Submit :
News                      Photos                     Just In                     Debate Topic                     Latest News                    Articles                    Local News                    Blog Posts                     Pictures                    Reviews                    Recipes                    
Yes, India can become corruption-free
India can develop into a nation with zero level of corruption, but how is it possible? Just imagine that every single monetary transaction across the nation get tracked and documented along with the source from where it's earned or spent. The outcome shall be zero possibility of under the table money transactions.

NOW THE question is how is it possible? The remedy is simple: government has to discontinue the paper currency and introduce plastic money; the move shall open enormous opportunities in banking sector, resulting in millions of jobs in infrastructure, IT, Technology and of course in banking sector itself.

Billions of citizens shall get identical ID proof. Every trader, hotel, shop owner, every institution or entity where monetary transaction happens shall keep the swipe machine.

Millions of self-employed individuals shall come under the preview of income tax, as in current scenario there is no tracker to authenticate the turnover declared by the self-employed individuals and manufacturers.

Imagine billions of Indians bound to pay tax fairly; not even a single transaction remains un-noticed. Zero possibility of accepting or offering the bribe, as every transaction will take place through cards and will be tracked.

There will be cons as well, if government ever introduces the plastic currency; there shall be threat to security, as everything will be online; threats posed by hackers will always remain but benefits are much more than the threat itself.

Editorial NOTE: This article is categorized under Opinion Section. The views expressed in this article are solely those of the author and do not necessarily represent the views of In case you have a opposing view, please click here to share the same in the comments section.
Email Id
Verification Code
Email me on reply to my comment
Email me when other CJs comment on this article
Sign in to set your preference
merinews for RTI activists

Not finding what you are looking for? Search here.