Demonetisation is monetisation in true sense, says Medha Patkar

In rural India, BJP is trying hard to spread the message that currency note is most important, the social activist says

Demonetisation is monetisation in true sense, says Medha Patkar

Social activist Medha Patkar, in an interview to Malayalam weekly Madhyamam, said demonetisation in true sense is all about monetisation. It makes clear the importance of currency.
"We do not observe these things as do with middle class people and those living in cities. Indian villages are to be called cashless economy. They have very little to do with currency. Take for example villagers living in the high ranges of Narmada. They cultivate everything they need for survival. They sell a share of their products in the market, mostly in barter system. Very seldom, they get some money in hand. I am talking about self-sufficient villages in India," she said.


She added that the Modi government was trying to impose currency on them. "They are being forced to accept currency notes as compensation for their lands acquired for dam. But, the villagers have stuck on to the demand for five acres of land as compensation," she said.

"It is the policy of the government that land belongs to Ambani and Adani. Real estate is a billion dollar business. Politicians and real estate brokers are playing hand in glove to steal land from villagers. I am trying to explain how Modi's cashless economy and digital India work in rural India," she said.