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

I would like to share something on demonetization. Demonetization was not a much appropriate step to stop corruption. I think that govt had not planned for this before taking this step. Many politicians and businessmen were able to change their money. But middle-class people had to suffer a lot. This step was not much affective and the black money is still there.

Hello Everyone!

The sudden ban on 500. 1000 notes were to stop black money from the system. It was campaigned in favor to improve the economy. After going through all the processes, awaiting in long questions by middle-class people and sacrificing the life of many proved that ban 500, 1000 notes were just changing clothes. Only middle-class people suffered. As per RBI data all money back in the system which was in the circulation before the ban. Now the question arises where black money has gone or does black money exist in the system. If yes, then why these are not being stopped?

So it can be said that banning notes was not an appropriate action to pull black money out.

Hi friends.

I am DIKSHA Jain.

I would like to say that demonetization is a major step toward curbing the problems of black money. But it doesn't bring the black money to India. Have you seen any high-class person in your surroundings in the bank line for exchanging the money? Moreover, issuance of 2000 currency notes made it easy for them to gather more money as black money and made it difficult for a middle class to meet his both end meet. And the time period for exchanging was also too low. And it proves more crises for those family who were conducted the marriage of their children.

I highly condemned the decision of demonetisation taken by our prime minister.

Very less time was given to exchange our money. It is not the way to take black money from people. Still, there are many scams in our country they must focus on this issue. It is harder to see old women, working men who left their jobs and waited for many hours. ATMs get vacant and people have to queue up for another day.

I am Rajen Nakrani. I would like to share my opinion about demonetization. The demonstration is nothing but changing the current currency of 500 and 1000 in India. During this time Which black money out side and more pay tex. It's good to help people progress in India.

Hello everyone.

Ban of 500, 1000 notes is initiated by our prime minister narendra modi. Well his motive behind this was to remove black money but this tend to be fail mission because those who were rich exchanged their notes however and middle class people was suffered. Due to this a great recession was in market. Middle class people was in long lines many people died in long queues. And according to data only 10000 carore was exchanged so it was just as changing clothes. Black money is still there.

Hello everyone.

Demonetization of 500 and 1000 notes which was initiated by our Prime Minister NARENDRA MODI was to corrupt black money and avoid corruption. It effected the rural people the most as availability of banks are least and therefore staying in the queues in front of banks and exchanging of notes became the toughest. Demonetization brought out the people who were having the black money but, not all the people caught. Therefore, we can say that it reduced corruption to some extent. Thank you.

Yes, friends. I want to share my viewpoints about ban 500 and 1000 notes. Especially in my city, it's a very successful act demonization why because of this act most of the black money coming out. Those who are maintaining black money they tried to change their notes. Most of the politicians know about before demonization they already change their notes. Most of the poor people suffered a lot about this act. But this act most necessary successful act. I like this act personally for banning of 500 and 1000 notes.

Hell, everyone, I am Sree.

I think there is no use of demonetisation in our country.

What the govt did after banning the 500&1000rs notes it invented 2000rs notes which is more flexible to store much mone illegally.

Hello, everyone, I am Rakesh & I would like to share my views & opinions about demonetisation. It was a great way to reduces the black money by banned of 500, 1000 notes made by PM MODI. I think it was successfully applied in all over India. It was making some advantages to our economical & making a step ahead in economic growth. The reason behind that was there was no proper strategy have a government so that the decision of making notes banned is successful.

I appreciate & thanks those helped to govt by facing problem after banned notes in India.