My comment was simply an overview of how the situations are different between both countries.
> What does Internet usage or Population has to do with an economic move
Erm. Demonetization implies that the population either has to stop using the currency or use alternative "cashless" modes for payment. Internet usage has everything to do with it, because only a quarter of the population can realistically stop using cash in case of India.
Population is relevant because there's a physical limit on how soon the cash scarcity is fulfilled.
> India ... is going through a period of robust growth ... 4% is still considered quite a good growth rate.
Citation needed.
> quoting meaningless number without having any clue
Meaningless in which context?
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On the other hand, in my personal opinion, any Govt. policy is flawed if it causes death of a single individual -- no matter what the intentions, what the results be. If the Gov. does not hold enough empathy and liability to consider the effects of its policies on its own population, it has failed. People are not collateral damage that it is acceptable that a couple of hundreds die. [1] [2] [3]
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> Actually the worst phase of demonetisation is already over. In 30 days everything will be back to normal.
> What does Internet usage or Population has to do with an economic move
Erm. Demonetization implies that the population either has to stop using the currency or use alternative "cashless" modes for payment. Internet usage has everything to do with it, because only a quarter of the population can realistically stop using cash in case of India.
Population is relevant because there's a physical limit on how soon the cash scarcity is fulfilled.
> India ... is going through a period of robust growth ... 4% is still considered quite a good growth rate.
Citation needed.
> quoting meaningless number without having any clue
Meaningless in which context?
--
On the other hand, in my personal opinion, any Govt. policy is flawed if it causes death of a single individual -- no matter what the intentions, what the results be. If the Gov. does not hold enough empathy and liability to consider the effects of its policies on its own population, it has failed. People are not collateral damage that it is acceptable that a couple of hundreds die. [1] [2] [3]
--
> Actually the worst phase of demonetisation is already over. In 30 days everything will be back to normal.
Will it bring back the dead?
[1] http://scroll.in/article/823652/demonetisation-induced-unemp...
[2] http://www.firstpost.com/business/demonetisation-effect-hung...
[3] http://timesofindia.indiatimes.com/city/surat/Woman-paid-in-...