Positive aspect :
# It has exposed people irrespective of rich and poor to formal organisation like Bank and Income tax department.
# The conterfeit money circulating in economy will come to end and this will keep control on unaccounted money .
# It could not be attack on black money, because huge amount of black money is in form of shareholding, participatory- notes, in real state and overseas bank.
# If the problem was related with the notes of big denomination then announcement of issuance of same notes is self defeating.
# First , this steps was to bring those money in jan dhan account which was lying in the homes of billions.
# Latter , this step may also increase the range of income tax net to even small business who were till now exempted.
By Shivendra kumar
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