Political Adda throws light on events, policy announcements, court judgments that have shaped the political discourse. Let's take a glimpse of the month of November

The issue of ‘demonetisation’ seems to be hogging the limelight in the month of November. The Prime Minister’s sudden announcement on 8th November that Rs 1000 and Rs 500 notes will no longer be legal tender was indeed a revolutionary step, irrespective of whether it’s good or bad. The ruling party has hailed the decision as a bold, economic reform aimed to flush out black money from the country’s economic systems and also the desire to move from a cash-oriented to a cashless economy.

Long queues, shortage of cash, increasing digital payments are catchwords that can be used to describe the post-demonetisation scenario in the country. The demonetisation exercise has been characterized as a sort of a permanent revolution, resembling Trotskyite ‘disruptionary’ politics. The disruption caused to normal, everyday politics and economic functioning is indeed associated with a very non-conventional form of politics that the Prime Minister and his acolytes have introduced. No wonder, that Union Water Resources Minister has been quoted as saying that Modi is fulfilling Marx’s ideas.