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

Hello reader,

In my opinion banning 500 and 1000 rupee notes is a big and bold step taken by our Prime Minister. Not Every Prime Minister could have done that if he was at same position as Modi ji was after Surgical operation decision which makes everyone of us proud. So we should not discourage by it. We all talk about the suffering which common man has to face after demonetization but we should remember the fear it has created among the Black Money holders. Yes it could have done in better away but don't you think that if it wasn't announced like that it would have the left the gate open for these looters.

Friends in my opinion it would be a big success if it was well planned and well executed. Also follow on actions should be taken by the government to bring out the fruit of the demonization. Unfortunately the government failed to do so, there was less following actions to prevent fraudsters from converting their money to white. Also 4 people has to suffer a lot in converting their small savings. Big place also seem to be using this small income groups to convert their money to White and giving them a small tip. So my dear friends in my opinion it was a milestone step by the government but failed to reap its fruit.

I would like illustrating by comparing it example, when continuous conflict is between couple of people it is better to stop the discussion, and analyse what is the reason from starting point,

Similarly Indian govt has taken demonetisation to prevent further corruption, start to get new currencies, and take effective steps.

Hi.

In my point of view, bann of notes created numerous problems to the general public.

In my point of view, it is helpful to everyone because in this way, the whole black money in the India came out. I think it was a good decision.

The process of banning notes was quick but reduction in corruption is slow process and it'll take some time but it is uprooting because government didn't only banned notes of 500-1000 but also they've also started to linking of adhaar everywhere and digitalization so together all these effort will surely eliminate corruption.

The step was taken by our prime minister for decimate the corruption was good but not even more. The way of implement Demonetization was not proper because it torched to middle and lower class family's they bear this unwantedly. The corruption is still rife and rich become more rich so Nothing is changed by banning this 500-1000 notes. It's just like changing clothes.

Hai Friends.

Am Mannai Sathik.

In my point of view, the ban of 500, 1000 notes partially uprooted the corruption. According to the government, 99% plus demonetize is back to the bank. That simply not possible without the accepting money of big businessman the plan of demonetization is already known by the people who had black money. So the plan is unsuccessful for example. A businessman contains 133 crores 2000 notes in his house.

Hello friends,

I would say that it was a bold move by the government as nothing much had been done to date or maybe many of us were not aware of this as well. Even though it was a nice step taken but it could not eradicate corruption, thanks to the fact that corruption is now very deeply rooted in the system. People are thinking just of their own advantage. Many people took a hefty amount as a bribe for turning the black money of the corrupt people into white money, especially the bank employees. We must support the government else there will be no more such attempts to strike down corruption.

I believe that demonetization was a good move which was badly implemented. It came as a surprise for the citizens and in initial days it really created the image that the black money would be brought back. The current situation gives this projection as well, as almost 97% of the money has come back as well.

But if the government aggressively cracks down on the people's bank accounts which got large amount of money deposited, there is a fair chance that people with black money can be caught.

Also, there were loopholes in the implementation which led to people getting their money converted to white money. People bought money using that cash, got it deposited in their relatives/servants account for some commission and later withdrew it.

But its still not late and correct approach can help bring the corrupt people to justice.