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

I think if we want to bring up a change we should be ready for that too.

Sometimes changes work in favor sometimes not.

I would say that this is a very positive. The Step has taken up by the government.

We all know that a lot of money was collected from different places after this.

Though not a powerful one but a nice try to do that.

I think the motive behind the demonetization was for betterment but this didn't work very well as the poor or middle family people suffer more and the ones who were really guilty found a way to get them out of this. As a student we live in hostels and we don't keep that much cash with us and in demonetization days we had to suffer a lot we were run out of cash and we have to buy food and there was long queues in front of every atm and bank and sometimes there was no cash in atm's as well. So according to me demonetization was a huge stroke for common people as they suffered during those days.

I have a point on this. It was declared by the government that most of the currency notes that were in circulation have come back into a banking sector and it has helped people in some way or the other. I support the idea of banning old notes and feel that it has however made an attempt to curb corruption.

Welcome 70th celebration of INDIA Independence.

Demonetization is an assault on corrupt people. Corruption is biggest obstacle for eradication of poverty in nation. To overcome this evil, our honourable prime minister Modi take up concept of scrap 500, 1000 rupee notes.

It is a sudden move, not-well-thought-out. This move can't be welcomed & rejected. We are compelled to accept it. It was not proposed by Arun jaitley or any minster of modi government.

Anil Bokil a Chartered Accountant in pune suggested 5 aspects to modi on July 2016. Modi took 2 selective suggestions under implementation, due to missing of remaining aspects it created huge inconvenience to citizens.

Theme: Black money holders have only two ways they can either give an account of money earned in illegal means or precious money becomes a worthless piece of paper.

To protect themselves all illicit money was spent by them in many ways.

Eg: Mukesh Ambani spent his illegal money in the form of providing service to the nation (Jio network).

Eg: Modi went to other countries in name of visit but it was happened actually to spend money as fast a possible.

In such a process Big gun people escaped from Constitution laws and these made common man effort able.

This game planned by big guns, they arranged into safe zones & it created more troubles to an ordinary man who not even performed any illegal acts they faced punishments from the government due to this cause they have been opposing to this proposal.

If truthfully black money holders are get caught its a best step in our nation.

Demonetization is undoubtedly a good idea, but there should be some pre-planning organization first. Even though we had a few problems during those days but it eventually helps us to get rid of black money holders. As our government was taking such an idea's to demolish the black money, as a citizen of India we should be in favour of such a demolishing event rather than criticizing the government.

Banning 500, 1000 notes was a very good step for stopping corruption but outcome of this is not effective because corrupted people find any other solutions to convert their black money in to white money & common people suffered a lot by standing in long queues, they left their office & many other work just for converting money. Corrupted people converted their black money into white money with the help of poor people. Poor people stand in long queues and they got paid for this by rich people.

Hello friends,

I am glad to speak two lines about this topic, my point of view is that ban 500, 1000 notes are corruption uprooted because it's a major factor for our country to grow in a good way and no any difference between rich and poor people. Everyone is equal and same to provide facility and laws to the government.

So my conclusion is our country growth fastly and digital making INDIA.

It is very easier to say that corruption is just changing clothes, but if you see the past data of fake currencies it has still improved a lot. Blaming a government is not a good idea. Think from govt point of view team of government is in hundreds and Indian population is $1. 3 billion.

Just imagine how to protect the economy.

All the thing are not in hands of govt, we also have to take initiatives to protect the economy.

And I think passing illegal tender against 500 and 1000 notes is a good initiative.

Eg. If a jug of water is filled up to the top then it must be empty again.

Then it will again be filled by someone, during this process, all those will be start caught who help to fill a jug.

Similarly, once all 500 and 1000 notes are demonetized during the process of printing more notes, many new faces will be caught to detect black money holders.

This pitcher was open but behind the curtains, good things are also happening which is not recognize by normal population such as: reduction in terror funding, Revenue of govt by more tax payers into the game.

Thank you.

Simply done by our prime minister Modi it's did not work what there are decide the plans. It did not work and only affected by poor and middle-class people. Richest people was face easily without going back also make easily change the whole currency by sitting home only successful. Please think once taking good steps.

I have posted this so long because if you know about it as far as possible it will definitely help you to tell during more time.

It is said that to make our environment corruption free, our prime minister had declared one process, that is demonetization. In that process 500 and 1000 notes were totally banned. Actually, there were several reasons behind to do that. The one of the reason was to reduce the market price of essential things. Because lots of corrupted people were not giving their proper tax to the government. That's why our govt had to increase the market price due to getting less number of taxes. And another reason was to reduce the black money as soon as possible. Actually, the planning of that decision had been processing since very long time. But in 2016 Nov it has done successfully by our government. Because of increasing market value of essential things, the middle-class people of India had been facing many problems. To avoid that situation Mr. Narendra Modi had announced demonetization. But was is so useful for our country? Let's talk about.

This was a good decision to decrease the black money from our country, but it was not the best decision. Because after declaring this process, the citizens of India had to spend very difficult situations that they never expect before. This process had destroyed the natural activity of human beings. The money crisis had been seeing over the country because the enough money was not available in the bank. For that reason, people had been standing in a queue of bank or atm to get money during very long time. Many of people had to bunk their office to take money. Even I had seen many of old peoples, they had to stand in a long queue for an hours and hours. To sum up all situation, I will say that the decision of demonetization process was not best.

But before criticizing about this, first of all, we need to know the aspects behinds the demonetization. We should know the intention of making that decision, that was totally for our profit. If we are true nationalist then we should co-operate with the government. But our problem is that we always expect the result will be in our hand at an instant. We know we were unable to stop corruption but this message can make fear to all corrupted people.

Banning of notes, actually, it didn't affect more to the rich peoples, but the poor and middle- class peoples were greatly affected. People like who use to work daily wages, they know if they couldn't able to earn money, their family will be died without getting food. So they had to take care both of things like they had to deposit their wages in the bank and earn for next day.

I think the corrupted people were not totally affected for that sudden decision of the government. Because they know how to save their black money. They did their job with 500 and 1000 notes, now they are also doing the same job. They will never be stoppable. Instead of doing this I would recommend our government to take care the every bank transaction details of every doubtable corrupted people deeply. That can make them aware to hide their black money.

Thank you!