Demonetisation does not achieve the ostensible goal of flushing out black money The major amount of black money is in foreign accounts, in properties, stocks and shares. It is better to prevent generation of black money rather than try to catch those who have it. Attempts to catch those having black money is akin to allowing a thief to enter your home to rob and then trying to catch him or her! Catching and punishing those who have black money in any form can be achieved by other means. Demonetisation penalises the innocent and diverts attention to the real culprits to the hardship faced by the poor. Those who are worst affected are the daily wage earners / tiny home / individual businesses like, push cart vendors, small shop and eatery owners etc. The solution lies in political will to firstly tackle black money within themselves. Let them (political parties) accept RTI applicability to them. Let them agree to CAG audit of their accounts. Let them make public the names of every donor and the amount donated. Let them NOT take any money from foreign entities. Let them accept the order of the High Court of Delhi in the FCRA case and withdraw their appeal in the Supreme Court against it. Install software in banks connected to the Serious Fraud Office to use big data analysis to monitor and track high value and suspicious transactions, especially over-invoicing of imports and under-invoicing of exports. Monitor people travelling to tax havens. Take action against banks, by stopping their businesses in India if they do not disclose black money account holder names. Allow cash transactions as long as the source of income is reflected in the transaction. Track high value cash transactions and make it mandatory for property transactions registering agencies and jewellery shops to report ALL such high value transactions.