Ban on Rs 500 and Rs 1000 notes

Although corruption cannot be completely eradicated it is bound to come down considerably because of the transparency in the financial system and more than anything I am sure a step like this would make people more aware of their rights and how to handle corruption which I think would help in discouraging corruption to a great extent !

For sure, it will bring down the corruption. Though I won't deny that it is totally flawless and the wrong doers will find loops and holes and make their way out of it. But definitely this bold move has put everyone on alert. Such jolts every now and then is important to shake the root of corruption and curb it's growth.

This move has caused a big problem for the wrong doers so much that many of them are trying to portray the move in bad light by spreading rumours. Just a while ago I was reading about how media were reporting fake news about the death of people standing on queue to exchange money. They feel that spreading such rumours would make people go against Modi

Of course the opposition will fight tooth and nail to show that this is a wrong move since they did not do it .. However, it is heartening to see that even those who have had to stand in que  for hours together in large cities supporting the move . Let the opposition do what it is good at doing, disrupt and bring in disharmony but the citizens are watching and I am sure they will get a befitting response when it is time to do so..

Modi's crusade against corruption will go on. Modi is not a man who leaves the things half done.. Of course Opposition will   cry foul But Modi's March against Corruption will go on.

The irony is that those who were crying out for inconvenience to people are going to do the icing on the cake by jan sabha and rallies. So gathering a huge crowd on roads will not cause inconvenience to common man. Or they think that inconvenience by such stupid acts is justified?? but not the ones for a better India. 

Arunima Singh wrote:

The irony is that those who were crying out for inconvenience to people are going to do the icing on the cake by jan sabha and rallies. So gathering a huge crowd on roads will not cause inconvenience to common man. Or they think that inconvenience by such stupid acts is justified?? but not the ones for a better India. 

Apparently Rahul Gandhi's stunt at the ATM cost a few crores for the Congress party since they had to arrange security vehicles and a few hundred people to stand outside the ATM who would dance to his  tunes and click selfies with him

Opposition Parties in today's Parliament sessions wanted the Government should have informed the people about Currency Policy before hand. A Senior Minister Of  the ruling party said, in reality Opposition Parties are the main tax evaders. Opposition , had they been informed prior hand wanted to alternative ways to  hide their Black Money.

rambabu wrote:

Opposition Parties in today's Parliament sessions wanted the Government should have informed the people about Currency Policy before hand. A Senior Minister Of  the ruling party said, in reality Opposition Parties are the main tax evaders. Opposition , had they been informed prior hand wanted to alternative ways to  hide their Black Money.

If the people were informed about change in currency, would it ve served the purpose of eradicating black money?? In that case, those with black money would ve taken every measures to reduce their loss.  Sometimes these political parties also like to create issues out of nothing instead of supporting move which is beneficial for India in the long run

jabeen wrote:

rambabu wrote:

Opposition Parties in today's Parliament sessions wanted the Government should have informed the people about Currency Policy before hand. A Senior Minister Of  the ruling party said, in reality Opposition Parties are the main tax evaders. Opposition , had they been informed prior hand wanted to alternative ways to  hide their Black Money.

Definitely, Currency demonstration will help both the Country and its people. Immediate effect  of Black money curbing is a long process and would take time. But due to sincere efforts of the Government, in the long run, the country will be free from Black Money.

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Many in opposition said that though they supported the move, they found that the government was not ready. But I feel that it was planned and the prerequisite steps were taken by government. As far as the issues with ATM ( 2000 not fitting in to the windows), Less cash supply etc. could not have been handled more than this as too much of preparation might have triggered the curiosity among opposition and might have leaked the plan. And consulting opposition before the move would have been disastrous

Black money ! Black money! 80% is out of India and only 20% in the country. But the effect is positive as the terror movement and stone pelting has stopped and Naxals also are now penniless. Another gain is that black money hoarded by the political parties for UP elections are now zero.

rambabu wrote:

jabeen wrote:

rambabu wrote:

Opposition Parties in today's Parliament sessions wanted the Government should have informed the people about Currency Policy before hand. A Senior Minister Of  the ruling party said, in reality Opposition Parties are the main tax evaders. Opposition , had they been informed prior hand wanted to alternative ways to  hide their Black Money.

Definitely, Currency demonstration will help both the Country and its people. Immediate effect  of Black money curbing is a long process and would take time. But due to sincere efforts of the Government, in the long run, the country will be free from Black Money.

