Two weeks since India’s midnight tryst with demonetization.
We still don’t know if we collectively took a step forward
or backward. The only thing we know is that never have our steps so decisively
led to banks and their ATMs, insistently, consistently, day or night, dawn or
dusk. We depend on hope like never before; the hope of seeing our own money
once again in our hands.
The question is not whether demonetization is good or bad
because good or bad, it cannot be reversed. The question is how long will
cashless-ness prevail. It cannot go on like this forever. That’s the general
worry. Prime Minister Narendra Modi also shares this worry with his party,
though a slightly different worry.
Will the situation normalise at least by the time the
Election Commission announces the elections to assembly in five states? The BJP
has been anxious about the sentiments of the people in Uttar Pradesh in
particular – the largest of the five states where elections are imminent. The
stakes are the highest in UP.
Local party leaders are informing Delhi that the no
one is overtly criticizing demonetization in principle, but things are not
actually bright:
1.The poorest of the poor are not unhappy with the
announcement; they have nothing to lose, not even a 500-rupee note.
2.The middle class in the urban and rural areas was
initially circumspect but it soon gave way to affirmation.
3.After two weeks, the patience is running a bit thin.
4.Unlike the metros, big cities and towns of UP including
Lucknow still do not have adequate new notes in banks and ATMs.
5.The situation in the rural areas is worst. The rabi crop
may just fail. Marriages are being re-scheduled. People are unable to pay fees
of wards studying outside the state. Business is at a standstill. Daily wage
earners are full of spare time.
6.The Samajwadi Party and the Bahujan Samaj Party are
already in election mode.
The BJP has to counter all these factors if it has to win UP.
And quite a section within the state BJP is confused. What is the party’s poll
plank? Nationalism-post-Uri? Ram Janmabhoomi? Demonetisation? It is as if the
attack on black money has subsumed all these issues! There is no talk of
Kairana, no beef, no ghar-wapsi, no love-jihad, no Ram temple, no Uri, no
strikes. The talk is only about money. Party cadres who micro-manage select
campaigns for the BJP are in a quandary. They look up to their state-level
leaders guidance. But they are clueless too.
They ask the central leadership: Has polarization just
changed its marker? The standard, well-tested mechanism of corralling voters
through religious polarization on the one hand; polarization on the basis of
the colour of money – black versus white – on the other. And both topped by the
icing of nationalism.
Modi will clarify. He is leaving enough clues that suggest
he is on his way to resolving the party’s doubt. He has talked to his party
leaders in a closed-door meeting where he takes on the opposition: Whose side
are u on, the hoarders or those who are cleaning up? He is getting emotional
inside the party meeting and at rallies in UP. He is not talking in Parliament.
He is addressing what he senses is the bigger parliament – the people at large.
Directly. He asks the parliament of people for their opinion on demonetization.
He asks people 10 questions on November 22, which he wants the people to
answer on his app. They range from the rhetorical (Do you think that black
money exists in India; Do you think demonetization will help in curbing black
money, corruption & terrorism; Do you believe some anti-corruption
activists are now actually fighting in support of black money, corruption &
terrorism) to the leading (Do you think the evil of corruption and black money
needs to be fought and eliminated; Demonetization will bring real estate,
higher education, healthcare in common man's reach) to the suggestive (Overall,
what do you think about the government's moves to tackle black money; Do you
have any suggestions, ideas or insights you would like to share with PM
Narendra Modi).
At the half-way mark in the questionnaire, comes this, at
no. 5: What do you think of the Modi government's move of banning old Rs. 500
& Rs. 1000 notes? And towards the end, comes this, the question engaging
the entire country today:
Did you mind the inconvenience faced in our fight to curb
corruption, black money, terrorism and counterfeiting of currency?
The people’s answer -- a simple yes or no -- to this
particular question ranking no. 8 out of 10 will define the BJP’s strategy not
just for the assembly elections, but for much more in the future.