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

Hi this is vignesh,

According to me, the ban of 500 and 1000 was the best way of finding the black money holders, this may get worrying only the poor people but not the rich peoples, rich peoples do the things of routine daily as usual so there is no beneficially to ban the 500 and 1000 the person standing daily in bank outside in queue. Even the old men and women, either they are trying to buy medicines or these problems, in my point of view, this issue might affected by poor peoples not the rich peoples.

Hello, friends.

According to me. Demonetization of 500 Rs and 1000 Rs is a good step to remove corruption and black money. After this incident, people in India are aware of their money and they decided to give their income tax on a proper time to the government. It is beneficial for government. This money should be spent on our Indian athletes and our Indian soldiers. Because in India there are no good facilities for Indian soldiers and Indian athletes.

GOOD EVENING FRIENDS,

I think the step of demonetization taken by the central government is a very good step in the welfare of our country India.

India is a country of more than 121 crores of people. The step was taken by the Indian government surely reduces the rate of corruption and the prices of goods will also be reduced by this step.

Few month back government had decided to ban existing 500 and 1000 rupees notes. In my point of it serves different purposes like,

1. In India Tax evasion is a common thing, people deposit cash to not to give tax. Now it will bring all those money into an economy system and the government will collect a suitable tax. Son ultimately it is going to strengthen the economy.

2. Fake currency had become a headache for the government, now the government has changed a lot of feature of its existing currency which is impossible to copy.

3. Terrorist organisation were using old 500 and 1000 rupees notes against our country for their mission in our country. Now this move will rein on their mission.

And it has also benefited from pushing toward digital India and much more.

According to me, corruption is a very big problem of our country it is not completely uprooted by demonetization but it is a very bold step taken by our prime minister. Due to Demonetization Indian economy increased by 0.6%. In 2015 our GDP rate is 7.0% and now it is 7.6% so it can't be say that ban 500, 1000 notes is just changing clothes. I agree that common people tackled many problems due to demonetization but they all support our honourable PM because all have hope in their eyes that such a small steps taken by government uproot corruption completely.

In my opinion, banning of 500, 1000 is a very good step.

I know people suffer a lot of problems but if Our hon. PM didn't take that step then the corruption won't Be uprooted hmm to change our country to developed country just like the USA we have to change our thinking.

People never see the bright side because they all possessed negative thinking.

According to me, this is really an impressive step to uproot the corruption.

I also request our PM Modiji to keep an eye on poor people too so that they wouldn't suffer.

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.

From my point of view, ban 500, 1000 rupees notes have just stopped corruption in the short run as at this phase people would make mistakes during conversion of their black money. However in the long run it is not beneficial (hypo example); if a person stores one crore rupees of black money of 1000 rupees notes.

Therefore after the ban of thousand rupees note of coming of one two thousand notes has given people more chance to store their black money in more higher quantities as the value of notes has risen and more value can be stored with physical possession of less quantities. Therefore, I agree with the statement that Ban 500, 1000 notes - Corruption Uprooted or just changing clothes.

Thank you.

I think that note banning is not a good idea because it was issued without a proper plan. By demonetization poor and middle-class people were most affected because the are fully depend on cash. They do know cashless transaction bit rich and black money holders know everything. ThEy do not have their money in total cash they invest it in gold land etc. They have many ideas to change their money to black to white.

That is why that there was no good conclusion of demonetization.

Many people died due to problems like marriage medical etc.

Hi,

Firstly, I welcome the great effort on banning 500 and 1000 rupees. This is a great time to figure out black money holders and scammers so in point view there were a lot of.

Struggling to exchange the money from banks. Otherwise, it was not welcomed by everyone because unfortunate announcement that was so much affected to the middle-class family and low-class family, I thing before they had announcement they should keep some procedures so only we can sustain that problem. Eventually, I am going conclude this conversation what matters in the problem anyhow now everything okay that's fine.