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

Yes, I must say demonetization affecting common people more than black money holders because when it was declared that we have to exchange our old currency the common people have faced a lot of problems. They had to wait for long in the queue to exchange money. That time there was limited fund and for this many people has to come back without exchanging the notes. The employee who were in public sector or private sector they had to take leave to stand in the queue to exchange notes. The most important point, many senior citizens became exhausted while standing in the queue. These are all the middle-class or lower middle-class people who are not the black money holders.

The people who hold black money belongs from the political field or other major organisations. But they didn't have to stand in the queue to exchange notes. And the people who hold black money 10% are in the cash form and rest 90% are in the form of any assets or in Swiss account. They couldn't find that remaining 90% black money.

From this, it's clear that the demonetization affected common people more than black money holder.

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.

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.

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.

Common people have clearly been suffering through a lot. Employees need to stand in long question at the banks and ATMs to draw their money, but if we look at the bigger picture it has resulted in total loss to the black money holders. The strict initiative taken by the govt was to make it nearly impossible for these black money holders to exchange their hoarded cash. One thing I want to put forward is, the long never ending question etc are not caused by demonetisation. Govt has released proper rules like Rs 24000/- to be taken in week, anyone having marriage ceremonies or Any construction work can withdraw up to 50,000/- etc. The govt is doing all it can to support the common man. But the problem is sufficient cash is not being supplied to banks. Hence all the problem. If enough cash is being given to the banks, public won't be facing so much of problem.

HELLO.

Like the roses have thorns too like ways demonetization has merits and demerits. But the merits are more and for a good cause so we should look more towards it for stopping corruption. I think we should be with MODI JI. AS I am. I think it is a great step.

Hi all of you.

Yes, the demonetization is affected on common people than the corrupted people, the idea was good taken by our government it succeeded for half of their thought so it's mainly affected for normal peoples I hope that it will help for our country to develop Thank you all.

Hi Friends.

Everybody has written good views over demonetization. I appreciate our PM initiatives against black money and corruption from the country. Friends our respected PM has also urged the people of the country to come with us for this operation and cooperate us. PM also told on 8th Nov 16 with the help of the people of our country we definitely resolve this issue. He also told common people of our country will suffer initially but when the matter of reducing corruption and development of country Indian people will face difficulty for the nation. I also want to say that India will take a time to Digitalisation but it is not impossible.

People of the country could sacrifice and can stand in queue for 2 to 3 months for the development of the nation.

As we know that this is the land of brave. I also suffer and stand in queue whole day by taking hope India will be developed, corruption free and digitalize one day.

I also thank the common people of our country who suffered during demonetization.

Thanks friends.

Hi, guys, this is Soundarya.

According to me, the announcement for paying tax have been informed to people through media six months ago. But people did not pay more attention. This ban of 500 and 1000 rupee notes announcement made most of them to pay their taxes and convert their black money into whites.

Demonetization was a very bold and gutsy move that has been taken by our prime minister Narendra Modi on November 2016. That was done in a very planned manner so that the common people do not have to get very much affected because before this decision he has started a campaign to give every Indian their own bank account. The common people who work on the daily basis was much affected by this decision because of the lack of the cash in the market. In our India common people are very afraid of the incidents like looting and theft so they don't keep cash in their home for those fucking looters.

The people those have had black money in the form of 500 and 1000 notes currency were most affected by this decision because neither they could deposit the money nor the could reveal that.

After this decision the stop pelting incidents, Naxals attacks in our nation were at its lower stage. After this, around 657 Naxal groups have surrendered because of the lack of money. Around two lac crores, black money has been revealed.