The government of India on Tuesday left a silent bomb on the people to ban Rs 500 and RS 1000 notes. By making this dare move, PM Narendra Modi said that the Government is aiming to control black money and terror activities across the country. It has been appreciated by all but the sudden decision of prohibiting Rs. 500 and 1000 notes throw the ordinary people in difficulties.
The common public is facing problems from November 8th midnight for exchanging 500 and 1000 rupees notes. Public are standing in lines in Government offices, general stores, Railway booking counters, ATMs and in petrol pumps. After watching the situations, Government has announced few instructions to get new Rs. 500 and 1000 notes and also passed orders to all banks to work on this weekend for taking deposits and money exchange.
Ban of Rs. 500 and 1000 effect: Amazon Stops COD option, Flipkart and Snapdeal Orders Restricted to Rs 2000
Everyone knows that Government is going to release new Rs. 1000 and 500 notes. But latest update is that 1000 Rupees Note will make a comeback soon with new design and dimension. Shaktikanta Das, Economic Affairs Secretary today revealed that “The new 1000 Rs note will be brought a new dimension and design and Government is also making works on this.”
Exciting news has come to limelight today about the new currency. Few Government officials revealed that apart from Rs.1000 note, Government is planning to launch new Rs. 10, 50, 100 notes in future.
PM’s Surgical Strike: Rs 500 and Rs 1,000 currency notes banned, New Rs 2,000 note to be out on 10 November
After watching the public problems, Government has passed few orders to help commuters. The inactive Rs 500 and 1000 notes will be accepted at respected banks and post offices until the end of the year and how to exchange or deposit the cash had already given clearly.
Delivering one of the India’s biggest-ever economic upset, Prime Minister Narendra Modi on Tuesday said that to check black money we made a massive attempt. However, from today morning banks were filled with huge crowds and delays in transitions. Bank employees faced severe problems, and senior citizens said that no facilities had been provided by the Govt to help them.
The government has already informed to Government based organizations, Bus bookings, Railways, Government hospitals and petrol pumps authorities to accept Rs. 500 and 1000 notes till November 11th midnight. The national highways will also not charge any toll till Saturday to help the public.