Some of the Myth about Recent demonetization and their actual realities are :
Myth 1 : PM is going to address the Nation again , announcing demonetization of 100 & 50 rupee notes
Reality : Baseless ; No Intention of cancelling legal tender status of Notes of any other denomination
Myth 2 : Information was leaked to select Corporate House and party members in advance
Reality : Complete secrecy was maintained ; no leakage of government's intention to any section
http://www.livemint.com/Politics/Mnyg6nKj6IXkbQ53pjGdGN/Modi-asks-BJP-MPs-MLAs-to-submit-bank-account-details-to-Am.html
Myth 3 : The implementation cost is more than the benefits
Reality : The parallel economy corrodes and eats in to the vitals of the Country's Economy , adversely affecting the poor and middle classes more than the Others
Myth 4 : The Demonetization process is only for Show . people will find other means to keep black money . Already industries and mechanisms are springing up to address this demand
Reality : Enforcement agencies are keeping necessary watch ; besides , amendments made also in Benami Transaction Act and Information sharing with Foreign Governments to Check Black Money
All You need to know about : Benami Transaction Bill
http://www.thehindu.com/news/national/All-you-need-to-know-about-benami-transactions-Bill/article14500932.ece
Myth 5 : New Notes have Chips embedded in them to trace black money Hoarders
Reality : No Such Chips are embedded in the New Notes
Myth 6 : The new Rs .2000 notes are of Inferior quality ; their color Comes off
Reality : Currency notes have a Security feature called intaglio painting . The First test for a genuine currency note is to rub it with a Cloth ; this creates a turbo-electric effect , transferring the ink Color on to the cloth
Myth 7 : Government is going to Introduce demat format for all land records , which will make all paper record Useless
Reality : Digitization of land records , to prove title , is an ongoing process ; Government continue to support this process
http://nlrmp.nic.in/
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