Modi’s Real Surgical Strike On Black Money
In a surprise move, the government has decided to scrap Rs 500 and Rs 1000 currency notes, starting midnight, Prime Minister Narendra Modi said in a media briefing. The notes in circulation will have to be deposited to banks by the end of December.
While most market participants and economists lauded this as a bold move that will help tackle the problem of black money, others said there may be operational challenges.
Also Read: Currency Notes Of Rs 500 And Rs 1,000 Will Not Be Legal Tender Starting Midnight
Urgent message to anyone who robbed a bank tonight: You just got robbed...
November 8, 2016Also Read: Why The Rush? Government Moves To Scrap Large Currency Notes Overnight
Also Read: Modi's Real Surgical Strike On Black Money
Also Read: Withdrawal Of Currency Notes: The RBI Explains
Also Read: Rs 500 and Rs 1,000 Notes Scrapped: One Stone That Kills Several Birds
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