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

This demonetization did not give full stop of Corruption.

1) But the some of the Black-money goes into the trash.

2) Corrupt people somehow aware.

3) Make helps to the digital India by using e-wallet (Pay-tm, BHIM, etc).

4) End of the fake notes of (500) in market.

I think this is the first step against corruption.

As we know big things take time to settle down. So our Prime Minister Narendra Modi took a bold move on 08th Nov 2016 by banning the 500 and 1000 rs notes. It was all done with a view to stop corruption but we all knew that until and unless the common public didn't support that it can not be totally removed it. So if we support our prime minister in his move then surely our country would get free from the insect of corruption.

Banning 500 and 1000 notes was really important to get control of the corrupt India.

In my opinion, it's a good idea.

Because it's a new step for the development in India.

We are getting a very good progress due to this corruption. This rule will definitely turn a good change in society and bad luck time to those hackers like black money fellows!

At first, good morning all friends. This is very good topics for ours. I think it is a very good decision of prime minister. All old 500&1000 Rs note are removed from our country which removes all black money. Many politicians, businessman, serviceman whose are save their black money in the bank and no paid their tax, this all remove from our country. In this result, develop our country for economically and also strong economical. Although it is bad effects for poor farmer, hawkers and small shopman which are paid their tax and it will be loss for our Indian economical. But it is the same decision for me. As a result, to loss our economical problem and save our country from economical corruption. That's all. Thank for all.

Demonetization is something a kind very rare feat that anyone would probably take up at the macro level. It is really one way to curb and bring out the black money from the population. But as far as the results that have been on the market, the demonetization has been just like change of clothes rather than an end to corruption. Ultimately its not the PM or the President who is gonna eliminate or curb the corruption level. It should become the responsibility of every citizen of India and they must be determined themselves to stay away from these dark zone activities. They must be the active participants in making the country digital. Of course, there may be different opinions of each person but ultimately the result of each one thought process must be to have a well-developed nation rather than being called as a developing nation since the childhood of our grand parent's. Sorry if I was harsh at any one or been selfish. Thanks for the giving an opportunity to have a word on this important topic.

Demonetization may be one way to combat corruption but it's not the only and complete way to counter corruption. The biggest benefits from demonetization that I feel are flow of credit to banks, people's compulsion to link with banking system, elimination of flowing counterfeited notes.

Hello, Everyone.

According to opinion demonetization, a step taken by Indian government against black money and their holders is not an effective step, As we all know black money holder have their money much in the form of gold, private property and in SWISS bank account. So just by banning 500 and 1000 notes, we are not uprooted corruption because what is surety that with new currency there will be less or no corruption.

Hence by banning 500 and 1000 notes, we are just changing clothes because notes are notes.

Also instead of affecting the life of black money holder, it has shaken the life of whole Indian economy especially poor people who have their money in form of cash.

Lastly, we can say that just banning 500 and 1000 notes not a major step toward uprooting corruption.

Thank you.

There are some advantages and disadvantages with this decision. Yes, there are chances to eradicate some amount of corruption. But poor and middle-class people have aced so many problems by standing in queues for so many days in front of ATM's. Some people had lost their standing in the queues with the health problems, even old people also had faced problems. I think this not the appropriate decision or this is not a right way to take eradicate corruption.

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.