Ban 500, 1000 notes - Corruption Uprooted or just changing clothes!
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801 comments Page 51 of 81.
Gangesh Gunjan Jha said:
8 years ago
Rules made to be broken. So, I think its a bold decision with an experimental strategy or you can say its a trial and error method. Reason No. 1: If we want to see changes in a positive way we should support our PM's decision and give this govt at least 1-year time to judge this announcement.
Reason No. 2: Every new thing comes with some positive and negative. For a temporary period negative outcomes suffer us. But if we really want to give a big slap on corruption, terrorism, black money we have to digest this small pain.
At current scenario, I am supporting our PM who really need us. If we want to see changes in the system first start making changes in itself.
Then there will be no need to ban notes for this. Because every solution is hidden in their problem. . Starts with yourself instead of pointing fingers to others decision. To participate in changes first change yourself.
Reason No. 2: Every new thing comes with some positive and negative. For a temporary period negative outcomes suffer us. But if we really want to give a big slap on corruption, terrorism, black money we have to digest this small pain.
At current scenario, I am supporting our PM who really need us. If we want to see changes in the system first start making changes in itself.
Then there will be no need to ban notes for this. Because every solution is hidden in their problem. . Starts with yourself instead of pointing fingers to others decision. To participate in changes first change yourself.
(8)
Lalit thakur said:
8 years ago
Until now it looks like changing cloths. It seems that demonetization was just to annoy common people.
(8)
Sunnyteja said:
8 years ago
Hi friends, in my opinion, demonetization was a decision that was taken without considering its future effects. As India is the fastest growing economy in the world and the GDP of about 6-7% the government might have thought of taking this decision. But in a country like India where we are used to cash transaction baning 500 1000 notes was a stupid decision. Balck money holders do not have their entire wealth in cash. It only accounts for 20% of their wealth. They invest in gold, land and they have enough way to hide their money. Hence this note ban has only caused trouble for the common man who stood in the rows in front of ATM. Corruption cannot be uprooted by baning notes and I would further go and say that it cannot be uprooted entirely it can only be reduced.
(8)
Pooja said:
8 years ago
Hello, everyone.
Politics, politicians, nowadays, these two words are becoming for a name sake for getting popular people become politicians. Rather than that no political parties are genuine to remove the corruption. And it's the time to ban 500, 1000and step1 is done by Modi sir which is becoming a problem to the middle class people very much but at the ending, success will be a big thing to all the people by deleting corruption in the country. I think it's a very good thing for our country.
Politics, politicians, nowadays, these two words are becoming for a name sake for getting popular people become politicians. Rather than that no political parties are genuine to remove the corruption. And it's the time to ban 500, 1000and step1 is done by Modi sir which is becoming a problem to the middle class people very much but at the ending, success will be a big thing to all the people by deleting corruption in the country. I think it's a very good thing for our country.
(8)
RAJAT SHARMA said:
8 years ago
Demonetisation is an appreciable step taken by Indian government. Everyone wants a change but thing is how to make it happen. Biggest problem nowdays is with attitude of people, its 'chalta hai' attitude. Young people fed up with this, there is need to stop the corruption which actually spoil the young gen. Demonetisation is the only way to fight with this.
(8)
Diksha joshi said:
8 years ago
This was the very good initiative taken by the central government. But unfortunately, the expected result couldn't achieve. The sudden ban of notes affected the lives of common people in numerous ways whereas people who had corrupt money they easily found their way out of the situation. I can quote an example from news bank employ exchanging old notes from the window. This could have positive effects with the correct implementation of administration system and law.
(8)
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)
Kartikey Gupta said:
8 years ago
On November 8 2016, Our hon'ble Prime Minister (PM) Shri Narendra Damodardas Modi Ji banned Rs500 and Rs1000 banknotes of Mahatma Gandhi series in order to reduce corruption.
This is nice step taken by him and his team. But it is not executed well. It has some advantages.
The advantages of Demonetization are:
It encourage the Indian citizens to use digital payments. Certain apps like paytm, freecharge, etc. Even the Government of India also launched his own app know as BHIM to encourage digital payments. The illiterate or backward people who did not know what is digital payments, they are start knowing about it. To futher enhance digital payments Government should reduce the charges or fee that is deducted in every transaction through app. The use of cheques should enhance. By using digital payments we have details about every transaction that we made. By using digital payments the Corruption will be reduce.
Due to Demonetization the Indian economic rise by 0. 6% as we campared our Gross Domestic Product (GDP) with year 2016. In 2016 our GDP is 7.0% and now it is 7.6%. This show that India Economy is increasing. After some years we are able to compete with other well develop countries. Due to this India rank in Global Economic is also increase.
Due to Demonetization 7 to 8% of black money is obtain by the Government. Because of this Corruption is little reduce.
But the execution of Demonetization is not so well.
At last I only conclude that Demonetization is a good idea. Because of this corruption is also reduce.
This is nice step taken by him and his team. But it is not executed well. It has some advantages.
The advantages of Demonetization are:
It encourage the Indian citizens to use digital payments. Certain apps like paytm, freecharge, etc. Even the Government of India also launched his own app know as BHIM to encourage digital payments. The illiterate or backward people who did not know what is digital payments, they are start knowing about it. To futher enhance digital payments Government should reduce the charges or fee that is deducted in every transaction through app. The use of cheques should enhance. By using digital payments we have details about every transaction that we made. By using digital payments the Corruption will be reduce.
Due to Demonetization the Indian economic rise by 0. 6% as we campared our Gross Domestic Product (GDP) with year 2016. In 2016 our GDP is 7.0% and now it is 7.6%. This show that India Economy is increasing. After some years we are able to compete with other well develop countries. Due to this India rank in Global Economic is also increase.
Due to Demonetization 7 to 8% of black money is obtain by the Government. Because of this Corruption is little reduce.
But the execution of Demonetization is not so well.
At last I only conclude that Demonetization is a good idea. Because of this corruption is also reduce.
(8)
Shaheemuddin Farooqi said:
8 years ago
In my opinion, it was a good step but there was not proper preparation for the problems which were going to happen. Obviously, it made the illegal money of many people just waste papers but the people who have contact with politicians exchanged their money successfully and big wheels corruption ocean escaped successfully. Even bank workers made more corruption. That's why this step didn't succeed as of it should be.
(8)
Simar said:
8 years ago
According to me, Banning of 500 and 100 notes was a big move for a country like India. I salute Mr.Modi for such a step. Although, this step has shaken the middle class more, but still helped to remove black money to some extent. Still, people hold a lot of black money. I think this one little step has at least woken up the corrupt people. Such steps must be taken for the betterment of the nation.
(8)
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