De-monetisation. Demon-etisation. Demo-netisation.

 

A day in the life of India – Summed up in three words!

De-monetisation. Demon-etisation. Demo-netisation.

Yes, you read them correct. Same set of alphabets. Same sequence. Same context.

Different perspectives.

Allow me to walk you through.

De-monetisation : A term in reference to what Prime Minister Modi has done. Removed the 500 and 1000 rupee notes from circulation and demonetised their transaction value. As it reads on the promissory note – “I promise to pay the bearer the sum of one thousand rupees” undersigned by the RBI governor. In case of the 500 and 1000 rupee notes, Governor Urjit Patel is not liable to honour this promise anymore. Although Prime Minister Modi has given a short-term respite on essential commodities and services to be payable by way of the older currency notes, it’s an interim relief only.

Demon-etisation : This is how the opposition and the few who at some point championed the crusade against corruption are spelling it. They are feeling the fiery breath of the demon. They are heart-broken.

That explained, we move on to the next one.

Demon-etisation : This is how the opposition and the few who at some point championed the crusade against corruption are spelling it. They are feeling the fiery breath of the demon. They are heart-broken. They are feeling looted, trampled, wasted and exasperated. I mean how much pain can someone inflict with one blow? And rubbing salt into the wounds, the international community, global media, finance experts and banking sector heads are applauding this as the tipping point for the Indian economy. Even the Marketing guru Philip Kotler is in awe of the Prime Minister.

Now my personal favourite. And I am sure personal favourite of Prime Minister Modi as well.

Demo-netisation : Explained in short. This is just a demo. Pikchrabhibaakihai mere

dost!

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