rambabu wrote:

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

Chief secretary is  government employee not a political leader. Why Income tax authorities in not inspection accounts of leading political parties.

Shampa Sadhya wrote:

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. 

Two things here , first of all demonitization on this scale has never happened in India and  even for the government and the economists it is a first , so we need to understand that there are bound to be flip flops ..

Secondly in a democracy which is of the people , for the people by the people , government is duty bound to roll back any step that is opposed even if it was necessary ! There have been hundreds of roll backs in prices and so many other rules by various governments in the past, so here when they do it, it shows there is concern ..