Dear PM, I am not a fan. A better description would be ant-bhakt. I find myself reacting to every move you make with suspicion, always looking for the ulterior motive. Sadly, I usually find one. Like, for example, the upcoming UP elections.
But, here, I am going to stick my neck out. I'm going to tell you that I believe you REALLY do want to get rid of the black economy and that your current initiative was simply the result of poor advise given to you by that clown you call your FM.
You should really explain to him that the informal and black economy are two different things. The former is a critical and integral part of the economy, and your move has crippled it. But that's for a different time.
Your fans and bhakts hail your "masterstroke". You are the lohpurush. So, I'm going to give you some ideas which could give you a real opportunity to actually demonstrate that you have nuts of steel. If you really, really wish to show black money the white light of goodness, here are some things you could do (which would get you there WITHOUT causing misery to the under-classes and under-privileged) :
1) Create specific, strong and inflexible rules to drive political funding away from the darkness to the white zone.
2) Disclose BJP funding to the last decimal point on your website.
3) You have the Swiss Banks account holder list. Do something about it.
4) You have the Mossack Fonseca account holder list that Wikileaks put out. Do something about it.
5) There is a list of large NPA business groups. Let’s see the government going after them, auctioning their assets, throwing those who are criminals into jail. (We all know who they are, don't we now?)
6) Over the next 6 months, nail at least 5 corrupt bureaucrats and jail them
7) Clean up the ITO.
8) Clean up the Excise department. Modify the Excise (and other relevant laws) laws so the inspectors can’t hold the factory owners hostage.
9) Either lock down the liquor trade in Gujarat, or lift prohibition. You and I both know any and every kind of booze is available in A’bad. Remember that charity, and chastity, begins at home.
10) Work with the State Governments to raise circle rates for real estate all across the country. It’s the cleanest, simplest way to rid the No. 1 destination and source of black money of the malaise.
If you can’t show concrete progress on the above, with visible results in 12 months, come back on national television and apologise profusely, sincerely and completely to those you have caused infinite misery to with the demonetisation.
If you do, I promise that I won’t rail against your economic stance anymore. Oh yes, the nation will also be truly grateful.
Yours truly.
