digital or mobile payments to merchants that they will receive the discount ayakare, the daily lottery will be deposited in the account of the buyer fifteen thousand rupees Inam," he said.
    India's opposition parties are considered, in effect accept that the prime minister did not succeed at all in the fight against black money - but now the government wants to put emphasis on nagadabarjita transactions.
    Congress vice-president Rahul Gandhi has no direct complaint, the government is encouraging this type of payment is awarding advantage of some corporate entity.
    He says, "Cashless means a few people in each transaction gains made arrangements. For example, the mobile wallet to pay petiema Modi, I say. But he was destroying the country's economy - especially poor people, farmers, day laborers or the working class has suffered more than most people. "
    India and Rs 500 notes were canceled overnightImage CopyrightGETTY IMAGES
    Image captionin India, and a thousand-rupee notes were canceled overnight 500
    Kyasalese whose benefit, that is another question - but economists think the money is not khasanabisa Ratan, from the first, the main objective of the majority of cash transactions in India thousands of crores skratinira brought under the tax - increase the amount of capital banks and the sick.
    But the prime minister has been to highlight the presence of Professor jehadakei against black money khasanabisera idea.
    He says, "which is very consciously was the first in a narrative that people eat. You see, if you want to reduce the supply of currency in the market anyway before the currency must be lifted before. Sixteen million dollar cash transactions to India if you can not pay the bank customers because the money is not coming - the story of the people do not eat, the bank will be smashed! "
    "As a result of the first people to prepare for. The best way to convince people to die for the country's soldiers are standing at the border, to fight against black money and you are not standing in line for a few days, if a little trouble!" He said.
    "With a national and patriotic tickle all the fuss is - the thing that people assume this money is going out of hand right now - but soon passed into the hands of the new money will come back!" Ratan was Khasnabish.
    ATM is running out of money within a few daysImage CopyrightGETTY IMAGES
    Image captionran out of money within a few days the booth
    The new money that did not come today - and many experts in India are now being kept deliberately limited new supply of cash, because it's part of a larger plan or gemaplyanera.
    However, nearly forty percent of adults in the country still do not have a bank account, where the Cashless society with strong daoyai experiment to be successful at what you do, the answer to that question is still unknown.

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