A wasteful exercise, instead abstain from printing higher denominations and incentivise non-cash transactions offering a mnimum of 5% discount. Then in 2022 or later, demonetize 2000/- denominatin without giving time for exchange i.e. only to deposit next day or two. Besides, levy charges of 5% on cash transactions of 50000/- drawn per week.
A wasteful exercise, instead abstain from printing higher denominations and incentivise non-cash transactions offering a mnimum of 5% discount. Then in 2022 or later, demonetize 2000/- denominatin without giving time for exchange i.e. only to deposit next day or two. Besides, levy charges of 5% on cash transactions of 50000/- drawn per week.
the cause of problems is higher denomination notes...jut like big denomination 1000 note was banned and 2000 rs note introduced...similarly need for the hour is to remove the big denomination note of rs 2000 and replace it with rs. 5000 note....
You forgot that there is an election round the corner,i.e. in Karnataka .And every party needs huge cash in high denominations. Thus stop, misguiding us all the time.
Re: You are lways trying to defame the govt .
by bappaditya gupta on Apr 29, 2018 10:56 PM
Well said. Rediff has been at the forefront of spreading lies & canards. I am sure they will not allow me to post my message as before since it hurts its where it hurt most.
Re: You are lways trying to defame the govt .
by bappaditya gupta on Apr 29, 2018 10:56 PM
Well said. Rediff has been at the forefront of spreading lies & canards. I am sure they will not allow me to post my message as before since it hurts its where it hurt most.
Re: You are lways trying to defame the govt .
by bappaditya gupta on Apr 29, 2018 10:56 PM
Well said. Rediff has been at the forefront of spreading lies & canards. I am sure they will not allow me to post my message as before since it hurts its where it hurt most.
Re: You are lways trying to defame the govt .
by bappaditya gupta on Apr 29, 2018 10:56 PM
Well said. Rediff has been at the forefront of spreading lies & canards. I am sure they will not allow me to post my message as before since it hurts its where it hurt most.
Re: You are lways trying to defame the govt .
by bappaditya gupta on Apr 29, 2018 10:56 PM
Well said. Rediff has been at the forefront of spreading lies & canards. I am sure they will not allow me to post my message as before since it hurts its where it hurt most.
Re: You are lways trying to defame the govt .
by bappaditya gupta on Apr 29, 2018 10:56 PM
Well said. Rediff has been at the forefront of spreading lies & canards. I am sure they will not allow me to post my message as before since it hurts its where it hurt most.
News is that black money is back. So people shouldn't be surprised 2000 notes are demonetised, now government has better experience. I suspect the timing will be for next election in 2019 to checkmate the opposition, rather than to attack corruption or black money. I hope poor people don't suffer this time round.
a country where we are getting an rti reply that we dont have information about this clearly shows unaccountability. india is not in a path of developement. poor we.
