Success And Failure Of Modi Jii

Demonatisation was a sort of disturbing people's life and making there life hectic without money and to stand for hours and hours outside the bank for money. As money is the basis of life without it no one can live his/her life on the terms they want.

Narendar Modi's government is a government which makes fake promises to its public and collect vote on the basis of that and they have done various political stunts of we could say fake stunts from the year 2014. One of them is Demonatisation. The outcomes of this act were Pathetic as many event held at that time and they were stopped as Demonatisation served as an obstacle at that time.

Demonatisation was started on 8 November 2016 in order to wipe off the black money or we could say the prevailing black money from the country. According to Modi's government some consideration are listed below.

1. 99% demonatised currency has come back to the banks.

2. Black Money

Government of India expected that 30% of the demonatised currency would not return to the banks because it was Black money. If someone comes to deposit that money in bank. The bank officials would check there salary record and it would be seen that no tax payment has been done on this money and they would be caught. That's the reason why most of them have either Burned there money or have drain them in the rivers this was being said by our PM. The things turned out to be different as 99% of the money was back in the banks it straightway have 2 meanings a) Either the black money would not be this much how the government have expected.

b) The people have find out new means and ways to convert there black money into white money and then deposited them into banks.

3. Fake Currency

It was been said that demonatisation would help in Fake currency but the things turned out differently after 3-4 days of demonatisation photo was being viral in the internet that 2000 ruppe fake note has come in the market. So all should be aware of this infact till June 2017 11.23 crore fake currency were out in the market. This shows that demonatisation has 0% impact upon restricting the use of fake currency. So in this aspect it was unsuccesfull.

3. Terror Funding

8 November 2016 demonatisation was started and after that 19 November a terrorist attack on our army took place in Assam. After that on 22 November another terrorist attack took place in Kashmir after that on 29 November another attack in Nagrota had taken place. This shows within 1 month of the demonatisation so much terrorists activity have taken place and this clearly shows that there was no impact of demonatisation on Terror Funding.