Kolkata: The sudden announcement of demonetization of Rs 500 and 1000 currency notes and the introduction of new denominations on November 08 by Prime Minister Narendra Modi has triggered a cash chaos coupled with a shattered banking and ATM services has hurt the commoners hard. But the chaos and dismay has apparently been overcome by optimism and hatred towards black money.
“If the Jawans can stand guarding our borders braving bombs and bullets for twenty four hours a day, standing at a ATM for a few hours for a greater good is no trouble at all”, said Take Kyamdo, a student from Arunachal Pradesh Pursuing hotel management in the city said.
Despite several announcements of ATMs and banks being pressed into the service on Saturday and Sunday, many ATMs are not working or are out of cash. In the Jadavpur area of the city Axis Bank, Ynited Bank and SBI ATMs are down shuttered. In Santoshpur an ATM of HDFC Bank was seen functioning this morning. In the Salt lake area SBI and HDFC ATMs are not working. The ATMs of Standard Chartered and Corporation Bank are too closed.
Although the demonetization process has created a bit of hardship to the common people, the NaMo magic and optimism about a corruption free, black money free country seemed to have mesmerized the people, who have shown immense support to the process.
While talking to people standing in long quos outside ATMs in Salt Lake, a student from Assam pursuing studies here said that despite a bit of inconvenience she is standing by the PM in his fight against balckmoney and corruption.
“The demonetization process should have been taken earlier.” , said one person standing infront of an ATM in Salt Lake.
Although some of the opposition parties including West Bengal chief minister Mamata Banerjee calling the step ‘Draconian’ it can be dubbed as ‘opposing for the sake of being the opposition’. Meanwhile, several of the political figures including Bihar CM Nitish Kumar and Samajwadi Party leader Amar Singh, praised the step taken by Namo.
The current currency notes of 500 and 1000 are counterfeited by Pakistan and used as a weapon against the Indian economy. The move of the BJP led government has hit hard Pakistan and its nefarious plot to destabilize the Indian economy, said Union Home Minister
Media reports suggested that underworld don Dawood Ibrahim has suffered a loss of around Rs 50000 crores owning to the scrapping of high denomination currency notes. Reports of sacks full of Rs 500 and 1000 notes lying abandoned have appeared in the newspapers. This is the first time in India when rich people are worried and poor are laughing. The social media is also abuzz with praise for PM Modi.
Summing up all the thing it can be said that the confusion and cash chaos caused by the demonetization has been outweighed by overwhelming optimism and resolve to fight corruption by people.
Article: Monishankar Choudhury