Karnika Profile picture
Aug 31, 2017 23 tweets 9 min read Twitter logo Read on Twitter
Thread: The real objective behind #demonetisation was… (1/n)
Nov 8, 2016: Modi demonetisation speech - “to get a grip on corruption and black money”
narendramodi.in/text-of-prime-… (2/n)
PM Narendra Modi uttered the phrase “black money” 18 times in this speech on Nov 8, 2016. (3/n)
“Demonetisation was to make India a cashless economy“: PM During #MaanKiBaat on Nov 27, 2017
By November 27, he used the phrase "digital/cashless" thrice as much as "black money" with no mention of "fake currency". (5/n)
There was zero mention of "digital/cashless" in the initial November 8 speech. (6/n)

Nov 27, 2016: PM linked demonetisation to corruption of the privileged
livemint.com/Politics/F3oWt… (7/n)
Dec 7,2016: “Demonetisation had been carried out to force Indians to put domestic savings lying idle at home”
Dec 29, 2016: Money held by terrorists, Maoists and human traffickers has been neutralized: PM
economictimes.indiatimes.com/news/politics-… (9/n)
In the same interview, PM linked election reforms to demonetisation for the first time.
economictimes.indiatimes.com/news/politics-… (10/n)
Crippling impact of demonetisation on human trafficking and narcotics: PM on December 29, 2016
indianexpress.com/article/india/… (11/n)
Purpose of demonetisation is served as it had led to “larger and cleaner GDP”: Jaitley on Feb 13, 2017 indianexpress.com/article/india/… (12/n)
Informal economy is being integrated into the formal one; size of economy increasing: Jaitley on March 23 business-standard.com/article/econom… (13/n)
Objectives of demonetisation met to large extent: Nirmala Sitharaman on April 9
indianexpress.com/article/india/… (14/n)
Demonetisation will reduce cash in system, help achieve clean political funding: @ArunJaitley on July 23
hindustantimes.com/business-news/… (15/n)
Demonetisation starved maoists and separatists: Arun Jaitley on Aug 21, 2017 ecoti.in/TLTTta (16/n)
Objective of demonetisation was to expand tax base, fight black money: Jaitley on Aug 31
indiatoday.intoday.in/story/demoneti… (n/n)
My story: Templated tweets, trolls deployed to proclaim ‘success’ of #demonetisation on social media bit.ly/2espUxM via @thewire_in
So this was *real* objective behind #demonetization!
#RajasthanPatrika published my story on #DemonetisationSuccess in their print edition today. 😊🙏goo.gl/dQA79a

Who will take responsibility for the structural slowing down of India’s economy, poor employment generation and agriculture distress?
No information on how much black money removed by #demonetisation: RBI to parliamentary panel bit.ly/2eDWLzI via @thewire_in

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