Discussion Demonetisation of old Rs. 500 and Rs. 1000 currency notes

[id_866]

Because under severe pressure from Ministers and other influential people in Govt.

I don't think so

 

[Viki]

I disagree with everyone above. Demonetisation was a great success. People nowadays uses wallets and cards for making transactions. Before demonetisation everyone used cash. I hope they bring a demonetisation 2.0 before general elections. So that Indian economy becomes cashless economy. Government should set limit of Rs 1000 per month for a cash transactions a month this time. And also encourage parents to give their children debit and credit card instead of cash.

I don't know from which part of India you have this crime experience.

My friends and family went for a trip in north recently including Varanasi, their experience is in every shop they insist to pay in cash not in card.

Recently , In Chennai also I faced that situation in one shop.

BTW, the cash is the king again. Please check some old posts here in the thread , I have posted graph based RBI data.

 

[Viki]

Demonetisation, GST headed to look like bigger failures; here’s why

Demonetisation, GST headed to look like bigger failures; here's why - The Financial Express

 

[iDJ]

I don't know from which part of India you have this crime experience.

My friends and family went for a trip in north recently including Varanasi, their experience is in every shop they insist to pay in cash not in card.

Recently , In Chennai also I faced that situation in one shop.

BTW, the cash is the king again. Please check some old posts here in the thread , I have posted graph based RBI data.

You should have visited the Gujarat region instead of North. In here our economy is 99.9% cashless. Thanks to Gujarat model of our mighty PM.

 

[Sai Jai]

govt believes high denomination currency being used for hoarding, tax evasion

Epo thaan evanga ethaiya kandu podichi erukangala , Ethu thaana sir unga takku

Note & Translation: Above lines Tamil comedy dialogue "Now only they found this , This is what ur fast sir"

I disagree with everyone above. Demonetisation was a great success. People nowadays uses wallets and cards for making transactions. Before demonetisation everyone used cash. I hope they bring a demonetisation 2.0 before general elections. So that Indian economy becomes cashless economy. Government should set limit of Rs 1000 per month for a cash transactions a month this time. And also encourage parents to give their children debit and credit card instead of cash.

Gud One bro

I don't know from which part of India you have this crime experience.

he doing sarcastic comment

You should have visited the Gujarat region instead of North. In here our economy is 99.9% cashless. Thanks to Gujarat model of our mighty PM.

I understood

 

[Speedmax13]

We Covered all evils of demo now only thing left is taking the main man who is responsible for demo to court .

 

[piinku1]

I don't think so

Then you have no idea about how PSB works??

 

[iDJ]

Before demonetisation, Modi govt nudged RBI to introduce ‘shagun’ Rs 11, Rs 21 bank notes. Before demonetisation, Modi govt nudged RBI to introduce 'shagun' Rs 11, Rs 21 bank notes

 

[Bapun]

Two crore people have lost jobs due to demonetisation & GST: Ajay Upadhayay

Addressing a press conference here, All India Congress Committee Spokesperson Ajay Upadhayay charged the BJP-led government that demonetisation and the GST had hit the unorganised sector most.

"Due to these two steps by the (Narendra) Modi government, two crore people have lost jobs. BJP's promise to give two crore jobs every year has become a 'jumla' only," he added.

 

[Sumanth]

I always wondered why people couldn't circumvent Demonetization by using banks accounts and digital transactions.

GST was really badly implemented and it still continues to be problem with the way the rules are even to-date