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82 Percent Indians favour PM Narendra Modi’s Demonetisation Move to counter Corruption: Survey

The survey garnered almost five lakh responses with the participation of 2,69,393 app users

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old notes to become illeagal by 2017
Indian Currency. Pixabay
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New Delhi, Nov 14, 2016: As many as 82 percent Indians favour the government’s decision to demonetize Rs 500 and Rs 1,000 denomination currency notes, a survey has said.

According to the survey by Inshorts in collaboration with IPSOS, 84 percent of the respondents think the government is serious about curbing black money, while 52 percent disagree with the decision to cap ATM withdrawls to a maximum of Rs 2,000 (since increased to Rs 2,500) daily.

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Inshorts is India’s highest-rated news app while IPSOS is a global market and opinion research specialists.

The ‘Pulse of the Nation’ survey was conducted on November 8 and 9, soon after Prime Minister Narendra Modi announced scrapping of Rs 500 and Rs 1,000 currency notes.

The survey garnered almost five lakh responses with the participation of 2,69,393 app users.

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“The survey clearly shows that majority of respondents hailed the demonetisation. The government’s strategic clampdown on black money and tax evasion has surely gone well with the young and urban India,” said Amit Adarkar, CEO of IPSOS India.

More than 80 per cent of those surveyed were below the age of 35 and belong to one of India’s top 10 metros and cities — New Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Pune, Hyderabad, Ahmedabad, Chandigarh and Lucknow. (IANS)

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  • Manoj Varughese

    This is the biggest joke. Well according to some finite app Indian users? Go figure there are Indians outside the app-credit card-paytm-uber-flipkarty bubble that would obliterate these bogus numbers for the sake of supporting this move. Wake up, Newsgram. Report from the perspective of aam aadmi…do not tarnish the reputation.

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Demonetisation Anniversary: BJP acts cheeky, releases new video showing Frustration of ‘Corrupt’ Politicians following Demonetisation

The one-minute video, which is now going viral on social media, has already been re-tweeted more than 2 thousand times since it was released on November 7, on the eve of demonetization move.

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Demonetisation Anniversary
Screen grab of the sarcastic video released by BJP to mark Demonetisation Anniversary. Twitter

New Delhi, November 8, 2017 : On November 8 2016, every Indian citizen sat glued to their TV screens as Narendra Modi was set to make a big announcement. Outcome? The Indian Prime Minster shocked the entire nation with the introduction of Demonetisation, a move that was to change the very foundation of the cash-dependent Indian economy.

The much-debated move by Modi garnered the attention of several well-versed economists from the country and abroad, alike. While some people willingly welcomed the move, there were others who stood in staunch criticism.

As the move completes its first year, the Bharatiya Janata Party (BJP) is set to observe November 8 as ‘anti-black money day’ to celebrate Demonetisation anniversary in the country.

On the eve of the Demonetisation anniversary, the BJP released a cheeky video claiming to depict how ‘corrupt’ politicians have been criticizing the move, as the nation won following demonetisation.

WATCH BJP’S TONGUE-IN-CHEEK VIDEO

In the video, the BJP attempted to take a dig at corrupt politicians, who have been criticizing PM Modi’s Demonetisation move.

In the video, a woman, playing the character of a frustrated, corrupt politician can be seen going on a rant over PM Modi’s note ban initiative, which was aimed to combat black money, corruption, fake currency and terrorism.

The video ends with a voice-over saying demonetisation has not only brought out this frustration of corrupt citizens, but also black-money, claiming that almost 99 per cent cash which was previously lying hidden with people has now entered the banking system.

The one-minute video, which is now going viral on social media, has already been re-tweeted more than 2 thousand times since it was released on November 7, on the eve of demonetization move.

Ahead of the Demonetisation anniversary, the last few days have witnessed several leaders present their opinions on PM Modi’s demonetization move.

Finance Minister Arun Jaitley called PM Modi’s note ban initiative a ‘watershed moment’ while Piyush Goyal, Minister of Railways believes the move has pushed India towards a more transparent economy.

However, the move is being criticized by ex-Prime Minister Manmohan Singh calling it ‘irresponsible’. The opposition maintains that PM Modi’s note ban initiative has caused reckless damage to the country and the Indian economy.

On Demonetisation anniversary, the BJP is set to observe November 8 as ‘anti-black money day’, while opposition leaders are set to observe the day as ‘black day’ in protest against the note ban initiative.