JUST A MINUTE (speach) on demonitisation
Answers
Hey there
Demonetization:
Demonetization is like termination. When something is demonetized, it is stopped or ended and is no longer in use and is not valid for payment system. It is mostly related to money. For example, our Prime minister, Mr. Narendra Modi has demonetized 500 and 1000 rupee notes in order to avoid corruption (black money). It has many advantages like curbing corruption and stopping black money. If our nation becomes a corruption free nation that day the true day we get freedom. This is why our Prime minister has placed this move. Because today money and muscle play a very important role which is reflected in the low conviction rate.Nowadays people mostly politicians think that they can do anything with money. But do you think all their money is what they have got by doing many good work?No not at all ! In that most of the money would be from illegal business. If we pay our taxes we needn't worry about this sudden demonetization act at all. It trembles those who have crores of black money who don't even pay their taxes.So this is why corruption cases should be tried on a daily basis. So friends let us join our hands together to make our country corruption free.
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Demonetisation of money means the currency which is existing is discontinued and new currency is replaced in it's place. In India there had been a ban on 500 and 1000 rupee notes which is officially announced by our honourable prime minister on 8th November 2016.
Demonetisation is a beneficial practise implemented against corruption. It had a great impact on our country.
Today in the modern world we find many government officials often bribing to complete people's work.This has become a great problem. Government officials, politicians and other rich people are becoming more and more rich while poor people are still remaining poor.This is a thing which is to be considered.
So our respected Prime minister had implemented demonetisation against this. It is implemented as an anti-corruption scheme. This scheme had brought out the real phase of many politicians and great people.
Demonetisation came out as a useful scheme as it has a limit to the amount of money which can be withdrawn per day and had fixed a particular date when all these exchanges should end . During this process many rich people simply threw the money in fright of being caught.any others were being caught and arrested.
Demonetisation was being opposed by many rich people, officals and politicians as they were frightened. But inspire of that demonitisation was successful.
However in some places it turned ot to be a waste. Many rich people got their money back.They were happy as before. Many new 2000 rupee notes were found in some of their houses.
Demonitisation had both benefits and loss. Common people suffered as there was a very big queue for collecting money in the banks.
Inspite of all these it turned out a successful with some people. It was able to reach its target.
Hope it helps u..