Rahul Mehta Gandhinagar LsCandidate

Cost of printing all Rs 50 notes henceforth wil rise several times
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People will now store legal or illegal cash in rs 50 notes ONLY. Because market is full of rumors that Rs 100 and new Rs 500 and new Rs 2000 notes will soon be withdrawn !!!
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So cash with public right now = Rs 17,00,000 crore
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Say next year cash with public = Rs 14 lakh crore
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And say Rs 10 lakh crore is in form of Rs 50 notes
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Rs 1 crore = 200,000 notes of Rs 50
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So number of Rs 50 notes needed to hoard / keep Rs 10 lakh crore = 10 lakh * 2 lakh = 10,00,000 * 2,00,000 = 20000 crore
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cost of printing one Rs 50 note = about Re 1
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So Rs 20000 crore will be spent in currency note printing.
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And cost of counting, staff needed to count, cost of transport etc will all increase by 5 times to 10 times
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Suffices to say, this ham handed way of sudeen cancellation of Rs 500 notes will do some damage to black economy but also do damage to white economy in short as well as long run. It will burn Ravan's kingdom and also burn Ram's towns
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Instead making names of ALL land owners public with their land holding will damage ONLY black wealth and do ZERO damage to white economy and white wealth.
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SoMoke want to chase Rs 500 notes and SoMoKe want to keep land holding information secret !!! And ALL rightists / leftists in India want to do the same. And ALL SoMoKe-andhbhagats support keeping land ownership
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So I request ALL real activists in India to dump SoMoKe , dump ALL rightists, dump all leftists, dump all SoMoKe-andhbhagatsm dump all CoBhApSwaRa-workers and instead work to bring laws to publicize land ownership records by voting for Right to Recall Party candidates.
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