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Reason Behind Banning 500rs & 1000rs Indian Notes, New Notes Images

Reason Behind Banning 500rs & 1000rs Indian Notes, New Notes Images : 

Banks will be shut tomorrow. It will bring about some hardship to you….Let us overlook these hardships… In nation’s history, there comes a minute when individuals will need to take an interest in the country building and reproduction. Not very many such minutes come in life,” Modi said.

Modi’s declaration comes days after a few pioneers recommended that coin notes of Rs 1000 and Rs 500 categories ought to be abrogated to check dark cash in the nation.

Reason Behind Bannig 500rs & 1000rs Notes

Highlights From Narendra Modi : Why 500rs & 100Rs Notes Banned :

  • From midnight, notes of Rs 500 and Rs 1000 will stop to be lawful delicate. 
  • Nationals will have 50 days – between November 10 and December 30 – to give in notes of Rs 1000 and 500 at post workplaces and banks. 
  • Those not able to present all their old money notes inside the due date, will have the capacity to do as such at the Save Bank of India up till Walk 31, 2017 by giving a revelation. 
  • ATMs won’t work on November 9, and on November 10 in a few spots. 
  • For 72 hours, until the midnight of November 11, government doctor’s facilities, government-approved customer stores like drain corners and ticketing counters, will keep on accepting the old Rs 1000 and 500 notes. 
  • RBI’s proposition for new Rs 2000 note has been acknowledged. 
  • All banks will stay shut on November 9 for open work. 
  • This administration is focused on poor people: PM Narendra Modi in deliver to the country. 
  • Notwithstanding two years of nonstop dry season, in the last two-and-half years, India has made its nearness felt in the worldwide economy. 
  • We are among the quickest developing economies, however we likewise rank high in worldwide defilement rankings 
  • Dark cash and debasement has taken roots in the nation, these are the greatest deterrents in annihilating neediness. 
  • India’s normal residents experience their lives sincerely. Yet, dark cash, debasement make the country empty from inside. 
  • In the last two-and-half years, in any event Rs 1.25 lakh crore of dark cash has been recouped.

This is the main reason when we will not be using old 500rs & 1000rs notes.

New 500rs, 1000rs & 2000rs Notes Images, Pictures

Executive Narendra Modi today declared that Rs 500 and Rs 1000 banknotes would be pulled back from the budgetary framework at midnight, saying it was a piece of a crackdown on wild debasement.

In a phenomenal move, Head administrator Narendra Modi tended to the country through Doordarshan, India’s state TV. He is booked to meet President Pranab Mukherjee after his broadcast.

This is the first run through Modi tended to the country in this way since he was chosen over two years back. The address will be first in Hindi, trailed by an English broadcast.

Modi’s deliver to the country comes toward the day’s end in which he met the three head of the military – Armed force Boss Dalbir Singh, Naval force Boss Sunil Lanba and Indian Aviation based armed forces Bad habit Boss BS Dhanoa – to survey India’s security taking after the strain with Pakistan.

National Security Guide Ajit Doval was additionally present at the meeting. The Head administrator then led a meeting of his senior pastors.

The meeting came as pressure along the India-Pakistan fringe proceeds, with more than 100 infringement from the Pakistani side since the surgical strikes that India completed on dread platforms in Pakistan-managed Kashmir in the interceding night of September 28-29

See Also: Indian 500rs & 100rs Notes Banned | How To Exchange Old Notes With Bank

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