Yes, it is really a big news for people living in India. Prime minister Modi ji announced that the currency note of Rs500 and Rs1000 will no longer be legal transaction currency. This big announcement was made by PM of India in order to stop #blackmoney and corruption.
This will be into action from the mid night of 8th of November 2016.
You can’t use Rs 500 and Rs1000 for any kind of transactions into your personal affairs but still Govt. bodies like hospitals and other can accept these currency notes till 11th of this month. People can return these currency notes into banks or other Govt. bodies where money can be deposited. And soon RBI is going to print #Rs2000 & #Rs500 all new and secured so corruption can be removed from its root.
Therefore you should deposit Rs500 & Rs1000 in banks or post offices December 30.
This step can be proved as surgical strike against black money or people who prints fake currency and hit the economy of the country.
Twitter, Facebook, Instagram and every other social media is now flooded with this big news and can’t handle the high traffic of this thing. People are going to face many problems as well but this move by PM of India is being appreciated and Modi ji is being called as the lion who is killing the roots of Black money.
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