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Note Ban Brought Down Prostitution

By:  Tupaki Desk   |   8 Nov 2017 12:00 PM GMT
Note Ban Brought Down Prostitution
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Union Law Minister Ravi Shankar Prasad declared Prostitution and Trafficking of women and girls had been reduced due to demonetisation. 'Because of the Flesh Trade, Huge amount of cash in Rs 500 and Rs 1000 notes used to flow to Nepal and Bangladesh. This has comes down substantially after the launch of demonetisation,' he said on the eve of Note Ban first anniversary.

Ravi Shankar Prasad states Terrorist and Naxal Activities were badly affected due to Note Ban. He cites the fall in the number of stone-pelting incidents in Kashmir after demonetisation as an example.

The Union Minister claims Note Ban increased the Provident Fund and Insurance Cover of Employees. He added, 'I have the data to prove Digital Transactions have increased'.

Mr.Prasad didn't spoke about the main objective of Demonetisation, Black Money. What about the countless loopholes which made the lives of common man miserable and helped the rich convert their black money to white?