Ban 500, 1000 notes - Corruption Uprooted or just changing clothes!
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801 comments Page 52 of 81.
Gaurav said:
8 years ago
According to me, banning of 500 and 1000 rs notes has definitely reduced the amount of black money but the execution of the ban was not proper as a lot of people has rotated their money even after the ban. It created such a chaos in the country. According to forbes editor in chief this decision of banning of notes is a theft. Gdp of the country has also reduced from 2015 to 2016 year. Also, the money required to make the new currency also added to the loss.
(13)
Nani parimella said:
8 years ago
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.
(8)
Sonu said:
8 years ago
In my opinion, though banning old 500 and 1000 notes and releasing new 500 and 1000 notes looks a lot like changing clothes but it does have served some purpose in uprooting corruption. Maybe a major portion of black money have been converted into legal form by various means but now this money would be taxed by the government, because of the shortage of cash parallel economy is shrinking as most of the black economies are unbanked and operate through cash.
(3)
Dharmendra Kumar said:
9 years ago
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.
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.
(9)
Rayaan said:
8 years ago
I would like to say that just changing of clothes has been done in the name of demonetization.
If black money was in the form of 500 and 1000 notes then even it can be with new notes as well.
The ground effect of demonetization is very bad.
Rich are getting richer, poor are getting poorer.
But as we know everything has both pros and cons. Demonetization couldn't eradicate corruption but has played a key role in heading India towards a digital nation.
If black money was in the form of 500 and 1000 notes then even it can be with new notes as well.
The ground effect of demonetization is very bad.
Rich are getting richer, poor are getting poorer.
But as we know everything has both pros and cons. Demonetization couldn't eradicate corruption but has played a key role in heading India towards a digital nation.
(53)
Piyush said:
7 years ago
In my opinion Ban of 500, 1000 notes is not a good decision because due to this common people face so many problems. People have to stand in a line for hours for changing their money some people may have committed suicide and there is lots of problems faced be them.
The government took this decision to control corruption but there is no effect on corruption and people also find some way to rid of demonetisation.
So, this cannot control the corruption.
The government took this decision to control corruption but there is no effect on corruption and people also find some way to rid of demonetisation.
So, this cannot control the corruption.
(9)
Shubh said:
8 years ago
As in my point of view, banning 500, 1000 was good decision but implementation was not good only middle class family are affected because high-class family direct withdraw or deposit their money by passing side money to banker but middle-class family waste enormous time in queue government direct intention was to collect taxes because money which people has saved in their home deposit in bank or they will not but in both way government was is profit.
(5)
Mukesh Maurya said:
8 years ago
In my opinion, Demonetization is like cloth changes. Many poor citizens faced problem in Demonetization, they stood in line hole day but at last bank employee announced that there is no cash available for today.
After that, all corrupt person changes his notes by setting to the bank manager.
At the time there is no effect in social all corrupt person still stole the many and purchase the plat and building.
So Demonetization is like cloth changing.
After that, all corrupt person changes his notes by setting to the bank manager.
At the time there is no effect in social all corrupt person still stole the many and purchase the plat and building.
So Demonetization is like cloth changing.
(14)
Abhishek singh said:
8 years ago
According to my point of view, demonatisation is a good step by the government because of these which money is out of market will come come in market and also wrong note is remove. Obviously this step this step causes many problem but most of people support the government decision. Because of demonatisation cashless transection increaseed. This will lead to cashless economy. Due to cashless transection corruption, crime and terrorism also decreases.
(5)
Sudhanshu Kumar said:
8 years ago
Hi friends, according to me, demonetization is a good step taken by our government, but not implemented properly. I accept that many middle-class family and poor have to face a lot of problems. But we know that without pain nothing gain. So if we want to control corruption then we have to face some difficulties. In a short time, we can't change any anything. Our government is taking many steps to control corruption and demonetization is one of them.
(37)
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