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Expose Demonetization of Narendra Modi Government

On 9 November 2016 - Wednesday, Narendra Modi Government announced Demonetisation


Banks were closed, ATMs were shut for 2 days.
Narendra Modi Government did not allow more than Rs 2000 Per day transactions until
November 18, 2016
Old Notes was supposed to be deposited in banks and post offices.
New Notes to be issued from November 10th 2016 - to check fakes.

The Above article was published by The Times of India


9 November, 2016 - Wednesday

Stunning revelation that CIA is involved in DEMONETISATION


drive of Narendra Modi Government.
US Secret Service CIA is controlled by Rothschild
Narendra Modi Government was promoting a Cashless society and promoting PayTm
Alibaba which now has 40% stake in PayTm, is well connected to the Rothschild's.
Congress President Sonia Gandhi is known to attend a secret conference known as Bilderberg
Conference hosted by Rothschild Banking Cartel. Former COAS - V.K Singh wanted custodial
interrogation of Congress President Sonia Gandhi for her involvement in Augusta Westland scam and
numerous other scams. Congress President Sonia Gandhi is also very close to Catholic Church.

1. Narendra Modi Government allows free flow of black money into India as FDI.
2. Narendra Modi Government is also involved in resettling Africans across India - visit INA
Market ( New Delhi ) and read - Rs 55,000 Crore Air India scam
3. Narendra Modi Government has also allowed foreigners and foreign companies to own
properties in India.
4. Narendra Modi Government has also allowed foreigners and foreign companies to own land,
Mines, Coal Reserves, Oil & Gas Reserves, and insurance compaies, banks etc in India.
5. Narendra Modi Government has turned India into World's Biggest Departmental Store for
foreigners and foreign companies.

US Secret Service CIA promoted shady US NGO USAID was a catalyst in promoting Cashless
Payments in India. USAID is a very shady agency.

USAID Launches Catalyst to Drive Cashless Payments in India


https://www.usaid.gov/india/press-releases/oct-14-2016-usaid-launches-catalyst-drive-cashless-
payments-india

USAID launches scheme to drive cashless payments in India


http://indianexpress.com/article/business/business-others/usaid-launches-scheme-to-drive-
cashless-payments-in-india-3083492/

Alibaba which now has 40% stake in PayTm, is well connected to the Rothschild's. Alibaba appointed
Rothschild Bank as their financial advisers in 2014.
This demonetization drive is to coerce the entire Indian population into a card platform behind which
will be a Rothschild. He will earn interest plus transaction fee on every
financial transaction done in India. The Indian economy is worth several trillions of dollars. It is
potentially a goldmine for the global elite controlled card companies. They attempted a similar
'cashless' thing in Germany in February this year. But the Germans turned out to be too smart. There
was stiff opposition after which it was abandoned.

Alibaba Appoints Rothschild Group as Financial Adviser Ahead of IPO


http://www.wsj.com/articles/SB10001424052702304626304579505260375599996

Indian Politicians who opposed DEMONETISATION


Former Bihar Chief Minister Laloo Prasad Yadav opposed DEMONETIZATION
Others include
West Bengal Chief Minister Mamata Banerjee
Former UP Chief Minister Mayawati
Former UP Chief Minister Mulayam Singh Yadav

I am not including Delhi Chief Minister - Arvind Kejriwal ( a close friend of Bihar Chief Minister
Nitish Kumar ) because even when Delhi CM - Arvind Kejriwal was opposing DEMONETISATION,
AAP government in Delhi was implementing DEMONETISATION. Also JD(U) and AAP receive
shady foreign funding.
Never trust any political party that receives foreign funding.
I am also not including Surya Kanta Mishra CPM Boss because CPM also receives shady foreign
funding. Any political party that receives foreign funding must never be trusted.
Indian Politicians who opposed DEMONETISATION, are ..Desh Bhakts..
West Bengal Chief Minister Mamata Banerjee fiercely opposed DEMONETIZATION.
Bihar Chief Minister Nitish Kumar supported DEMONETISATION.

