1000/500 RUPEE NOTES VERSES 100 RUPEE NOTE

1000/500 verses 100 rupee notes

Modi Ji has really taken a BOLD STEP to eradicate the Black & FAKE MONEY but without proper thinking. This step is causing hardship to public. There are big lines to get the notes exchanged. Only 2000 rupee note is being given. ATMs are dry. Notes of 100 rupee is not avaiable. No shopkeeper is having the smaller notes to return the balance. Chemists are ready to accept the old notes but no money to return the balance. Govt. should first put the 100 rupee note in the market in good quantity before taking the action of new notes. After all one can not give 2000 or 500 note for the purchase of item costing 100/50 or 10 rupee. I fear peaple may start exchanging 100 rupee note for 110 or more in the same way old 500 rupee is being purchased for 400 rupees. So the planning lacks thinking of practicality. i have seen in News Paper that notes worth 17 Lakh crore rupees are in circulation & 88% of this is in 500/1000 domination. I feel only 50% of this should be in this & 50% in lower domination of 100/50/10. more  

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I am with you Bhagava. Modi and the BJP leaders have one common. Invariably that do not have the courtesy of even acknowledging communication made to them what to talk of any action. I had sent suggestions to not less than 150 BJP folks. Except for Jayant Sinha no one responded. It is a pitiable situation. Hope BJP changes soon. more  
The Currency of Rs.100 & below denominations as at 3.00 p.m. of 8 th November is still in the hands of public , merchants , shopkeepers , Supplying Agents and , Sub-distributors/Depos , Petrol Bunks , Movie theaters , Tole Gates , Temple Counters , Bus Stations & Depos , AND , Railway Counters . THIS IS THE FACT OF INDIAN CURRENCY AS AT 8th Evening . Those keeping their supporters , servicemen and those Black Money Holders Discounting their 500 and 1000 Notes ARE ONLY THE REASON FOR THE VISUALS IN VIDEOS and , the continued inconvenience to those real people/Citizen who in need of exchanging their 2 or 10 Big Notes . Further , the Rural Area People are set to some other traps and this is why , the Governments opted Post Offices also for Exchange and , some local T.V.Channels who are following RBI Guidelines , notifying in local languages about the time of another 40 days . FURTHER , THE FOLLOWING WILL DO THE BEST . 1. Release of New 500 New/modified notes as was notified besides release of Rs.200 new Notes will best clear the present problems of all fields and even Rural Areas . 2. Accept Electricity Bill , Water Bill , Municipal Taxes , Educational Fee , Telephone Bill , though becomes due in January considering the November Utility Bill Amount as the Advance payment conditioning that any difference be adjusted in December Utility Bill through 500 & 1000 Notes . This will reduce lines at Banks and the urgency of new Currency . 3. Direct all Government Departments including Sales Tax , Income Tax , Provident Fund , ESI etc., etc., Overdue contributions be sent for immediate payment notice which also stand as reminder and creates awareness in the Public , Entrepreneurs & Businessmen to adjust with . This also reduces the load of New Currency . 4. Convince States to direct all Enterprises , Business Houses , Contractors , Call Centers , Schools , Colleges , to arrange opening of Accounts to all their Staff if the number of employees exceed 10 in number . This will make Salary disbursements through Bank which will reduce Bulk drawals of cash by any . A condition of disbursing 1000 rupees in two or 3 denominations in Cash can be set for such Salaries . 5. Condition of Aadhar Card in Towns issued , Condition for Voter Card in Towns where Aadhar Card was not issued shall be prescribed for those who want Exchange of Cash above Rs.1,000/- making compulsory the opening of Savings Account . 6. Petrol Bunks with strict watch of Stock in and Stock out , be allowed 500 and 1000 currency for Petrol , Diesel or Gas to its 80% Value and be allowed to give back 20% Change ; or , a System of Bill comprising PAID ; DELIVERED ; BALANCE AT CREDIT be allowed to carry till 26th December . 7. All Medical Shops and those Kirana & General Shops be allowed with the system of a Bill comprising PAID ; DELIVERED ; BALANCE AT CREDIT , to be allowed to be followed till 26th December . 8. Marking on Finger is necessary till 31st December . more  
I agree with Bhargava, there must be scrutiny of bank accts with sudden inflow. BM Wallas hv hired zopdawalla to flush their BM clean. There does not appear to be safeguards. The public may be advised to just deposit 50/1000 old notes, in an envelope into the branch.T he RBI accepts Old/torn notes in such a manner. There hv been no problems. The video was circulating on 5th , of Rs2000 before issue. There was a press report in Dainik Jagran on 26 Oct. How? One girl was carrying a bundle of 100 Rs2000 notes. Daughter of a BJP functionary. So leaks were there. Dt 14.11.16 more  
I had suggested three months back that there there should be no transaction in cash above Rs.500=00 all people on pattern of compulsory Adhar Card need to have bank account for facilitating transactions. But I did not receive any reaction on my suggestion when such a system is working elsewhere (in many countries) why it will not work in India, but unfortunately suggestions are just for sake of fun. If this is done corruption could get curtailed totally and common people would not face any difficulty. Yet I feel any and every effort for curbing corruption needs to be appreciated. more  
RN Chopra RN Chopra posted a message in "Fight Corruption Together". Subject: ब्लैक को ऐसे बना रहे हैं व्हाइट. पेट्रोल पंप पर कारोबारी ब्लैक को व्हाइट में कन्वर्ट कर रहे हैं। पंप लाखों की संख्या में 500 और 1,000 रुपए के नोट ले रहे. वह कुछ दिन या एक महीने बाद 2,000 या नए नोट देने का वादा कर रहे हैं। पेट्रोल पंप मालिकों से संबंध होने पर ये काम आसान है पेट्रोल पंप 5 फीसदी ले रहे हैं चार्ज..... ज्वैलर्स ज्वैलरी खरीद पर पक्का बिल बनाकर वैट ले रहे हैं लेकिन वह बिल बैक डेट का बना रहे हैं। ज्वैलर्स 500 और 1,000 रुपए के नोट ले रहे हैं। शादी के सीजन में वह बढ़ी सेल को सरकार को आसानी से बता सकते हैं। ऐसा करके लोग ब्लैक को बदल रहे हैं। - बैक डेट पर बना रहे हैं बिल ताकि शादी के सीजन में सरकार भी इन पर शक न कर सके। को-ऑपरेटिव बैंक बैक डेट में जाकर फिक्स्ड डिपोजिट कर रहे हैं। वह ऐसा कर कैश को व्हाइट में कन्वर्ट कर रहे हैं। मोदी सरकार के फैसले से पहले की डेट में जाकर एफडी करने से सरकार भी सवाल नहीं उठा सकती। ऐसे को-ऑपरेटिव बैंक को नेता सीधे तौर पर कंट्रोल करते हैं। ग्रे मार्केट करोड़ों रुपए को चार्ज लेकर व्हाइट में कन्वर्ट कर रहा है। ग्रे मार्केट में ब्लैक मनी पर 25 फीसदी काटकर व्हाइट में पैसे दे रहे हैं। ये नोट बदलकर और अकाउंट में भी ट्रांसफर भी कर रहे हैं। व्हाइट में कन्वर्ट करने का काम चार्टेड अकाउंट कर रहे हैं। 25 फीसदी ब्लैक मार्केट ले रहा है चार्ज. Reply Reply to this email to post a comment. more  
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