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

In my opinion, I find it to be the changing of clothes and switching to much better ones. What I mean by that is, it was a step taken by the Government to increase in the corruption. According to an authentic source, the amount of money (notes) in circulation is much more as of now than that before demonetization. I personally don't believe in a Democratic form of Government There are many reasons for this belief which has rational grounds and reasoning attached. When you believe that this universe has a Creator, then you should ascertain and implement the guidelines given by Him to rule the world for it to be a better place.

Hi friends.

Ban on 500 and 1000 rupee not is very courageous decision in recent years. It's aim to get India corruption free in financial means. Banks played an important role to perform that cumbersome task and it also perform well even in very inverse situations they perform their duties with full dedication and integrity. But the other government debt related to this decision doesn't do well like income tax debt we are expecting that they can verify the account holder who deposited much cash during demonetisation. Unless that all debt does not perform their duties how it is possible to make demonetisation successful up to some extent they only change their money. Govt can also instruct their concern dept to do their duties in their time frame almost 2 years going to happen no any outcome are there so very little corruption is uprooted I hope government may do some extraordinarily work to make demonetisation successful.

We see that demonetization occur it affect our life lot of difficulties has been faced by us but the positive impact is that people who take advantage of tax evasion it become therefore serious challenges for that people now they all describe of all sources of money.

Some people have caught red handed but still, there are many who transformed their black money to different forms such as properties (house, plot, farms) , shares, gold, petrol, automobiles. Some illegally exchanged notes in banks by taking help of bank employees. Some people have given poor people their money for few days and will later take their money back from them so that they don't have to give an explanation to the government. Still, many people had a huge amount of money so they had thrown it in dump pits, lakes, rivers etc. So, corruption is not uprooted, it has just changed its clothes.

The problem of corruption is not that simple to be curbed by merely scraping high denomination notes. But yes it address a chunk of corruption that result from easy transaction of large amount of sum. Government must have multidimensional. Measures planned both concerning finanacial and pshycological sentiment of people.

By this banning, it's 50-50 situation. As much as it helped the government to stop corruption but it created a great problem for normal people during d money change. Also nowadays we are facing difficulties during payment in shops n all. It difficult to get the change of 2000rs. What about poor fellow. They only had a 2000rs note and he wants a small thing of just rupees 10, 20 and they went to a small shop in the village.

Demonetization was a very nice plan but it's execution was really poor.

Due to the poor execution the middle class family were badly affected. People had no money to buy commodities or to even pay their hospital bills.

Though the idea of demonetization was to uproot corruption due to the poor execution I would say it turned out to be just a change of clothes. Black money and corruption was like water dripping from a tap into a bucket. Demonetization aimed to stop the water from dripping but was able to replace the bucket. So I believe that the black money will continue to affect the growth of the Indian economy.

Demonetization is better some peoples. Some peoples are suffered. Due to demonetization, we can avoid the to give funds for terrors.

But so sad about who are not having the bank account. Because money demand will increase by banning of 500 & 1000 RS.

For a time after demonetisation, bribes were stalled as people taking bribes didn't know how to safeguard that income. So, many activities that require govt authorities to take steps came to standstill. As cash flow increased, these pending work has started to move, but values of bribes taken have increased exponentially, as people are suffering for many months due to lack of govt authorities' most basic activities. They simply refuse to do things without heftier bribe.

Hi everyone, In my opinion, banning 500, 1000notes is encouraging sound party people as they can keep huge money with them in the form of 2000 notes. Bpl people they suffer a lot and one more rule has been implemented if anybody writes on currency with pen no one is accepting it first off all please make the people aware of such information and then implement such rules.