dialogue between two friends on demonetization
Answers
Friend A: Hey do you know the level of corruption in our country is very high?
Friend B: I know. And this corruption is the biggest obstacle in the path of our national prosperity.
Friend A: The current government is trying to control this corruption. It has taken some stringent measures such as demonetization of 500 and 1000 rupee notes, digitization of economic activities, connecting the bank accounts to PAN numbers and Income Tax department, etc.
Friend A: The black money in our country is a very serious issue. Most of the black money is being used in doing anti-nation activities such as criminals, terrorism, drug-smuggling, gambling, real-estate business, and film industry, etc.
Friend B: Really? I did not know!
Friend A: Do you know India is on top of the list of countries that have kept their black money in Swiss Banks. India with $1,456 billion or $1.4 trillion has more money in Swiss banks than the rest of the world combined? So you can imagine the extent of black money problem in our country!
Friend B: Goodness gracious!
Friend A: Similarly, within the nation the amount of hidden black money in the form of 500 and 1000 rupees notes is equally staggering.
Friend B: This is very shocking!
Friend A: If the same amount is brought back to our country, our economy will flourish fast. Do you know why the PM of India has banned the high denomination notes?
Friend B: To end corruption and black money, I figure?
Friend A: PM Modi’s intention behind the move is purely to break the back of those people who have the black money or are involved in black money activities. Secondly, some anti-national agencies are using this black money and fake money to destabilize India. Pakistan and China are directly involved in these activities. PM Modi’s move aims at disrupting their anti-India activities by banning these notes, as it has been confirmed, these anti-India agencies use fake 500 and 1000 rupees notes by printing them.
Friend B: This is a great a move. I completely support it.
Friend A: But those who have black money don’t think so. There is furor of protests, complaints, and resistance to the move from those who have been hit hard, especially the corrupt politicians, businessmen, etc.
Friend B: I think the people of India must stand by the PM and show their solidarity. Only then our nation will prosper.