Question

essay on demonitization of 500 and 1000 rupee notes in India.

Answer 1

Since November 8, PM announced demonetization of 500 and 1000 rupees notes to track the black money. Some were happy , some died , some started opposing , some started criticizing , some started begging.

However , this was not in mind of Modi . Modi just wanted to track and curve the black money. To do this modi called scientists , economists and more to find a solutions. Together they all decided to take this action. So, blaming Modi is just kidding. There are a team behind this rule.

Demonetization is not a corruption, it is not a scam like - 2G scam , common wealth scam , it is not Gujrat riots or sikh riots. It is just a step to curve the back money which is purely taken by RBI with the help of Govt.. Now this will be successful or not , whether it will put us in danger , future will let us know. I dont see any sign of poverty after demonetization. But I do see Indian economy crossed British economy in 150 years.

we got news many people died due to demonetization , many businesses went down. However there is a saying today’s pain is tomorrows joy. All these problems could not be solved over night. This will take time. None cannot solve this over night. However all these pain there will be some long term gain. Govt. can now track all money where it was. This will help to down loan interest rates and many more. Don’t we like to see and accept these long term profits ?

Oppositions will try to find mistakes because this is their duty and this politics. If opposition dont fight they will be vanished within no time. If you judge independently , you will probably support for now.

I am a common average Indian and I dont have any black money . My father runs a small business and we are not hit by demonetization.

When I look around , I do see demonetization actually hit people those dont file taxes( But earnings way more than taxable income) and always try to find ways to hide their excess income. Now you see only 3% of people pay taxes and there are 22% taxable income persons . So, the 19% people are shouting and raising their voice against demonetization.

I hope you Understand.

Answer 2

hey mate your answer is in the attachment...

thanks..
nice to help you