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Impact of 500 , 1000 Demonetization

Chalanachithram.com DB » New TF Industry Related » Archive through November 10, 2016 » Impact of 500 , 1000 Demonetization « Previous Next »
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Kkd
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Posted on Thursday, November 10, 2016 - 12:53 am:       

kikiki

People who are restless....Mamatha,Kejri,Rahulpappu, OT....

Now you do the mix and match.....LOL
 

Tilak
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Posted on Thursday, November 10, 2016 - 12:29 am:       


Onlytruth:

Onlytruth
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Posted on Wednesday, November 09, 2016 - 11:34 pm:       
For those who diligently pay tax, demonetization will be an administrative nightmare. The efficacy of demonetization in flushing out illegal wealth is at its highest when it comes as a surprise reckon economists. But then it also causes the maximum hardship on law-abiding citizens and economic agents, especially small economic units. Imagine, long-winding cues in banks with people rushing to exchange their old notes for the new series. Can banks to cope with the pressure of handling the volumes?


Encouraging electronic payments is most welcome as the spin offs include automatic audit trails, transparent accounting and minimising the risk and cost of handling cash. But India is a vastly unbanked country. Many of the poor do not have bank accounts. To expect rural India to switch to the plastics in a short span is unrealistic.
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 08:25 pm:       
By the


3 hours lo 23 posts vesaava vere theds lo ..
India First.
 

Tilak
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Posted on Thursday, November 10, 2016 - 12:27 am:       


Onlytruth:

 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 08:10 pm:       
Pakistan ucha posinda ?
Border firing aagipoinda ?

Infact since then indian casualties r more


Plus alanti pilla strikes manam past lo kuda chesaamu ani kuda proved
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 08:07 pm:       
Whose point won in pilla strikes topic finally ?

Meedaa naadhaa ?




3 minutes teda lo gurtochinda aa rendo chetta? oke post lo vese kante rendu posts lo vesthe count perugutundi ani idea na? :D
India First.
 

Mahesh_fan
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Posted on Wednesday, November 09, 2016 - 11:38 pm:       


Onlytruth:

is


ot last 2 years lo andhariki accounts open chesaru..
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 11:34 pm:       

For those who diligently pay tax, demonetization will be an administrative nightmare. The efficacy of demonetization in flushing out illegal wealth is at its highest when it comes as a surprise reckon economists. But then it also causes the maximum hardship on law-abiding citizens and economic agents, especially small economic units. Imagine, long-winding cues in banks with people rushing to exchange their old notes for the new series. Can banks to cope with the pressure of handling the volumes?


Encouraging electronic payments is most welcome as the spin offs include automatic audit trails, transparent accounting and minimising the risk and cost of handling cash. But India is a vastly unbanked country. Many of the poor do not have bank accounts. To expect rural India to switch to the plastics in a short span is unrealistic.
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 08:25 pm:       

By the way ninna eeeroju india wide corrupt free aa offices lo ?
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 08:10 pm:       

Pakistan ucha posinda ?
Border firing aagipoinda ?

Infact since then indian casualties r more


Plus alanti pilla strikes manam past lo kuda chesaamu ani kuda proved
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 08:07 pm:       

Whose point won in pilla strikes topic finally ?

Meedaa naadhaa ?
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 08:06 pm:       

Failure ni sensationalism tho covering up modi

Pakistam tho foreign policy debacle ki pilla strikes tho coverup program

Black money control , videsala nunchi teppinchaleka chetagaka own currency peekkunnadu
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 07:53 pm:       

Nalla dhanam bayataki teestha ani pragalbhalu paliki currency cancel jesukunnadu modi

Tax haven countries lo unna indians money anthaa rappista annadu .. Bochu bochu peekadu

Utter failure
 

Uno
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Posted on Wednesday, November 09, 2016 - 07:19 pm:       


Onlytruth:

500 note continues

1000 place lo 2000 note

Double.easy corruption




But it is Ooposite of what CBN said and you gave credit for
 

Chiru_fan
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Posted on Wednesday, November 09, 2016 - 07:10 pm:       


Ferrari:

OT lo maarpu testunna ..



Needi gunde kaadu kyabegee!
CHIRU - SACHIN - FEDERER
 

Ferrari
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Posted on Wednesday, November 09, 2016 - 07:05 pm:       


Chiru_fan:

Nuvvu yevvaritho argue chesthunnavo telusaa?


CF khaaka..argue kaadhu..OT lo maarpu testunna :D..
 

Chiru_fan
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Posted on Wednesday, November 09, 2016 - 06:55 pm:       


Ferrari:



Nuvvu yevvaritho argue chesthunnavo telusaa?
CHIRU - SACHIN - FEDERER
 

Teluguhero
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Posted on Wednesday, November 09, 2016 - 06:52 pm:       


Onlytruth:

Expert opinion match aye view point dorikindi posted




LOL Bengalis/communists highly educated and the same time dumb & stupid.

You will see many anti modi articles without proper logic from Rediff,NDTV,Indian express,firstpost etc exactly match your opinion.
 

Nee
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Posted on Wednesday, November 09, 2016 - 06:50 pm:       

RBI ante full name teliyani nishani gallu projecting them self as experts

Nishani gallu edikelli vasthar va
 

Right_wing
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Posted on Wednesday, November 09, 2016 - 06:47 pm:       


Onlytruth:

Commonsense n expertise

what expertise we are talking here ?? how many similar issues he dealt with in his career ..he's just giving a example of 1946 and 78 when banking system was in infant stages and having a bank account was a privilege. Tracking money trails is much easier with robust banking system, How does sucking out cash from hidden chests is not beneficial ?

