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

[Jr MGR]

https://twitter.com/x/status/1283845829648760833

Source

 

[iDJ]

Oh! Christ. ₹1 crore worth counterfeit notes recovered in Bengal by cops. Wasn't one of the objectives of demonetization was meant to prevent counterfeit currency? The purpose of demonetization seems nothing but a big economic failure

Source

 

[Sai Jai]

Oh! Christ. ₹1 crore worth counterfeit notes recovered in Bengal by cops. Wasn't one of the objectives of demonetization was meant to prevent counterfeit currency? The purpose of demonetization seems nothing but a big economic failure

Source

Thank God now itself u admit it buddy

 

[iDJ]

Thank God now itself u admit it buddy

I was always against it. I saw many small businesses and people working in real-estate sector suffer infront of my eyes. This was done to paralyse political parties which work brilliantly as their laundered funds became invaluable. Unfortunately, our almost cash based economy had to take a bad toll.

 

[Sai Jai]

This was done to paralyse political parties which work brilliantly as their laundered funds became invaluable

Including BJP party

 

[Sai Jai]

CHENNAI: A special court for CBI cases in Chennai on Monday has closed all cases registered against industrialist J Sekar Reddy and five others for allegedly causing ₹247.13 crore loss to the government by illegally converting demonetised currencies, citing lack of evidence.

Chennai: No proof, CBI drops case on Sekar Reddy | Chennai News - Times of India

No proof as Expected

 

[piinku1]

Btw where is the black money??

 

[Sai Jai]

Btw where is the black money??

Deshdrohi

 

[Bapun]

Four years after #Demonetisation, India is once again a predominantly cash economy—not a ‘cashless’ or ‘less cash’ economy. In 2016, Indians had Rs 17 trillion in cash; today there is Rs 26 trillion in cash around. 15% of GDP is in currency notes, the highest since 1947.

https://twitter.com/x/status/1313707814745825280

Source

 

[Bapun]

Fake note circulation touched record high in 2020

During the year when the country shut down due to the Covid-19 pandemic, the volume of fake Indian currency shot up to record levels.

www.newindianexpress.com