Reflections on Republic Day
By ALBERTINA ALMEIDA
Come Republic Day and an apparent prevailing disregard for the Constitution becomes an occasion to stock take and introspect.
Tag: demonetization
Demonetisation, both Economic and Social
By AMITA KANEKAR
It seems to be Achche Din for attacks on the citizen, economic as well as social, open as well as insidious. The open one is of course the demonetisation of currency. In 50 days there will be a new India, claims the Prime Minister; the ATMs will take 21 days to function normally, say the banks. Such is the gap between the hot air spouted by our leaders, and the situation that is actually killing people on the ground. Enough people—including even the BJP itself in its earlier avatar as opposition to the Congress government’s small demonetisation attempt—have pointed out that demonetisation never fulfils its purported aim of attacking the black economy; what it does do however is to attack the poor. The real aims of demonetisation are reported to be actually something else: to provide a shot of income to banks that were critically in the red, and also to upset the cash calculations of other parties for the oncoming elections.