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

Demonization in my view is the Great move by the Modi government because for a country like India which is in its developing phase. Corruption plays a role of a bottleneck in it so by banning large currency notes of 500 and 1000.

It's a great effort by the government to slow down parallel economy, Balck money misuse for terror funding and corruption though doing this will help gov to make India free of Balck money completely it requires more efforts like this and I hope that day is not very far when India will compete developed countries because of such great move which is short term is pain but in long term is beneficial.

Simply done by our prime minister Modi it's did not work what there are decide the plans. It did not work and only affected by poor and middle-class people. Richest people was face easily without going back also make easily change the whole currency by sitting home only successful. Please think once taking good steps.

Ban on the denominations has not only eliminated the black money stored in the form of these notes but also created a fear in the minds of those corrupt people that their hard work is not safe even if it is hidden in their houses instead they are now forced mentally to contribute and understand the tax system so as to be able to earn in a rightful manner, without feeling guilty.

Ban 500, 1000 notes uprooted the corruption because Modi takes a strict action for removed the black money from the market. After 500 and 1000 Rs. Notes get banned 2000 notes comes which contain a chip. And we can track if notes are being collected at 1 place for more than sufficient days. So that the corruption gets reduced.

Hello, everyone.

This is very good decision to prevent the corruption. But there should not have been a 2000 note. Because of this more money is can storage in a minimum note. If we have a corruption free India then go through cashless and for going to cashless then minimum amount of note used in currency.

No any type of chip in the 2000 note this is the only rumor.

HI my friends.

Ban of 500-1000 rupees is correct for the society.

But some people will suffer in this time and now will suffering.

But time is running and the value of money is growing.

Everything will also change why not currency change.

If currency change the Government receives some Tax which is benefited for us.

In my point of view, it is correct.

Hey.

According to my views PM Modi take a very powerfull step for our country but ban 500, 1000 note is not the proper solution of uprooted corruption because the black money holder people have adjusted their money anywhere and they again started to grow their money. Ban 500, 1000 notes effected a middle class person because their business is almost close for almost 2 months because their was no money in market. We all have heared news that some people left their black money on the road but I heared latest news that the money deposited in reserve bank is almost equal to new printed note that were withdraw by people but now the qns is where is the black money. According to me, this step was good but always a middle class families effected by these steps.

Hello, everyone.

According to me, demonetization is not complete solution of corruption in India. Because there are my types of problem in India. Since maximum black money of the country is in the pocket of leaders and they are not much affected by demonetization. They are able to convert their black money to white easily.

But this is a good decision of government because due to this most of the people who do not want to show their money to the government, they show. And now they continuously pay their tax.

Many leaders have also taught a lesson that it is bad to hide money to the government because during demonetization they waste their money also is useless work. So this is a lesson to them.

Demonetization is very necessary for each country due to this a more benefit is that fake currency is removed from the market for few years.

And there will a fear in every mind for the demonetization due to which they make their property transparent to the government.

So this is not a complete solution for demonetization but it is also very necessary to remove corruption from any country.

Thanks.

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.

Hi. Good morning.

I think demonstration is good topic. Ban 500 1000 is good for reducing black money I think so. But after realising the it not worth less for country. Because it didn't change anything. It was main disappointed of myself. Poor people affected mainly in demonstration because they are changing own money for very long time. Some rich people change money in online transaction. Poor people not awareness about it. It was over rooted for black money. In most people spend time in bank and atm. It was disappointed me on.