Discover and read the best of Twitter Threads about #Notebandi

Most recents (7)

The noisy battle of words over VD Savarkar is a distraction to cover up news that the Government does not like - news about the #Notebandi hearing in Supreme Court, #MorbiBridgeCollapse, the popularity of #BharatJodoYatra, the rising popularity for @RahulGandhi.
Indians are fast realising that they have been fooled since 2014, duped by false promises, taken in by massive Govt-organised scams, legislation that enslaves rather then liberates them.
#WhatsApp forwards don't fill empty bellies and stories of past #Vishwaguru glories do not make up for joblessness or loss of earnings. The people are waking up the fact that they have been divided and told to hate each other. #BharatJodoYatra threatens this cosy conspiracy
Read 4 tweets
I predict the Supreme Court hearing on #DeMonetisation will go the usual way. The petitioners will present evidece of wrong doing. The Govt will state on oath that it acted lawfully and consulted everybody - @RBI, @FinMinIndia experts, No one can prove they didnt.
The Court will find for the Govt. "The petitioners failed to prove their case or disprove the Govt's claims. The Govt acted in good faith. The petitioners are habitual trouble makers who suffered loss due to #NoteBandi and are now seeking recompense. Case dismissed"
The best outcome the pertitioners can expect would be is their case was dismissed without costs being awarded against them or with a call for their arrest and persecution.
Read 4 tweets
A 🧵on the role of @RBI in the lead up to #DeMonetisation of Nov 8, 2016
based on publicly available information. I am neither a sleuth nor an investigative journalist. All I can do is apply common sense to available information.
The Government submitted an affidavit to SC.
A 5 judge bench was hearing a batch of apeals against the Govt's act of invalidation the country's currency on 8 Niv 2016.
See for details this report in @ndtv
I have not seen the full affidavit. An affidavit BTW is sworn testimony.
ndtv.com/india-news/dem…
We don't know who signed this affidavit. That's important. because if any part of it is untrue then he who signed it has committed perjury.
Anyway acc to news reports, the Govt had held "extensive consultation" with @RBI and "advance preparations" were made before #NoteBandi.
Read 20 tweets
Follow the thread below to get updates on Police crackdown on peaceful #CAA_NRC protests in Delhi and around! #CAAProtest #Section144

17-18 bus students detained from Jama Masjid and nearby areas
Shut metro stations - Munirka. #CAA_NRC
#CAAProtest
Orders by @DelhiPolice to stop internet services in parts of Delhi. #CAAProtests #CAA_NRC
Read 16 tweets
Anybody interested in #India's #Economy should take 30 minutes time out and listen to this interview. There is both sound, credible analysis of the problem AND an entirely logical policy prescription. #AltSarkar @PIB_Altsarkar @fek_le @Vidyut
thewire.in/video/watch-ce…
A quick summary:
1. Our present problems can be traced back directly to the stupid, stupid move on Nov 8 2016 when 86% of the means of settlement of dues was taken out. Damn that #Demonetisation. We in #AltSarkar have to acknowledge it even if its defenders do not.
2. India's problem is a demand side problem. People have neither the free disposable cash now nor the confidence in their future to take a loan to go out and buy stuff.
3. You don't deal with a demand drop off by propping up supply side factors. #AltSarkar believes in logic
Read 15 tweets
#Demonetisation #Notebandi
1. Thread. Today the Government will try to refute the idea that the RBI numbers on 99.3% of demonetised currency being deposited in banks does not mean Demo was a disaster. Remember the following and watch out for some false arguments as well. 1/n
2. Remember PM Modi told us on 8 November 2016 that the Rs 500 and Rs 1000 notes with the corrupt will become worthless pieces of paper. Remember the govt told the Supreme Court that it did not expect 25%-30% of the demonetised currency to be destroyed. Well... 2/n
3. They will now say money coming into banks gives us an idea of who made large deposits and we can now catch the corrupt. Ask them how many of those who made large deposits have been identified, charged & punished since December 2016.The answer is not a single one 3/n
Read 8 tweets
#activists arrested:
Vernon Gonsalves, Arun Ferreira and VV Rao produced at the Pune sessions court at 3.35 pm. @AarefaJohari @scroll_in
(2/n) Prosecutor reads "resolutions" of groups referred to as "anti-fascist" front. Says intention was to overthrow government. @AarefaJohari @scroll_in
(3/n) state prosecutor says one of the resolutions directly called for "waging war against the State". Elgaar Parishad was formed through Kabir Kala Manch by the "anti-fascist" front. @AarefaJohari @scroll_in
Read 32 tweets

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