How demonetization is affecting common people more than black money holders?
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201 comments Page 15 of 21.
Rehan said:
8 years ago
Hi, even after the demonization is done, still we are facing the problem, there is a lack of cash in ATM and people have to go to other ATM. Banks are also not of much use, and the common people are still suffering. Even if try for digital payments, we face lots of the problem, and common people are not aware of digital transactions. We cannot go totally digital, as we need cash to meet our basic requirements and to make small payments. Hope the things get back to normal as soon as possible.
(3)
Mansi tyagi said:
7 years ago
This is a big topic to be discussed like its name. Demonetization had done on 8 nov 2016. It was a sudden announcement by our Hon'ble PM after that all the 500, 1000 rupee notes had banned. Demonetization was a right step for the black money holder as most of the black money becomes white. But there is an advantage and some sort of disadvantage of everything so demonetization also caused many difficulties to the common people regarding cash withdrawals. But overall it was a white revolution.
(19)
SANU BHARTIYA said:
8 years ago
In my opinion, 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. 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. Demonetization is affecting to the common people but they will get benefits from it in the future.
Thanks.
Thanks.
(3)
Digambar kumbhar said:
8 years ago
Hi friends. Myself digambar.
I think demonization is a great impact on a middle-class family. Because by improving our life the rates will higher on imp needs. Like foods, clothes etc. By this increasing the cost this develops the problems in front of common people. Aand the black money holder's can easily exchange the black into white currency in banks. HHe does not face problems but common people can be faced problem in banks. By this situation, the loan is increasing day on our country.
I think demonization is a great impact on a middle-class family. Because by improving our life the rates will higher on imp needs. Like foods, clothes etc. By this increasing the cost this develops the problems in front of common people. Aand the black money holder's can easily exchange the black into white currency in banks. HHe does not face problems but common people can be faced problem in banks. By this situation, the loan is increasing day on our country.
(8)
Naveena D said:
6 years ago
Good Morning Friends.
According to me, Demonetization will helpful for development growth of the country. But at the same time, that impact is disturbed on common peoples. Because common peoples are want to re-modify the rupee notes. So these is disturbed on common peoples. Business persons or well-being persons have easily modified the rupee notes. So, these things also affect the common poor peoples. Black money holders also easily change their money but mostly does not affect them.
According to me, Demonetization will helpful for development growth of the country. But at the same time, that impact is disturbed on common peoples. Because common peoples are want to re-modify the rupee notes. So these is disturbed on common peoples. Business persons or well-being persons have easily modified the rupee notes. So, these things also affect the common poor peoples. Black money holders also easily change their money but mostly does not affect them.
(55)
Spartan said:
8 years ago
Hello, friends, I want to address the issue that supposes a poor person pays his taxes and keeps aside some money as savings for purpose of his children's education or marriage he has to deposit it again and will have to pay taxes on it again.
Moreover, the black money which is circulated in form of real estate and gold will have very less impact on them and most of the black money is stored outside the country.
The move was a good decision but not properly thought of and executed.
Moreover, the black money which is circulated in form of real estate and gold will have very less impact on them and most of the black money is stored outside the country.
The move was a good decision but not properly thought of and executed.
(10)
Pratiksha Datir said:
8 years ago
Demonetization is affecting common people more than black money holders. Because of demonetization corruption will get reduced but not 100%. And the people who are responsible for corruption live their life as usual, but common people faced lots of problems like they have to be standing in a queue in front of the bank for withdrawing money and deposit as well. And because of demonetization, new notes are not available in the bank and common people are not able to do their work.
(7)
Pavithra said:
8 years ago
Hello friends,
In my point of view, demonetization is announced to withdraw the black money from our country, sudden nature of announcement and long cash shortage for several weeks creates suffering to people.
People seek to exchange their banknotes had stand in lengthy queues and several people died in rush.
There is also a problem of protest, litigation and strikes against the government.
But in conclusion at the end of 2017, 99% of banned currency was deposited in banks.
In my point of view, demonetization is announced to withdraw the black money from our country, sudden nature of announcement and long cash shortage for several weeks creates suffering to people.
People seek to exchange their banknotes had stand in lengthy queues and several people died in rush.
There is also a problem of protest, litigation and strikes against the government.
But in conclusion at the end of 2017, 99% of banned currency was deposited in banks.
(18)
Uma maheswarara rao said:
8 years ago
Hi friends.
Demonetization is a very important factor for reducing the black money of our country because of wt ever the money in the country is to be digitalization. It will definitely effect on the common people due to the if it's happening in without any proper plan. In the rural areas, there is a lack of facilitates in the changing their money. Finally concluded that demonetization is the effect on the common people if it doesn't happen in the proper plan. Thank you.
Demonetization is a very important factor for reducing the black money of our country because of wt ever the money in the country is to be digitalization. It will definitely effect on the common people due to the if it's happening in without any proper plan. In the rural areas, there is a lack of facilitates in the changing their money. Finally concluded that demonetization is the effect on the common people if it doesn't happen in the proper plan. Thank you.
(8)
K C Pandey said:
5 years ago
Demonetisation was announced by the government of India on 8th November in 2016. It is very good decision taken by our government but I think our government not prepared properly. Because many poor people very affected by the demonetisation because they are stand at front of bank. Rich people have many source to change their notes. Bybdemonetisation our government collect the black money by the holder so I conclude it was very good decision taken by our government thanks.
(35)
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