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#RE World bank appreciates PM Narendra Modi's #Demonetisation
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The logic here is You got a New Lamborgini when you can afford Corolla...Friends and Colleagues will say Great ....but do they know the actual financial situation at home, what situation they came into with this decision, all the money family earned going to Lamborgini payment...So World Bank is just a friend/colleagues ...Citizens of India are the family.Learn about your family...
Actually, I'm amused to see THOSE SECTION of people who say YES BOSS and believe to everything Modi say even it is jumlabaazi...I hope India will be saved... You guys support whomever you want doesn't matters because that is Freedom...one said that a nation of sheeps will beget a government of wolves....
Demonitisation was applicable on entire 125 Crore population across complete geography of India. It was not localised to any region, section, community, locality etc. Therefore if we have to attribute deaths to demonitisation we must compare death rate of entire population of India pre and post demonitisation. If there is no change in death rate, we cannot keep saying so many people died due to demonitisation. People's death due to whatever cause is a personal grief to their families. Please be sensible and sensitive. Please do not politicise someone's personal grief to attribute it to some economic move which you may not have liked. Don't use funeral pyre to bake your bread.
With demonitisation anywhere GDP is expected to fall or go negative. Forget GDP falling down, here it is still growing! Marginal fall predicted is in growth rate and not GDP itself. And this marginal fall is only for short term. Further, even after marginal fall we are still growing faster than many economies!
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