Re: [IAC#RG] MODI finally accepts IAC demand to replace fake notes ... but ...

Dear Dr. Kameshwar

I would like to respond to you and the other "nationalists" on our network who habitually praise the great 56 inch leader.

If IAC is perceived as perennially anti-establishment it is only because the Govt (Congress / BJP makes no difference) is perceived by us as perennially corrupt.

The only objective of Narendra Modi, it seems, for demonetization is papering over this rampant fraud and sickness which would show that 90% of our PSU Banks would fold over tomorrow if properly audited.

Since 2002 IAC (ie. myself and Veeresh Malik) have been consistently agitating against the rampant counterfeiting, fake notes etc and suggesting measures. It is all online if you care to search.

In April 2015 we, as experts, deemed the situation of fake notes so dire - 18% of all Rs. 500 notes and 13% of all Rs. 1,000 notes in circulation in 'dehaat' were fake, and external agencies (not only Pakistan but also North Korea) had achieved 100% replicas perfect in every detail (IB and RAW also confirms this) - that IAC demanded for immediate demonetisation of these notes. It is for your 56 inch hero to explain why it was not done.

In the days to come IAC will explain the massive fraud and corruption behind the present demonetisation exercise.

IAC is at the forefront asking for demonetisation to be carried out, however, we are against the CORRUPT and INSENSITIVE and INCOMPETENT way it was carried out.

regards

Sarbajit Roy

On Thu, Nov 10, 2016 at 10:35 AM, kameswar elangbam <dreksingh@gmail.com> wrote:

DO NOT claim credit, demonetization of 500/1000 currency notes is not equivalent step by replacing old/counterfeit notes by new notes, this is a master stroke to politicians, corrupt bureaucrats, justices, defence personnel and from all walks of life, let us praise some one who has done uniquely great things for the country, immaterial which party it belongs to, NO PM COULD HAVE DONE THIS EXCEPT (L) INDIRAJI,  we are becoming a perennial anti establishment group, somehow this is unbecoming of IAC.

Dr K S Elangbam

On Wed, Nov 9, 2016 at 4:50 PM, m.g.r. rajan <mgr_rajan@hotmail.com> wrote:

Demonetization to curb counterfeit and black money was necessary....but, having said that, I agree with all the points brought out by Shri Gaur. 

The poor, uneducated and insecure, who keep their savings at home, will be the ones most affected and will be victims of middlemen and dalals who will exploit them by exchanging the old currency at half the value. I sincerely hope they are taken care of.