“ ‘Tis nobler in the mind…”
Looking at the objective third party facts that seem to be emerging, it doesn’t seem like Prime Minister Modi’s gamble of demonetization has paid off in terms of the black money conundrum. It has so far produced arguably mixed results on the fronts of black money, preventing corruption or counterfeiting. Further, there is a quantity of anecdotal evidence and data on lost jobs, micro and small sector troubles and the return of thousands, if not lacs, of rural migrants back to the homestead, in distress. Given that, it seems to have become quite the puzzle as to why poor Indians aren’t up in arms against demonetization. Hamlet once questioned whether “…Whether ‘tis nobler in the mind To suffer the slings and arrows of outrageous fortune Or to take up arms against a sea of troubles…” That, Hamlet, depends entirely on how you frame the argument, as Sir Humphrey would tell you! The entire narrative of demonetization has been masterfully constructed by a skillful communic...