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

Hello friends,

Banning 500, 1000 rupees notes is a great initiative taken by the government, though it gives a hard time for a while but did its work. People may face some problem regarding changing of their notes but because of it, we can say that government is active and aware of the black money. Demonetisation help government to fight against corruption. And also there are some disappointment regarding implementation. While many people who have black money may able to change it by their own way of making deals with the other people.

Hence, the conclusion is that demonetisation help to uproot the corruption at its level while it also works just changing clothes!

Dear All,

Yes, it is a good step, the government has been taken for demonetization.

But this time, it was not succeeded as it only affects the poor or middle-class family. Neither any minister nor any businessman is in the queue at ATM for Exchanging money. The Government has done this just to make India corruption free but it was affecting only poor people whose family is standing in a queue outside of ATM as a daily routine it affects poor people daily income source. Hence, Demonetization is just changing clothes I would like to say that Government are doing good in the field of developing India but they should be taken care of middle class or poor family first.

Demonetization i.e Ban on old Rs 500 and 1000 notes created a major impact on Middle-Class People in Day to Day life and in terms of value 15.28 trillion rupees were recovered from that of 15.44 trillion (98.96%) and if it was introduced there to reduce the corruption, then it has not created that much impact on corruption but it has solely affected the fulfilment of basic needs and various facilities for a span of months.

As per the introduction of demonetization for promoting online transaction, there is a little bit growth in online transactions but India is a country which requires time, in fact, a long span of time for effective growth of online transactions.

Hello, myself Aditya ban of 500 and 1000 is a good decision but not a great. By this policy only poor or middle-class people have to suffer more than that people for those the demonetization had to take place so think the government had done the right thing but not in a right manner. I am sure black money holders have solution for this problem not suddenly but they make the solution very easy and after that big policy had taken place in our country the corrupted peoples once again started in making of black money in a different manner so that's why I think corruption is uprooted but not fully or properly and we can say that it is a just changing of clothes. Thanks.

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.

I think corruption will still be prevalent. Demonetisation was like a temporary halt to corruption. People are coming up new ways to counter this. Most of the promised black money was unearthed but there still remains some and will always remain some. Peopel are finding new ways to counter these. Recent instances of tampering in currency chests in kanpur where 99 crores worth of old 500 and 1000 notes proves that corruption is just old wine in a new bottle. Involvement of bank officials and forging of fake records and use of deceased persons's adhar cards to channelise illegal money have been some ways that corrupt people have been using to stack up black money.

Hi friends.

In my point of view, demonetization is a good and better idea to avoid corruptions but the way of implementation is only lacking this process, initially they must have the plan for implementation and new money distributions, we all know that after few days old currencies are floated in rivers and located in trashes, but at the same time some black money holders change their bulk money by the aid of some bank managers.

The proverb is best suited for this process is "Don't step in the river without knowing its depth".

So, I concluded that was the best idea for eliminating black money if this process has some scheduled plans unless it is not better.

Hello everyone,

According to me, Although it was the great tool but just proved as the introduction of new notes on the place of old ones. The demonitisation didn't have drastic impact. Corruptionist had welcomed it with counterfiet & duplicate notes. We can't deny that its impact is nil, the corruptionist still have fear in mind, as per the facts 50-60 lacs new income tax return were filled this year & tax has been paid by the people whose income was taxable but they have not stopped themselves from doing something which is illegal. So we can say that 500-1000 notes didn't uprooted corruption completely, it stopped corruption for a while thats it.

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Demonetization announced by our PM Modi sir saying that banned of 500/- and 1000/- rupees notes and introducing the new currency. The main aim of the govt to make the India corruption free country to increase the cashless transactions to make digital India. Lot's of people support this decision and few of people not support as they have black money and initially it is painful for poor and middle-class people but it will few days only and everything will fine. Personally, I think that it is a very good decision by the government but it's success highly depends on implementation and I appeal every Indian to support this decision and contribute to it.

Thank you.

According to me, banning 500, 1000 is not enough to stop the corruption. During demonetization, people have faced too many problems by standing in queues and exchanging money from others, while transportation in buses, autorickshaw, etc.

After all these things we don't have significant proof that we are not corruptive nature, according to a survey done by ABP news we have told that this demonetization didn't help us to become corruption-free.

There are many ways by which we can stop by going cashless for all transactions and by making transparency in all sectors, government offices and in politics also.

So according to me, it was just like changing clothes.