All transactions happening above 50,000 Rs should be through credit card, check or DD. And PAN number should be provided. With this we can minimize these illegal transactions.
Cheap instrument to identify fake notes. Education to public how to identify fake notes.
RE:Reduce cash transactions..
by Mars on Feb 13, 2008 01:25 PM Permalink
My friend...why Indian citizen should suffer?
Address the root cause -
1) remove/punish bribe taking authorities at the border
2)harsh punishment for faking the currency
3)eliminate the traitors within the country
4) most important - encourage use of electronic and plastic money...minimise movement of hard cash....in this way security agencies can monitor all transactions sitting in their office...fast and cheaper way of controlling this menace.
5)last - follow the trail of Dawood and make him run for his life...send killer squads to elimiate him..whereever he may be...
