Sunday, 26 March 2017

No confusion: Demonetization's only aim was to win the Uttar Pradesh elections

The intelligentia's posed dilemma about the purpose of demonetization is a worthless waste of time. We all know why DeMo was initiated by NaMo. It is pointless to waste time and pretend to accept Prime Minister Narendra Modi's reasons for DeMo as 1) against black money 2) against terror money 3) for digitisation 4) for cashless society 5) for less cash society 6) for banking of cash deposits.

Let us stop accepting these excuses and accept the real reason for DeMo, i.e. to win the Uttar Pradesh elections. However, I fully support this noble purpose and I think the PM was right to do this.

The money deposited in banks will again be withdrawn. The stacks of black money has already been converted into stacks of Rs 2,000 notes. The forgeries are active again through Bangladesh and Pakistan and the other reasons are not even worth discussing.

However, Uttar Pradesh would not have been cleansed off the dirt that it is today if NaMo had not kick started DeMo. This step ought to have come from hours of discussion by NaMo and AmSh in closed drawing rooms.

How do we nullify the stacks of black money being used for funding election expenses in Uttar Pradesh by Akhilesh Yadav and Mayawati, must have been the refrain in such discussions.

Finally, the two long time colleagues must have hit upon this master move and implemented it. The result: Both the Samajwadi Party and the Bahujan Samaj Party are in tatters and the condition of the confidence enjoyed by the leaders of these parties is the same.

Finally, an outsider who has a clear track record of cleaning up the stables has been made chief minister of Uttar Pradesh. Yogi Adityanath has been given his just desserts and so have been the people of Uttar Pradesh. Wait and watch. The changes are already happening.

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