On the first anniversary of the demonetisation, while the supporters of the move celebrated the day as Anti Blackmoney day, the opposers called it a black day. Here's what many shared on the note ban move.
Have yet to hear a compelling argument in favour of demonetisation. Hard to justify loss of 1.5 million jobs & >$45 billion of India’s GDP
— Milind Deora (@milinddeora) November 8, 2017
#Demonetisation is a topic which is being widely criticized & benefits are madly debated. We must understand that bold decisions hv to be taken to move the economy. Stagnancy dsn't help the nation! On #DemonetisationAnniversary I congratulate @narendramodi ji @arunjaitley & @RBI
— Sajjan Jindal (@sajjanjindal) November 8, 2017
#Demonetization 1. Helped identify black money. Now it is part of banking system 2. Culturally made people think of and use digital transactions 3. More use of Financial instruments like MF,SB.. Congrats on this brave reform #AntiBlackMoneyDay
— D Prasanth Nair (@DPrasanthNair) November 8, 2017
I think #Demonetisation helped the govt in just one way - If you say DeMo DeMo DeMo DeMo continuously, it sounds like Modi Modi Modi. That's about it.
— Ramesh Srivats (@rameshsrivats) November 8, 2017
Black money turned out to be grey money, because there is a great deal of smog in the economy #DemonetisationAnniversary
— Madhavan Narayanan (@madversity) November 8, 2017
Exactly one year later, Twitter gives us #280characters . Demonetisation is a success #DemonetisationAnniversary
— Shirish Kunder (@ShirishKunder) November 8, 2017
Since #Demonetisation Nifty up 21% Sensex up 21% Nifty Bank up 30% Midcap index up 27% Small Cap index up 37%
— Siddarth Pai (@siddarthpaim) November 8, 2017
One proof of the success of #Demonetisation is that the political parties which had the most black money are complaining about it.
— Dr David Frawley (@davidfrawleyved) November 7, 2017
No one has the right to say #Demonetisation had "good intent", when clearly, a lot of black money was freely laundered by political parties, & the doors to do that were, and are still left open by the Government. That is not "good intent". That is known as "screwing the people".
— VISHAL DADLANI (@VishalDadlani) November 8, 2017
We can always debate the consequences of policies like demonetization, many of them are obviously disastrous. The pain it entailed for the common citizen hardly deserves any celebration. But who cares till it succeeds electorally. #Demonetisation
— S lrfan Habib (@irfhabib) November 8, 2017