Continues
from the previous post -
In our country, in
affluent societies, people are using these facilities since long; it
is not a new thing. Prior to facility of on line people were using a
cheque book and were paying by cheque. For sizable sums, it is most
convenient to pay for purchases. However, Modi wants this method to
be used for all types of transaction. That is foolish. Because every
time you use it you pay commission to bank and that way, your
purchase becomes that much more costly. Poor Indian cannot accept
that. Therefore, we see there is growing resistance to this. Here we
ask government why government insists that we do not withdraw cash
from our accounts. It is my money I should be able to withdraw it as
and when I want. Government has no reply to this. Existing law does
not allow government to make people forcibly accept cashless
transaction. Cashless method leave large sum of money with banks.
This makes it like a fix deposit and by that, the bank can give large
loans to the owner of that bank. Banks owned by government also
benefit by this. This could be one possible reason after this
insistence for cashless. This may be one reason why our government
has put limit to withdrawals.
The hidden reason
for not allowing people to have cash in their hands is horrible. Cash
in my hand is my freedom. Modi government wants to curb your freedom.
If you are free, you are likely to oppose his government and its
nefarious undemocratic activities. He has power to curb your accounts
and stop you from opposing his government when all your money is in
banks. He can order to stop your account and by that kill your all
movements. Our government has done it with one international NGO who
had asked questions to it on certain deals in mining rights.
Nevertheless, some cashless deals are taking place such as those with
cheque. For large amounts, cheque has been the way since long. Modern
technology has offered more facilities such as debit card, credit
card etc. in spite of them right to keep his money of any value
cannot be banned by any government if it poses as a democratic
government. Modi administration has no acceptable reply to justify
their demand that people will not have their money in their hand. All
efforts to control value that a citizen may want to keep in his
possession are indication that this government wants to curb freedom
of Indian people. Unless RBI guarantees payment of all funds, incase
of bank closer, this government has no right to curb our desire to
hold our money to ourselves. Let Modi government bring in this
provision and then if it says that citizens need not keep their money
to themselves may be appreciated.
Continues
in the next post –
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http://ashokkotharesblog.blogspot.com/
for stories
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