Saturday 26 November 2016

Demonetisation Positive Effect: Brake on Fake Currency Racketeers

Indian opposition parties are talking about observing "Akrosh Divas" on 28th November 2016 against demonetisation scheme of Govt. Public also have faced lot of hurdles in personal life due to cash crunch in past two weeks. Economists and Politicians inside Parliament and in TV shows are discussing about time duration required to bring back normalcy in Financial sector of our Nation. Media has reported deaths of citizens standing in long queues outside banks and ATMs. Rural India and small sector businesses are worst affected says some media sources. Many black money launderers have resorted to many tricks for converting 'Black' to 'White'. 
Despite all these hurdles AAM ADMI (Common Man) of India has tolerated inconvenience caused, Hoping for ACCHE-DIN (GOOD DAYS) ahead. How much Black money is recovered and how Indian AAM ADMI tax burden will be exempted, How AAM ADMI will be benefited by reduction in drop in inflation, drop in Realty prices (Expected outcome) is what everyone supporting our P.M will be expecting from this entire hyped-Demonetisation scheme.


With all these 'Ifs' and 'Buts',one fact that has emerged as a positive outcome of all these efforts is Control over Fake Indian Currency Notes (F.I.C.N) smuggled from neighbouring countries from North Eastern region of India. According to this report from T.O.I (read more...B.S.F Says Curb over Fake Currency smuggling)According to this report Border Security Force has seized nearly Rs. 63,500 currency this year but once demonetisation was announced the smuggling has almost stopped.
with this positive note about Demonetisation let us move to one more Racket that is haunting Indian metropolitan cities DRUG Mafia. Bangalore is one such city that is worst affected by Drug Mafia that is targeting Youths from Colleges, Schools and Techies from Banglaore, Mangalore and Mysore predominantly. Though Karnataka Police is successfully handling these smugglers, the source of these Racketeers is enigma for police to solve says officials in Karnataka Police. Those who are unable to pay huge some of money for these DRUGS are resorting to Cycle Tube solution and Expired Medicines to get the 'KICK' of these Drugs. College students looking for extra buck are becoming soft targets of these Drug mafia. (read more here Drug Mafia Haunting Bangalore)

To conclude It is prime responsibility of both state and central Governments to bring back both economy and youngsters to main stream isn't it friends?!

Jai Hind, Jai Karnataka

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