Thursday, 10 November 2016

500 AND 1000 NOTE CURRENCY NOT REMAIN LEGAL TENDER

BAN ON 1000 AND 500 NOTES
#As per honorable prime minister massive announcement about the ban on 500 and 1000 currency notes at 8 pm on Monday, the 500 and 1000 currency notes no longer remain legal tender.

Its a well planned strategic decision taken by our prime minster with reserve bank of  India, its all started about 1 yr back when government links the Adhaar number with bank account so that all the information regarding all bank account holder will provided to income tax department, government put spy eye on all peoples. 

Then the timings of  announcement took all credit as government was very aware of the fact that all business houses, jewellery shops and most essential share market cannot accept transactions after 8 pm. And therefore all black money holder cannot pay any transactions after 8 at any illegal activities

 

#Instead of 500 and 1000 Rupee notes RBI will be issuing 2000 rupee notes which will be a regular currency circulation over India.
All those people who are worrying what to do with the stacks of 500 and 1000 notes, need not to glaze and run punching on the government. Because they have released a statement saying that all the remaining 500 and 1000 rupees notes are to be deposited at neat by Post OfficesWell Indian finance is sure going to face chaos by the demoing plans of our beloved Prime Minister Narendra Modi. So, most of you might be wondering what more topics have been discussed and stated during this speech. So I have posted all of them below.• Sab ka sarkaar, sab ka vikas – governance and progress for all is our motto. We are focused on empowerment of the poor. A series of schemes we have introduced all aim at this. This is a government for our farmers.• Corruption and black money are diseases rooted in this country, they are obstacles to our success.• We are among fastest-growing economies, but we also rank so high in global corruption rankings.• Terror strikes at the innocent. Who funds these terrorists? Across the border, our enemy uses fake currency and dodgy funds to sponsor terror – this has been proven repeatedly.• Terror strikes at the innocent. Who funds these terrorists? Across the border, our enemy uses fake currency and dodgy funds to sponsor terror – this has been proven repeatedly.• When you elected this government in 2014, world was talking about India being shaky economically. But India is now an economic star – this is what IMF and World Bank are saying.Commoners over social media networks like Facebook and Twitter has started trolling the decision made by Indian government Prime Minister Narendra Modi. This issue might seem going easy but would turn into a chaos if government takes no necessary steps to circulate money correctly.

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