Country already cashless: Sibal on PM’s ‘cashless India’ dream

"If there are no arrangements in place, then how will this dream realise?" said Kapil Sibal

By: PTI | New Delhi | Published:November 28, 2016 7:44 pm
demonetisation, note ban, kapil sibal, ban on 500 and 1000 rupees, kapil sibal on demonetisation, India news, Indian Express “The dream of India becoming a cashless society could only come true if there is institutional framework or arrangements to support it,” said Sibal

A day after Prime Minister pitched for a cashless society, senior Congress leader Kapil Sibal on Monday, took a dig, saying the country has already become “cashless” due to demonetisation. He said the dream of India becoming a cashless society could only come true if there is institutional framework or arrangements to support it.

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“If there are no arrangements in place, then how will this dream realise?” he wondered.

“There have to be arrangements first… In this country, over 70 crore people are earning Rs 10,000 a month (who cannot deposit the amount in banks), what will they do?

“There are no ATMs, no banks, no branches, people need to walk upto 20 kms… The country has already become a cashless society as the people don’t have cash with them at the moment,” Sibal said.

He said the government needs to take the states as well as the Opposition along for moving towards such a direction.

On Modi’s suggestion to the people to embrace mobile banking, he asked how will the people do the transactions through mobiles when most of them are illiterate and not device-savvy.

In his monthly radio programme ‘Mann ki Baat’ yesterday, Modi appealed to the people to shift to cashless system of transactions and asked the youth to help in this process by educating the elders and those not literate.

For the 8th straight day, Rajya Sabha and Lok Sabha were adjourned today following vociferous protests of the Opposition on the demonetisation issue.

CPI leader D Raja blamed the government and the prime minister for disruption in the Houses, saying, “The government must be held responsible for this… Prime Minister must be squarely responsible for this impasse. Opposition is demanding that the PM sit in the House during the debate (on the demonetisation issue).”

Stating that Modi makes “announcement” on “this same issue” outside the Parliament, he charged that the Prime Minister “does not want to sit and listen to the debate” and “speak inside the Parliament”.

Alleging that the demonetisation move has subjected the country into “unprecedented financial turmoil”, he said that the decision has impacted the whole economy “adversely”.

“It has already started adversely impacting the manufacturing, service, agriculture and cooperative sectors, thereby, impacting the whole economy adversely. It has subjected common people to a lot of hardship, humiliation and suffering,” he said.

Noting that informal sector accounts for over 80 per cent of the employment, Raja said not all of those engaged in the sector have access to banking system. “We are asking the government to review its decision and allow Rs 500/1,000 notes at least till December 30 or till the alternative arrangements are done,” he said, adding “the government is not with (an) open mind (with regard) to some of the policies.”

