3 years of demonetization: Twitter discusses its lasting effects on Aam Janta and Indian economy

Today marks 3 years of demonetization since Prime Minister Narendra Modi banned all 500 and 1000 rupees notes from being legal tender. Twitterati discuss the situation 3 years after the announcement.

Prime Minister Narendra Modi announced the government's decision about banning all 500 and 1000 rupees notes on 8th November, 2016. What followed the announcement was frenzy and chaos. The announcement that claimed to bring down all the black money holders affected the aam janta the most. While many supported and talked in favour of the decision, others wondered and questioned the same. Although the government has nothing but praises for its decision, the economic reports suggest otherwise. On the occasion of 3 years of demonetization, Twitterati talk about the impact it had on the economy and the people of India.

People share their thoughts on 3 years of demonetization:

3rd anniversary of #DeMonetisationDisaster ...

Demonetization was direct attack on the lives of poor Indians.

100+ people lost their life because of this, and no one was charged for their murder.

It was a SCAM.!

— Md Asif Khan‏‎‎‎‎‎‎ آصِف (@imMAK02) November 8, 2019

3 years ago this moron destroyed our economy. Over 150 ppl died coz of his arrogance n foolishness. Never forget #Demonetisation was the biggest fraud did by any elected govt.#DeMonetisationDisasterpic.twitter.com/DjakLBoeQS

— Unofficial Bhakt (@BhaktUnofficial) November 8, 2019

State of Indian economy since Modi announced his #DemonetisationDisaster on 8 November 2016...pic.twitter.com/Qj4coe5E1J

— Rofl Republic ?? (@i_theindian) November 8, 2019

3 Years of #DeMonetisationDisaster

What was the logic to replace ₹1000 notes by minting ₹2000 notes ??

In the name of killing Black Economy, Mandi Ji ended up killing the unorganised economy...

Result is quite evident - Slowdown !!

— Soumen Chatterjee ?? (@csoumen25) November 8, 2019

A person who used his Mother as a publicity prop!!!! No Son on this planet will ever make his MOTHER to stand in line, only to cover his mistakes and gain sympathy/votes!!!#DeMonetisationDisaster#3YearsofDeMonetisationpic.twitter.com/HducFQGG9T

— Prashant Polampally (@PrashantPolamp1) November 7, 2019

3 years of Demonetisation#DeMonetisationDisasterpic.twitter.com/s5cXil3GWg

— Monish (@gmmonish) November 8, 2019

Also Read: PM Modi’s Address In Houston Led To A Lot Of Chatter On Twitter

November 08 is here..
That fateful day when #DeMonetisationDisaster was unleased upon India and our economy has never stopped bleeding since the day.. pic.twitter.com/L5IObACTh1

— അപ്പൂ?⭐️ (@apn_10) November 8, 2019

“Pink, green, orange, purple, brown all colours money are there but where is that Black money “#JustAsking#DeMonetisationDisaster#Demonetisationpic.twitter.com/SXl0WIUcql

— Chandrasekar N (@pingchandru) November 8, 2019

#3YrsOfDeMoDisaster

Expectations:
- Black Money
- Digital Money
- Terrorist Control

Reality:
- grey color 500rs
- lavender color 100rs
- Magenta color 2000rs

— எமதாயி னுமது (@tamillnataraj) November 8, 2019

#3YrsOfDeMoDisaster when will PM will apologize to the country, more than 100s people died, lakhs of the people become unemployed, GDP down by 2%.
tell one thing what we achieve.

this day is a black day in Indian History after,

— Bitter Pills (@kadavasach1) November 8, 2019

Today is 8th November, three years ago a megalomaniac eccentric person not only derailed Indian Economy, killed people, destroyed businesses but also arranged organized loot that benefitted a party group & few people. #Demonetisation#DeMonetisationDisaster#ModiMadeDisasterpic.twitter.com/MFNVgI1cQW

— Bhavika Kapoor (@BhavikaKapoor5) November 8, 2019

Today is a third anniversary of Surgical Strike on own country People by Govt#DeMonetisationDisaster

— Manoj Prabakar S (@imanojprabakar) November 8, 2019

When you ask a BJP supporter that how demonetisation helped the Indian economy: #DeMonetisationDisasterpic.twitter.com/hN9oRqtGAh

— St. Sinner (@retheeshraj10) November 8, 2019

3 years of #DeMonetisationDisaster.
November 8, 2016 - A black day for Indian Economy and Indian Democracy!
Not Forgiven, Not Forgotten.
Misery continues.#3YrsOfDeMoDisasterpic.twitter.com/VC1yh1uxRb

— George Vijay (@VijayIsMyLife) November 8, 2019

3 years of #DeMonetisationDisaster.
November 8, 2016 - A black day for Indian Economy and Indian Democracy!
Not Forgiven, Not Forgotten.
Misery continues.#3YrsOfDeMoDisasterpic.twitter.com/VC1yh1uxRb

— George Vijay (@VijayIsMyLife) November 8, 2019

2014-2016: Time wasted in world tours, making hollow promises and rhetoric.

2016-2019: After #Demonetization and #GST, Instead of focussing on the Economy focus was too much on destroying opposition

2019 onwards - Focus is on rewriting old history instead creating new one.

— Bhavika Kapoor (@BhavikaKapoor5) November 2, 2019

What are your thoughts on the matter? Tell us in the comments below.