Economy, asked by amitkumar4012, 1 year ago

How GST and demonatisation stops the corruption?

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Answered by surabhi777
2
Sify.comFinanceColumnsHow demonetisation will change the many faces of corruption in India How demonetisation will change the many faces of corruption in India Source : SIFY By : Major General Mrinal Suman Last Updated: Wed, Nov 23, 2016 08:14 hrs Black money has been an integral part of the Indian narrative. Pervading environment of corruption is invariably faulted for all the ills afflicting India. Surprise demonetisation of high value currency notes has been hailed as a radical step against black money and corruption in India. Will demonetisation succeed in curbing corruption? Optimists are confident while the doomsayers are sceptical. In the simplest terms, corruption is unethical conduct by a person in authority. Anyone who misuses the authority entrusted to him for personal gains is guilty of resorting to corrupt practices.

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