After 50 Days: What Happens?

Honourable Prime Minister of India appealed the people of the nation to be tolerant for 50 more days and he would bring the change. But then, what change would he bring forth? Incidentally, Modi, Economists and common people have dissimilar assumptions on what exactly would happen after 50 days. Check out the following.

Modi is of the opinion that lakhs of crores of money would be deposited in all the banks across the country by December 30. He might announce the sops such as own houses, sites and announcing new welfare schemes to the people of below poverty line. The union government may also announce recruitment of some jobs to pacify the youth. Besides, Modi may have the plans to impose taxes on the fixed and floating properties of the people. He may dig out the properties of binamis of top politicians of opposition political parties and anti BJP activists.

Economists are contradicting with the above assumptions of Modi and his followers. According to them, around 6 lakh crores of money might be deposited from the common people and black money holders across the country. And the government should not treat it as its own money as people would take this money back exchanging their old denominations with the newer ones. As such, the government's plans of accumulating huge depositions may not be possible. Eventually, Modi's plans may go in vain. Experts say, a total amount of 1.20 billion black money was deposited in foreign banks. Unless the government take stringent actions to brink it back, no plan of action gets succeeded in India.

On the other hand, common man turned out to be the victim of high currency notes ban. Initially, they treated it as a heroic act of the PM. Within no time, they realized the truth that this cruel decision of the PM would show its adverse effects on the them but not on black money holders.. Right now, common man has lost all of his hopes. His fixed properties prices have been depreciated drastically. He is postponing the marriages of his children, constructing houses and other properties etc. Currently, their minds were blocked with the perplexing decision of the PM. Let's hope, Modi should weave a magic to bring the normalcy and should make a miracle after 50 days.