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DEMONETISATION Ulterior aim

The Times of India


9 November 2016 Wednesday
Narendra Modi Government announced DEMONETISATION on 9 November 2016
Wednesday, claiming it was all about fighting BLACK MONEY.

Banks were closed, ATMs were shut for 2 days.


Narendra Modi Government did not allow more than Rs 2000 Per day
transactions until November 18, 2016
Old Notes was supposed to be deposited in banks and post offices.
New Notes to be issued from November 10th 2016 - to check fakes.
Before that way back in 18th August, 2015 - Narendra Modi Government launched
an Amnesty scheme for ACTUAL Black Money holders, known as Voluntary
Disclosure of Income Scheme ( VDIS ). Under the scheme, Narendra Modi
government assured complete immunity to those who have BLACK MONEY, incase
they paid some small amount as tax, surcharge and penalty. Through this scheme
Narendra Modi government converted more than Rs 60,000 Crores of BLACK
MONEY into White Money. This money was later allowed to be deposited in PSU
banks.
BJP Leaders support DEMONETISATION

Narendra Modi Government is resettling Africans across India


Visit - INA Market ( New Delhi ) and Read - Rs 55,000 Crore Air India Scam
Also Read
DEMONETISATION and Cashless Society
Expose Demonetisation of Narendra Modi Government
Narendra Government to inject Rs 2.1 Lakh Crore to strengthen public sector
Banks, boost lending as reported on - October 25, 2017.
What opposition had to say..?

Kapil Sibal of Congress suggested that Narendra Modi Government is going to use
the money common people are depositing in banks to bail out big Industrialists who
have defrauded the banks. Arvind Kejriwal of AAP likewise underlines how its not
..Ambani-Adani.., who are being tormented but farmers, rickshaw-pullers,
shopkeepers and labourers. Just because they are opposition Leaders doesnt mean
they are LYING, they are just telling what I am saying, DEMONETISATION was all
about recapitalize BANKRUPT - PSU Banks. Google - The Great Indian Bank
Robbery.
Narendra Modi Government announced DEMONETISATION on 9 November 2016
Wednesday.
Raghuram Rajan announced his resignation as RBI Governor, on 19 June 2016.
Dr Manmohan Singh summed DEMONETISATION as it is a case of organized Loot
and Legalized plunder of the common man... Many Opposition leaders including
Manish Sisodia of AAP, had claimed that DEMONETISATION was a SCAM of Rs
8,00,000 Crores. Just read above, a 35 year old scrap dealer from Mustafabad
committed suicide due to demonetization.
As Dr Manmohan Singh summed DEMONETISATION
it is a case of organized Loot and Legalized plunder of the common man...
Narendra Modi Government used MONEY MANIPULATION to steal money
belonging to common man to recapitalize Bankrupt - PSU BANKS.
Roll Back
Demonetisation
150 Eminent
Citizens tell
Government
The Times of India
16 November 2016
Wednesday
New Delhi: Prime Minister
Narendra Modis decision to
demonetize Rs 500 and Rs 1,000
notes has been opposed by a
group of 150 eminent citizens
who have urged the government
to immediately take measures to
ease the hardship being faced by
people, or consider a roll-back or
suspension of the move.
The signatories to the statement
include economists Prabhat Patnaik and Jayati Ghosh, writer Nayantara Sahgal,
lawyer Prashant Bhushan, documentary filmmaker Anand Patwardhan, artist Vivan
Sundaram, and Justice Chandru Krishnaswami (Retired).
They have questioned the efficacy of demonetisation in eliminating black money
and counterfeits. How would reissuing Rs 500 and Rs 1000 notes, and the
introduction of Rs 2,000 notes, put the brakes on the generation of black money the
signatories have asked. According to data on income tax raids, the statement says,
only 5~6% of black money is kept in hard cash, with the rest converted to bullion,
real estate or foreign currencies through the use of middlemen.
They have said that the rationale behind the move is not sound, claiming that the fake
notes in circulation, with a face value of Rs 400 Crore, comprise just 0.028% of the
total amount demonetized, and there by questioning whether it is worth the trouble
the common man is being put through.
The signatories also call into question the PMs will to truly tackle corruption and
pursue the powerful corrupt by asking Why the names of big defaulters of loans from
public sector banks have not been named. They suggest that BJPs own leadership
and associates were forewarned of the move, and ask. Why the
Government is not pushing for state funding of elections.
The common person has been beggared and is struggling to meet even basic
necessities. Twenty-two persons have died as a result of the chaos and crisis that the
demonetization has brought. The situation is likely to deteriorate as peoples patience
Wears thin over the days, the statement said.

Who were MOST AFFECTED by DEMONETISATION..?


People who were most affected were not RICH people, in realty they were not
affected at all. SUPER RICH People with money in tax havens would not even have
seen it, people who were MOST AFFECTED were POOR PEOPLE daily wagers,
labourers, rickshaw pullers, small traders and even medium traders.
Small businessmen, who were NOT using BANKS for running their every day business
were MOST affected. They lost their small fortunes ( few thousands to few lakhs ),
which they had kept inside their homes and could not account for it. They lost all
their savings and some committed suicide.

Small businessmen, had 2 Lakhs or 3 Lakhs rupees inside their homes, in Rs 500 & Rs
1000 Notes could not have accounted for it while depositing in the banks, so they lost
the entire amount. Small labourers, rickshaw Pullers, autorickshaw drivers starved
for days and there were people who committed suicide.

