Demonetization of Currency Notes Cannot Minimize Corruption

प्रधानमंत्री मोदी का यह दावा कि नोटबंदी से भ्रष्टाचार कम होगा सही नहीं है। इसका कुछ अल्पकालिक प्रभाव अवश्य होगा, पर कालाधन जमा होना फिर शुरू हो जायेगा। नोटबंदी से लोगों में सदाचरण थोड़े ही आ जायेगा? आगे पढ़ें …

Satyam Naiva Jayati सत्यं नैव जयति

Demonetization to fight corruption?

This is a sequel to my earlier blog post (dated November 7), which refers to the government’s recent scheme of demonetization of the 500 and 1000 Rupee currency notes, and circulate new 500 and 2000 Rupee notes.

While launching the scheme the Prime Minister (PM) and Finance Minister (FM) claimed that the scheme was an effective tool to fight corruption. Although I support demonetization, yet I would express my contention that their scheme cannot help in fighting corruption in the society in general, and in the government circles in particular.

My argument is that those who indulge in corruption do so because corruption is inherently present in their blood or genes or personality – in whichever way you would like to describe that picture.

Insatiable greed

We should remember that a person indulges in corruption not because one is in dire need of money or…

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