mishra Posted May 19, 2023 Posted May 19, 2023 On 5/10/2023 at 9:52 AM, Singh bling said: In that case 6 months could had easily be given to exchange notes Done. You got 4 months. 2000 scrapped. Noteban part 2 https://www.ndtv.com/india-news/rs-2-000-notes-to-be-withdrawn-from-circulation-exchange-them-by-september-30-2023-says-rbi-4049268#pfrom=home-ndtv_topscroll
coffee_rules Posted May 19, 2023 Posted May 19, 2023 Maybe they should sell it at MSP to all aandolanjeevis of the world. Rihanna, Falana https://twitter.com/ramanmann1974/status/1659251815437959169?s=46
Khota Posted May 21, 2023 Posted May 21, 2023 On 5/19/2023 at 9:48 AM, mishra said: Done. You got 4 months. 2000 scrapped. Noteban part 2 https://www.ndtv.com/india-news/rs-2-000-notes-to-be-withdrawn-from-circulation-exchange-them-by-september-30-2023-says-rbi-4049268#pfrom=home-ndtv_topscroll Was there a threat from Pakistan this time? These are dumb people making dumb decisions.
mishra Posted May 21, 2023 Posted May 21, 2023 28 minutes ago, Khota said: Was there a threat from Pakistan this time? These are dumb people making dumb decisions. Rbi is well within its right to withdraw any note from circulation.
Singh bling Posted May 21, 2023 Posted May 21, 2023 On 5/19/2023 at 8:18 PM, mishra said: Done. You got 4 months. 2000 scrapped. Noteban part 2 https://www.ndtv.com/india-news/rs-2-000-notes-to-be-withdrawn-from-circulation-exchange-them-by-september-30-2023-says-rbi-4049268#pfrom=home-ndtv_topscroll This not demo . It is a routine exercise which they also did in jan 2014 when all notes prior to 2005 were withdrawn. Anyway exchanging notes do not even require id proof and even after September 30 they remain legal tender. mishra 1
Khota Posted May 21, 2023 Posted May 21, 2023 6 hours ago, mishra said: Rbi is well within its right to withdraw any note from circulation. I am well within my rights to call this move as counterproductive. Name any top 10 economy in the world carrying out such uncertainty?
mishra Posted May 21, 2023 Posted May 21, 2023 (edited) 2 hours ago, Khota said: I am well within my rights to call this move as counterproductive. Name any top 10 economy in the world carrying out such uncertainty? Isn’t India growing faster then rest? So why does it has to do same as rest of 10? Also, if i name few countries, will you accept that you are wrong? Edited May 21, 2023 by mishra
Khota Posted May 21, 2023 Posted May 21, 2023 13 minutes ago, mishra said: Isn’t India growing faster then rest? So why does it has to do same as rest of 10? Also, if i name few countries, will you accept that you are wrong? Why is India growing? Are you proud of the rate of growth? And please name any advanced economy carrying out this uncertainty. I am here to learn.
mishra Posted May 22, 2023 Posted May 22, 2023 13 hours ago, Khota said: Why is India growing? Are you proud of the rate of growth? And please name any advanced economy carrying out this uncertainty. I am here to learn. Yes absoluteltely. Indian trade component in GDP is around 1 trillion(nearly 25%) and that is ass good as it can get. You could answer Yes or no to my simple questions and then i will give names of several countries. Also not just one particular denomination of note but many.
bharathh Posted May 22, 2023 Posted May 22, 2023 16 minutes ago, diga said: Facts dont lie They don't matter to some
Khota Posted May 22, 2023 Posted May 22, 2023 1 minute ago, bharathh said: They don't matter to some Facts do matter a lot. The question was the underline reason for growth, not the percentage growth. Please respond to the question. Are you OK with Rs 2000 withdrawl because of the whims and fancies of BJP?
bharathh Posted May 22, 2023 Posted May 22, 2023 3 minutes ago, Khota said: Facts do matter a lot. The question was the underline reason for growth, not the percentage growth. Please respond to the question. Are you OK with Rs 2000 withdrawl because of the whims and fancies of BJP? I am thrilled with the withdrawal of Rs. 2000 note. Highest denomination should be Rs 500 in cash. Makes hoarding of money very difficult. All large value transactions should be done digitally for tracking and cross-referencing vs income. In fact, they should keep changing removing 500 Rs older than 10 yrs from circulation on a rolling basis going forward. For reasons for growth pls read - https://pib.gov.in/PressReleasePage.aspx?PRID=1894932. LordPrabhzy 1
bharathh Posted May 22, 2023 Posted May 22, 2023 One more from a neutral source for those that don't believe govt sites https://www.worldbank.org/en/news/press-release/2023/04/04/indian-economy-continues-to-show-resilience-amid-global-uncertainties
mishra Posted May 22, 2023 Posted May 22, 2023 (edited) 13 minutes ago, bharathh said: I am thrilled with the withdrawal of Rs. 2000 note. Highest denomination should be Rs 500 in cash. Makes hoarding of money very difficult. All large value transactions should be done digitally for tracking and cross-referencing vs income. In fact, they should keep changing removing 500 Rs older than 10 yrs from circulation on a rolling basis going forward. For reasons for growth pls read - https://pib.gov.in/PressReleasePage.aspx?PRID=1894932. Yes, post demo, Rs 2000 notes denomination was only complaint by masses as preferred method of people keeping cash Edited May 22, 2023 by mishra bharathh 1
Khota Posted May 22, 2023 Posted May 22, 2023 19 minutes ago, bharathh said: I am thrilled with the withdrawal of Rs. 2000 note. Highest denomination should be Rs 500 in cash. Makes hoarding of money very difficult. All large value transactions should be done digitally for tracking and cross-referencing vs income. In fact, they should keep changing removing 500 Rs older than 10 yrs from circulation on a rolling basis going forward. For reasons for growth pls read - https://pib.gov.in/PressReleasePage.aspx?PRID=1894932. You are, but it will slow Indian economy down. Uncertainty is never good for the economy.
bharathh Posted May 22, 2023 Posted May 22, 2023 2 minutes ago, Khota said: You are, but it will slow Indian economy down. Uncertainty is never good for the economy. The kind of economic boost we get from the informal economy should be kept to minimum. 2000 has not been demonetized though... How will it affect the economy? someone 1
Khota Posted May 22, 2023 Posted May 22, 2023 47 minutes ago, bharathh said: The kind of economic boost we get from the informal economy should be kept to minimum. 2000 has not been demonetized though... How will it affect the economy? Did you not see several shops close in Delhi last week? Any disruption slows the economy down.
coffee_rules Posted May 22, 2023 Posted May 22, 2023 In my recent trip , noticed that Indians hardly use cash, you buy, you scan and pay, even small mom n pop stores, vegetable vendors and street food .
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