CARTOONS on DEMONETISATION

People simply collapsed dead standing for hours in long lines in HOT summer sun.
Numerous cases were reported from all over India.
Ulterior aim of DEMONETISATION

There are articles online, that have called DEMONETISATION a surgical strike on
a common mans pocket. Previous RBI Governor Raghuram Rajan was working
overtime to recover TRILLIONS OF US DOLLARS given away as Loans, by PSU Banks
under pressure from TOP UPA Leaders, to Big Corporate Houses. Now these Big
Corporate Houses were not paying back the amount they owed to PSU Banks.
Raghuram Rajan as RBI Governor was putting pressure on PSU Banks to recover
the money and finally the Big Corporate Houses complained to Senior RSS Leaders,
who then created a situation, which forced Raghuram Rajan to resign as RBI
Governor. After Raghuram Rajans resignation, on 6th September, 2016 - Finance
Ministry under Arun Jaitley announced that Public Debt Management Cell
(PDMC) to take away Debt Management functions from RBI.
In other words, any incumbant RBI Governor CANNOT put pressure on PSU Banks
to recover TRILLIONS OF US DOLLARS given away as Loans, to Big Corporate
Houses. Union Finance Ministry under Arun Jaitley has now DILUTED the powers
of RBI and turned it into a toothless tiger.
After Raghuram Rajans resignation as RBI Governor, RBI gave PSU Banks Rs
70,000 Crores as relief. This money belongs to the Tax Payer.
Raghuram Rajan as RBI Governor stated that many Big Business Houses in India
enjoyed ..Riskless Capitalism..; in good times they enjoy profits and in bad
times they are bailed out by PSU Banks.
Narendra Modi Government has also REFUSED to share information on BIG
CORPORATE HOUSES, that have received TRILLIONS OF US DOLLARS as Loans.
Read
RBI- Gives List of Big Defaulters List to Supreme Court Says to ..Keep It Secret..
SC: 57 debtors have defaulted on Rs 85,000 Crore.
The Great Indian Bank Robbery

Modi Government repeats


Janatas 1978 move
The Times of India
9 November, 2016 - Wednesday

A lot of Indians who praised


DEMONETISATION, did not understand that
the money that was being DEMONETISED
was used by common man small
businessmen, retailers, wholesalers and
others. If Prime Minister Narendra Modi
was serious about fighting BLACK MONEY,
he would have simply made Raghuram
Rajan his Union Finance Minister instead
of Arun Jaitley.
In realty, Narendra Modi Government is
remote controlled by RSS Agents of
Rothschild Ex Owners of British East India Company.

If Prime Minister Narendra Modi was serious about fighting BLACK MONEY, he
would have gone after TRILLIONS OF US DOLLARS lying in Tax Havens.
Narendra Modi Government DEMONETISED the currency used by common
people and this money is NOT BLACK MONEY. But Prime Minister Narendra Modi
making a FOOL of the common man called this money as BLACK MONEY.
Then he called for a CASHLESS SOCIETY, claiming that it would eradicate Black
money he was making a fool out of ignorant common man.
Read
DEMONETISATION and Cashless Society
Rs 35,60,000 Crores of Bank Loans waived off
Morarji Desai led Janata Party Government in 1978, had demonetized Rs 1000,
Rs 5000 and Rs 10,000 currency Notes, in order to curb black money. In 1978, even
Senior Officers working in Government offices would not get a salary more than
Rs 1000 per month, in private companies they would pay you a salary of Rs 700
per month in 1978, in case you were well qualified and worked as a manager.
At that time, you could purchase one samosa for Rs 00.50 paisa and one glass of tea
for even less.
Look above -
Modi Government repeats Janatas 1978 move
Morarji Desai led Janata Party Government actually wanted to root out black
money, but in case of Prime Minister Narendra Modi, his government wanted to
replenish Bankrupt PSU Banks by stealing money from common mans pocket.
The currency targeted by Morarji Desai led Janata Party Government was not
used by common man, but today almost every Indian uses Rs 500 or Rs 1000
notes.
Rothschild controlled - The Times of India deliberately did not point out the
difference.
You need to see this difference between Prime Minister Morarji Desai and Prime
Minister Narendra Modi, one is a ..Desh Bhakt.. and another a ..Maha - Desh
Drohi..
Understand the BOGUS Demonetisation
1. All eminent citizens have questioned why did the government reissue Rs 500
and Rs 1000 notes, and the introduction of Rs 2,000 notes.
2. According to IT Dept, only 5~6% of black money is kept in hard cash, with the
rest converted to bullion, real estate or foreign currencies through the use of
middlemen.
3. Eminent citizens have stated that the fake notes in circulation, with a face value
of Rs 400 Crore, comprise just 0.028% of the total amount demonetized,
Rothschild controlled Indian media wont tell Indian people that Indian Economy
is SINKING and there is flight of capital. People have argued that both
Demonetisation and GST has HIT the Indian Economy very badly. Immediately
after DEMONETISATION, Narendra Modi Government WROTE OFF loans upto Rs
59,000 Crores owed by Big Corporate Houses.
Read
1. Narendra Modi Government most generous write off
2. Rs 35,60,000 Crores of Bank Loans waived off
Narendra Government to inject Rs 2.1 Lakh Crore to strengthen public sector
Banks, boost lending as reported on October 25, 2017.
Narendra Modi Government on Tuesday ( 24th, 2017 ) announced a fresh package
to breathe life into ailing Public Sector Banks through a Rs 2.1 Lakhs Crore
infusion that will provide them with much needed share capital for lending and
revive investment, crucial for job creation in the economy. Rothschild controlled
Indian media will never speak about The Great Indian Bank Robbery.
Mamata Banerjee for Prime Minister
Mamata Banerjee for Prime Minister
2019 General Elections