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  1. A
    Abhinav Gour
    Nov 28, 2016 at 6:00 pm
    They obsolutely did nothing we need a change though i dont support the pm in some decision but this is a step in the right direction
    Reply
    1. K
      Kanu Patel
      Nov 28, 2016 at 2:59 pm
      Rubbish leaders and their rubbish and pro black money statements. People will push them to back home for retirement.
      Reply
      1. P
        Priyank
        Nov 28, 2016 at 3:58 pm
        Sibal is crying because all his and his fellow scamgress ministers' black money is worthless. This is real entertainment for the rest of us honest people. Now the corrupt are crying and honest are laughing
        Reply
        1. M
          MyTake
          Nov 28, 2016 at 7:09 pm
          Cashless transactions will put corrupt politicians and terrorists (who are bidding for each other) out of business! That's the worry for many!
          Reply
          1. P
            Piyush
            Nov 29, 2016 at 2:55 am
            Shameless kapil "zerp loss" sharma is back ! Bachna ae hasino
            Reply
            1. I
              Indian
              Nov 28, 2016 at 7:08 pm
              Mr ks floated the theory of profit in 2g scam. People have shown the door.looks like they fear the inevitable scamgress mukt bharat.
              Reply
              1. A
                Alok
                Nov 28, 2016 at 3:49 pm
                Kapli ji, If you do not know how to use Smart phone then please leave from politics and take peaceful life your remaining days otherwise join any play school and small small children will teach you how to operate smart phone. Also we need modern India not your control Ullu India. You can teach Pappu not any conman man.
                Reply
                1. A
                  ashok s
                  Nov 29, 2016 at 4:55 am
                  Move was wise , process equally bad.
                  Reply
                  1. L
                    laxmi
                    Nov 28, 2016 at 9:04 pm
                    What about subroto roy is he also cash less pay 600 crore to escape from custody and who is his lawyer mr signal so he is also not cashless. We want both of them to be cashless.all congressi should be cashless.
                    Reply
                    1. M
                      m v
                      Nov 28, 2016 at 3:45 pm
                      What is his contribution so far to the common man, society and country. It is better to him and his comments.
                      Reply
                      1. N
                        nanjappa
                        Dec 1, 2016 at 4:46 am
                        One needs to listen to views of people like Kapil Sibal and P Chidambaram in order to get rounded view of issues like demonetisation. They are excellent brains and have the interest of country and its people in mind.
                        Reply
                        1. c
                          countk99
                          Nov 28, 2016 at 4:34 pm
                          Please some body buy him mirror and also TV to see himself how he looks when speaking s h i t. He is making mockery on poor about cashless.
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                            Arun
                            Nov 28, 2016 at 7:39 pm
                            A Zero loss Theory of Kapil Sibal on 2G made Congress party to lose its power at centre.He has been misguiding Party PC/KS are Senior Advocates of Congress who failed to advise Party thoroughly.
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                            1. R
                              rishi
                              Nov 28, 2016 at 9:27 pm
                              ask sibal what he means by insutional framework and arrangement,he will fumble for words....he knows not a dime of economy or governance....never needed to know as these are the typical congress specimens hollow in content but trying compulsively to fool the people with what is visible vagueness in their use of "jargon often supported by manufactured data" ....it no longer works on the 21st century young and well-informed electorate which is rooted in reality of an RSS-BJP-Led-NDA's mainstream India and not anymore on the rhetorics of an almost-fatally wounded ancient congress which was chucked out in the disgraceful manner it deserved to in Lok-Sabha2014.
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                              1. R
                                rishi
                                Nov 28, 2016 at 3:15 pm
                                indian express gives undue significance to stooges of congress.....perhaps because they identify well with them ! One NEVER sees an article written in positively refelcting the obvious good that NDA and its core consuent BJP has been for the Nation.....while congress with its colonial menality served only a select who ran the show as a clout of people-of-ordinary intellect submerged in pretention and duplicity at every step of their lives to the extent they started shying of their own ideny which has led to such visible degrees of sheepishness and inferiority-complex in congressis.....alll the wrongs that they chose not to correct by attributing it all to a large unmanageable potion is being dealt with brilliantly by NDA every psing day. Congress got power on a platter....they NEVER worked for it....so none of sibals, chidambaram, iyer, tiwari, singhvi, gulamali, etc kenw a dime of ecconomics or governance....they were simply fooling around with jargon and manufactured data that led to ever-increasing poverty, EXPOSING THE MYTH THAT CONGRESS WAS ON THIS NATION AND HAS FINALLY STARTED SEEING ITS OBITUARY AS REFLECTED IN THE IRRATIONALITY OF THE STATEMENTS AND PUBLIC STANCE OF THEIR STOOGES RIDDLED VISIBLY WITH INFERIORITY COMPLEX AND SHEEPISHNESS AT EVERY STEP THAT MODI TAKES TO HIS SPIRALLING ADMIRATION AND WIDESPREAD ACCEPTANCE.
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                                1. R
                                  rishi
                                  Nov 28, 2016 at 8:22 pm
                                  indian express gives undue significance to stooges of congress.....perhaps because they identify well with them ! One NEVER sees an article written in positively refelcting the obvious good that NDA and its core consuent BJP has been for the Nation.....while congress with its colonial menality served only a select who ran the show as a clout of people-of-ordinary intellect submerged in pretention and duplicity at every step of their lives to the extent they started shying of their own ideny which has led to such visible degrees of sheepishness and inferiority-complex in congressis.....alll the wrongs that they chose not to correct by attributing it all to a large unmanageable potion is being dealt with brilliantly by NDA every psing day. Congress got power on a platter....they NEVER worked for it....so none of sibals, chidambaram, iyer, tiwari, singhvi, gulamali, etc kenw a dime of ecconomics or governance....they were simply fooling around with jargon and manufactured data that led to ever-increasing poverty, EXPOSING THE MYTH THAT CONGRESS WAS ON THIS NATION AND HAS FINALLY STARTED SEEING ITS OBITUARY AS REFLECTED IN THE IRRATIONALITY OF THE STATEMENTS AND PUBLIC STANCE OF THEIR STOOGES RIDDLED VISIBLY WITH INFERIORITY COMPLEX AND SHEEPISHNESS AT EVERY STEP THAT MODI TAKES TO HIS SPIRALLING ADMIRATION AND WIDESPREAD ACCEPTANCE.
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                                  1. R
                                    rishi
                                    Nov 28, 2016 at 2:42 pm
                                    the only thing possible in congress regimes of which sibal is a stooge was creation of bigger and bigger pockets of poverty and miseries as thier vote-banks....this was one area all their insutions and commisssion agents were perfect at ! No wondermillins of poor families were killed under corruption and blackmoney shamelessly generated and misused by shameless people like a greedy sibal who along with many others of his ilk in thier shameless levels of greed and sycophancy ended up doing "jee hujoori" to an italian housewife....what dirty examples in society who rightly got kicked out in such a disgraceful manner they deserved to in 2014lok-sabha.....pared to thiss, NDA would be boldly written as an enterprising and progressive government with a mission to bring every Indian to the mainstream of life and not relegate millions of them to abject poverty and denial of existence that they were subjected to by an inhumanly criminal colonial proxy that congress at best proved to be .....having deceived the nation of its faith laid upon them for 60long years !
                                    Reply
                                    1. S
                                      Sriniwasan
                                      Nov 28, 2016 at 3:14 pm
                                      This Johny is the inventor of Zero Loss Theory one stroke,PM Mody has made the Dynasty from Cashrich to Cashless beggars and therefore the Khangrease using this buggar to vent out their frustration
                                      Reply
                                      1. I
                                        i
                                        Nov 28, 2016 at 5:35 pm
                                        This guy is a pathetic psycophant of the looter family....purely for personal gains...and would stoop to any level to bring the the country back in their corrupt ways...shame to Con-party.
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                                          IML sood
                                          Nov 28, 2016 at 5:47 pm
                                          The most repulsive creature without having any moral or ethical right to speak after his long ociation with the great scam party of India.
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                                          1. M
                                            Munna Mama
                                            Nov 28, 2016 at 6:05 pm
                                            The cunning of these worthies is what has repulsed the public away from Congress and towards BJP. Force be with you Sibal / Manish Tiwari / Surjewala / Singhvi / Sanjay Jha etc. etc. You people are real et for BJP / Modi
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