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

Good morning all,

As we see that every coin has two faces so this is just like that.

From the common people point of view, it is of just like a change of clothes they have to suffer to bring the daily liabilities they have to stand in a queue to change their money and also they have to suffer from their boss to change his money otherwise they have to leave the job.

As we see from black money holders point to view they do not have to suffer because they have their servant to change their money also helpful in changing their black money into white.

So the result is very clear common people have to suffer in all circumstances.

Hello sir,

My opinion Is yes, definitely demonetisation is affecting common people than black holders.

When government on the 8 Nov 2016 announced suddenly the 500 and 1000 rupee note will be banned.

There are lots of problems facing common people. There are no of queue in front bank atm postoffice. The common people especially the lower middle class and the people live in rural Area they have many such difficulties faced. In rural areas, people don't have a knowledge of different online Apps for accessing and maintained their lifestyle. Many of them. They don't have their account they face more difficulties.

Thank you.

According to me, demonetization seemed to be a great move at first but later because of its poor execution, it changed everyone's mind. People didn't had any cash in their hands, long atm lines, long lines at the bank for deposition of money. People who were not internet friendly were hit the most because they cannot get their transactions done online. Most people rotated currency their currency even after demonetization. Small markets like grocery market, transport, petrol, which are done with cash mostly were hit badly. There were only notes of 500 and 2000 available so there was a problem in doing small transactions.

Every coin has two sides and so demonetization is also having advantages and disadvantages. This step of demonetization against corruption by our Honourable prime minister Shri Narendra Modi is really appreciable. Announcing it suddenly was the best part of this strategy. We know it will take time to clean the corruption but if such steps will not be taken how come India would be a corrupt free country. Lack of cash availability, standing in a queue for a long time for withdrawals were weak points of demonetization. I appreciate the courage showed by our prime minister. The result will be healthier in future.

Sudden decision by govt. of demonetization is a great blow for common people because people like daily wages labour, rikshawala got a big blow.

Lines in the ATMs and lines in the banks are affecting common people more.

As we can see that many people have died in the bank lines.

Infect we did not heard about any rich people who was stand in the bank lines.

But at the same time, we can not refuse that this is a very big and good decision against corrupt people.

It will reduce tax evasion, children trafficking, fake currency circulation.

In short for long term benefit we must face short-term problems.

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.

Yes, obviously demonetization is one of the powerful aspect taken by our Prime Minister Narendra Modi. But although it has a huge impact on many people living in tribal areas or in urban. Like people have two faces in their life. This demonetization is also having 2 effects. One is by the sudden announcement of this act it has made the country to become corrupt free. And the second is that it had made many people in trouble especially middle-class people they need to stand in queue for collecting money to meet their daily liabilities. So, we need to go through this for making our country corrupt free.

Hi, Demonitisation is a good step taken by our honourable PM Narendra Modi on 8th Nov 2016. But its a good step with poor execution.

Demonitisation is affecting common people more than black money holders, I completely agree with this because common people are suffering a lot. They are forced to stand up in line in front of ATMs, banks, post offices. Because there is a time limit kept by the govt to convert their old currency. Common people are suffering a lot but many of the black money holders by sitting in their home itself they are converting their money by giving commission, bribe to bankers.

Hello friends,

Demonetization is affecting us in many ways like small vendors, due to lack of awareness at the beginning faced many problems also pensioners were not able to draw their pension all at once as a result, old people suffered a lot. We had many technical issues like ATM's were not able to load the new notes at the beginning. Standing in front of banks and ATMs killed our patience and time a lot.

Behind all these, we can overcome majorly two things one is corruption and the other is black money. We may have many problems but definitely, it's fruits are going to be sweet in future.

Demonetization is a process in which we modified the currency.

Our PM Narendra Modi demonetized the 500 and 1000 RS notes on 8th November 2016.

Demonetization is a good way to control over black money, fake currency and corruption.

Many people hide their money in houses this money is called black money. It is the main obstacles in our country's progress. Most people of India bear many problems and some died in the queue of ATM's.

Black money encourages terrorism most of the terrorist use black money and fake currency.

So, I think Demonetization is a good decision taken by our official.