Monday, December 19, 2016

Demonetization in India reportedly curbs human trafficking

See this news-report.

A 10-12 year old girl costs Rs5 lakh, while girls between the groups of 13 and 15 cost Rs4 lakh. These transactions are all done in cash, in black money. The brothel owners are now caught in a bind because they can’t convert this cash at the banks. Because the new currency is not readily available, clients have stopped going to brothels and the brothel owners have no money to pay the traffickers,” Nobel Peace Prize winner Kailash Satyarthi said.

Senior Delhi Police officers said, on condition of anonymity, random checks on trains bound for Delhi from Bengal, Assam and Bihar, failed to unearth trafficked girls.
“Black money is the backbone of the trafficking industry in India. At the moment that structure has been fractured by demonetisation. It is a matter of time before the new currency is back in the system and the trade picks up. We have approached the PM and informed him of this situation as well,” Satyarthi added.
 If human trafficking has been dealt a blow, and it can be continued to be hit, that will be a net positive of demonetization.