On Day 25, demonetisation drive toll touches 82

As Prime Minister Narendra Modi�s demonetization policy drama passes the 25th day, note ban claimed lives of 82 people so far. The death toll includes farmers, newborn child, senior citizens, housewives and a Bank employee, among others.

On Day 25, demonetisation drive toll touches 82

Demonetisation will not only have an economic impact but also social and political ramifications, both from immediate and long-term perspectives. But for 82 families, it is also the reason why their near and dear ones died in 2016. The death toll includes farmers, newborns, senior citizens, housewives and a bank employee, among others.

It is Day 25 since Prime Minister Narendra Modi demonetised Rs 1000 and Rs 500 notes on November 8. Calling for a drive against black money that will only convenience citizens for a few days, the Prime Minister had launched the great, grand drive. That few days became 50 days later, Finance Minister Arun Jaitley said a few weeks and yesterday accepted very gravely at the very sombre Hindustan Times Leadership Summit that it will take 2 or 3 quarters. One-quarter means 3 months, 2 or 3 quarters mean 6 or 9 months. So much for an inconvenience.


Soon after Modi's announcement, people rushed to change their notes at petrol pumps and elsewhere. Some committed suicide, as all their wealth became just paper. From the next day, banks, private, PSU and ultra-posh ones, have seen huge, and surprisingly, orderly queues.

People are queuing in front of banks to exchange their 'black money'. The people in the queue include basic workers, senior citizens, patients, daily wagers who are struggling to meet their daily expenses etc. ATMs and banks are still witnessing massive queues all over the country.

Today, a pregnant lady, who was standing in the queue for hours, ended up giving birth to a baby inside the bank before an ambulance could arrive.

In another incident, a woman was severely injured when an angry mob have broken the windows of Ballabhgarh's ICICI Bank, Faridabad.