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

Hello friends according to me, demonetization which had been done on 8th nov 2016. This demonetization has changed the whole economy. This was the great change in the Indian economy. I think the govt had taken right decision of demonetization but they had not made any plans. Many middle-class people came in trouble become of this demonetization. Many poor people in India don't know to sign his signature and govt had told them to fill the form and then exchange the notes. Those people which were having black people they had given corruption to the banker and exchange their notes. But the middle and poor people those who are having white money they came in trouble.

NO doubt, demonetization has affected common people because they have to stand in queues for a long, and the people who are illiterate and live in a village with having limited banks and ATMs suffered a lot with this demonetization. But it's irrelevant to say that only common people suffered from demonetization. Those who were having lots of black money are the real suffers from this demonetization because they can't able to sleep at night in their beds having sleep wells mattress, and the common people who were in long queues for whole day can have a good sleep their floor at night because the don't have fear of losing money which they earned with hard work.

Hello, Friends.

According to me, Demonetization is very good designation by the government. But government has fail to implement it. It only affects the small people or we can say the common men the big & powerful people are leaving their life as it is but common men has to go bank & ATM regularly get through lot of suffer even some people heavily lingered or died in Que. On another side powerful people are partying and posting selfie with bunch of new notes when peoples don't have a new single note. On another side it create awareness in people so many people who are not paying Tex or not using bank because of lake knowledge are used to with bank.

Hi everyone.

At the starting stage of this demonitization this was true because it seems like common people are suffering from from that decision. But as the time passes slowly problems of common people are decreasing and black money holders problems are increasing.

As coming to the problems facing by common people I can say one thing if a soldier says why I should risk my life for the sake of you people then we will not able to sleep in our houses happily. Trust in the decision taken by narendra modi because every where people critisizism is common. People say when we listen. If today we face problems our children's generation will leave happily.

Hello, all this is Nandy.

I am not in favour of this that demonetization is affecting commen people more than black money holders because it's very simple that those who have white money they can eailsy exchange they money however those who have black money holders first of all they will not sleep at all all the time they will keep in busy that how will they will make there money into white but common people they will face some difficulties like standing in long queue or to exchange there value but in the end they know this thing will really give them some benifits in long term not might be in short term that will find results but definatiley.

Hello, friends, I'm going to discuss the topic '' How demonetization is affecting common people more than black money holders?''.

As we all know that everything has same advantages As well As disadvantages. Demonetization is also an example of this. Common peoples had badly affected by it than the black money holders. Coz, the powerful black money holders had found the way easily how to convert their black money into their harm worked money, by the hello of same corrupted peoples in the system. But common peoples had no way To get rid of this and they stand in a long queue of banks for their money which they got by working hard and honestly.

Hello, everyone.

In my point of view, demonetization is a very sensitive action which is raised by the Indian government on 8 November 2016. Government of India announced that demonetize of all 500 and 1000 rs and the new currency is provided at midnight. The major decision which is made by the government will help to destroy black-money and all the terrorist activity will be blocked. A negative aspect is all the common man faced the various and inconvenience to exchange their 500 rs and 1000 rs.

It will make a big change in our country we congratulate the entire government and we should thank those people who brought this decision.

Hi, of course, demonetization is affecting both common people & black money holder. But I feel that heat is being felt more by common people and small-scale business people whose daily activities depend on cash transactions than black money holders. The idea of demonetization was damn good but I think it has failed in being properly implemented. And country along with the masterminds behind demonetization scheme might have shellshocked to witness never ever seen corruption done through or with the help of banks (new denomination currency unauthorizedly supplied few black money holders) which made the masterplan an utter failure.

Demonization is a great move by Prime Minister Narendra Modi but do it really required at this point of when India is in growing Phase if we see that majority of population in India belongs to middle class and BPLl familes so taking such a step of demonization is affecting India growth rate in an adverse way, people faced lot of problems because of this and the effect is still there it's long lasting so gov move to curb black money by imposing pressure on common public because of some rich people who keep their money abroad bank so this will not remove corruption at all gov need to have some strong rules and regulations for this.

Hi,

According to my opinion, Demonetization was the good step for reduce the black money but it was affecting common people more than black money holders. While millions of people have been stressed over queuing up outside the bank and ATMs for their regular transaction. Common people struggle to get their own hard earned money withdraw and black money holders who funds the terriosst are stilk free and exchanging their money safely without any problm. Some people who run small business but unaware of digital banking are ones facing the biggest problem.

So, Demonetization is affecting common people more than black money holders.