Telangana News

Right after Prime Minister Narendra Modi announced the demonetization, Anil Bokil was identified to be the man behind the decision and has become instant famous.

Anil Bokil, founder of Arthakranti and part of the team, was pushing the idea for more than 16 years. Now, after his idea came into the implementation, expressing his dissatisfaction, Bokil said, “This is not what we proposed. The government has only taken one part of our five-point plan... We had a proper transition plan from large currency denominations to smaller ones.”

Along with demonetization, Bokil also proposed the withdrawal of the existing taxation system (barring import duties) and replacing it with a single-point transaction tax, to be deducted at source, and restricting cash transactions to Rs 2,000, which would not attract any tax. He even said that he is strictly against all the high denomination currency and even the new Rs. 2000 notes doesn’t serve the purpose. 

Bokil claimed that the "roadmap" his organisation gave to the government would have ensured that no chaos ensued. "We did not expect the death we are witnessing. But the government announced the operation without using anaesthesia, so patients are bound to lose their lives," he said. 

Bokil added that had his proposal been implemented, not a single person would have been affected.