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.

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    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.

     
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    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

    439 COMMENTS

    1. Black money is bad thing for our nation due to some number of people for that people to set right and out nation is our every thing …..Modi sir pm his policy for protect the rights of common man if he will get five more for ruling his party .In his party also not all good people but modi loved to the nation by positively …jayhind

    2. Well the most affected is not ten it is eleven. The write up has missed the most important one, “Common citizens” who have been screwed by this man.

    3. No body is bothered about Rahul’s comment on Modi,because Modi is internationally famous leader with dignity and honour.world and most of the indians knows very well that Modi is honest,sincere and hard working leader.since past 60 years, india got leaders like this fist time.India has already given its full marks for his honesty and patriotism,many channels have already announced this.so who cares for Rahul,and people will consider his speech as joke?

    4. s. u r right harish. v r having a great pm but majority of the print media and tv media are opposed to modi sir, since, they r indirectly connected to some dirty politicians.

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