If every true citizen of India is honest with his financial activities(Forget about Pakistan and their terrorists),there is no question of all these hassles and great inconvenience. No need for the Modi Govt. to bring out various money policies and rules,which keep on changing everyday
Re: If every citizen of India .......
by chandra sekar on Nov 18, 2016 07:11 PM
True but the issue starts with making under the table payments for every service,How are we going to stop that
Re: If every citizen of India .......
by Umacharan Panigrahi on Nov 19, 2016 11:02 AM
But the fact is for most Indians 'honesty is lack of opportunity' which the P M rightly did not mention; thus the procedural inconveniences.
Re: If every citizen of India .......
by anil kamat on Nov 25, 2016 11:25 AM
Ministers are getting converted their bulk 500's and 1000's through the farmers are making them scapegoats. Farmers are getting some commission for getting the notes exchanged through DCCB's where they still maintain registries and not computerised...
I go around the village asking people if they have mortgaged their jewels to the bank. Then I go with them to the bank and pay off their loans," he says.
"Now, their jewels are with me. They can pay me later and I will return their jewels without any additional interest."
"So far, I have exchanged Rs 10 lakh (Rs 1 million) for jewels. I have another Rs 90 lakh (Rs 9 million) to change," he says, adding,"The people of the village trust me with their jewels and I trust them with my money."
Co-operative sector was a noble idea... Interference of politicians maligned the entire concepts... They used it to boost own "profit" from public service, by fooling the unsuspecting public...