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

I would like say that the demonetization is the big success of the the Government off course it fell behind to adjust with people and people suffered a lot with this changes. If it is well planned and action oriented to the changes it would be a great historic achievement.

RBI announced that the 98% of the banned money returned to the bank. In this 98% of all money it includes the black money also. Somewhere in conversation of this black money to accountable money the poor people got bit benefit of it. We are new born puppies we hope demonetization will give us bright and economical future.

Hi, Everyone.

Demonetization is a very good initiative taken by our government to eradicate corruption. But the results would have been much better if it got implemented with a proper planning and the government should have taken necessary measures before implementing. Particularly the poor and middle class people suffered a lot due to this. Surely there will be some negative consequences when such big steps have been taken. Corruption is not an small thing and it is a very difficult task to uproot it. The government alone can't do this. There should be cooperation from the people side too.

Hi friends.

In my point of view, ban of 500, 1000 notes partially uprooted the corruption.

It was not successful because, it created and applied suddenly.

No proper decision was taken because it was not discussed a lot about it. And we all know quick decision always can't be the best.

The second one thing is that, the mentality of ours. As we know, a huge of black money converted into white because of ourselves.

As we know clap can't be complete without both hands.

So we will also have to participate in this type of mission with the government so that the mission can achieve the goal.

I'm Dev.

Ban on 500 & 1000 rs note it's not a cloth changing action. Our government took this decision on 8 Nov 2016 to stop money laundering and black money in India. Which was a very huge decision ever taken by the Indian government in last few years. Now if people say that it was just cloth changing then it's not correct because nobody can change a country in one day. So we have to wait for a time to see the final result of these changes. We can say that after demonetisation a very big part of black money recovered by the government till the time and they are still working on it.

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.

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.

In my view, demonetisation was a good move by our venerable PM Narendra Modi, as Indian econom and poor people in India was suffering highly due to corruption. This step taken by PM drived a considerale part of illegal money in bank deposits that will help in the growth of the money. Ofcourse the poor had to suffera lot. Obviously when a rigid structure changes sudenly, it will create certain problems tto many. But again, when you want a change to happen you have to go through a lil trouble. So, in my view Demonetisation was a good move, as doing something is better than doing nothing.

Hi all, I would like to say that demonetisation is a very good move by the government to fight against the corruption but it should be done in well-planned way as we see middle-class family and poor people were lot affected by it. It leads to loss of many life and on the bitter note I will say that government failed in their motive too because RBI gave statement that more than 98% of money back to the bank so where the black money is gone and the only benefits am seeing that we get rid up of old notes with names and no written on it and we can say that it is just a changing of clothes.

Hello!

According to me, banning of 500 and 1000 notes is like taking a step ahead to make corruption free India. But the major issue is middle-class families and poor people faced a lot of difficulties. As they are Middle-class and below the poverty line obviously they won't be dealing with lakhs and crores of money. They do have money in hundreds and thousands only! With the advent of 2000 notes, it really became difficult for these people. They can afford to have 2000 and they shouldn't use 500 and 1000!

It is also a major drawback as this resulted in the decrease of our GDP even.

India is a democratic country i.e a govt of the people, for the people & by the people! Now, that our honourable pm Mr.Modi declared demonetisation of notes all of a sudden, People - the illiterate & poor sections suffered a lot in a confusion regarding the exchange & the fear of losing money took a few people's lives too. Though it was a good decision, it required some preparation, the govt being a democratic one along with aiming at the rich section of our society, it should have foreseen the ill effects of demonetisation on the weaker illiterate section of the society.