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

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801 comments Page 45 of 81.

Ankit Goyal said:   8 years ago
Hello Everyone, I think corruption is just changing clothes after demonetization because the step taken was not planned efficiently and it had a very short-term effect on corruption. There is no doubt that a huge amount of "Black Money" is retained but the corrupt person always finds a way to get it back.
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Akshay said:   8 years ago
I would like to add that no doubt demonetization was a great step by our government, but I just want to know that BJP government has taken this step and has backed with some other things, And bring back the black money was their primary motive which wasn't fulfilled in fact the outcome was good but it was not what the BJP government primarily wanted.

And the point i.e. corruption has reduced tremendously but was not the after effect of Demonitazaton, but it has helped it a bit. And I would also like to appreciate the fact that Modi government took such a step which changed everyone's point of view but not to forget the fact that when demonetization took place still some people managed to get the currency changed. HOW?

So people's point should be changed and not the currency. Even after changing the currency we know that there is corruption then whats the use of the problems that we have been through.
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Shiva swamy said:   8 years ago
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.
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Aditya Singh said:   8 years ago
It has two aspects, one for the normal corrupt AAM Aadmi and another for the man having high connection with the system. From my point of view, there is no effect of demonetization on the second aspect, as they can turn their black money into white money by consulting bank authority directly. We have seen such type of news. So, we can say that it affects the corruption partially.
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Bharat HP said:   7 years ago
A Decision on Ban of 500/1000 notes was beneficial because of following reasons:

1) it uprooted corruption not completely but up to some extent (it gave hope to middle/ poor class people about the reduction of corruption).

2) after long run (5-10 year) peoples will attract towards digital payment system (it will create transparency).

3) the number of the taxpayer was increased.

However, the decision to note ban was not pre-planned. Hence, Indian peoples face lots of difficulties like standing in the queue for an hour/shortage of cash in bank / many industrialists suffer losses / our GDP went down etc.

Ultimately, we can say that due to note ban fake currency which was used for terrorism & other activity, is completely eradicated.
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Rahul said:   7 years ago
It was very challenging decision of our government to make India corruption free. Our politicians and businessman have too much black money which is underground and they can't make it white within few days. So it was a good decision. And the second thing I would like to tell that it hammer next activities and terrorism in Kashmir because it will be funding illegally by Pakistan and China.
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Shubham Thapliyal said:   9 years ago
Yes, everyone knows that after banning of 500-1000 RS notes limited amount of money can be kept within us. Also most of the black money caught had turned into ash for those who stored it for future purpose. In India, people are just thinking to earn more and more money but not how money should be utilized for social purposes. They don't understand that money is not everything. Living a peaceful life full of basic amenities so that we don't have to beg Infront of anyone. And the fault is not totally theirs but in our society, we are never taught to become a helping hand. We are just taught to become a golden egg. EG Sometimes it happens that we don't have to follow the rules and regulations and we don't act accordingly to government and Constitution. We are standing many times in a long que for filling forms for license, identity cards. Taking that into consideration, there would be some places where we have to stand in hot sun and also it is necessary because without such important docs we don't bear social identity. What will one do?

Stand for two hours in hot sun or give money to agents and get the work done swiftly. Think by yourself because upto some extent man can leave comfort but not time. So topic was banning of notes but what affect it did was anti-corruption upto some extent. Corruption is not an evil which can be removed such easily but taking step is mandatory. Because from now atleast upto some extent corruption is uprooted. But scarcity of things causes corruption. There is saying in Hindi that " Kuch nahi se Kuch Sahi". Whatever our prime minister has done absolutely requires planning and dedication so just take a right step. It will make difficulties for a while but as the time goes on it could be handled in a proper way. So, yes corruption is starting to uproot but we don't have to sit at home Infront of TV and pass comments on how government and public servants should do but also take a right step from our side which will contribute to our economy to develop speedily. And changing clothes can't change qualities of person wearing it but here demonetisation had changed qualities of our economy and given chance for it to develop. Hence conclusion comes at end that yes banning has played important role as anti-corruption agent.
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Amber said:   9 years ago
Hi, According to me, demonization is a great step taken by our government And it definitely helps to uproot corruption from our country as the black money is not only that money which is earned by any illegal works but also that money which is not in knowledge of Indian govt or we can say not in the monetary circulation. Facts say that more than 80. Of Indian currency was in 1000 and 500 denomination and from them a lot of notes are out of monetary circulation from a long time. Hi By this banning of notes, not only corrupted people tracked down easily but also it leads to a huge amount of money in the circulation which will go to reduce the effect of inflation in our country. Secondly, it also effects the funding of terrorism and other illegal activities. It may not the only step to uproot corruption but definitely, it is a very strong one.
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Deepshikha Negi said:   9 years ago
Ban uprooted corruption for a sure but only to some extent. The government made a full proof plan to do away the menace of black money by keeping the move an utter secret till the last hour. But they were unaware of the fact that the roots of corruption have subsided deep in the people's mind in the past 50 60 years, hence they did whatever they can to convert their black into white. In a way, it is like black taking a new shape. Government should take some more security measures in this regard. It has promised to keep and miles to go before it sleep.
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Connector_16 said:   9 years ago
Hello,

The new denominations as introduced by government of India can not UPROOT corruption but it will act as one of the measures of decreasing corruption for a certain period of time because.

I- We clearly observed from the discrepancies and inconveniences the move of demonetization was not well planned and under executed.

Ii- As we are here 3 months after demonetization most of Indians who are digitally illiterate still prefer paying in cash and so are they who don't want to pay their tax properly. Those who know how to pay cashless transactions are compelled to pay in cash by former people.

Iii- As long as there exists 2000 rupee note paying a large amount of cash in notes is more feasible which leads to more illegal money accumulation in the vault of any corrupt.
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