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

Hello all,

With this ban of old 500, 1000 and approval of new 500, 2000 notes both have some pros and some cons.

Let's first talk about pros.

1. New note of 500 and 2000 are small in size so you can keep more notes in your wallet than you keep previously.

2. New 2000 rs note have nano GPS chip.

3. More security features.

Cons:

1. New notes are small in size so corrupt peoples can store huge amount easily.

This demonetization did not give full stop of Corruption.

1) But the some of the Black-money goes into the trash.

2) Corrupt people somehow aware.

3) Make helps to the digital India by using e-wallet (Pay-tm, BHIM, etc).

4) End of the fake notes of (500) in market.

I think this is the first step against corruption.

Hello, everyone.

In my point of view, banning of 500, 1000 rupees is just changing clothes because it does not bring any major change in the society. Currency notes has been banned in order to uproot corruption in our country but actual scenario is rich gets even more richer and poor gets even more poor. This had made a drastic impact and affects mainly normal people of the country. Though banning is to uproot the black money holders but here normal people strives to lead their daily life.

It is to be noted that corruption is not done only through money. But also by assets so here demonetisation doesn't work well.

Thank you.

HELLO FREINDS,

This is a big decision by the government to ban 500 and 1000 notes. I think little bit corruption will be uprooted. Many agencies have the machine to print the duplicate note and most probably in Pakistan. Therefore in Jammu & Kashmir there is always riots. So the ban of notes the duplicate notes not be published.

This is good for India to fight with the terrorist, to fight with corruption. Also, the Government is trying to connecting with digital payment. Therefore there is no need to traveling with a huge amount of cash. If all the people do the transaction with digital then income tax department will also know the process of debit and credit of money and they have right to ask the people for which purpose they are giving the money.

If this thing will happen then it takes some time but corruption will be stopped.

Thankyou.

Hello everyone.

In my point of view, banning of 500, 1000 rupees is just changing clothes because it doesn't bring any major change in the society. Currency notes have been banned in order to uproot corruption in our country but actual scenario is rich gets even more richer and poor gets even poorer. This had made a drastic impact and affects mainly normal people of the country. Though banning is to uproot the black money holders but here normal people strives to lead their daily life.

It is to be noted that corruption is not done only through money. But also by assets so here demonetisation doesn't work well.

Thank you.

I think the ban of 500 & 1000 notes is good up to a level. It will definitely reduce the corruption in India. The important point to observe that most of the black money is in the form of property like real-estate, gold etc. By this action the properties will not be effected. So, some more things to be done to eliminate corruption.

In my view, banning 500 and 1000 notes is not a good step because of this poorer and middle-class families suffered a lot and hundreds of death's caused and no one has taken the responsibilities of the families who lost their life in exchanging new notes!

Instead, govt should have kept an eye on sources of income, properties, cars, bungalows of Richie rich people like the billionaire, millionaire, MP's, MLA'S, GOVT OFFICIALS, PUBLIC SERVANTS and should have questioned them how they are able to get all these. As these facilities are beyond their income and should have distributed to the needy people!

In my point of view, it's a very good decision taken by our prime minister Modi Ji that all 500 and 1000 rs are banned. It's a good initiative against black money holders and corruption but the only one thing is missed by Modi Ji that he immediately got an idea of demonetization and then immediately announced that all 500 and 1000rs note are banned without thinking about that so many good people or Normal people have to face so many problems because of this decision but I think that's fine, India is our country not only P. M country so why only he suffered or he think for betterment of our country it's also our responsibility and if by facing some problems for a few time we get a better life for a life long time so it's not a bad decision to face few problems :-).

Hi all my dear friends,

As per My point View, our prime minister sir took good decision to overcome the block money, terrorism due to this Nov8 after all middle-class people sleep well like every day But the richest people who had a lot of block money they did not sleep well after demonitization, I thought all well know about the corruptionist leaders are change their money through Bank manager supports, so here Bank manager are corrupted. So developing the country Not possible by One person, It will depend on the all people who are living in this country. Modiji sir decision is so good but bank managers supports to corrupted persons the scheme did not work well. As Other Side The Middle-Class People Face A lot Of Problems to change their money and getting their wages.

Hi.

According to me, Banning of 500 and 1000 rs notes is good decision and one of the biggest step taken against corruption and black money taken in Indian history by our prime minister Modi ji. He also succeeded in it, many people have been arrested for hiding black money by the income tax department. Banning 500 and 1000 rs notes was just a first step of the whole process of stopping corruption. The corruption is not uprooted until the black money in terms of property, gold etc. Of course normal people will have to face the problem due to this. But if we normal people support the measures taken by the government by thinking that it would be better for us only the corruption can be completely uprooted from the country.