Are Indians happy with Modi’s demonetisation decision? Here’s what the surveys say

People living in the higher income group have seemingly given the maximum support with 90.6 per cent saying the move is worth it

By: News Desk |
November 23, 2016 11:52 am

While people are highly inconvenienced by the demonetisation move by the Narendra Modi government, it seems most Indians are not really angry despite the trouble. As per surveys being conducted on demonetisation by different sources, over 80% people are in favour of the move taken by the Prime Minister.

Here are the results of two surveys done on demonetisation and its effects

C-Voter survey: A nationwide survey by C-Voter has indicated that 80-86 per cent of those surveyed said that the inconvenience caused by the move is worth it as it would help in fighting black money.

The survey conducted in close to half the total parliamentary constituencies showed a wide-ranging support across categories. People living in the higher income group have seemingly given the maximum support with 90.6 per cent saying the move is worth it.

38 per cent respondents in the urban, 35.5 per cent in semi-urban areas and 36.8 per cent in rural belts agreed that the problems caused by the demonetisation were ‘little, easily manageable’.

While there are demands by politicians like Delhi Chief Minister Arvind Kejriwal and West Bengal Chief Minister Mamata Banerjee to roll back the policy, the survey revealed that any such decision would severely hamper the government’s position. Over 55 per cent respondents have said that support for Modi would take a beating if he rolls back the demonetisation.

Despite questions over the implementation of the policy, 63% felt the process was good. 22% felt the implementation was fine, 24% felt it was ok, 7% felt it was poor and 6% felt it was extremely bad.

Jagran-MDRA survey: Over 85 per cent respondents have backed Modi for the demonetisation policy. 825 people were surveyed across Delhi, Mumbai, Kolkata, Bengaluru, Lucknow, Vijaywada, etc. Also, contrary to common belief that businessmen would be the worst hit by the move, the traders are supporting the Prime Minister for the decision. Most are of the opinion that the move will help in reducing black money.

More than 3/4th of the respondents feel that the government is very serious in acting against black money. Traders also feel that the decision will help Modi in the upcoming in elections.