Demonetization of Rs. 500 and Rs.

1000 notes is the biggest buzz in Indian political and news

arena. There so much good and bad said about this that public is confused why its been done and
what is its impact. As this is a hot topic in India right, we think that various school and colleges
must be adding this important subject in their speech or essay competition. If you are school
going student, then you might expect this topic in the exam for essay and paragraph writing. So,
we decided to write a core article which can be used in shorts speeches, essay, and paragraph
writing with some modification as per format. And we know that you are smart enough to
convert this core information in various format.

You might like to check our other article on Corruption in India.

So, lets jump into the topic. We have divided demonetisation article into 3 major parts. We will
start speech or essay with introduction and status of the topic and then we will have the
importance of demonetization where we will discuss it in more details. And finally, we will
conclude the topic.

Skip to Hindi Speech version

Speech Introduction

Good morning all. Today I would like to speak about the one of the most important thing
happening in India; Demonetization. In this speech, I would like to draw your attention to why
its been done? Who did it? Whats the impact of it? I am trying my best to make this speech a
neutral one. I am just a high school student, I am not affiliated with any political party, yet .
Let start with what actually demonetization is.

Introduction to Demonetization in India and Its Status

So, what the demonetization? As per Investopedia, a demonetization is an act of removing the
legal status of currency as Legal Tender. Means old notes or even coins must be retired and
replaced with new ones or completely new currency can be introduced like Rs. 2000 note which
was not available earlier.

On 8th November, PM Modis announcement was the breaking news across India. Rs.500 and Rs.
1000 notes (currency) are made illegal from a stroke of midnight. One might think, why its been
done? Indian governments goal was to remove all counterfeit (fake) currency from the market
which is used in tax evasion, corruption and even in funding terrorist activities. These two
currency notes are the most used currency in the Indian market, it had 86% share in the market.
This was a very big and risky decision and as some aptly said it is a Masterstroke. Some even
say it is a Surgical Attack on black money. In simple words, old Rs 500 and Rs. 1000 notes are
worthless now, they are just a piece of paper.

The opposite of demonetization is remonetisation, which means restoring the demonetized

currency as legal tender. And a lot of political parties from the opposition are fighting for it.
Impact of demonetization within India and foreign Relations

Demonetization has a big impact on Indian market and citizens like you and me. People flocked
the banks to changed their currency and stood in long lines in front of bank and ATMs for hours
to draw their money. Surely, we have problems in but we also need to understand the importance
of it. Just imagine if it was told a month ago, then all black money launderers could have
managed their money in this or that form. Thats why it has to be a sudden and surprise act.

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Follow the given link to find the more short speech, essay or paragraph topics.

Conclusion

To sum up everything, I would say; demonetization was a really a masterstroke. It will help in
fighting against corruption, black money, and tax evasion. I as Indian stand strongly behind
this move. Though all good said about this, I think the way it was planned and handled could
have been better. Otherwise, I support the demonetization.

Speech Ending

I would like to thank principal madam for allowing me to speak about demonetization. I hope
this speech have helped you a bit in understanding what is going on and whats been done. On
that note, I will stop now. Thank you very for listening to me.

Tips for Demonetization Short Speech

Try to learn more facts about the topic, dont just mugged up the speech script. If you
know more stuff you can deliver your speech with more confidence.

Recite the speech in front of friend and family several times or even you can do it in front
of the mirror.

To have a winning speech, along with words you need to add passion and emotions to
speech.

Use bold phrases from the above speech as punch lines.

 Here are some tips and guidelines for anchoring speech script, this might help you a
bit more.

Tips of Essay and Paragraph Writing

You dont need to put headlines in the essay, but you can add them for paragraphs.

The paragraph will much shorter than the essay, pick up important lines from each
section to accommodate as a paragraph.

I am not a native Hindi speaker, but here I tried to translate the demonetization speech or essay in
Hindi. I might have done some Hindi typo mistakes or Hindi grammar mistakes. Please let me
know if any correction required.

Demonetization Speech in Hindi

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Let us know if this article helped you in your speech, essay or paragraph preparations. Leave a
comment in comment box. We are happy to get responses. You can also a suggest correction, we
are open for it.