Book Synopsis
SUBJECT: DEMONETISATION IN INDIA IN THE YEAR 2016: A GREAT LEAP OF FAITH AND ACCOMPLOSHMENT...Prime Minister Mr Narendra Modi announced the demonetisation decision - The details of which have been abundantly elaborated in the earlier chapters - which instantly shook up the lives of 1.25 billion people in India; “the haves” and “the have nots” alike. The honest “digital haves” were not unduly worried; but the honest “digital have nots” were in for some big trouble. There is another category - Black money hoarders - who shun digital mode of financial transactions, lest their nefarious activities should come to light.
86% of the total currency in circulation in the form of Rs 500 and Rs 1,000 notes ceased to be legal tender, by the stroke of a pen. It is not for nothing that from time immemorial wisemen said that the pen is mightier than the sword! This is a perfect example of this old age adage.
THE PEOPLE OF INDIA UNWAVERINGLY WENT ALONG WITH MR MODI'S AMBITIOUS PLAN DESPITE HARDSHIPS.