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

According to me, demonetization is a great step taken by the government of India, but it without a proper planning because of this middle class and poor people suffer a lot because of this people take a leave from their job and stand a large queue in bank standing in queue it does not mean you get the money because they not providing the money on daily basis neither they put in ATM and after that their also a some corrupt employee in bank who don't want to reach money incorrect hand, poor people suffer a lot because their earning depend on the daily basis and they also not know how to use online transitions, corrupt people also find a way most of them invested their money in land and gold for me demonetization is just like changing cloth.

Hello friends,

I think, to remove corruption we should start it from us, just like if you caught by traffic police then what is the first thing came to our mind is corruption, and we have no problem at that time, so remove this all types of habits, system will change automatically we are common people and we are ruler, just support anyone when he/she stands for truth provide him/her power for the victory of, common man. And as concerned to currency I didn't think it works in a right direction,

Banning 500, 1000 notes are a good idea but rich people now their way how to exchange their money. But there are poor people suppose if they exchange 1 lakhs rupees the government will ask there explanation.

So here poor people will become poorer. But the idea is good.

Thank you.

It is totally useless to ban 500, 1000 notes. Indian economic strategy is slightly different. According to the government, the black money will be uprooted if we ban the said notes, but in reality is like a joke. I said 'joke' because there are 5-6% black money in cash in India. So it is quietly impossible to uproot the black money. However, Modi government took the decision. In my point of view, it (ban of notes) is helping to propagate black money in the market again. Why 'helping'? If you see the problem closely you will find that there is no problem with the black money or black money holders. Then why government take a decision like that? Some issues have no particular issue. This 'Ban' is that kind of issue.

In addition, I hope the businessman (like Ambani, Tata etc) have a lot of black money but in this demonetization, they cross the road perfectly. We have seen in the news channels and many other places that common peoples are trying to change their money in the bank and post offices but we never saw a businessman is changing his money. So how can we say that they were affected?

Whole the ban case is just like clothing change to me.

Hi friends, the ban of 500 and 1k notes doesn't make any difference or doesn't reduce any corruption in India. But somewhere for the current period it has given a shock to the black market but Indian government need to continue the work to pressure on the black market, the ban of 500 & 1k notes made just news but the impact is low.

Hello everyone.

Demonization was the biggest and bold decision taken by our honourable prime minister which was in against of black money and corruption. As it is said that clapping is not possible with one hand so it is required to be responsible every person for what they are doing. This big step failed somehow at that time when bankers betrayed and convert all the old currency in newer one and they concerned chiefly. Banning old currencies was only way to took out which were stored forever as a black money. All the fake currency production market get hitted at that time. So I think we should come with responsibility and honesty to succeed these steps taken to improve our life and future.

As per my view, demonetization is one step of gov. To reduce the corruption from the nation although it is not implement properly still due to which we get lots of changes in our nation like lots of black money holders came out.

India going towards digitalization around 67 to 100 crore people and many fake companies get captured increase in the amount of taxpayer as well as fake currency also get in lots of amounts. As we can see these all advantages in front of it some disadvantage like people has to stand in a queue. And all are negligible.

According to me,

The motive of introduction of 500 and 1000 rps note may be to abolish the corruption.

But in practice it was just changing clothes. Because even huge amount of black money can be corrupted with in a short area using 2000 rps note. Which encourages the culprits to further move on with their illegal activity.

Banning 500, 1000 rupees notes are not at all the solution to curroption. Much has to be done. It has caused trouble to citezens. 2000 rs notes are still available. Also one who is corrupt will definately find a way to continue practicing corruption.

Hello good evening. In my opinion, the ban of 500 and 1000 notes is really a big mistake. The demonetization affected our whole Indian market and we didn't recover from if after a long time. The whole financial problem that we face is a after affect of the demonetization. People waited a lot in front of ATM that is the main achievement of the demonetization. Yes, there is lot of corruptions and black money in our country but their proportion is very low. Not all the people are engaged in corruption. For destroying low amount of corruption don't need to disturb all other people of our country. Thank you.