Ban on Rs 500 and Rs 1000 notes

Of course, If one wants a change some thing, he should be prepared for some inconveniences.Additionally, the Government did not hide anything from the people right from the day one of demonetizing the Currency.The Government has been saying that the troubles caused are not going to stay forever. Things will be better in due course. Which is why people are waiting with patience for 'Achhe Din to come.'

And all the hue and cry are the handiwork of the opposition.

Now there is a something creative flourishing among all the inconvenience. A baker shop in Kolkatta is selling chocolates in the look of banned 500 and 1000 notes. They are getting good response and their sale has rocketed high. This chocolate is in big demand. They have base of chocolate and edible colors and sugar are used to draw the banned notes. 

Now that is some creativity!!

rambabu wrote:

anil wrote:

It may be to control fake currency.

May be. But the main objective is to stop Black Money.

Noting is stopped. Pakistan begins printing of 2000 Rs. note. Most of black money is with politicians and businessmen. Both manged it. Now there Black money is white  money or black money in new currency.

Arunima Singh wrote:

Now there is a something creative flourishing among all the inconvenience. A baker shop in Kolkatta is selling chocolates in the look of banned 500 and 1000 notes. They are getting good response and their sale has rocketed high. This chocolate is in big demand. They have base of chocolate and edible colors and sugar are used to draw the banned notes. 

Now that is some creativity!!

LOL trust our minds to come up with something like that ...I am reminded of someone telling me once, throw an Indian anywhere in the  world and he resurrects himself and literally bounces back , which is true ! This is one of the most positive trait that is seen among the Indians ad thats how you see all the corner stores and news stands run by the friendly Indians in UK and he USA , now spread even to Germany and France !

anil wrote:

rambabu wrote:

anil wrote:

It may be to control fake currency.

May be. But the main objective is to stop Black Money.

Noting is stopped. Pakistan begins printing of 2000 Rs. note. Most of black money is with politicians and businessmen. Both manged it. Now there Black money is white  money or black money in new currency.

Yes, Read about this. Modi and Arun Jaitlly agreed that Pakistan is printing Rs.2000 denominations. Now it's upto the Government to solve this problem. We, commoners are helpless

Every now and then something new is coming up. Now,  there is a new restriction. One cannot deposit more than Rs. 5000 in an account,  it will be questioned. Till 30th Dec a new restriction should not be imposed but it's there which will put common people in some more trouble.

In a circular issued  by  the Central Bank said, the individuals can deposit the old Rs. 500 and Rs.1000 notes, totaling more than Rs.5000 only once till December 30 and that too if the provided satisfactory reasons to why these deposits had not been made earlier.

I don't what is the purpose behind it. Most of 500 and 1000 notes deposited with bank. All foul player played their game.

The purpose is to curb Black Money and introduce cashless economy.

rambabu wrote:

The purpose is to curb Black Money and introduce cashless economy.

Where is black money? most of notes deposited or changed. It is time of screening of accounts. 

anil wrote:

rambabu wrote:

The purpose is to curb Black Money and introduce cashless economy.

Where is black money? most of notes deposited or changed. It is time of screening of accounts. 

Yes, the Government is doing all the possible efforts to to curb Black Money in the Country. Sooner than later cashless economy is going to be a reality.

rambabu wrote:

anil wrote:

rambabu wrote:

The purpose is to curb Black Money and introduce cashless economy.

Where is black money? most of notes deposited or changed. It is time of screening of accounts. 

Yes, the Government is doing all the possible efforts to to curb Black Money in the Country. Sooner than later cashless economy is going to be a reality.

Yes government is doing but also exempt accounts of political parties from inspection. No one can raise finger on deposite in political parties account during these fifty days. What a joke? All common peoples are corrupt but leaders are honest.

anil wrote:

rambabu wrote:

anil wrote:

rambabu wrote:

The purpose is to curb Black Money and introduce cashless economy.

Where is black money? most of notes deposited or changed. It is time of screening of accounts. 

Yes, the Government is doing all the possible efforts to to curb Black Money in the Country. Sooner than later cashless economy is going to be a reality.

Yes government is doing but also exempt accounts of political parties from inspection. No one can raise finger on deposite in political parties account during these fifty days. What a joke? All common peoples are corrupt but leaders are honest.

exemption of accounts from inspection is not true. Recently, Chief secretary of Tamilnadu and some RBI officers were taken in to custody and the Income Tax Authorities raided their houses

Did it need demonetisation to unearth a few thousand crore of black money?

vijay wrote:

Did it need demonetisation to unearth a few thousand crore of black money?

Demonetization is necessary for the country. But the the opposition including Congress is opposing the demonetization in the Parliament stalling the Parliamentary proceedings. The real color of Congress. Apparently the communal Congress's is to destabilize Modi and his Government. But, the Government refused to budge. The Government's good deeds are already appreciated by the people. opposition including the congress is making themselves as fools by resorting to such foolish deeds.

For the Congress, Party is above the Country

It might have brought inconvenience. But those opposing it should come out with a better option to tackle black money. If not then at least support this movement to work and then criticize it if it fails in a long run, At least give the due time. Not just turn into gyan pandits overnight to predict it's failure for own political and personal gain.

For sure I can say and one might disagree that it was not for vote politics. I rather feel that Modi has risked his political career for this bold step. 

Arunima Singh wrote:

It might have brought inconvenience. But those opposing it should come out with a better option to tackle black money. If not then at least support this movement to work and then criticize it if it fails in a long run, At least give the due time. Not just turn into gyan pandits overnight to predict it's failure for own political and personal gain.

For sure I can say and one might disagree that it was not for vote politics. I rather feel that Modi has risked his political career for this bold step. 

 Definitely, Modi's bold step is bold and historical step. In a Democratic Country, the opposition should be constructive, not destructive. This is what. happening in the Country

Arunima Singh wrote:

It might have brought inconvenience. But those opposing it should come out with a better option to tackle black money. If not then at least support this movement to work and then criticize it if it fails in a long run, At least give the due time. Not just turn into gyan pandits overnight to predict it's failure for own political and personal gain.

For sure I can say and one might disagree that it was not for vote politics. I rather feel that Modi has risked his political career for this bold step. 

In fact the risk that Modi has taken is enormous especially knowing the kind of opposition ha had to face who are thirsting for his blood demeaning him day in and day out and bringing out all kinds of false allegations ..

Now, it is said that no question will be asked if the deposit is more than Rs. 5000 till 30th Dec. This roll back comes after some protest by the common people. It's not expected of this government to create confusion regarding such a bold step like demonetization. 

usha manohar wrote:

Arunima Singh wrote:

It might have brought inconvenience. But those opposing it should come out with a better option to tackle black money. If not then at least support this movement to work and then criticize it if it fails in a long run, At least give the due time. Not just turn into gyan pandits overnight to predict it's failure for own political and personal gain.

For sure I can say and one might disagree that it was not for vote politics. I rather feel that Modi has risked his political career for this bold step. 

In fact the risk that Modi has taken is enormous especially knowing the kind of opposition ha had to face who are thirsting for his blood demeaning him day in and day out and bringing out all kinds of false allegations ..

Allegations by the opposition proved to be false and baseless. This is a way to stall the Parliamentary proceedings.