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

Good morning everyone !

No, the corruption can't be uprooted from India after Demonetization. Because the processes of Demonetization involves the person who is corrupt, and there is full exchange of old currency with the new currency at a commission of more than 30 %. This commission is a bribe. Corruption in every mind of humans in India, which can't be controlled by implementing new Rule in the economy. Corruption can be uprooted by realizing them, the impact on each section of India. I do not think Demonetization is a part of any uprooting of corruption, the India is still in the same phase.

Good evening everyone. I am Himadhar Vemuri. Here Demonetization is done only for middle class and the poor people they used to loose their salary at the time of Demonetization. They are having too much of stress to balance their life. The others like politicians are got exchanged by the bank managers by giving the extra money. So this is not too much good to do like this. But the PM used his idea from the Demonetization to eradicate the black money. Thank you.

Hello everyone,

Yeah, as we all know that. The banned of these two currency(500, 1000). Most of our citizens, were in favor of this. Yeah. It's really a good thing. But I'm in against of it. What we got is nothing. Our 98% of Money is back to the bank. You know, by banning of these currency doesn't affect the development of our country. Our respective PM Mr. N. Modi. Have launches many schemes, that's good. But banned of these two currency takes many more souls.

Presently what we got is nothing. Accept shocking news over there. By returning of all 98% of currency.

I hope you people should understand, what I really wanted to explain.

Thanks.

Though demonetization affected many poor and middle class people and not wealthy people but the government is not responsible for it. This is the fault of the third person who for the sake of his own needs and greed have cheated with the countrymen by taking commission from wealthy people and exchanged money for them. Due to these few frauds entire country is suffering a lot. Until and unless these people change themselves no big step can India execute successfully. And believe me if no one will work as a third person for the rich people or VIPs, there will be no need of suffering for innocent people. This is the dream for India and I really don't know when and how can this come true.

In our country according to me what our ministers are are supposed to do is concentrate on the problems at hand like poverty, education, water, shelter, electricity.

By demonetizing currency it did not made any good to the people of India as most of them are middle class people who suffered a lot of pain through the time and also the poor class since they are not affected by the decision. I think they should make a point amongest the people by showing results.

We all know the results of demonetization it did nothing significant.

I will favor on this topic because our PM should promise after changing the full 500-1000 note the corruption and black money should be open. And all the black money government should be used to improve public expenditure. Now we will only wait for government promises or what the government should take a action of our words.

It was a good steps which was taken by our government for reducing corruption from our country. In starting time everything is difficult but in later it will prove better. And I hope our prime minister whatever doing which will be impact well in upcoming time.

Hello everyone.

Ban of 500 and 1000 rupee notes is really a big and bold step taken by our PM. And yes it is successful up to some extent. Recently as stated by our finance minister almost all the RBI money has returned, this shows that every black money is stuck with themselves. I think no black money holder will say in public that they are suffering by this new system. By ban of this notes, black money holders are suffered in silence and even poor people are suffered but it is totally different right. But definitely, this pain of rural people will give fruitful actions. They may suffer directly but they will be benefited indirectly and here is how.

Eradication of corruption is ultimately a profit based phenomenon of the govt and as this govt is for people so these profits are for the people. Ultimately people will be benefited by this but indirectly. We may not see money directly coming to our hands but we will be benefited in one or the other way by govt.

Directly its a little pain but indirectly its for good cause.

And yes, ban of 500, 1000 notes is not just changing clothes and definitely corruption uprooted.

Thank you!

Hello everyone.

Demonetisation i.e. banning of old 500 and 1000 note was taken by the government to eradicate corruption and black money. We need to analyse and find out what has been achieved in each and every aspect. Talking of corruption, my personal view is it has just changed clothes and nothing has changed about it. Yes, the fake currency producing units have been affected by it and that's a good result. Now talking about black money, how much of it has really come back and what are the stats we need to figure out then only we can say whether it was a good step of bad. Last but not the least everyone is talking of people standing in queue and suffering. Friends if we need to sacrifice a bit for the goodwill of the nation it's a very small contribution.

Hello Everyone,

We all had seen that poor and middle-class peoples stand in queues for exchanging their notes but I think demonetization if for them who had black money. So the middle-class peoples suffer a lot without having black money and politician, businessman and other culprits are able to exchange their money without standing in queues and in a democratic country a single person like PM can't take any decision on their own.