Pain Points

india-currency

The de-monetization of two currency bills in India has wrecked havoc in the country. While the motivation was driven by the need to cleanse the black market coffers — a noble cause — the implementation plan was never in place. The economic chaos has been heart wrenching

The result? Long lines at the bank and at the stores. No cash in the ATM’s. Every day citizens from the general public standing in line for as long as 8 to10 hours to change de-monetized currency, so they can get cash to buy food. On more than one instance, even the banks do not have the small denomination bills to help the poor. The social media videos of grown men and women crying because they don’t have money for health care, food for their children, or life’s basic needs, is unnerving and tragically sad.

In a cash driven country like India, the pain point is felt by the poorest of the poor. Most of them have never had bank accounts, and they are the ones that are suffering, while the affluent flash their credit cards and wait for the chaos to settle. With their bellies full – thank you very much.

Why is that those that are least able to do so, are left to fend for themselves? Why do politicians declare mandates without implementation plans, and thinking about the repercussions? How do these people look at themselves in the mirror? The poor will continue to suffer – the horror stories are all over Facebook, and Twitter.  Someone needs to put the hurt on those people who hurt the poor, and the defenseless. Shame on these so called leaders, who don’t care if the poor live or die.

About Hemant Rustogi

An award-winning teacher at The University of Tampa, an entrepreneur, a CEO and founding principal of Advantage Pointe Internationale, and blogger on 5oclockreflections.com.