just for fun

Well last month the decision of banning 1000 and 500 rupee notes took the country by storm and even after 30 days the cash crunch is not over. Some experts say this bold move of Indian Government will effect GDP of our country badly in short run but it will also does many long term benefits. The main reason behind this move is black money and corruption. If our government really want to finish these two problems then it has to stop printing these new 2000 rupees currency notes. There are many reasons which favor it, First of all it’s very difficult to hide large amount of black money consisting smaller currency notes, Secondly It will become difficult to bribe someone also. Many developed countries like America, UK doesn’t really has bigger notes like America’s biggest note is $100 while of UK is 50 pound. Currently to tackle cash shortage government had issued 2000 Rupee note but it will also be stopped just like 1000 Rupee note, even in coming years 500 rupee note sho...

The announcement of demonetization and it’s consequences has already troubled both public and government badly and now the goal of Cashless economy is an another challenge for the Indian Government, Few experts say that if this goal doesn’t achieve by the current government in next six months then the step of demonetization will be called a great blunder. The cashless economy is need of the hour as most growing economies in the world whether China or America has a larger number of online transactions than in Cash. There are many benefits of Cashless economy like it’s become difficult to bribe someone, the need of White money will increase resulting in less black money, the banking system will grow, the government will earn more money in the form of direct tax etc. Right now most land deals happen in Cash and that too mostly include black money. If you ever bought a land then you know that it’s impossible to buy a land without black money because of which in current scenario...