Was Demonetization a Disaster? 2016-2022 | UPSC Mains GS3
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- Опубликовано: 19 янв 2025
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Corrupted banking management was the major cause for the failure of demonetization policy .
good report
After Demonetization i started using UPI and never looked back .
As always richer sections of the society remain unaffected and poors as well as those middle class people's who have never been a part of money laundering and other such corruption's had to pay heavy costs we cannot always expect such drastic measures to be successful in fact such a drastic measures always hit the economy and society badly.
The Targetted group's remain unaffected
However it's true that demonetization encouraged digital payment which inturn contributed to the digitalization of the economy but it has a lot of loop holes
and according to me lack of serious
implementation is the main reason behind its failure.
True
20,000 crores of money was wasted for printing new currency.People deposited their black money in banks and fake accounts and government gave interest on that money 😂😂😂
Upi
Demonization was a failure.
Introduction of Rs. 2000 notes was an even bigger blunder.
Demonetization was a very good move but the way of implementing was wrong . Corrupt persons made a path to come out of this situtaion.
People*
😂😂😂😂😂
😂😂😂
Demonization is not bad but the way it was managed was not good.
यही होता है जब बिना सोचे समझे हीरो बनने के चक्कर मे ऐसे काम किए जाते हैं।
एक भी तैयारी नही थी इसलिए जनता परेशान हुई।
As per RBI and Govt. reports not even a single target was achieved. So, a big disaster as this single move destroyed MSME and Agri industry.
What a analysis sir ..you express all the pros and cons in a very effective and organised way... hats off sir....
Really well explained Sir. Your voice the way of narrating, one can never feel boring.
It was not a mistake but a blunder
Demonetisation was the biggest failure of this government.
Modi government has a very poor execution policy.
Salute to your courage you speak.. nicely explained
It is a failure because the mental and physical health that people suffers just to exchange their own money not any politician suffers, many bank and post office employees lost their lives due to months of sleepless nights.
After exchanging money, many people I know have their health deteriorate, so many businesses collapsed due to money shortage.
Proud that you had the courage to make an honest video. When i saw this notification, i thought that you would pander to the powers that be.
I remember how Virat Kholi had said "Demonitisation was good", such wise people given their valuable opinion on economic matters.
Once again..great vid.
Loss is much more than gain. Demonetisation is simply a disaster. We gained an increase in digital payment by freeing UPI. This is not due to demonetisation. Demonetisation is simply a shock wave in the economy. It actually collapsed the economy...
Adarsh Gupta appreciate your effort bro.😊👍
Good analysis. Well explained.
Adarsh sr i visit study IQ channel just because of you
I stilo have 1000 & 500 rupees Old note 😂 My mother save it on her bag! When we found that the replacement time was over 😎
Intention was good but end results were horrendous.
Demonitization in one line : When you fail to make an omlet just make a Bhurji out of it and call it a miracle🧪🪄
I even don't want to remember this, it was a complete disaster!
You have missed the point though... Since most people now are connected with bank accounts using digital means of pay , the cost of printing currency is well contained if you compare that too 10 years back cost to today's cost, considering inflation as well
imo demonitisation gave a massive push to digital payments! Which i like.
Every action has a positive reaction and negative reaction as well. Demonetisation's greatest victory was the birth of UPI- Unified Payment Interface. It was really very tough time for economically weak people.
Awesome explanation 😀
To watch other Chapters of New World Order series click here ruclips.net/p/PLpuxPG4TUOR4juHXXB5WEhE5GAQ-mBJpG
Intention was good , execution was bad.
Epic analysis...
Very very nicely explained. 🙏🏻🙏🏻❤️❤️
I was in restaurant when this descion came ND the hotel guy didn't Acept the payment was horrible to see like this
Demonetisation was a disaster
Intention was good but execution was bad.
Thanks sir ji 🙏
It's took India 5 year behind
Thoroughly explained, well actually the common man( middle income family ) didn't suffered much because everyone pretty much needed normal spending for livelihood. I understand this move was not well executed but do know that it was well intentioned and welcomed. Our support to the govt is there. Jai hind🇮🇳🇮🇳
One of the worst decision by bjp government
My father just yesterday told me about demonetisation which happened 4 decades ago in 1978. How at that time banks were not available nearer to all towns, they had to travel 100km+ to Ahmedabad and stand in line for few days to change the notes. People didn’t had car those time. My uncle drove bullet (bike) 6 times, each time having 3 more people, travelling 100km one way mostly on unpaved roads to drop family members and friends there so people can exchange money. Talk about hardship which happened in 2016 vs 1978.
