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  1. Demonetisation a revolutionary step by PM Narendra Modi, its objective is not digitalisation: Kummanam Rajasekharan, Kerala BJP State President

Demonetisation a revolutionary step by PM Narendra Modi, its objective is not digitalisation: Kummanam Rajasekharan, Kerala BJP State President

In the popular Malayalam TV programme ''Point Blank" hosted on Asianet News, Kummanam Rajasekharan, Kerala BJP State President, shared his views on a range of "hot" political topics which includes demonetisation, black money and digitalisation in the context of India heading towards a cashless economy.

By: | Published: December 13, 2016 1:58 PM
When the Government takes a historic decision like this, there will be short-term difficulties but that is for long term good of the nation, said Kummanam Rajasekharan. When the Government takes a historic decision like this, there will be short-term difficulties but that is for long term good of the nation, said Kummanam Rajasekharan.

In the popular Malayalam TV programme ”Point Blank” hosted on Asianet News, Kummanam Rajasekharan, Kerala BJP State President, shared his views on a range of “hot” political topics which includes demonetisation, black money and digitalisation in the context of India heading towards a cashless economy.

Here’s a brief excerpt of the question-answer format during ”Point Blank” with Asianet News last evening:

Question: Prime Minister Narendra Modi says that demonetisation aims to tackle black money and help the poor in the long run. How does this benefit the country?

Kummanam Rajasekharan: Whom else does this move benefit other than the nation? Black money is an issue that the NDA government had always talked about and focused on. When black money is tackled, there will be transparency and accountability in the system – we will see more and more people, who were earlier black money hoarders, coming forward and choosing to pay tax with honesty. Whatever black money is now being recovered is also going to the Government in a transparent way, sources will be probed and this will benefit the nation.

Question: What about the ordinary people suffering because they are unable to withdraw their own cash?

Kummanam Rajasekharan: When the Government takes a historic decision like this, there will be short-term difficulties but that is for long term good of the nation.

Question: Why is demonetisation being repeatedly marketed and packaged as being for the “welfare of the nation”?

Kummanam Rajasekharan: Let us not forget that the NDA government under the leadership of Prime Minister Narendra Modi is the only government that had the courage to take a historic decision like this. This step can transform the economy.

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Question: Why are we harping on courage when we refer to Prime Minister Narendra Modi’s decisions? Is it really courage or ignorance that makes a leader take drastic steps like this that can impact every Indian?

Kummanam Rajasekharan: Prime Minister Narendra Modi has taken a revolutionary step which requires great courage for any leader to undertake – which is why no other leader did this earlier. Now look at the ripple effect of this decision – ordinary people are opting for digitalisation and cashless transactions.

Question: So is demonetisation all about driving the Digital India campaign? Then why did the Prime Minister not mention it when he first announced the demonetisation decision – why give it the garb of tackling black money and counterfeit currency?

Kummanam Rajasekharan: Because the objective of demonetisation is not digitalisation! What I stated is how the decision has made a ripple effect across the society – we have more and more ordinary Indians choosing to opt for cashless payments – which is a good thing.

Question: Why did Prime Minister Narendra Modi not emphasize on digital payments and cashless economy at the outset as that would have saved everyone a lot of trouble? To emphasise on it after a month seems like an after thought, isn’t it?

Kummanam Rajasekharan: Once a historic decision is made, prioritisation is to be implemented in a need-based manner. Once the announcement was made, the top priority of the Government was to ensure that need-based measures are implemented – make sure RBI prints enough notes, banks follow the procedural norms, ATMs have enough cash, and so on. Now that we have completed a month, the priorities will again change, based on the need of the hour for the people.

In this interview given to Asianet News, Kummanam Rajasekharan, Kerala BJP State President emphasised that demonetisation is a path-breaking step taken by Prime Minister Narendra Modi, which will usher in transparency and accountability into the system, thereby benefiting the entire economy and the nation in the long run.

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