Black Money in India

It's the people who are corrupt. Why they are so greedy that even on seating on the chairs of responsibilities. And getting dignity respect from a citizen of India. Still, they are running out of money through illegal way. It's not the Government which has to change its mindset of the people which has to change.

Was a nice expectations from the government point of view but it failed on the large basis and the timing was incorrect too. It shows the worst face of the economic failure of the current government. In the time when farmers if our country had no rains and had less money in the pocket because of draught in the country, our government had to increase the MSP of the country but instead of doing that they banned the 500 and 1000 notes and our economy apparently collapsed due to that and our GDP is no longer stays at the international forum.

Black money in India is a serious problem. Corruption occurs at all levels of government and organization structure in the country which affects our country's economy badly. A few years ago, Modi Government launched "Demonetization" that was a noble move to curb corruption but it did not make a meaningful impact and now we need better methods to reduce the use of black money in the country.

We have find ways that do not negatively impact the economy of our country. A beneficial move would be to transition into digital currency which is more traceable and safe too and also environmental friendly. It would not affect the country's economy instead do more good.

Other options could be to increase the satisfaction and incentives of all levels of workers because people usually tend to black money because of financial problems. If they are happier psychologically they would opt for less bad measures. Nabbing criminals like mafias and underworld dons can also reduce black money consumption as they are the major perpetrators of corruption.

To sum it up, if we gradually adopt digital currency and more meaningful changes and take small measures in our systems, the consumption of black money can vanish from the country.

Black money is basically the money which is unaccounted for and is kept illegally. There is a huge amount of black money which is present in India, which causes a lot of issues.

Black money is a serious problem. Because all the corruption occurs for this black money. Corruption in example unpaid tax, price products increased.

Black money is one of the major problem of any nation.

The money earned through by not paying taxes is termed as black money. The black money effects the growth any nation. The Abolishing of black money is responsible of every citizen by paying taxes on time. Black money not only corrupt nation but also increases sources for other illegal activities in nation.

Black money is one of the major issue which is going without a problem. As earlier everyone spoke about it we as an individual must take a step forward for ending this everlasting problem. I could like to finish my discussion by highlighting a sentence "GOVERNMENT DOES NOT CORRUPT PEOPLE, ITS PEOPLE THAT CORRUPTS GOVERNMENT".

Black money is a serious problem with us it was the money of unpaid taxes that corrupted all the roots of the country slowly which resultant a very big drop-down in the economy.

Some of the politicians are having black money in India. These activities are illegal and because of this India is not a republic but this country can be a republic but some of the politicians are hiding the black money which is money to develop India. Those politicians are not good so now India is not a republic country.

Hello everyone.

According to my ideology is to concerned,

Black money means to earn money in an illegal way that is black money.

In our country what is happening, the people from rich background they think we are the best nobody is above then them, in order to control this curb we must take a step towards this, we have to make everyone aware about this, example, educated person, illiterate person, and especially students because they are Nation builders.