10 People most affected by Modi’s Anti-Black Money campaign

    The country as a whole has been affected by the anti-black money campaign. As common citizens, we all had to face cash troubles and wait in long queues for ATMs, despite that, the move was supported largely. The targeted section of corrupt now face nightmares. A list of 10 most affected stakeholders is presented below.

    707
    3461778

    1Politicians

    In Indian elections till about a decade ago booth capturing was the biggest problem. With time and efforts of election commission booth capturing was almost eliminated but electoral funding still remains a looming threat to our democratic system. Fighting elections is a costly affair and the expenditure limits set up by election commission are unrealistic and barring a few almost all parties take anonymous donations from affluent business class and which is mostly tax evaded money. Obviously, donations from businessmen are paid back in terms of skewed policies and biased decisions in their favour. Demonetisation along with the budgetary announcements by FM is a crucial step to reduce the amount of anonymous donations to parties from twenty thousand to two thousand rupees to curtail black money into politics.

    Dravidian political parties are known to win elections on money power; one of them hardly conducts public meetings and only distributes money as evident in R K Nagar by poll caused by Jayalalithaa’s death. Parties in Maharashtra are famous for giving tickets to real estate businessmen and mint their money. Similarly, UP is also known for regional parties using black money to fund elections by selling tickets. Measures like demonetisation are set to deliver a big jolt to many of them as was evident in UP elections where some parties had less money to spend. Use of tax evaded money for donation to political parties to get undue favours in return is set to reduce in the times to come.

    Demonetization will cause a cash crunch for political parties as most of them depended on black money. This would in turn open the debate for much needed electoral reforms that’s been pending for long and ultimately may be a step towards the cleansing of the system.

    If the politics don’t require black money from corrupt people they may legislate and govern better and not hesitate from taking stern actions against corrupt businessmen, which would formalise the economy to a greater extent leaving the exchequer richer.

     
    Back


    SHARE
    Previous articleBollywood Stars Who Went On To Shine In Hollywood Films
    Next article10 Bollywood Movies without songs that went on to become blockbusters
    B.Tech NIT Surat, 2012 batch Assistant Manager, RINL,, VizagSteel Working as freelance Content writer for academic, political and social Issues for last 2 years

    707 COMMENTS

    1. No no Vishwasji! This is Vishwaas-Ghaath! I totally disagree with you. He is the Raakshas along with Amit Shah his twin-Raakshas both together statshed almost FIFTEEN LAKH KAROD RUPAYE all over globe in his (Modi’s) endless globe-trotting!

    2. Why many of you are against the Muslims and Christians. You talk about defamation if we speak the truth. What kind of democracy Indian can you call yourself when you speak against other religions. This shows the true hate against us. Yet you guys wants foreign funds for other things that this country needs. Why can you guys stop criticizing other religions and live in peace. I defy anybody to put a case on me if I’m saying lies. What if the Muslim countries stop giving us oil. What if Christian countries stop giving us technology and weapons. What if we are also banned with sanctions for religious violence. If you people want to talk about Congress or BJP don’t involve religion. Remember no country can destroy another religion. for a country to grow and develop we need to be united and then growth will follow. BTW ….The congress kept all religions together whrn times were hard or else our country would have been destroyed 70 yrs ago after Mahatma Gandhiji was killed by the Hindu Fundamentalist. Those were the days when it was very hard to make people think sensible. People who hate any party must be the same psychopaths ,who were taught to instigate violence. Don’t make or create another civil war.

    3. Economic measures taken by Modo have some definite long term interests ;it canot work like a balm for headache.
      Allow some time and see the magic.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here