The Above article was published by The Times of India


10 November 2016 Thursday
Congress President Sonia Gandhi was conspicuous by her silence on DEMONETISATION

Germans opposed Cashless Transactions


German plan to impose limit on cash transactions met with fierce resistance. Proposals to ban
payments above 5,000 have been condemned in country where 79% of transactions are in cash
https://www.theguardian.com/world/2016/feb/08/german-plan-prohibit-large-5000-cash-
transactions-fierce-resistance

Unlike stupid Indians, smart and intelligent Germans fiercely opposed Demonetization and promotion
of a cashless society. In contrast to Germans, Indians were happy to embrace a cashless society,
believing that it would lead to a society free of black money. They were not wise enough to foresee a
big catastrophe, if India goes cashless. This shows supreme lack of intelligence.

Indians must understand that once India goes cashless,


Indians will become powerless.
Your money will be controlled by Government.
If you take part in a anti corruption campaign, and government knows about it, all it has to do is to
block your debit card or credit card, and it can do it very easily with flick of a computer button. A
cashless society will also impoverish Indian people in the long run, and Rothschild will grow rich.
This demonetization drive by Narendra Modi Government was to coerce the entire Indian population
into a card platform behind which will be a Rothschild.
Rothschild - family that owned British East India Company.
Only Mamata Banerjee opposed demonetization, along with Laloo Prasad Yadav.
The Above article was published by The Times of India
14 November 2016 - Monday

Raghuram Rajan announced his resignation as RBI Governor, on 19 June 2016.


Had Raghuram Rajan been RBI Governor, he would not have allowed Prime Minister Narendra
Modi to implement DEMONETISATION.

What former Prime Minister Dr Manmohan Singh had to say about


DEMONETISATION..?
To quote on ( 25 November 2016 Friday ), former Prime Minister Dr Manmohan Singh has called
Demonetisation scheme as
"..a case of organised loot and legalised plunder of the common people....
Former Prime Minister Dr Manmohan Singh before he became Union Finance Minister, was Chief
Economic Advisor, Finance Secretary, Deputy Chairman of the Planning Commission and Former RBI
Governor.
Dr Manmohan Singh has also worked with IMF and World Bank, just like former RBI Governor
Raghuram Rajan.He has been working with Union Finance Ministry, since 1950s, more than 50 years
since independence.
Here are excerpts from a article in The Times of India

Singh made an unusual intervention in the Rajya Sabha on Thursday saying


the deaths of people and the distress among the poor; farmers and small traders
had convinced him that demonetisation had led to organised loot and legalised
plunder". In an uncharacteristically direct jab at his successor; he said, It is no
good that every day the banking system comes up with new rules. It reflects very
poorly on the PMO, the finance ministers office and the Reserve Bank of
India.

Cartoons on DEMONETISATION
The above cartoons expose the fact that common man was happy that rich people were targeted, but he
did not understand that SUPER RICH were left alone. With Billions in foreign banks, most of them
were left untouched.

Narendra Modi Governments record on fighting


Black Money
A cartoon in The Times of India on 26th November 2016
Making a mockery of Narendra Modi Governments
DEMONETISATION Scheme
Inspite of this cartoon Indian people did not understand that DEMONETISATION has nothing to do
with fighting black money.

Black money case: Can't disclose names of foreign account holders,


Modi govt tells SC
Oct 17, 2014, 11.19 AM IST
http://timesofindia.indiatimes.com/india/Black-money-case-Cant-disclose-names-of-foreign-account-holders-Modi-govt-
tells-SC/articleshow/44846119.cms