Demonitisation is big failure 📉
This explain inspired me.. Love from arunachal pradesh ❤️
Govt ko 2000 ka note nhi Lana chahiye tha
A well balanced and informative video sir
Very nicely explain sir
I like your concept... Specially india internally issues.. 👍👍
Excellent sir
In the land of the ostriches, the blind are king. When politicians bury their head in the sand, ignorance rules the country.
Well explained sir
Upi is the best thing in democratization people have start spending more and it increase overall economical flow
Yes it was a blunder and taxpayers money was used to print new currency on low quality paper.
It was disaster, common people suffering till now
GST and corona is also very much responsible.
Well done
Benifit of demonitozation is like how India get benifit from British rule...
Railways, police,upsc..
It doesn't mean British rule was good for us...
Demonetization give us UPI revolution.
informative videos
Thank sir 😊
Demonetisation ki vajah se logone apni jan gavai, or sabse herani ki baat hai ek bhi politition ke pass black money nahe Mila, kisi bhi bade business men ke pass black money nahe Mila, ye kese posible ho sakta hai😂
It was the biggest blunder of this decade.
We support the government 👏.
Note Bandi such me Disaster thi MSME Puri Barbaad ho gai thi 🔥
Sir need a case study on how to make our country corruption free 🙏🙏
Sir , please make videos about Ranchi Taimara Ghati where time and date changes automatically
I’m here after circulation of 2000rs is being stopped 😂
Yes this is a fit topic for civil services preparation.
Targeting bankers is like punishing them when they were the people who were troubled the most and atleast their duties should have been acknowledged. Either during demonetisation or during pandemic they were never looked upon.
Although demonetisation laid base for digital banking but what the entire country went through was short sightedness of leadership.
It was very good Decision 👍
Disaster...
As indians we should we proud how rich and resilient out civilization is. Soo many outside forces trying to destroy us from ages but we keep fighting. Jai hind.
What an analysis! 👏👏 Awesome
Definitely
Can you plz how come demonitazion in India led to crash of Pakistani economy 🙄🙄
StudyIQ could u make a video on a topic of "hindi" as our hindi language is getting popularity day by day specially because of our tradition, culture, diversity, wide Indian diaspora nd specially bcoz of Indian songs nd our beloved India's south film industries which is getting attention recently globally..... Tq StudyIQ❣️
वर्तमान में जो अर्थव्यवस्था की खस्ता हालत है यह नोटबंदी का ही परिणाम है
Atleast add English subtitles
I just want to ask simple question, where is 2000 rs. note,huh???
demonitization was harassment for common people.
Demonetisation was blunder to indian economy.
Best answer is that there was black money but they didn’t declare and they printed all money and told we got all money back ……in system……and black money they given to party fund
Sir make a brief video on role of Bjp's in Indian history.
Thnxx
Paaya to kuch nahi par khoya bahut kuch
News tells that fake currency increased, terrorism and insurgency same as before.
else some benifits but it can be achived without demonitisation.
Sher paala hai hmne, apne har decision me khoon maangta hai
Farmers use cash mostly
2000 ki note pucho kya sahi tha kya galat
Modiji is the best pm.
Nice
I got my given mony back due to demonstration and could able to book a flat in Mumbai.
Where is 2000 notes now???😂
Black money is money for which tax is evaded
Though it was not success but it was not blunder
No other country dared do such big demonization. Fools rush in where angels fear to tread.
Demonetisation is not fail for bjp. Because of demonetisation they win UP with land slide margin which was not expected if de monetisation was not implemented.
How are they related
Related
Demonetisation se sabse zyada fayda adani ko hua
When normal person not get exchange of INR 500/- rupees
Then how he can get the exchange of INR 2000/-
So INR 2000/- currency not required
2000 ka note itna dikhne mei nhi ata kyu
Kya 2000 ke note khtm ho gya kya iska value zero ho gya
Notbandi bahut galat thi
Black money was not controlled by this... In Swiss banks there is 50% growth of Indian people's money after 2014...so demonetization didn't work as planned.
I think it is helping ED
LG पर आरोप लग रहे है लेकिन न तो LG और न bjp से जवाब देते बन रहा है मतलब साफ है कि आरोप सच है नहीं तो ये अब तक आसमान सर पर उठा देते। और अब तक पद पर बैठा है कोई कार्यवाही नहीं सरकार की तरफ से। कार्यवाही सिर्फ लालू जैसे लोगो पर होती है जो सामाजिक न्याय की लड़ाई लड़ते है