Cash Crunch? Modi Says Use Mobile Banking. Will You?

If you do not have proven record of success in the related field of work, you are not eligible to hold any government position such as a minister. Unskilled ministers and bureaucrats are destroying our country. ~ Rakesh Raman

Following the Prime Minister Narendra Modi’s demonetization decision taken on November 8, there is an acute shortage of currency notes in India.

Modi had removed currency notes of Rs. 500 and Rs. 1000 from circulation, saying that the step has been taken to check corruption and stop the flow of black money.

Common people and opposition parties in India are up in arms against the Modi government because the decision to stop the circulation of currency is causing severe hardships to commoners.

This war-like situation is causing deaths of innocent people who keep standing in queues even in harsh weather with the hope to get their own money from banks.

[ Modi’s Demonetization Is Organized Loot, Says Dr. Manmohan Singh ]

These days, Modi is facing a severe backlash from hundreds of millions of people in India against his cruel decision. As dozens of people are dying because of Modi’s demonetization scheme, the opposition parties in Parliament had decided to observe November 28 as an All India Protest Day – Akrosh Divas.

As Modi is an arrogant politician, he is asking people to use mobile banking and cashless transactions if they do not have currency notes. Modi does not want to think that over 70% of Indians are uneducated; so they will not be able to use mobile banking, etc.

And should people stand in long queues to get their money from banks or should they attend mobile banking classes? Modi has no answer.

[ Modi’s Monarchy: Banks in India Refuse to Pay People’s Money ]

But he enacted a drama in his office on Monday to highlight the importance of cashless transactions. Officers including Principal Secretary Nripendra Misra and Additional Principal Secretary P.K. Mishra, conducted a workshop for staff of the Prime Minister’s Office (PMO).

They tried to educate officials about the process of mobile banking, and conducting daily transactions through mobile applications.

Officers demonstrated the process of cashless transactions, and helped their staff download the relevant mobile apps on their phones.