As we all know that RBI banned old rupees notes of INR 500 and 1000 on 09-11-2016 and this news is spread as everywhere in India. And every one is talking and gossiping on the same issue, while a huge part of public thinks that banning of old currency leads to take black money out of holders, but nobody is trying to think deeply over it, so after think about this issue i found some of its effects and i am going to mention my views here as:-
Well it is one of the wishing qualified step taken by RBI or Present Govt. to bring some new changes in economically part of country as these all new steps are taken mostly for to get economic benefit for country, and also to show something like miracle to public for get public's appreciation and tempt them towards the policies of Govt. as like, the Govt. wants to let people think that Govt. is trying to do some thing new for benefit of public in socially and economically way and this thing'll help the Govt. to get elected in further elections and will rule without any doubtful mentality of public, so these are the self profit factors of Govt. for the taken new steps in public welfare or directly or indirectly.
so now lets think about the beneficial effects in different ways of the step taken by RBI to ban old rupees notes of INR 500 and 1000 and bring new notes of INR 500 and 1000 with modification and also in this paragraph i'll also describe about the no change on some of the doubted factor about that mostly people are discussing as like this ban on old currency leads to take black money out of its holders, yes it does but not is all the way all mostly people are thinking. Well this ban will affect some of the black-money holders who owned amount only in cash form because the bank account holders’ money will converted in the same new rupees notes and only few amount will less from there whole deposit, because the amount that is deposited in bank is only in number form, so they may be able make payment and transfer amount through net banking so this step will not affect most of the black money holders as most of the people thinking while the black-money holders with cash-form amount will more affected, well people who belongs from medium families also don’t have to suffer more with added policies of taken step.
Now lets talk about the huge benefit that country will earn and leads to be strong economically by the taken step of Govt. that will affect or stops the illegal process carried on by some traitor groups and neighbor countries those print illegal or copy of INR currency and use it against India and also to ruin our nation by helping terrorists in buying weapons by illegal copy of Indian currency and use it against India, so for preventing India from economical poverty and losing its strength the taken step to ban old INR 500 and 1000 rupees notes 1000 and arrival of new notes of INR 500 and 2000 is just a Laudable thing that our Govt. has done. Well done RBI, Hon. Governor, Hon. PM and all the members who were included in making this decision.