Cannot reveal all info on black money: Centre to SC


HT Correspondent, Hindustan Times New Delhi, October 17, 2014
First Published: 12:22 IST(17/10/2014) | Last Updated: 16:10
IST(17/10/2014)
The Centre on Friday submitted before the Supreme Court that all the information
on black money received from foreign countries, with which India has double
taxation avoidance agreement, cannot be disclosed.
In its application, the Centre said that the foreign countries have objected to
disclosing such information and if such details are revealed then no other country
would sign such an agreement with India.
Appearing before a bench headed by Chief Justice HL Dattu, attorney general
Mukul Rohatgi mentioned the issue and pleaded for an urgent hearing.
Viewed as going hand in hand with corruption, black money has been at the top
of the agenda of widespread public protests over the last couple of years.
Senior advocate Ram Jethmalani strongly objected to the stand taken by the
Centre and said that matter be not heard.
"Matter should not be entertained even for a day. Such application should have
been made by the culprits and not by the government," Jethmalani said, adding
that Centre is trying to protect the people who have stashed black money in
foreign banks.
Jethmalani said that he has written a letter to Prime Minister Narendra Modi on
this issue and his response is awaited.
To meet a deadline set by the Supreme Court for the previous government, Prime
Minister Narendra Modis cabinet on the new governments first day in office
in May set up a high-powered Special Investigation Team (SIT) to look into
the issue of black money and slush funds.
The government has given the SIT, headed by retired Supreme Court judge MB
Shah, a sweeping mandate to crack down on Indias infamous and bustling
parallel economy.
Black money arises mainly from incomes not disclosed to the government usually
to avoid taxation and sometimes because of its criminal links.
The SC had directed the government to constitute a SIT to investigate individuals
whose names were disclosed by Germany for having accounts in LGT Bank in
Liechtenstein a European principality known for its banking secrecy laws.
The government has given the SIT a wider mandate to investigate the operations
of Indian individuals and entities whose money is found stashed in foreign
banks. It will file periodic status reports to the Supreme Court.
The income tax department has given to the Enforcement Directorate (ED) the
agency that tracks overseas money laundering deals names of 17 individuals
who had held accounts in Liechtensteins LGT Bank.
The ED has sought more information, but the tax department has said that there
were specific clauses in the tax treaties with these countries that prevent sharing
of information, said an official who did not wish to be identified.
The official said that in the last two years, the income tax department had
collected 7,704 items of information containing details of payments received by
Indian citizens in various countries, besides information from LGT Bank
accounts.
In addition, in the past one year the government has made more than 175 requests
to countries with which India has inked tax treaties.
This information is in various stages of processing and investigation, the
official said.
There are no official estimates of India's black economy
The Global Financial Integrity (GFI), a Washington-ased think-tank, has
estimated that Indians had salted away $462 billion (about Rs. 28 lakh crore in
current exchange rates) in overseas tax havens between 1948-2008.
The government is expected to reveal a new estimate, the first since 1985, of
Indias unaccounted black money, most of it stashed abroad, and follow it up
with a plan to hold it to account.
It has commissioned the National Council for Applied Economic Research
(NCAER), the National Institute of Public Finance and Policy (NIPFP), and the
National Institute of Financial Management (NIFM) to bring out an estimate of
Indias black economy.
Given the complexities inherent in quantification of unaccounted income and
wealth both inside and outside the country, it will take some more time for the
finalisation of these reports, another official said.
The Bharatiya Janata Party (BJP), in a 2011 report, had estimated Indias black
economy to be worth around $500 billion and $1.4 trillion (between Rs. 30 lakh
crore and Rs. 84 lakh crore).
Between 2009-10 and 2012-13, the income tax department detected undisclosed
income of more than Rs. 65,000 crore through specific search and seizure
operations and surveys.
No Enquiry , or sharing of Black Money Info
3rd September 2016 Saturday
New Delhi Information filed under the income declaration scheme will neither
be shares with any law enforecement agency nor any enquiry will be launched by
the IT Department the Government said on Friday.
This was because Narendra Modi Sarkar has launched an Amnesty scheme for
Black Money holders , who can gain immunity from prosecution with a payment
of 4.5% of their undisclosed income. No enquiry or investigation shall be
launched on undisclosed income and assets declared under the scheme even if the
evidence is found subsequently during search and survey proceedings.
Mod Sarkar Amnesty Scheme for Black Money Holders No Enquiry , No Info :
neither any capital gains tax nor any TDS ( Tax Deducted At Source ) shall be
levied on transfer of declared benami property from benamidar to the declarant
without consideration

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