IndiaBIX

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

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801 comments Page 71 of 81.
Surabhi mukherjee said:   8 years ago
According to my opinion, demonetization is bold steps towards corruption. We all know that there are certain loopholes in this steps still nothing can be best steps than this ban, to fight with corruption. Now, systems of our banks, market, economy and citizens are alert against corruption.
(16)
Jayakumar said:   8 years ago
Hi.

In our country, the ban of 500, 1000 is best decision by our P.M.Modi had more best ideas kept in his mind for our great future development India. In my view, it's a great work. It will be changed corrupted India to non-corrupted India. Last but not least great things happen suddenly.
Priyanka said:   8 years ago
Yes, Demonetization helps us up to some extent, but it is important to think the rich people used their servant for exchanging money because these people illiterate about demonetization so reach people easily used illiterate people. But in terms of terrorism it a great steps of our India.
(5)
Harshita.S said:   8 years ago
Banning of 500 and 1000 is an idea towards the growth of economic of a Developing India. It's just not of banning the currencies but also, it gives the awareness to all of us about Digital payment process.

And the digital payment option misleads to at least few percentile of corruption.
(17)
VIMAL SINGH said:   8 years ago
Demonetization may be one way to combat corruption but it's not the only and complete way to counter corruption. The biggest benefits from demonetization that I feel are flow of credit to banks, people's compulsion to link with banking system, elimination of flowing counterfeited notes.
(8)
Nikhil said:   8 years ago
It will reduce black money and fake currency from the market. The intention of banning 500 and 1000 denomination was to get hold of black money holders as well as tax evaders. Big earners left out of their black money in the form of foreign currency, Gold, and are hidden from taxes.
(12)
Abhishek said:   8 years ago
I think in most of the place many changes have been seen but people who have black money they again started collecting black money of new notes. And it will again happen that rich is going to be more rich and poor will going to be poorer. And the economy will get gradually decrease.
(13)
Sai said:   8 years ago
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.
(6)
Dev said:   8 years ago
In my aspect, the poor people is affected by taking this decision. Not arise any problem to middle people and high-class people. Our country is a developing country so many people are in below poverty line. First, satisfy the basic needs of the poor people and then implement this.
(4)
Anonymous said:   8 years ago
All the black money holders are either having multiple bank accounts or they have their own corporate banks. They have changed their currency in a huge amount by their personal banks. So, I think only a common man suffers for demonetization and corruption only changed its clothes.
(10)
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