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

Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by rv11 on Tuesday September 04, 2018 @04:00AM (#17907381)
Well this is what the headline says.

Ahmedabad District Cooperative Bank received deposits worth Rs 745.59 cr soon "after" the policy was announced, according to an RTI reply.

Please check it is "after" the policy and not Just few days before demo as you claim

[ Parent | on HN ]
Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by iamshs on Saturday September 08, 2018 @10:17AM (#17940912)
That's exactly what has happened, black money got converted to white with help of politicians like Amit Shah. This FT article touches on this aspect.

https://www.ft.com/content/7dbe0e14-8d8a-11e7-a352-e46f43c58...

[ Parent | on HN ]
Re:Modi’s Cash Crackdown Failed, Indian Bank Data Shows by rv11 on Tuesday September 11, 2018 @03:09AM (#17957717)
Even if you remove Amit Shah from equation, you can say black money converted to white, by paying 30% tax.
[ Parent | on HN ]