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In Tweets: How Demonetisation Is Affecting Indians Without Privilege

On the evening of 8th November 2016, Indian PM Narendra Modi declared that from midnight onwards, denominations of Rs. 500 and 1000 would cease to be legal tender, as a measure to curb black money and tackle corruption in the economy. Citizens can exchange these now useless notes at a bank or post-office, between Nov 9 and Dec 30, 2016. However, all ATMs remained closed on 9th and 10th November, 2016, and all banks remained closed on 9th November for public transactions.

There is a fierce debate raging, with one section attempting to show how demonetisation can affect the marginalized communities and working class people of this country, while another (more privileged) section laughing it off on the internet.

Yet others used it as a marketing tactic, to increase sales for the up and coming millennials.

The Economic Times published an article yesterday explaining “why Modi’s move will lead to disruption than economic benefit“, while The Citizen called the move “anti-people“.

Yesterday, Shiv Sunny of The Hindu started a thread under the twitter handle #DeMonetisation, documenting the plight of the working class people. Here are some of the tweets, highlighting why the demonetisation might translate into a disaster for its people:


Featured Image: Norinder Mudi

Article by Debarati & Edited by Siddhesh

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