Demonetisation was a disaster

Modi was a true leader in his own way as he, as the Prime Minister, showed that a true democracy can be sustained as a system of governance only if it also is a way of life. I was impressed by his extempore speeches, his vision and his style of working. So, I wholeheartedly welcomed and supported the demonetisation move as it was well intended to bring the black money back because I was under the notion that 'all cash is black money and black money is in cash'. And also PM pointed out that this would be a direct attack on the counterfeit notes circulating across the border. This would also loosen the grip of corruption in our country. 

The whole nation was shocked. Media went crazy. Parliament stalled.  I was shocked and confused that how this is going to play out and was consciously and defiantly withdrawing my attention from the frenzied cacophony in media. Things began to settle down after a couple of days. I have realised that the morning hours in the queue is my share of "short pain" for a "long gain". I couldn't take my eyes off the flurry of the intellectual, economic and political debate all over media that followed this bold move which brought up many facts and figures. I still supported the move, because my trust with Modi government was total.

As we have reached the 50th day of demonetisation, almost 94% of the old notes have returned to the banks, proving that the notion "all cash is black money and black money is in cash" was completely wrong. This was a huge blow to my belief and for the government of India. The very purpose of demonetisation has been defeated. Also I became I aware that the "short pain" is not going to end soon. There was no need for the government to make people go through this "short pain". PM could have done this with more planning and precision. My trust in the currency has been shattered. My trust in the government had shattered. 

It was good to see the patience and well-behaved forbearance of the crowd in ATMs/banks, unlike the thunderous clamour in our parliament. I see exasperation more than the sadness in the crowd. As we share the pain, our trust in each other is way more than we trust in our government. Government should not take the Indians for granted for anything.