I also hope, but mark my words the black money will come back in another 6-9 months

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MG Singh wrote:

rambabu wrote:

jabeen wrote:

rambabu wrote:

Opposition Parties in today's Parliament sessions wanted the Government should have informed the people about Currency Policy before hand. A Senior Minister Of  the ruling party said, in reality Opposition Parties are the main tax evaders. Opposition , had they been informed prior hand wanted to alternative ways to  hide their Black Money.

Definitely, Currency demonstration will help both the Country and its people. Immediate effect  of Black money curbing is a long process and would take time. But due to sincere efforts of the Government, in the long run, the country will be free from Black Money.

I also hope, but mark my words the black money will come back in another 6-9 months

MG, I know you have confidence on Modi,and his Government.  I request you to keep your confidence on Modi,and I am sure  he definitely  will measure up to your and the entire Nation's  confidence.

Things will not happen overnight, especially, Black Money. Let's support him.

 

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Arunima Singh wrote:

Many in opposition said that though they supported the move, they found that the government was not ready. But I feel that it was planned and the prerequisite steps were taken by government. As far as the issues with ATM ( 2000 not fitting in to the windows), Less cash supply etc. could not have been handled more than this as too much of preparation might have triggered the curiosity among opposition and might have leaked the plan. And consulting opposition before the move would have been disastrous

I agree with that, yesterday Rahul Gandhi came up with the most ridiculous statement saying the govt shd have informed the common man  before taking the step. Typical of him..

Rambabu back to his old ways of gaining points by parroting the same thing in different ways ..

Why parroting ? Whatever I said is based on the information I got from from the news channels. Every member  works for points.

There is no need to say the same thing again and again , if you don't have anything constructive to add just stop filling the discussions with your nonsensical posts which you keep doing simply to gain points..

usha manohar wrote:

Arunima Singh wrote:

Many in opposition said that though they supported the move, they found that the government was not ready. But I feel that it was planned and the prerequisite steps were taken by government. As far as the issues with ATM ( 2000 not fitting in to the windows), Less cash supply etc. could not have been handled more than this as too much of preparation might have triggered the curiosity among opposition and might have leaked the plan. And consulting opposition before the move would have been disastrous

I agree with that, yesterday Rahul Gandhi came up with the most ridiculous statement saying the govt shd have informed the common man  before taking the step. Typical of him..

Rambabu back to his old ways of gaining points by parroting the same thing in different ways ..

I too feel that if this move for demonetization was backed up by some more preparation from the govt in handling the situation it would have been much more beneficial. Another point i feel here is that with this i wonder whom the govt are targeting. Small time black marketers and real agents. Yes definitely they are in for toss. But what about the big fishes. I doubt if they have kept all their money in cash. They would have already invested in real estate or gold or foreign exchange. 

I know most of us here did not face much problem with this move. But my heart still goes out to people who are suffering. The family who lost their kid when hospital refused admission or the transgenders who cant open an account or poor families who are taking extreme steps because they could not marry off their daughter with dowry. Those these are not a generalization, but its still the price the society is paying and we should not be ignoring that.

Divya wrote:

usha manohar wrote:

Arunima Singh wrote:

Many in opposition said that though they supported the move, they found that the government was not ready. But I feel that it was planned and the prerequisite steps were taken by government. As far as the issues with ATM ( 2000 not fitting in to the windows), Less cash supply etc. could not have been handled more than this as too much of preparation might have triggered the curiosity among opposition and might have leaked the plan. And consulting opposition before the move would have been disastrous

I agree with that, yesterday Rahul Gandhi came up with the most ridiculous statement saying the govt shd have informed the common man  before taking the step. Typical of him..

Rambabu back to his old ways of gaining points by parroting the same thing in different ways ..

I too feel that if this move for demonetization was backed up by some more preparation from the govt in handling the situation it would have been much more beneficial. Another point i feel here is that with this i wonder whom the govt are targeting. Small time black marketers and real agents. Yes definitely they are in for toss. But what about the big fishes. I doubt if they have kept all their money in cash. They would have already invested in real estate or gold or foreign exchange. 

I know most of us here did not face much problem with this move. But my heart still goes out to people who are suffering. The family who lost their kid when hospital refused admission or the transgenders who cant open an account or poor families who are taking extreme steps because they could not marry off their daughter with dowry. Those these are not a generalization, but its still the price the society is paying and we should not be ignoring that.

It is made clear by the Government that it is targeting only Black money holders.Additionally, the Government said, in the process of Demonetizing, some common people are bound to suffer. But it is temporary. In the coming days, the hardships of the commoners will not be there.