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“Rs 1,000 note will be back, Rs 500 note was always there. The government has made a mockery of the economy which has led to inflation and unemployment,” Raut said
You have from May 23 to Sept 30 to deposit these notes in your bank account or exchange them for other denominations. But you can exchange only 10 notes at a time. Why has the RBI done this?
This decision will cause disruption across the economy, from households to real estate and informal market for gold to state elections
Interestingly, he also pulled in Microsoft co-founder Bill Gates and Better Than Cash Alliance. -- aaa
Former principal secretary Nripendra Misra, who oversaw the last demonetisation in 2016, said the poor and middle class don’t use Rs 2,000 notes and the prime minister was clear that he didn’t want the poor to be affected