Uncertainty after Demone tisation
Most political leaders passionately talk about bringing an overnight change in the system without assessing the longterm impact of such oneoff adventures. The recent demonetisation move by the Narendra Modi government suggests the same approach. According to economic experts, demonetisation is a gamble which could put the Indian economy in peril and could lead the country to some serious crises later. Despite being taken with good intentions, a wrong step can never produce the right results. Desperately playing hardball with so much urgency to prove himself a visionary leader in Indian history, Modi has been setting a wrong precedent. In the name of serving the broader public interest, he seems to be working on a personal agenda, sacrificing public objectives to fulfil vested interests.
S. V. Ajit,