Ban 500, 1000 notes - Corruption Uprooted or just changing clothes!
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
801 comments Page 55 of 81.
Mohit grover said:
9 years ago
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.
(8)
Jayant said:
8 years ago
Hello everyone,
Ban of 500 and 1000 notes in a market is a very brave move taken by RBI and GOI in 121million populated country. In this lots of up and down happens. But there are lots positive things happens due to demonetized huge amount of black money is get a tackle in this process. Lots of crime gets reduced which are works on direct cash process. Due to this, all payments can be made digitally which reduced corruption.
Ban of 500 and 1000 notes in a market is a very brave move taken by RBI and GOI in 121million populated country. In this lots of up and down happens. But there are lots positive things happens due to demonetized huge amount of black money is get a tackle in this process. Lots of crime gets reduced which are works on direct cash process. Due to this, all payments can be made digitally which reduced corruption.
(3)
Prashant Rajput said:
8 years ago
Hello friends, from my point of view, it was the good initiative taken by the Indian government.
Due to the ban of 500, 1000 notes some of the illegal activities like corruption, duplicity in the currency, storage of black money, and tax returns has been captured.
I agree with that, it was difficult to manage for the common peoples and especially the villagers who don't have that many facilities at their door step.
Thanks.
Due to the ban of 500, 1000 notes some of the illegal activities like corruption, duplicity in the currency, storage of black money, and tax returns has been captured.
I agree with that, it was difficult to manage for the common peoples and especially the villagers who don't have that many facilities at their door step.
Thanks.
(17)
Cijo V. Daniel said:
8 years ago
According to me,
Demonetisation is mostly affected by the middle-class people in the country. I can't see any wealthy people in the country were in the large Queue's infront of the bank. It is the worst policy by the central government.
Only beneficial of demonetization is one of the richest people in the country. It's not just for reducing corruption and black money but for wealthy some of the co-operatives in the country.
Demonetisation is mostly affected by the middle-class people in the country. I can't see any wealthy people in the country were in the large Queue's infront of the bank. It is the worst policy by the central government.
Only beneficial of demonetization is one of the richest people in the country. It's not just for reducing corruption and black money but for wealthy some of the co-operatives in the country.
(14)
Azad said:
9 years ago
According to me, our ruling government takes a daring decision to ban on high domination of our 500 and 1000. We should welcome it open hand and support it. Because it helps to curb the black money. One thing is also good for our country due to demonetization the accumulated black money come out from terrorist group. Due demonetization to terrorist group faced financial problem because they have fake currency of our country.
(13)
A. M. Raja said:
8 years ago
It was one of the bold decision taken by the government. As the new printed 2000 notes directly reached to politicians, it is shown that not fully focused to root out the corruption from India.
Before implementation of any rare decision, precaution steps must be taken. Improper implementation killed around 100 poor people.
This type step will never vanish the corruption from some government employees and politicians mind.
Before implementation of any rare decision, precaution steps must be taken. Improper implementation killed around 100 poor people.
This type step will never vanish the corruption from some government employees and politicians mind.
(7)
Prashant said:
8 years ago
A decision of demonization is the risky move by this current government. Yes, it admirable. As after demonetization news of old currency notes were found in the garbage. This shows that something black activity is there. Move out black money such step is necessary. Also, government working on getting information of black money holder from various banks across the world. Corruption will uproot need some time wait and watch.
(3)
Kia said:
9 years ago
Without proper implementation, banning 500, 1000 notes did more harm than good as commoners suffered very badly. It is true that demonitization helps to check corruption but corruption can be checked by strict vigilance and other such measures too. Why should honest ones suffer just because our vigilance teams have failed to disperse their duties? Several people have lost their lives in due course. GDP growth has declined.
(4)
Smruti said:
8 years ago
By this banning, it's 50-50 situation. As much as it helped the government to stop corruption but it created a great problem for normal people during d money change. Also nowadays we are facing difficulties during payment in shops n all. It difficult to get the change of 2000rs. What about poor fellow. They only had a 2000rs note and he wants a small thing of just rupees 10, 20 and they went to a small shop in the village.
(1)
Ananya said:
3 years ago
As we all know that in 2016 India face the demonstration were the 500 and 1000 note value got zero the main reason is that India want to control over the corruption but the results were different as the black money transfer into white as the people find the different ways durring that time.
People start shifting there money into there all family member or even in there servant account so it's just like a changing clothes.
People start shifting there money into there all family member or even in there servant account so it's just like a changing clothes.
(8)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers