Horrible sir horrible - Demonetisation

[ParmQ]

Demonetisation of 500 and 1000 is done with the good intention, the execution is horrible. Govt neglected two things badly. Not introducing polymer notes for 2000rs. Note looks so cheap with low paper quality. Security features are not new, can be easily faked. What a waste of great opportunity when millions of them are being distributed. (Anyone who has seen Canadian notes can easily understand how good they are compared to our 2000Rs notes).

Another very important one - it is very difficult to exchange the old notes in a country as big as India.

Govt should have asked all the bank to introduce deposit machines which take the old notes and credite them into the customers account. For people who don't know about this - it takes the customer's ATM card and credits the amount into customer's bank account. This way govt will have access to who deposited.. thus tracking black money, which lessens the manual work of customers filling the forms at the banks now. Most of the middle class people are just intended to convert the old notes into valid cash, be it the new notes or the credited amount in their accounts. It could have saved a lot of hassle both for customers and the banks.  The technology is already very much in use and the machines introduced now will not go wasted. They could be used in future.

[4Vikram]

9 minutes ago, ParmQ said:

Demonetisation of 500 and 1000 is done with the good intention, the execution is horrible. Govt neglected two things badly. Not introducing polymer notes for 2000rs. Note looks so cheap with low paper quality. Security features are not new, can be easily faked. What a waste of great opportunity when millions of them are being distributed. (Anyone who has seen Canadian notes can easily understand how good they are compared to our 2000Rs notes).

Another very important one - it is very difficult to exchange the old notes in a country as big as India.

Govt should have asked all the bank to introduce deposit machines which take the old notes and credite them into the customers account. For people who don't know about this - it takes the customer's ATM card and credits the amount into customer's bank account. This way govt will have access to who deposited.. thus tracking black money, which lessens the manual work of customers filling the forms at the banks now. Most of the middle class people are just intended to convert the old notes into valid cash, be it the new notes or the credited amount in their accounts. It could have saved a lot of hassle both for customers and the banks.  The technology is already very much in use and the machines introduced now will not go wasted. They could be used in future.

yeah it is difficult but for sometime, kodhi rojulu aite anni set aitai janalu picha lite normal ga changing bane kondaru overacting chesturu 

[afdbzindabad]

2 minutes ago, 4Vikram said:

yeah it is difficult but for sometime, kodhi rojulu aite anni set aitai janalu picha lite normal ga changing bane kondaru overacting chesturu 

card transactions ekkuva avthaye appudu

[BaabuBangaram]

pichha lite man...tv lo chupinchinantha aithe ledhu

 

[kakatiya]

People can deposit any amount of cash with credible tax documents and use debit and credit card.

But can draw only 10k per week.

[nandananditha]

11 minutes ago, BaabuBangaram said:

pichha lite man...tv lo chupinchinantha aithe ledhu

 

Gi statement susthe ardam avings you not in india

[nandananditha]

9 minutes ago, kakatiya said:

People can deposit any amount of cash with credible tax documents and use debit and credit card.

But can draw only 10k per week.

 

9 minutes ago, kakatiya said:

People can deposit any amount of cash with credible tax documents and use debit and credit card.

But can draw only 10k per week.

Per day deposit limit sepu dude

[nandananditha]

9 minutes ago, kakatiya said:

People can deposit any amount of cash with credible tax documents and use debit and credit card.

But can draw only 10k per week.

 

9 minutes ago, kakatiya said:

People can deposit any amount of cash with credible tax documents and use debit and credit card.

But can draw only 10k per week.

Per day deposit limit sepu dude

[kakatiya]

You can use your all deposits and use cheque books and cards.

 

2000 per day limit for cash transaction

[nandananditha]

Just now, kakatiya said:

You can use your all deposits and use cheque books and cards.

 

2000 per day limit for cash transaction

Danini 2500 sesaru average GA 1hr time paduthunadhi deposit ki 

Nenu 2.5l seyali ante?

 

Cheques ki aina line lo ninchovali

[4Vikram]

41 minutes ago, afdbzindabad said:

card transactions ekkuva avthaye appudu

better ee kada cash lolli undadu

[riashli]

37 minutes ago, BaabuBangaram said:

pichha lite man...tv lo chupinchinantha aithe ledhu

 

 

37 minutes ago, BaabuBangaram said:

pichha lite man...tv lo chupinchinantha aithe ledhu

 

[riashli]

50 minutes ago, 4Vikram said:

yeah it is difficult but for sometime, kodhi rojulu aite anni set aitai janalu picha lite normal ga changing bane kondaru overacting chesturu 

K

[MRI]

abolish currency.. link cards to adhar and make cards form of payment.. rajnikanth anna zindabad..

[4Vikram]

21 minutes ago, riashli said:

K

K kadu Say God PK... Jai Balayya