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LATEST NEWS UPDATES | Has euphoria in Uttar Pradesh over fighting black money turned into disappointment? -Gyan Varma

Has euphoria in Uttar Pradesh over fighting black money turned into disappointment? -Gyan Varma

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published Published on Nov 6, 2017   modified Modified on Nov 6, 2017
-Livemint.com

Political analysts feel there is a sense of dissatisfaction in Uttar Pradesh on demonetisation, though the political dominance of the BJP continues

Baghpat, Shamli and Sardhana (Uttar Pradesh):
Ved Pal, a 35-year-old farmer from the village of Bodda in Baghpat district, thinks demonetisation was the right thing to do even if its immediate aftermath was painful.

“Any new work undertaken by any individual or government will always face problems; so demonetisation was no different,” Pal said. “People faced problems but it was a correct step by the government to end black money.”

On the eve of the first anniversary of the note ban, which took out 86% of the currency in circulation by value and triggered a nationwide cash crunch, there is still popular support in Uttar Pradesh, India’s most populous state, for Prime Minister Narendra Modi’s audacious move.

That support manifested itself in the February-March assembly elections which Modi’s Bharatiya Janata Party (BJP) won to return to power in the state after a gap of 15 years.

The voters rewarded it with 312 seats in the 403-member assembly, seeing the note ban as part of the fight against corruption and black money.

“There is no doubt that we had to face some difficulties but our work got done. It was a good step in the right direction,” said Sunil Kumar, 40-year-old farmer from Shishana village in Baghpat district. “I am a farmer, my money is safe in the bank. We didn’t lose any money.”

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Livemint.com, 6 November, 2017, http://www.livemint.com/Politics/CeYZuSxCJLnpBO3wx80AtJ/Has-euphoria-in-Uttar-Pradesh-over-fighting-black-money-turn.html


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