Demonetisation has reduced the Corruption, Black Money and Terrorism?

Hello everyone.

We have the most hit topic to discuss here that is 'Demonetisation has reduced the corruption, black money and terrorism.

Demonetisation is a restriction of circulation of money and currency.

Demonetisation was implemented in 2017 by gov in which rs 500 and 1000 note was banned returned to go and that was replaced by 2000 note.

Real facts:
1. It was expected by gov that only 70% of the money will be returned to gov but approx 99 % of the money was deposited to gov. It proves that either there was no black money or somehow black money converted to white money.
2. It was expected that terror attack funding will be stopped after demonetization. But after demonetization also terror attack happened.
3. RBI which supervise the financial sector of India did not agree with demonetization decision.
4. It was expected that tax payment rate will increase,

But as per past data by economist tax payment rate is increasing yearly.

Disadvantages of demonetisation:

1. GDP growth was decreased by 2.2%.
2. Unemployment rate increased, many small and medium scale company shut down their business.
3. Terrorist funding was not stopped.
4. Some money spent on new cash printing.

In my opinion, it doesn't seem demonetization has reduced corruption, black money, terrorism by the survey.

Due to Demonetization, some people tend towards digital payment that is a positive impact. It took more time to replenish losses occurred due to demonetization.

For the financial reform, we must have to take advise from the respective financial sector that is RBI or from the economist.

Hello everyone.

My name is jagbeer singh bisht.

Today, I am very glad to talk about demonetisation and basically its pros and cons.

According to me, demonetisation was a very great step taken by the honourable Modi government to reduce corruption. By taking this step government got a huge amount of black money and many corrupted people as well who are slowly - slowly eating India like a termite. Politicians who are providing fundings to terrorists support Pakistan also got busted and because of that terrorists couldn't able to get funds and in this way this campaign become successful.

But this campaign wasn't gone too easy as it sounds. It was a very unique and unpredictable step for the citizens of India. We Indians never thought that the Indian government could ever do demonetisation. Actually, we were not ready for it and also because of government's improper planning we Indians faced so many problems or difficulties in living our normal life and I don't think so that I have to talk about the problems we Indians faced in the demonetisation period here.

So, in the end, I want to say that demonetisation was a very big decision which gave us many problems but only at the initial period of demonetisation but after some time it's proven as a very good step and leads our nation a many steps ahead towards "An INDIA FREE FROM CORRUPTION AND TERRORISM".

Thank you.

Hello everyone.

In my point of view, demonization was a good step of our government. Because this was the need of time. Many fraud people were cheating in income tax they were escaping their money from taxes. And by the demonetization, all their black money is found. And many terrorism activities are stopped by this step.

Hello everyone good morning.

Today we're here to discuss about demonetisation.

Has it reduced the corruption of black money and terrorism?

Government has taken a big initiative to get back black money and stop corruption.

Demonetisation has given big trouble to the general people and affected them badly in order to get new currency notes. People have to stand in a long queue for hours to deposit and withdraw money. The most problem faced by those who don't have bank accounts it was very difficult for them to get new currency notes. The family which has a marriage ceremony were facing problems to buy the things.

And those who used have lots of money in the form of Black money they get their black money changed into white money by themself and by their own people.


Thanks.

Good morning everyone. My name is Rohit Lohar. Today Our discussion topic is, whether demonetisation has reduced the corruption, black money and terrorism or not.

So if we talk about demonetisation, it is only the way to reduce corruption, black money and terrorism but not completely. It has great effect on them but has not completely eradicated them from our country because people are also responsible for them. After demonetisation our country got some relief from them but they are still remains in our country. As we see demonetisation affected rural areas badly. In demonetisation only rustic people struggle. In my point of view, demonetisation has reduced little bit corruption, has recovered black money, and terrorism.

Thank you.

Hello, friends, I am Siddharth Bhardwaj and today I am going to discuss the demonetisation. The decision of demonetising 500 and 1000 rupees notes was taken by our honourable prime minister Shri Narendra Modi on 8th November 2016. Demonetising is a very bold step to control black money, forge money and terrorism.

Advantages
1. control on black money
2. control on forge notes of 500-1000
3. control on terrorism and Naxalites
4. Increase in taxes in our country
5. increase of digital payment in India.

Disadvantages
1. shortage of money in people to fulfil their basic needs.

Hello everyone, I am Rahul Yadav,

Now I am going to tell something about DEMONETIZATION. According to me, demonetization is a good campaign by the Indian government because it is an antiseptic for black money. Black is like a Cancer for any country. By this demonetization, corruption is reduced and more decrease than before demonetization. Thanks.

Good morning friends.

This is Saurav.

Now, I would like to tell you about the topic Which is related to demonetisation.

Demonetisation is a very good decision which is taken by our honourable prime minister Mr. Narendra Modiji on 8 November 2016. It is a predominant decision to reduce corruption, black money and terrorism. In my point of view, It is blessed for our country. But many politicians are supported for the corruption, black money and terrorism that is not well to the country. Even though a lot of people are suffocated from this sudden decision but venals are more hearted.

Good morning friends.

This is Saurav.

Guys, It is a very predominant decision which is taken by our honourable prime minister Mr Narendra Modiji on 8 November 2016. Demonetisation has reduced corruption, black money and Terrorism. It is mostly heart for venal. So, It is very fruitful for our country.

Demonetisation is very bold desition that is taken by our honourable prime minister Mr Modi on 8 number 2016 to curtail terrorism activity estate industry blake money and to irradicate corruption but it is not fruitful desition that except there are many problems suffer from the poor like to stand in a queue after it a no of attack by terrorist on the army so that is not a curtal terrorist activity that is my point of view thank you.