Wednesday, November 30, 2016

An employee’s views on Demonetization

At the outset let me make one thing clear here. I am not writing this from the prospective of an economist or a political analyst. I am simply sharing my own experiences as a common man of this country. The demonetization move made by the Prime Minister has brought almost all the political rivals our country together and all of a sudden made them to realize the hardships faced by the public. It is true that public are put to face hardships and even the country has witnessed few unfortunate deaths because of demonetization. At the same time we should not forget that many of those deaths occurred due to inhuman acts of few organizations and individuals. Govt. has given enough time to make deposits in bank accounts and private hospitals and other essential service providers allowing people to die at the emergency situation was fully unethical.

Many people accept demonetization as a good measure but blame the Govt. for the poor preparedness. The present move of demonetization is a war on black money and utmost secrecy was required. Any hint leaked out to the corrupt officers would have jeopardized the very basic intention of the act. We all know that today many corrupt bureaucrats are guiding the politicians in corrupt practices. The number of Vigilance Enquiries going on against senior officers in our country will make it clear in what dangerous situation our country is. Just go through an official report given by the Govt. of India in 2013.

“ As per information provided by the CBI, 65 cases (RCs & PEs) are pending under investigation/enquiries against 19 IAS, 01 IPS & 67 other Allied Central services personnel as on 31.10.2013. Besides the above, 180 cases are pending under trial against 154 IAS, 15 IPS & 102 other Allied Central services personnel. 24 IAS, 07 IPS & 16 other Allied Central services personnel have been convicted during the last three years i.e. 2010, 2011, 2012 & 2013 (upto 31.10.2013). ”

Do you think the Govt. could make a perfect plane to avoid inconveniences to the people when such type of people runs the day to day affairs of the Govt.? The inconveniences and hardships faced due to poor preparations of the Govt. were unavoidable as the entire plane was kept within very few at the top level of the Govt.

People ask about nearly one hundred deaths occurred due to demonetization. Why do we forget about thousands and thousands of farmers committing suicides and at the same time the rulers of the states constructing 1 lakh sq feet homes spending more than 38 crores and undertaking foreign trips in charted flights? Should we forget about ministers responsible to look after the famers were busy with looking after Cricket affairs when thousands of farmers were committing suicide? Should we forget about the number of poor people killed by the WB police while trying to acquire land for a private concern during the Communist regime? The present WB Chief Minister is too much worried about the inconveniences caused by the people standing in ATM ques. Does she remember the number of Bandhs she called during her political career and about the sufferings faced my lakhs and lakhs of long distance train commuters because her bandh calls?           

Let me now come to few issue related to of black money and the common man. There are nearly 184 Private medical colleges in India and each college has an average intake of 100 seats. So there are nearly 18400 MBBS seats are at the desecration of the managements. I personally know that the rate of one MBBS seat in a particular medical college at Chennai is 80 lakhs and the minimum rate at many other colleges is 50 – 60 lakhs. Not single rupees of this capitation fee are accountable; neither at the receiving end nor at the giving end. Do you think a person spending such huge amount of money for his education will do social service when he comes to practice? He will definitely recover the amount with interest from the common man by prescribing Ultra Scan, Doppler Scan etc for common headache and also performing unnecessary surgeries. The above is only about Medical Colleges. You can think of the same about other types of higher institutions as well.     

Majority of the private educational institutions, hospitals, business establishments etc  in our country maintain multiple account books and software’s. One for the customers and one for the Govt. Few years back I visited a medical specialist in Chennai. He charged Rs.1000/-(one thousand) as consultation fee’ but No receipts & No records. He sees nearly 30 to 60 patients in a day. Just calculate his unaccounted income. The worst part in the above case is that those serving in the above organizations are always underpaid and treated as slaves. Another issue in this aspect is private institutions paying less than half of the amount to the employees they show as salary to the Govt. The helpless employees simply obey their masters and sign at the dotted lines. Now the employees can no more do it because they will have to be accountable to the Govt once the entire money transactions comes under scrutiny. How will an employee pay tax for the amount he doesn’t receive?      


I am not saying that demonetization will completely wipe out black money. But Our PM has made it clear that basic idea behind the Govt.’s move is to bring the entire money flow accountable. I am confident that digital money will solve many such issues. We could feel the change in the life of people when that takes place. Govt. has nothing against those earning legally and paying taxes honestly. So I don’t think there is a need for the common man to get panic. We are enjoying the fruits of sacrifices made by millions of patriotic people but unfortunately we have become too much self-centered. We do not wish to think beyond our today’s life. Let us be ready to do few sacrifices for the betterment of our future generation.