The fact that India‟s GDP fell to a 3-year low of 5.7 % in the first quarter of this year is no cause for celebration and it hardly bothers most who have neither capital nor shares, as they await the next fix of spell binding oratory. What is worrisome is RBI‟s confessional report that 99% percent of the 15.44 lakh crore rupees of demonetised 500 and 1000 rupee notes hascome back into circulation.