8 January 2017 — Global Research
By Sridhar Chakravarthi Raman, December 11 2016
The demonetization blitzkrieg of the NDA government was served to the unsuspecting Indian public as a moral crusade to destroy the twin evils of black money and counterfeit notes. But as the days went by the stated objects of the demonetization fell apart and the government did a series of embarrassing flip flops to put forth the view that the object was to usher in a cashless society where the digitally baptized citizens would swipe their plastic cards and waft to and fro in digital wallets with consummate ease. If the overt objectives of the demonetization, i.e eradication of black money and counterfeit notes were indeed laughable, then other concerns about its covert objectives gave rise to legitimate concerns. What then is the hidden agenda of the demonetization exercise?