Certainly, this is promising start.
We need more alternatives to reach faster to the destinations other then Air travel.
Sometimes I prefer trains over flight and if there is such option available it would be great.
You can have all the tools in the world but if you don't genuinely believe in yourself, it's useless.
Yup, totally agreed. Travelling from Bangalore to Bombay by air:
Time taken to fly from Bangalore to Bombay (1100 KMs) = ~90 minutes
Time taken reaching Bangalore's f***ing airport (which happens to be actually built in land that's within Andhra Pradesh's legal territory) from Bangalore city (35 KMs): Guess. OK, wait for it... ~90 minutes
Sure, I'm not flying from Bangalore city to its airport, but what the f***. 90 minutes to cover 35 KMs on a good day?! And don't get me started about one of those bad days.
Last time I drove to the Bangalore airport from Whitefield, it took OVER 130 minutes at peak hour traffic in the evening. I just hate it when that happens.
I think 1 Lakh should be the upper limit, but 3 Lakhs will be a decent start if anything. And make it illegal for anyone to keep more than say, 5 Lakhs in cash will be good. I don't see why would anyone need to store that kind of cash unless they're a bank of some sort.
I also think that ALL monetary transactions as much as possible must be made electronic only, and make exceptions for a few ones that are impractical.
Well 1 lakh wont work at airports and money exchange.
When Person comes from USA or Europe, he is allowed to come with 10 K USD.. . If he decides to exchange even 2000 euros in airport..
He get screwed.
But I would be really happy if any government transaction is cashless.
Best solution to bring out black money is make new notes for 500 and 1000 INR.
People hoarding those will have to come out or else it becomes worthless..
Too much of good is bad,mix some evil in it