Always one for larger-than-life steps, Prime Minister Modi hopes the demonetization will go down as his masterstroke, urging the public to put up with the temporary inconvenience for lasting gains. Critics say the ruling Bharatiya Janata Party timed the demonetization ahead of elections in some states, including the crucial Uttar Pradesh and Punjab, next year to defeat fund mobilization by opponents. On the other hand, Modi could be demonetization's biggest political casualty if the move fails to make any huge impact on the illegitimate money and fake currency menace.He will also have to take the blame for putting the brakes on the Indian economy's strong run. Further, an excessive push for digital transactions could also serve to distance the BJP from the poor. If all goes well, Modi may deserve credit for taking a significant step toward the dream of a cashless society.