India 24 November 2016: In yet another surgical strike by PM Modi on the night of November 8 saw most of India sleepless. The move by PM Narendra Modi to go after black money by declaring that currency denominations of Rs 500 and Rs 1,000 were rendered illegal. This move, known as currency demonetization, took everyone, including his cabinet, by surprise. It is the bold step taken by the PM to stop the black money and corruption at every level.
Sugical strike on Demonetozation by the govt taking this as an opportunity Socialite and Advocate Anuja Kapur says, lets unite and fight back the most imp evil of society she request and please every citizen of India to combat dowry and help to promote the value of a woman as a substance rather than as a commodity to be used as a barter system in marriage. Lets make this demonetization move as an historic moment to achieve women empowerment in the correct sense.
The move came as surprise to everyone and surely, common men are facing difficulties as banks and ATM’s are witnessing long queues to exchange their money. But PM and government assured the people that this is the temporary problem as the system will be back to normal within few days and the normal cash flow will prevail. Speaking on this issue Anuja Kapur said, “This is a temporary inconvenience and once we have the sufficient revenue in our banks there will not be any problem. We should not make hype about the black money and help others who are in need rather than throwing or burning our money. This is the time that we should support our PM to fight against the corruption and black money”.
However, the demonetization move of 1978 too was made to tackle the black money economy. In the year 1978, the Indian government demonetised Rs 1,000, Rs 5,000 and Rs 10,000 notes, which were quite substantial then. The move was executed under the High Denomination Bank Note (Demonetisation) Act, 1978.