Demonetisation has reduced the Corruption, Black Money and Terrorism?

Good evening everyone.

First of all, we should discuss what is demonetisation?

Demonetisation is a process in which the money running the market is removed and replaced by the new currency.

IN India on 8nov 2016 prime minister Narendra Modi announced demonetisation keep in mind that it will reduce black money corruption terrisiom.

Demonetisation is not easy for the public.

It increases the unemployment rate.

People have not sufficient.

People stand in with queue of the bank for exchanging money.

It is the marriage season in India so people do have not sufficient so they face a lot of problems.

Hello, I am glad to attend the group discussion program about black money and terrorism prevented by the demonetisation of money.

Its a good initiative of government that was fastly circulated the money. Ant prevents the saving of taxable money. For this flow of money take place.

Many noble causes behind it but it was not fully successful. Behind the reason.

1. Not a proper plan of government.
2. Lack of support of RBI.
3. Less support of common people.
4. Delay of working steps.
5. The flow of atm money not prevented.

That why the plan to break the terrorism is not so successful.

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.

Demonetisation was the good step taken by the honourable prime minister Narendra Modi in order to reduce the black money. This is the third time demonetisation happened in India. But the implementation was not good, as a lot of common peoples faced problems instead of corrupted peoples. This was a very tough period through which many common peoples had gone through. No doubt it reduces the corruption and black money which was very necessary for our nation to make it developed.

So according to me, every decision should be taken with proper arrangement and implementation.

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.

Good morning sir/mam, Thnaks for providing me this opportunity to talk on this topic.

Definitely Demonetisation has reduced that trio. But we don't say that the chnage happens 100% in our country. Currency is not only reason for the Corruption, Black Money and Terrorism. Polytics is also matters in these big situation. How the polytical leaders are represents your country also matters in corruption. Demonetisation is step towards the reducing corruption. And because of that change happens but that results will be given after some time. It can't give you instant results.

Hi friends.

Today our topic is about demonetisation. It was announced in 2016 by our prime minister narendra modi. It is mainly introduced to reduce the black money. Many politicians have a lot of black money. By this scheme lot of amount of black money has recovered. But middle class and poor families have suffered to exchange their notes. In banks there was a big que moreover they had to stay a lot of time in que. By this scheme corruption has reduced to some extent. Because politicians are scared to keep money with them. But it did not reduce the terrorism.

According to my view, demonetisation was started with good vision for curbing black money, reducing terrorism and increasing the digitalisation of the economy but it didn't go in that way.

If we look at the RBI annual report it was the failure people had to suffer a lot in long question for money.

Also, around 99% of Money was back to the banking system that would result in the failure of curbing black money.

Also, every day we saw that no drop in stone-pelting and Naxalism achieved.

No big black money holder arrested.

The aim of demonetization was to reduce the corruption, black money and terrorism but this demonetization only cannot reduce corruption and black money. We have seen during demonetization 99.4% of the currency was deposited in the bank. Today also the corruption is there, black money is there and terrorism is also there. Every single politician is corrupt in this country. There are many cases charged on many political leaders but they are free.

So, this is the good step that was taken but not with the proper planning.

Good morning everyone.

Demonetisation is a vital role plays in the National building. The demonetisation decision held on 08Nov 2016. The purpose is that reduced the corruption, Blackmoney and reduced the terrorist attack in the nation. This decision was taken because in the market lots of false currency available in the market so this currency helps to a terrorist for making fear in the people of the nation. We know Every decision start our journey and journey have so many good and bad experience.