Discussion Demonetisation of old Rs. 500 and Rs. 1000 currency notes

[Jas]

I also bro, for his intelligent, I respect him

He came as a refugee from Pak Punjab during 1947 partition,worked hard and rest is history.

His prediction about Demo comes true.

 

[Sai Jai]

Banknotes printing cost rose to nearly Rs 8,000 crore in demonetisation year: Govt

Just 1 word i***ts

 

[Jas]

Banknotes printing cost rose to nearly Rs 8,000 crore in demonetisation year: Govt

Just 1 word i***ts

Are they really so stupid or what?
Experimenting non-sense things and wasting public money.

There are good,bad and average governments but modi is just another level.

 

[Bapun]

"Notes Ban Wasn't A Jhatka, Had Warned People A Year Earlier": PM Modi

The sudden move to ban high-value currency notes in 2016 was not a "jhatka" (shock) as people with black money were warned a year earlier, Prime Minister Narendra Modi said in an interview to news agency ANI today, defending demonetisation.

"We had warned people a year before, that if you have such wealth (black money), you can deposit it, pay penalties and you will be helped out. However, they thought Modi too would behave like others so very few came forward voluntarily," PM Modi said.

 

[Siva]

"Notes Ban Wasn't A Jhatka, Had Warned People A Year Earlier": PM Modi

Does he mean there's no black money now!!

 

[Sumanth]

Does he mean there's no black money now!!

I suspect there is much more now with the 2000 rupee note

 

[Viki]

RBI stops printing Rs 2,000 notes; govt believes high denomination currency being used for hoarding, tax evasion

RBI stops printing Rs 2,000 notes; govt believes high denomination currency being used for hoarding, tax evasion - Firstpost

 

[Sumanth]

govt believes high denomination currency being used for hoarding, tax evasion

Even a dimwit like me figured that out within half hour of announcement of demonetization

 

[id_866]

All bank employees got good commission from demonetization. Govt gave a opportunity to convert black money to white money. Thanks to modi

 

[Bapun]

First they spent crores on calibrating the ATM machines for the 2000 rupee note and now they would eventually need to redo it.

I still wonder why there is still no 1000 rupee note, apart from that the quality of 2000 rupees note is so bad that they would more or less disintegrate in the next couple of years!

Seriously insane moves.