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Discussion on demonetization held
 

FROM A CORRESPONDENT

Silchar, Jan 11: Even two months after Prime Minister Narendra Modi’s decision to go for demonetization, it remains the talk of the town, and the Prime Minister has been the man of the moment since that day. In order to bring forth both the good and the bad side of the decision, an enlightening discussion, titled, ‘Demonetization, Why?’ was held under the aegis of Bharat Vikas Parishad, Silchar branch, at Gandhi Bhawan here last evening.

Speaking at the event Prof Partha Sarathi Chanda, said, “Today, I am not going to speak as a supporter of any political party,” began Prof Chanda, “But a tiger cannot change its spot. Whatever I will deliver, will be treated as a gospel of the Party that I support. Demonetization was a decision taken by the BJP Government led by Prime Minister Narendra Modi. I am aware that a large number of common people are facing problem. However, such problems will be encountered for a short period. The country is passing through a transition period and problems and controversies are bound to occur.”

 “Demonetization is nothing unnatural and it is obvious that the opposition will create hullabaloo. Noise, commotion, protest and demonstration are a symbol of democracy. Demonetization is a step can curb the evils of corruption and black money. One of the greatest benefits of demonetization has been the increased rate of direct, service and excise taxes collection,” Prof Chanda added.

 Prof Joydeep Biswas, at his best, begged to differ with Prof Chanda. He said, “It is very difficult to differ with the Prime Minister and more difficult to differ with Prof Chanda who has the knack of defending the indefensible. The Government has provided no specific answer and is silent on the 64th day of demonetization. The Reserve Bank of India has changed its decisions so many times. Actually, we are suffering from the fallacy of ignoratio elenchi (irrelevant conclusion, missing the point). We have a notion if a good and popular person takes a decision, then the decision is good and flawless. I condemn such irrelevant and illogical conclusions.”

 Prof Biswas further argued what prompted the RBI to change its decision every now and then. “The RBI has also ensured that no county on the world can copy its security features and make counterfeit notes. It makes the best quality of notes. India is a land of believers and it is easy to sell a belief. We believe that if a certain tablet tastes bitter, it will bring quick relief and cure the consumer. India is primarily cash driven country. The very argument that terror funding is being done form India is baseless. India contributes very little to world terrorism,” said Biswas.

 Prof Santosh Ranjan Chakraborty urged the political leaders and the Parliamentarians to hold debates and discussions in the Parliament.

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