How demonetization is affecting common people more than black money holders?

Demonetization is a bold move taken by the government of India and it definitely reduced corruption at certain extent but for this, each and every citizen of India had to contribute and in another way.

Demonetization affected adversely on common people because people had to stand in front of a bank for exchanging or deposit their money in the harsh sunshine and many people don't have a bank account so this thing also cause so much unconvinced to common people. Everything has its own advantages and disadvantages so along with advantages of Demonetization, there are few of disadvantages like black money holders had created a new black market for saving their money. Recently news came into the picture that this time there is a huge increment in income tax returns so it's showing that government has got a success by Demonetization.

Demonetization is that type of words today that everyone knows very well. According to me its is a good decision but can get the output that the government Assumed. This causes increase the corruption and problem of middle-class people and poor people but can't affect the life of middle-class family. A lot of people standing on the outside of ATMs for money, they were standing in a long queue but can't get a money because the appropriate amount of money is not available in the ATMs but no one saw on that line any political leaders, rich people, celebrities, then how is this possible. Is there no need of money, no friends, they are rich people, they directly connected to bank manager to give him new notes on the radio of 80:20 but can't face any problem. It leads to corruption. Govt try to earn the black money from the black money holders but can't get. Most of the black money holders they pack the notes in a bag and they throw into the river, forest, etc but can't give to the government. At last but not least I say that govt take the decision good but can't fulfil all his needs that require.

According to me, demonetization doesn't affect any black money holder Instead it affecting common people because these many notes are banned in place of these new notes are not created. Still, we are facing the same problem, in many Banks and ATM there is a lack of notes. That is why it only effect common people.

My opinion about this topic is India will reborn with demonetization it helps reduced corruption and black money will be reduced and middle and low-class people really affected with this.

Hi guys,

Demonetization is affecting to the common people but they will get benefit from it in the future. Someone said that instead of immediate disclosed this information they should inform the people for fixing the date for demonetization if they do so, again it helps to black money holders before demonetizing they had exchanged the money from 500 and 1000 to 100 and 50 notes. Modi had taken a good decision of immediate action on demonetization. Of course, it had affected on common people not only in this matter. There are several matters are there which can affect to common people. If anyone made the survey immediate decision on demonetization they will get 80% to 90% good result because our country people know what is right and wrong. Most of the people knew that demonetization will help to the middle class and low class and it should affect on middle and lower class along with these things, they knew they will get benefits from this in future.

According to me, demonetization is changed the corruption era. It is affecting common people more than black money holders but good thing is that it affects on corruption. We saw that in demonetization the goverment collect lots of money from black money holders also its increase GDP of our country. But common people faced lots of trouble in three months. They are standing in a queue for a day for 2000 or 4000 and ATM was empty. Also, bank employees help celebrities and politicians for withdrawing money from the backside. My view is demonetization is a good step but its affecting common people very much.

Hello.

In my point of view, demonetization made so many useful changes in India. It is a good thing for India.

In my point of view, demonetization is a good step taken by the government it is definitely helpful to India to become developed country from developing the country and it is very helpful to decrease corruption in India. But for the demonetization common people's face lot of problems than the black money holders because for withdrawing money they wait a lot of time at ATM centres. It will apply for every five years it will definitely useful to decreasing corruption.

Demonetisation was announced by Narendra Modi on 8 Nov 2016. It is really good one. It reduces the money as well as duplicate currency. The Number of duplicate currency is used in India that also minimised.

I strongly support the decision taken by the Indian government, of course, I agree there were some problems faced by used during those three months what finally it's good for the country.

One bad thing was that is people exchange their money without standing in a queue by their influence but common people suffered a lot of this issue.

Hello, everyone.

In My point of view, demonetization is affecting common people more than black money holders. Common people are stands in a queue in bank I day of summer. Heard some people are dying by stand in a queue. I think there is no reason behind demonstrations because there is a loss of the nation. Now days there GDP has been less than previous and black money holder exchange his money by other hand give tax and change money no black money are stored in government stock and some money are stored in government stock that is not distributed with people.