How DeMO led to Covid tragedy
Updated On: 17 May, 2021 07:05 AM IST | Mumbai | Ajaz Ashraf
Demonetisation foretold the collapse of governance that we are witnessing today, and gave us a foretaste of whimsical or thoughtless policies. 2016 is replaying in 2021, devastatingly so

Our forgetting and forgiving is presumed. We do not know what nightmare we will allow our leaders to conceive next. Pic/AFP
There is a sense of déjà vu about our torment as we reel under the onslaught of the second wave of the Covid-19 pandemic. The queues to access public facilities, the calls to family and friends for assistance, the desperation in the eyes of daily-wagers unable to find work, the befuddlement at the world changing overnight – we have been through all these experiences that we, in our forgetfulness, mistake for completely new.
Really, when did we last experience such misfortunes?
Answer: In the weeks following November 8, 2016, when Prime Minister Narendra Modi invalidated old currency notes worth Rs 15.41 lakh crore. He ordered a person could draw only R24,000 a week from bank or ATM. Modi knew he was subjecting the nation to untold suffering, but it was, he said, a prerequisite to root out black money hoarders and terror financiers, and eliminate fake currency. “Let us join this festival of integrity and credibility,” Modi exhorted.
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