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

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801 comments Page 20 of 81.

Debesh prusty said:   8 years ago
In my opinion, banning of 500, 1000 is a very good step.

I know people suffer a lot of problems but if Our hon. PM didn't take that step then the corruption won't Be uprooted hmm to change our country to developed country just like the USA we have to change our thinking.

People never see the bright side because they all possessed negative thinking.

According to me, this is really an impressive step to uproot the corruption.

I also request our PM Modiji to keep an eye on poor people too so that they wouldn't suffer.
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Lalit thakur said:   8 years ago
Until now it looks like changing cloths. It seems that demonetization was just to annoy common people.
(8)

Abhinav gupta said:   8 years ago
According to me, demonetization is a great step taken by the government of India, but it without a proper planning because of this middle class and poor people suffer a lot because of this people take a leave from their job and stand a large queue in bank standing in queue it does not mean you get the money because they not providing the money on daily basis neither they put in ATM and after that their also a some corrupt employee in bank who don't want to reach money incorrect hand, poor people suffer a lot because their earning depend on the daily basis and they also not know how to use online transitions, corrupt people also find a way most of them invested their money in land and gold for me demonetization is just like changing cloth.
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Deepanshu said:   8 years ago
According to me, note ban is a quite good decision taken by the government, as it is also written in our constitution that after a given period of time currency has to be changed to avoid corruption and also black money.

But it did not help that much to the country as it was told. Because corruption will be there, now with a new currency and also after a while fake notes again will be there in the market. So if we talk about in long run there are not many advantages of demonetisation, but for some time as the fake currency is not there, it will help in reducing terrorist activities as they are organised by that money (fake currency).
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Sunnyteja said:   8 years ago
Hi friends, in my opinion, demonetization was a decision that was taken without considering its future effects. As India is the fastest growing economy in the world and the GDP of about 6-7% the government might have thought of taking this decision. But in a country like India where we are used to cash transaction baning 500 1000 notes was a stupid decision. Balck money holders do not have their entire wealth in cash. It only accounts for 20% of their wealth. They invest in gold, land and they have enough way to hide their money. Hence this note ban has only caused trouble for the common man who stood in the rows in front of ATM. Corruption cannot be uprooted by baning notes and I would further go and say that it cannot be uprooted entirely it can only be reduced.
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Nsb said:   8 years ago
Demonetization is a very brave step taken to eliminate corruption. The banning of Rs500 and Rs1000 came as a surprise and shocking news for the people. Definitely, due to this corruption has been reduced to some extent because it has become impossible to convert the black money available in the form of cash to 100rs notes and moreover new notes were not released immediately. This started to reduce corruption as we came across incidents like some big shots revealing their black money to the media, some leaving bags of money in dump yards, some giving donations in large amount etc. But yes there are certain disadvantages like the common suffered a lot due to lack of money and lack of awareness of digital payments. In order to achieve something great one should accept the sufferings. Thus, this step should be accepted by the people as it is a move in order to reduce corruption. But after this step also we can witness corruption i.e. some agents are exchanging the old notes illegally. Thus, the government should implement many bold strategies in order to the curb corruption and the people also should support.
(15)

Anivesh said:   8 years ago
Demonetisation was one of the bold decision that government of India has taken till now. It was done to take control of corruption, fake currency and terrorism. As demonetisation leads to many difficulties to poor and middle-class people, that's also the reason that it was not appreciated by many of the people.

Also, our government was seemed to be not fully prepared for that bold step.

Because of many of bank officials, most of the black money was turned into white. Some people helps their friends and relatives to hide their black money. At the end, it was again us due to which that step was unsuccessful.

So our government can't do anything alone until we are not committed to support it's preventive measures.
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Sachin said:   8 years ago
Demonetisation was a very brave and bold step taken by the government. Yes, it helped to reduce corruption to an extent because people couldn't dispose of their unaccounted money they had and the only thing they could do was to either declare their income and pay tax or dispose of. And through this step bank got a lot of tax money which could be further used in the development. Also, now people in villages also realise the importance of having a bank account. I know many face very difficulties almost everyone but as it said desperate times desperate measures. It helped India to look forward going digital and cashless. I wouldn't say it just changing clothes because govt is taking keen measures and steps to make sure everyone pays his due tax. And the most important thing in an economy of India such large taking a step like this without letting anyone know and yet making it successful is very very difficult I mean our economy didn't stop. We should really appretiate our government, banks and people for their efforts and support.
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Saikumar V said:   8 years ago
GOI took the decision to Ban 500 & 1000. But how it is related to corruption?? Black money is not only in terms of 500 & 1000. It is in the form of many ways like gold, land, foreign currency.. etc. Of course by banning 500 & 1000 we can reduce the black money corruption, We have to realise the how much it helpful to fight on corruption. At the same time, RBI announced 2000 notes currency. It is very difficult to understand to common people that, one side banning 500 & 1000 to reduce black money corruption, Other side releasing 2000 notes. However, common people faced many problems by standing in front of banks/ATMs for cash. Still, common people are ready to face problem to develop INDIA. And some of the people used digital transactions instead of cash transaction during the demonstration period. Bank need to think that, India is developing as DIGITAL India, by keeping this point in their view, Requesting to please reduce to transaction charges. I support GOI if we are going toward growing country.

Thank you all.
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Vaibhav sakhare said:   8 years ago
Hello friends.

As we all know that the corruption is the biggest problem not for our country its for all the country.

Every political party come into the election and give the guarantee to remove the corruption but every one get fails into it. Because they tried to remove the modes of corruption and now there is a bann on 500 and 1000 notes. But all we know the modes of corruption there are different modes to make the corruption. So to control the corruption rate we have to follow the rules and regulation made by our court. And if we break the it then we must have ready to pay for it.
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