Letter to editor on demonitzation
Answers
The Editor
The Hindu
City....
December 6, 2016
Sub: Demonetization.
Sir
I write to you to express my views on the recent enactment of demonetization
policy banning the notes of 500 and 1000
denominations. ‘This move of the PM is being hailed as significant and important
an event as was Mahatma Gandhi’s movements against the British. He did it for
the political freedom of the country; PM Modi did it for the economic freedom
of the poor and underprivileged people of our country.
It is not the first time currency is being changed. It has happened earlier also. Demonetization was implemented first in 1946, in 1956, and in 1978 also. The purpose behind previous demonetization reforms were the same as is now—curbing counterfeit money and black money.
This crusade against the black money has been welcomed by the masses. However, there is furor of protests, complaints, and resistance to the move from those who have been hit hard, especially the corrupt politicians, businessmen, etc. PM Modi’s banning the notes aims at ferreting out billions of rupees stashed away in hard cash by some unscrupulous anti-national people such as criminals, terrorists, drug-smugglers, gamblers, corrupt politicians and officers, and businessmen.
It has been reported that India is on top of the list of countries that have kept their black money in Swiss Banks. India with $1,456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined. So you can imagine the extent of black money problem in our country. Similarly, within the nation the amount of hidden black money in the form of 500 and 1000 rupees notes is equally staggering. If the same amount is brought back to our country, our economy will flourish fast. PM Modi’s intention behind the move is purely to break the back of those people who have the black money or are involved in black money activities. Secondly, some anti-national agencies are using this black money and fake money to destabilize India. Pakistan and China are directly involved in these countries. PM Modi’s move aims at disrupting their anti-India activities by banning these notes, as it has been confirmed, these anti-India agencies use fake 500 and 1000 rupees notes by printing them.
I just wonder at some political parties in opposition who are unnecessarily making such a mountain out of a molehill. The PM has taken this step keeping the country’s prosperity and security in mind. Undoubtedly, there will be some inconvenience for some days. Such politicians as are trying to take undue advantage of the situation must be ashamed of themselves. Besides, the poor, the mediocre sections of India have welcomed this decision of the PM. In the long run this move is going to benefit the nation. There will be less corruption; more investment; better infrastructure; and general improvement in everything.
Through the columns of your esteemed daily I appeal to the fellow countrymen to support this enactment of the demonetization policy wholeheartedly and thwart the intentions of corrupt politicians, bureaucrats, and anti-national people. I am hopeful you will give due space to my ideas in your esteemed daily.
Yours truly,
Name