Saturday, 17 December 2016

Post Demonetization: Political Gimmick or Battle against Corruption



              Probably, nowhere in the world, the politico-publicity stunt was experienced due to initiation of popular policy like demonetization.  Digging the past, Modi said, even then PM Indira Gandhi has not shown courage to implement demonetization.  “For them party is bigger than country, but for us, country is bigger than party” said Prime Minister.  While quoting reference of former RBI Governor Y V Reddy, PM said, the Benami Transactions (Prohibition) Act was passed in 1988 but was not implemented; if applied today then “they will shout”.
       
          Congress and CPM hit back at PM Modi for his speech.  Congress Vice President Rahul Gandhi while addressing rally at Goa said “All cash is not black and all black money is not cash.  The policy helped India’s rich to super-rich, and fire-bombed the 99 per cent of honest poor people of India.  The super-rich – 50 families travel with PM – have benefited from demonetization”.  Congress leader Sibal said “PM is neither aware of history nor does he try to find out”.  He quoted Rajendra Prasad’s remarks on demonetization before the independence that it will hit hard large section of society.  “Would Modi also call him anti-national?” Kapil asked.  “It is the CPM pressure on government of Morarji Desai that high valued notes were not normal exchange currency”, said CPM Secretary Sitaram Yechury.

             Today’s Indian Express editorial – PM prefers to speak outside Parliament, Rahul says he will only speak inside - is worth to read.  The opposition is divided and confused, preferred to stall the house than to debate; the government deviated from floor management culminated in to senior parliamentarian BJP leader L K Advani’s adverse remarks “felt like resigning from Parliament”.  The blame goes to the government for logjam.  All are loudly speaking outside the Parliament and slinging stones and mud over others.  Regarding Rahul Gandhi’s bombshell and further silence, “will he now tell the party and the people to wait until the Budget session? Each day of silence dents his credibility” the editorial asked.
               
          Supreme Court three judge bench has transferred all cases to Constitutional Bench of five judges to look after all aspects of demonetization scheme.  The Constitutional bench will give verdict on nine issues.  The verdict will certainly eased out hardships and sufferings faced by the general public.


        The general public concerns about the Supreme Court verdicts rather than Parliamentary proceedings.  Both the houses are now-a-days as good as nonfunctional.  The Supreme Court is slowly extending their tentacles in the realm of parliamentary activities and for which only Parliamentarians are responsible.  Somebody should strictly impose rules and regulations for parliamentary day today exercise; it may be the President of India, the Supreme Court or the highest body - the people of India.  Or otherwise, abolish parliamentary democracy and accept some other type of executive and legislative functioning methodology.

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