Question

speech on demonetization

Answer 1

Gud morning repected principal sir/madam
,teachers and my dear frnds.
today i take my stand before you to represent my views on demonetisation...

Demonetisation though a very good decision to curb the menace of black money failed at many points-:

1.)If we look the decision on the practical grounds,the implementation was very poor,chests and banks were running out of cash,ATMs were dead as they needed to be recallibrated, so in the last it was the common peoples who have to suffer.

2.)The demonetisation is being seen as government step to move towards the cashless economy but in remote areas there are many and many peoples who do not have their bank account.Internet accessibility,connectivity and speed is still very very poor in our country.

3.)The new denominations of 2000 and 500 do not have any new security features so there is no doubt that fake currency will flow in the market very soon.

4.)The demonetisation had an impact on the market.The rate at which Indian markets were moving decelerated and hence has caused an economy dip.

5.)It is not the ultimate solution for the black money as a huge amount of black money is fixed in the form of golds and properties.

I hope these points will help.Mind that the way in which you are going to deliver your speech will matter the most,you have to make even the weak points sound grand!