Recent Survey finds 70 percent think demonetisation can help curb corruption as it is conducted on the eve of the International anti-corruption day, which is observed annually on December 9….reports Asian Lite News

Kolkata: A woman shows the new Rs 500 denomination currency note outside an ATM kiosk in Kolkata on Nov. 20, 2016. (Photo: Kuntal Chakrabarty/IANS)
A woman shows the new Rs 500 denomination currency note outside an ATM kiosk in Kolkata (Photo: Kuntal Chakrabarty/IANS)

As many as 70 percent of respondents in a survey conducted last month agree that the Narendra Modi government’s demonetisation initiative can help curb corruption in the long term, said multinational professional service Ernst & Young (EY) on Thursday.

The sample size was 650.

EY’s Fraud Investigation & Dispute Services launched the survey report on the eve of the International Anti-Corruption Day, which is observed annually on December 9.

The report also says that the 40 percent of respondents said they never attended an anti-bribery and anti-corruption (ABAC) training done by their organisation. Another interesting aspect of the survey is that 15 percent did not know that they may be held responsible for improper activities, which are done on behalf of their organisation.



  1. Public have been optimistic from the beginning itself that demonetisation will help curb corruption and black money in the Country. The long queues before banks and ATMs without much complaints were an evidence for that. Exactly after one month, when we asses the progress there is a gradual change in the narrative from Modi government. At the beginning he called upon the people to join with his mega plan of uprooting all the black money hoarders from the country and urged the country to stay unite under this initiative. Later , after some 2 weeks, he bame more spirited, but not for black money. Government gives more prominence on cashless economy and it seems like they are running behind digital economy and not the black money. So there is a consensus required whether the government is focussed on a mission against black money hoarders and bringing them behind bars or their drive on switching the economy into a cashless one.


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