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Demonitization Successful or not?

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Demonitization Successful or not?

Dear Friends,


As we know that our Prime Minister Narendra modi has initiated the term "Demonetization" after a long time in India.


But the sources and consequences tells us that its not successful upto the mark that what they thought to be happen.


for example 2016 December 31st Night Narendra modi given very few grapes (so many people may not even taste it as it too far to get those benefits).



among those grapes some of those are,


>> For pregnant ladies giving Rs 6000/- (it may not a great achievement as so many Carrying women       has delivered in ATM and Bank queues)


>> For Rural housing loans the borrowers can get 4% discount on actual interest rate when its below 9 lakh rupees and a 3% discount on actual interest rate when its below 12 lakhs.

(See friends, if you think deeply in this offer there is a great logic, i.e, to apply for housing loan Income tax returns are mandatory but if you see in rural areas who are paying income tax??? all are farmers and below poverty line people. Are they capable to pay income tax and can avail housing loan??? its a great cheating in History)


and some offers like extending Loan amount from 1 Crore to 2 Crore to SMEs. (may be somewhat useful to new startups and entrepreneurs )



Upto now no sources says that Demonetization was successful.


Topic continuesss........!!!!!!!!!

Thank you Friends

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