Modi govt tweets benefits of Demonitisation to shield themselves

Today, a day ahead of the first anniversary of demonetisation, the government posted a series of tweets with the hashtag 'DeMOWins' to explain the manner in which the initiative proved to be a boon.

The Modi government's Twitter handle @MyGovIndia posted several cards to claim demonetisation's multi-dimensional success.

It claimed that:
1)Demonetisation has unearthed blackmoney and was a a decisive blow to terrorism and Naxalism.



2)India's financial system was being cleansed due to demonetisation.

3)Great increase in formalisation, leading to better jobs for the poor.

4)Unprecedented increase in tax compliance.

5)Digital payment received a significant boost.

6)And many more benifits like Loans getting cheaper and increased revenues to municipalities.