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

Hii,

In my opinion, the ban of the 500 and 1000 good for the nation. Because India has a lot of block money in swiss. By this black money, the development speed of India reduces. By the ban of 500 and 1000, we might stop some block money and take back to the country.

Hello, everyone!

The ratio of demonetisation in good taste is very lower than bad impact the main purpose of this ban 500 and 1000 notes is to remove black money from the our nation and after demonetised the total pr of removing black money from our country is less than 20 to 30 percent and 70 percent black money holder has safe the poor or middle-class people were in trouble the political parties and political leaders were safe no one have been exposed why we still haven't any answer of this question?

Hi everyone,

On 8th november 2016 the decision taking by the pm of demonitize the old 500 and 1000 notes helps in eradicating the menac of corruption and black money to high level in nightmare only. Becoz firstly it is not taking the by keeping in the mind what it will leads to counsicounses to the poors who buy all the daily stuff and poor people. Secondly in India almost 2% of the rich people and builders holding 90% of the country income and no one is seen standing in the question of bank. Thirdly introduction of the 2000 note instead of 1000, will it reduce corruption? Before a suitcase carry 20 lacs now the same suit case carry 2 crore now you tell me corruption is going to increase or reduced. And one more thing it's been 9 month had passed what is the ground report of demonitization. How much amount of gdp has liftedup or how much black money came back to RBI. Government failed to tell. They are saying counting is still in process.

Hi everyone,

According to me, the decision taken by our government is somehow beneficial in eradicating corruption to some extent. Not entire, but some of the black money is retrieved and the corrupt people had to suffer a lot during that phase of demonetization. But the negative side of the demonetization was that middle class and lower class people suffered a lot as it was an inconvenience for them to stand in the queue and exchange the money from the bank. People took the leave or manage their timings from their job in order to exchange money.

Being in a country where corruption always rules the nation. Demonization doesn't have any effect on corruption. The most affected are middle class and people under below poverty line. We Indians majorly have liquid cash at home. If I save a 1000rs note can't I save a 2000rs note which has bigger and better value in the market. Corruption was just changing its clothes.

I think now it is a time to discuss not ban in our country. It was a very difficult decision to make and it is also a brave decision. But not implemented correctly because we didn't got those results which we want from this decision. There are so many people which are affected by this decision but they don't get any benefit from the goverment.

A decision of demonization is the risky move by this current government. Yes, it admirable. As after demonetization news of old currency notes were found in the garbage. This shows that something black activity is there. Move out black money such step is necessary. Also, government working on getting information of black money holder from various banks across the world. Corruption will uproot need some time wait and watch.

Hello.

I think the most caused to ban 500 and 1000 notes are terrorism and black money. We have known that the fake note is produced more by terrorism campaign. On banned 500&1000 notes the poor person are facing more difficulty because they live in a village where less banks are situated and the rich man exchanges the notes by bankers to give some money, to add a different bank account. I don't know what economy has raised but my country had very struggle due to demonetization time. In time many people are die in stands in a bank line.

I will favor on this topic because our PM should promise after changing the full 500-1000 note the corruption and black money should be open. And all the black money government should be used to improve public expenditure. Now we will only wait for government promises or what the government should take a action of our words.

In our country according to me what our ministers are are supposed to do is concentrate on the problems at hand like poverty, education, water, shelter, electricity.

By demonetizing currency it did not made any good to the people of India as most of them are middle class people who suffered a lot of pain through the time and also the poor class since they are not affected by the decision. I think they should make a point amongest the people by showing results.

We all know the results of demonetization it did nothing significant.