Modi Retracts DeMo Jail Penalty Day After Proclaiming It

Any reputation for efficient management that Modi might have acquired has been permanently destroyed by the demonetization fiasco, which whiplashes between tragedy and farce.

Economic Times:

A day after approving an ordinance regarding punishment for those holding old notes in possession, government officials on Thursday clarified that keeping demonetised notes will not land you in jail, according to a PTI report. It also said that the minimum fine for holding old notes beyond March 31 will be Rs 10,000. “
[Lila: Down from 50,000 or 5x the value of the illegal notes.]

3 thoughts on “Modi Retracts DeMo Jail Penalty Day After Proclaiming It

    • Hey Dave,

      Thanks for the link on Gab.
      Clusterf*** indeed.
      However, you wouldn’t know it from mainstream TV channels, which are referring to all the chaos and economic problems (minimally 2-3 million jobs lost and tens of thousands of businesses shut down, reverse migration) as inconvenience.

      I think this is not a clusterf*** in the sense of incompetence. They intended this chaos. I think the repeated changes and the rest are all intended to create panic, anxiety and keep the country off balance. I wouldn’t be surprised if the cabal attacks now…in fact, this morning, our dear friend Israel warned of a terror attack in S-W India, which is of course where our dear friend Israel has plenty of footholds…i.e. in Kerala.

  1. Its an utter shamble! Modi should have given enough time to the people the demonetization scheme is a good step forward but the government should have first planned it.

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