Mixed reactions to currency ban

Note-ban has not hit the practice of corruption at all. The level has gone back to what it was before the announcement. People have started taking bribes again in cash as the supply has increased to normal level. However, a generation of black money has been reduced, but no major impact can be seen.
—Anil Agrawal, a Jaipur-based-businessman

It brought some initial inconvenience which cannot be ignored, especially to daily wage earners but it must be admitted that the government has taken a bold and a necessary step to bring about a reform and it must be given time to have its effect. I think we should be ready to make some contributions as well.
—Samhita Pincha, headmistress of a Kolkata school

I don’t think it has helped in curbing corruption. Instead, it has promoted corruption. Actually, demonetization helped big corporates and bankers to accumulate wealth. People at the grass-root level are suffering. Plus, the order that all money should be deposited in the banks has hit the people in rural, deep rural, tribal and mountainous areas. They do not have easy access to banks.
—Dr Ghulam Rasool, RTI activist in New Delhi

Note-ban has definitely been a step towards a cashless economy and it …read more