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

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801 comments Page 57 of 81.

Vibhor arora said:   9 years ago
From my point of view, I think demonetization of high currency notes is a very good step taken towards the goal to end corruption, But we need to know that corruption is not happening just from black money although black money or evading tax is one of the major cause but other factors by which corruption happens needs to be taken care of. I believe its just a first step more will come in future in this regard.
(5)

Ankush said:   9 years ago
I think, all of you well know after demonetization intelligence cops caught corrupted people with new notes of 500 & 2000. So corruption is not fully desist. But somewhere for sometime, it reduces corruption. Note banning, It's like a resistance for corruption. And it's not just a changing a cloth it makes a very big effect on Indian economy after a long period and it also stops counterfeit printing notes.
(4)

Prateek garg said:   8 years ago
According to me, banning 500, 1000 notes & introducing 2000/- note has increased corruption. Now, smaller bundle is required to give same amount of money. Besides this, Corruption at small level is also increased. People who were earlier satisfied with 500 or 1000/- note will now demand 2000/- note. Second thing people have more money in terms of assets as compared to liquid money. So nothing will change.
(2)

Hema latha said:   7 years ago
Ban 500, 1000 notes are a sudden decision taken by central government. By this, middle class people suffer a lot by standing on roads for changing their money. But, this is not a correct way to stop corruption. In my view, black money holders change their money in other roots. So they don't suffer in any way, but common people suffer a lot. This process is only changing a new clothes instead of old clothes.
(10)

Prashant Ghodeswar said:   8 years ago
Hi friends, I am Prashant, and my opinion is that yes it is necessary to make some changes in an economic system. But before taking any serious action the government should sure that the medium class people will not get affected a lot. Because in an Indian economy the medium class people plays a very imp role. So, firstly make fully aware of them and then implement on that. Then it will be more efficient.
(10)

Lechmi said:   8 years ago
The banning of 500 and 1000 denomination note was aimed at a social evil that is dragging our country's economic growth- the corruption. But it adversely affected the society because of its improper implementation. The common people and the entire economy struggled a lot after demonitsation. The post demonitsation period lagged behind the expected growth. For what it was done just happened the opposite.
(26)

Sushant Suryawanshi said:   9 years ago
This is one of the bold decision taken by the Indian government. According to me using this decision fake notes get nullified, black money holders has no chance to recover from this decision. According to the World bank India has largest black money listed country. So this decision took the nation towards the new beginning. Also funding to the terrorism is decreases. So we have to Welcome this decision.
(11)

B.logendhiran said:   8 years ago
According to me, I believe that banning the 500, 1000 notes is a stupid idea. Because our black money was stored in Swiss bank. The Indian government should take those amount under control and punished the investor of black money in the Swiss bank.

Changing the notes cannot be reduced corruption. It was the psychology of Indian people, they should change their mind and should opposite the corruption.
(17)

Chirag said:   8 years ago
Ban of 500, 1000 notes is a proper vision seen by the government of India but around 125 crore population of India they have to think some basic parameter like the proper guidance of digital devices, ATMs, a proper employee in banks etc.

The Vision was very effective as to remove black money from the market and duplicating notes as well but still, 2000 notes also caught in many banks as a duplicate.
(6)

Mohan mallidi said:   8 years ago
Greetings to all,

Ban of 500 and 1000 rupee notes is a good decision taken by the government to eradicate the corruption but the process was not done properly so many people got disturbed during the span of two months, but later on, the change started in the society in means of corruption and economy. But a ban of notes will not make India a corruption free but the people should change the mindsets.
(2)


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