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

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801 comments Page 49 of 81.

Shaira said:   8 years ago
Yes, Mr. Advay, I agree with what you have posted just now. To some extent, it has worked but this step was unable to bring out all the black money. People distributed their black money among their staff members or relatives and got their money exchanged from banks. Yeah, they had to pay so money to them as a commission but still, their pockets are stuffed with black money, the difference is previously it was in terms of Rs. 500 and Rs. 1000 notes and now it's in the form of Rs. 2000 notes.
(4)

Mohit Purbey said:   8 years ago
Hello everyone,

Ban of 500 and 1000 notes was a good move against corruption but it did not uproot the corruption completely. And I am saying this based on the fact that we all know that politicians are the most corrupt people in our country. But not a single politician faced any problem at the time of demonetization. Only common people faced a problem and yeah some corrupt common people. So, it is safe to say that ban of 500 and 1000 only eliminated 20% of corruption but not completely.
(6)

AjayKumar said:   8 years ago
As per me, banning 500, 1000 notes and introducing big note of Rs. 2000 does not only answer to reduce corruption. The Government needs to think take a commendable role to stop this worst factor in India. Even we are responsible for this. We all have to take strong step to stop it. The Middle level of people is highly affected from this. Therefore this is the right time to move forward and needs to tighten all Govt, Pvt. Sector completely as well as people of India. Thank You Very Much.
(8)

Uns said:   8 years ago
According to me, it's very difficult to uproot the black money from our country, we all are in the support our PM but still people abusing him for such kind of initiative, demonetization is not a magic wand to eradicate like a weeds from the land by weedicides, its a strong decision by our PM after a long time, even we are suffered from this (especially middle and poor peoples) and at last Swiss account holder never get trapped and the land mafia's, they are just giant of our society.
(8)

Dr. Vineetha Aravind said:   8 years ago
Demonetization is a bold step taken by the Government. This brought an accountability to the money held by people. Even though many people complain that the step failed because people hoarding money were able to make it white by offering commission to poor people, but the point to be noted is that what now everyone have is white money for which they have to pay IT. Now no one can evade paying tax now. The suffering of common man was negligible compared to its benefits in the long run.
(6)

Yakesh said:   9 years ago
Hi, I am Yakesh. My opinion towards this topic is a ban of 500 and 1000 rupees note is just a waste of money, time, lot of people's energy and many people's life. It has very small effect on India's black money. Many politicians, actors and big personalities not anyone specific have crores and crores of black money in swiss and many foreign accounts. Banning the old rupee note in India is not going to affect their bank balance. This has just made middle-class people's life a misery.
(4)

Murthy said:   8 years ago
Ban of 500 and 1000 notes was major impact on middle class people, its a good idea but there should be a better plan by introducing the different currency notes to over come the problems. Many of them are still maintaining the black money but the major impact was on people who are in below poverty line. Main the political parties are using their power and doing more money so that they need to come with a different idea that should affect the people who having plenty of black money.
(2)

Abinash sadangi said:   8 years ago
Hello,

I am Abinash.

In my views, demonetisation has neither uprooted corruption nor changed its clothes. It has just became created a trend. Before demonetisation, farmers used to get low incentives and even today they are suffering from the same problem. Rich is getting richer and poor getting poorer. However, it has provided a digital model through which India can progress. Less reliance on cash transactions has increased and almost all govt services are made available online.
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DeshmukhSuraj said:   7 years ago
Hi friends.

Ban of 500 and 1000 notes was a good step by our government but it fails in many views.

There was no any black currency caught during the demonization time.

There is no good effect on people's but so many bad effects are some during the denomination. No any businessman or any politician are not stand in the queue but poor and middle-class people's are stand in the queue of ATM or bank. Demonization takes some lives that are not any rich person that are poor people's.
(13)

Abisek said:   8 years ago
According to my point of view, banning of 500,1000 of currency will not able to stop the corruption because as we all know that no sign of any corrupted person are found by applying banning strategy ,but many of capable or successful to exchange their money ,on the other hand big amount of currency can lead to increase the corruption because in place of 1000 they store 2000 means double black money, poor are not suppose to use 2000, change are not found in urgent time.

Thank you
(2)


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