Demonetization: Will it work for us?

In recent demonetization of 500 and 1000 Indian currency notes brings a number of challenges for the country. In every sphere there are both in favour of and in against the government decision. There is an illusion spreading in the people over the decision that it is a demolition of the country’s economy. The act of demonetization decision has been taken very carefully, said government authorities. There are several casus behind this decision to stop the corruption, black money/marketing, terrorism and naxalite activities in the country. These are hugely negatively impact to our countries development. If we go to the past we have seen many discrepancies in policies to eradicate the above mentioned issues. Obstacles are many more in the past. There was no doubt the past governments were not thinking about it then why they were not able to stop it, this is something which force me to think seriously.

Why we haven’t control it from the beginning?

Why we haven’t created any policy to strengthen our economy?

Why the political parties are not following and implementing the agenda after winning the elections?

Why the political leaders are making politics only on these issues in election time?

The government of India has printed it’s currency over 60 times then the actual value.

Why the poor are became poorer and rich are become richer.

This is very upsetting matters for our society as well as for the country’s economy. Now India is an emerging economy and as a noticeable power in the world scenario. Most of the countries are looking at India and this country too. India has a great potential for the business opportunities for the rest of the world. India has lot of natural resources which the other countries don’t have. The 2^nd largest population of the world, a great human potential and intellectuals too. Many people from India have number of credibility and dignity in number of highly respective and responsible positions in different sectors of the world.