Even today I have seen people transacting with Rs 500 notes. Some medical shops, vendors of all kinds are accepting old denomination notes as they feel confident that they can encash it or get credited to some accounts. Depositng into accounts should have been allowed for only a week or ten days. The ceiling of Rs 2.50 lakhs withoutbeing questioned is also on the high side. Unfortunately honesty is a rare commodity these days and people are more innovative than the PM to circumvent all the rules. Even today honest citizens suffer and they do not get cash for day to day transactions. Those who have not exchanged and who have nothing to credit to their accounts the demonetised notes should have been given some priority for withdrawal. Two times i withdrew from ATM and I got two pieces of Rs 2000 which iam carrying without getting any change for the last 15 days. Though iam for demonetisation and measures against corruption and black money I strongly feel that introduction of Rs 2000 has only added insult to injury to ordinary people who are honest and who are with this Government. It again helps black money holders to hoard Rs 2000. They should immeditaely stop issue of Rs 2000 and introduce Rs 500 and below notes including coins so that people have no grievances and would wholehearetdly support the Government. more  

Narayana namaskaram. Our people are great always. They have devised every possible Way to keep money and transacting it at all economic conditions. But for such talent our society would not have survived and thrived all these milliona. more  
Government's purpose is to stop black money and corruption and bring black money into banks. Some people are thinking it is to make everyone poor in the country. Government 's step of giving one more chance to the people is an intelligent move more  
Very true the introduction of Rs 2000/= notes has added more injuries to the already wounded Indians after demonetisation. They should have first introduced new Rs 500/= notes with plenty of Rs 100/= notes in the stream. This would have not given any chance to complain. Now even if the concept is good the execution is far from desired. Continuously making amendments in the announcement dated 08.11.2016 has made the mockery of the Government. No aftereffects were thought & in a haste the demonetisation step was taken. It is really pity that even after taking a bold step the Government is on the back foot & have to face the criticism of the opposition Parties. more  
India is a peculiar country where all rules can be diverted ad misused. The PM has given a chance to all BPL people to make hay while the sun shines. So from Day the crowd is to en cash and get commission for those black marketers and Netas whoce money has been converted. more  
Post a Comment

Related Posts

    • Assessment of Central Government

      For last 5-6 years I have been seeing LocalCircles doing survey on performance of Central Govt and these surveys have been very reflective of the ground mood. However this year the LC Manager hasn&...

      By Shirisha Kumar
      /
    • Terrible vip culture of babus

      In Chhattisgarh, an officer's I-phone fell into a dam reservoir. Two pumps of 30 horsepower, ran 24 hrs, and pumped out-hold your breath- 21 lakh litres of water, this water could have irrigated 1,...

      By Sudesh Rai
      /
    • Air Conditioning after sales services

      Most companies are quite poor and slow and expensive when it comes to service and repair of ACs and that is why so many of us rely on the local vendors. Govt should form rules around res...

      By Reeta Kumar
      /
    • Govt and RBI not thinking right

      Attached currency exchange update from RBI says that exchange will carry on as before. If no ID proof is needed, what will prevent a repeat of 2016 when people were hired to exchange cur...

      By Dipali Yadav
      /
    • Jewellers have started charging premium for accepting 2000

      Some Jewellers have started Charging a Premium on Gold for Accepting the ₹2000 Currency Note Gold Official Rate (With GST) - ₹63,800 Unofficial Rate if Paid with ₹2000 - ₹67,000

      By Venkata Lukka
      /
    • 2000 rupee note exchange will be problematic

      Why Demonetisation in 2016 was a scam. And so, why 2023's Rs2000 note exchange is the scam repeat. Here is how it works: Suppose you have Rs 20 lakh in black in Rs 2000notes. You can't ...

      By Ruchika L Maheshwari
      /
    • TCS on foreign spending

      Glad LC manager took this up and we made lots of noise on various platforms including LC and the Govt has announced action (attached) that those spending under 7L per year abroad wont be subjected ...

      By Shikha Jain
      /
    • 20% TCS is an extremely bad move

      Middle class in India already pay highest tax- Max 30+7 % direct tax plus 5–28 % GST plus cess . Even after all this, do we get subsidized quality Education? No. Healthcare? No. Be...

      By Sheetal Jain
      /
    • Govt is wrong on TCS

      Govt can give as many explanations on why TCS on foreign transactions but they are wrong. TDS is very different from TCS. TDS is deducted from salary or FD interest- which is ur earnin...

      By Shikha Chhabra
      /
    • 20 pct tax deduction on foreign travel spending

      Decision to add Credit card spend in forex under LRS and tax 20% is a criminal move. Anyone who travels abroad,uses credit cards for everything from food to stay. 20% additional cost will have many...

      By Garima Sharma
      /
    • Power Outage very much a reality

      Not sure what the Government is claiming but I travelled last 2 - 3 months and what the LocalCircles survey claims about power outage is very much real.

      By Shweta Kotharii
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)