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A comment on Modi’s Cash Crackdown Failed, Indian Bank Data Shows.

Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by billfruit on Sunday September 02, 2018 @10:32PM (#17899886)
What angered me the most was the suddenness of the announcement, I thought it was authoritarian to have the executive capable of issueing such orders with immediate effect. There wasn't time for courts or citizens or even legilature to look into the legality of such a move before it was effected, and constitutionally challenge it.

Such measures should have been pursued through legislative means rather than executive. The way it was done indicated the Indian Governments lack of faith in democracy.

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Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by saagarjha on Sunday September 02, 2018 @11:03PM (#17900020)
I think that was the point: if done quickly, it makes it impossible to find places to launder your illegally acquired income. Whether that was actually achieved was debatable.
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Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by billfruit on Sunday September 02, 2018 @11:09PM (#17900051)
But implementating such arbitrary measures with immediate effect is tenable in a democracy or not is my question. I think not, because ends do not justify means.
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Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by luoji_ on Sunday September 02, 2018 @11:23PM (#17900093)
Doesn't seem like there's much left to debate. All demonetisation did was serve to legitimise a lot of illegal cash that made it back into the system.
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Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by sbmthakur on Monday September 03, 2018 @03:18AM (#17901002)
True. A friend of my relative who is a Sales-tax officer had tons of cash(most of it illegal) in his home. His entire night was spent calling his friends and requesting them to take a part of his cash for some time.
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