Ban 500, 1000 notes - Corruption Uprooted or just changing clothes!

Hello everyone. In my opinion, Indian government took that decision at correct time. It will help to being a new era in which corruption is dumped and development wilp be there due to the best record and good tracability of money by means of digitalisation.

Hello, friends.

According to me. Demonetization of 500 Rs and 1000 Rs is a good step to remove corruption and black money. After this incident, people in India are aware of their money and they decided to give their income tax on a proper time to the government. It is beneficial for government. This money should be spent on our Indian athletes and our Indian soldiers. Because in India there are no good facilities for Indian soldiers and Indian athletes.

I want to add a short and simple point here, I believe no nation is corruption free in the world as its the greed which is in every man's nature, Banning the notes is a good step because all the black money comes out immediately and it categorically equals the natural balance of the economically diverse communities. So basically you are cleaning the dark dead spots of a cloth which are there for a very long time, and you make it clean as new. I agree there is also a poor percentage of people in our country who will be suffering this change but let's not forget that today's pain is tomorrow's gain, so it's not just changing the cloths its making them clean as new.

Yes, the ban is very imped at this time because of the rich become richer without paying TeX. And in this time cashless play imp part. So every transaction above 2 lakh can be doing digitally is one major thing for stop corruption. I have not said it is total reduce in 1 year. But reduce compare to 2016.

It can be well understood by an example- Consider a room which is full of dust, scrap materials, useless papers and many more things like that. Now if we want to remove this stuff what we will do? Surely we will clean it but yet some stuff would be there. In a similar way by demonetizing the old notes it will clean up the system but there are certain areas which can't be clean up. Also, many news comes up daily that this much amount gets seized so it results into cleaning. So yes it helps to uproot the corruption but as feelings always attached to human beings similarly corruptions are always attached with the system only thing we can do is to be honest and make people honest.

I think it is very appreciated step towered reducing the corruption because corruption is the core root which is pulling India down. As India population is around 1.2 billion but still we are lacking in industrial and IT sector which is the new face of development. These banning on old 500 and 1000 rs note is just like bomb blasting on the corrupted people who just made rich by going in a corrupted way.

- For example, it is very interesting to know that if there is a government servant says, a politician who have maximum 50 to 70 thousand salaries, but instead of this they have acres of land or huge amount of bank balance, it's all earned by a corrupted way. I think by doing banning of notes every corrupted people have to give their clarity. And it will also lead to fresh recruitment in every field where everybody will be corruption free.

At first, good morning all friends. This is very good topics for ours. I think it is a very good decision of prime minister. All old 500&1000 Rs note are removed from our country which removes all black money. Many politicians, businessman, serviceman whose are save their black money in the bank and no paid their tax, this all remove from our country. In this result, develop our country for economically and also strong economical. Although it is bad effects for poor farmer, hawkers and small shopman which are paid their tax and it will be loss for our Indian economical. But it is the same decision for me. As a result, to loss our economical problem and save our country from economical corruption. That's all. Thank for all.

Demonetization is something a kind very rare feat that anyone would probably take up at the macro level. It is really one way to curb and bring out the black money from the population. But as far as the results that have been on the market, the demonetization has been just like change of clothes rather than an end to corruption. Ultimately its not the PM or the President who is gonna eliminate or curb the corruption level. It should become the responsibility of every citizen of India and they must be determined themselves to stay away from these dark zone activities. They must be the active participants in making the country digital. Of course, there may be different opinions of each person but ultimately the result of each one thought process must be to have a well-developed nation rather than being called as a developing nation since the childhood of our grand parent's. Sorry if I was harsh at any one or been selfish. Thanks for the giving an opportunity to have a word on this important topic.

According to me ban of 500 and 1000 notes will not remove the corruption from India. It is in our blood. It can not eliminate only by government. If we want to eliminate corruption from India. First, we need to change our mindset. Everyone want to do their work on any cast even they are not eligible for that but they do their work through their power or money or something else. So first we sold to get rid of this type of dirty mindset. Then we can think corruption free India. We have one big benefit of notes ban all block black money came again in banking system. If government does not ban these note after 5-10 year India economy will collapse because black money mafia did black money collection very fast. So for sure after some time no one could save India economy. It has great step taken by government. People got some trouble with this but its doesn't matter if we want to get something we should ready for pay the price for that.

Banning of notes is great step towards uprooting corruption, but I thought this step is able to uproot corruption in very small extent. Main effect of demonetization which I'm seeing is the removal of fake notes from the our country as well as foreign countries also. Circulation of fake notes always weakens the economy.

As particular point of view regarding corruption I think my answer more favor in just changing clothes,

But if we talk about all the matter which is belong to demonetization i.e. fake currency, black money, economy strength etc. Then we can say that it is a Master stroke of our government.

Thank you!