Poni govt ki telusa entha % cash form undo.. Nums unnaya?

Entha surrender ani estimate ?




RBI is definitely in better position than these experts..they know much currency is in circulation so they have some idea how much currency is stashed ..if Govt wants to do something they can do it no matter how hard you try to play the system.
 

Ferrari
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Posted on Wednesday, November 09, 2016 - 06:35 pm:       


Onlytruth:

500 note continues

1000 place lo 2000 note

Double.easy corruption


malli adhe conception..there are experts under Modi team and dont you think they have discussed about this point..valla strategies vallaki untayo..assalu match kuda start kaledhu appude India 400 Runs kodithe bagundu annatu undhi..
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 06:30 pm:       

500 note continues

1000 place lo 2000 note

Double.easy corruption
 

True_indian
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Posted on Wednesday, November 09, 2016 - 06:29 pm:       


Onlytruth:




ante CBN lo medadu ledu ani decide chesava

2000 lo ne icchadu e policy ani ninna anni threads lo TDP pans thodakottaru

why u turn
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 06:28 pm:       

How does this Indraneel know they are all in non-cash form?? does he have any data or just assumption ??

>>

Commonsense n expertise


Poni govt ki telusa entha % cash form undo.. Nums unnaya?

Entha surrender ani estimate ?
 

True_indian
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Posted on Wednesday, November 09, 2016 - 06:28 pm:       


Ferrari:

adhe CBN e policy introduce chesthe ni disco dance chudalani undhi.




already CBN 2000 lo cheppadu e policy ani ninna thodakottaru kada
.those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches.
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 06:26 pm:       

Ante neeku nuvvu expert ani tag add chesukuntunnava
>>>


Expert article idigo ani vere evarido post cheste naku expert tag add jesukunnatta ?

Peddha metta laagunnave
 

Ferrari
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Posted on Wednesday, November 09, 2016 - 06:19 pm:       


Onlytruth:

same points i have been telling dince yday

Expert opinion match aye view point dorikindi posted


ok nuvvu expert vi oppukunam..but why dont you see the brighter side about future economy or the way govt is handling corruption..or to tackle black money..eppudu Modi ni edho okati anatam kakapothe dheenivalla upayogam entha varaku undhi ani alochisthava assalu..

adhe CBN e policy introduce chesthe ni disco dance chudalani undhi..
 

Right_wing
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Posted on Wednesday, November 09, 2016 - 06:16 pm:       


Onlytruth:

*(a)* really big-ticket illegal assets are more likely to be held in non-cash forms such as gold, jewellery, real estate, ghost companies and in foreign offshore accounts; and

How does this Indraneel know they are all in non-cash form?? does he have any data or just assumption ??

even if they are in non-cash form they are locked and if they ever sell they have to pay tax here after.

*(b)* cash deposits in banks will be a one-off: demonetisation does nothing to reduce the generation of illegal income post-demonetisation.

this is just a start , RBI already hinted they will demonetise frequently from now onwards.


 

Nee
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Posted on Wednesday, November 09, 2016 - 06:12 pm:       

Lofda lo experts

Ante neeku nuvvu expert ani tag add chesukuntunnava

Comedy ni denka, your views are total bull crap
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 06:09 pm:       

Ferrari same points i have been telling dince yday

Expert opinion match aye view point dorikindi posted
 

Ferrari
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Posted on Wednesday, November 09, 2016 - 06:04 pm:       

ok.

1 hr of google search lo idhi dorikindha..tag search eam kottav..against modi ana..india ki sambandinchi modi ye oka positive attempt chesina mechukove..is it just because of the special status or anything else..
 

Onlytruth
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Posted on Wednesday, November 09, 2016 - 05:56 pm:       

Professor Indraneel Dasgupta :

The impact of demonetisation of 500 and 1000 rupee notes on corruption is likely to be minor and purely short-run because:

*(a)* really big-ticket illegal assets are more likely to be held in non-cash forms such as gold, jewellery, real estate, ghost companies and in foreign offshore accounts; and

*(b)* cash deposits in banks will be a one-off: demonetisation does nothing to reduce the generation of illegal income post-demonetisation.

Nobody has any hard estimates of the amount of counterfeit currency in circulation, so nobody has much idea how much currently-circulating counterfeit currency will be affected. Counterfeiters will go back to business as usual as soon as the new 500 and 2000 rupee notes are issued.

Meanwhile, the 'patriot'-SS will chest-thump and drop none-too-subtle hints about having put evil Pakistan out of the terrorism-funding business.

In the meanwhile, credit card companies will make a killing.

Poor and middle class people will face liquidity chaos for the next couple of months, with a great amount of hardship and a probable fall in the growth rate over the next quarter due to an effective contraction in the money supply.

Corruption in the 21st century is much more a matter of mouse-click fund transfers than currency stashes under the mattress. That the government is responding to it with a 19th century instrument like demonetisation makes one suspect that it is more a matter of appearances than of substance.

India demonetised 1000 and 10,000 rupee notes in 1946, and 1000, 5000 and 10,000 rupee notes in 1978. Even in the highly monetised economy of 1946-1978, demonetisation had, at best, a transient effect on corruption. In the increasingly cash-less and digitised economy of the 21st century, it's likely to have even less effect.

Poor people, on the other hand, are likely to suffer far more this time around.

This is belated Diwali sound and fury from 7 Race Course Road, signifying little in hard economics and a lot in politics as virtual roadshow.

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