Owaisi Cryptic 5 Ques To PM Modi Over Rs 2000 Note Withdrawal Create Suspense
Interestingly, he also pulled in Microsoft co-founder Bill Gates and Better Than Cash Alliance. -- aaa
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Interestingly, he also pulled in Microsoft co-founder Bill Gates and Better Than Cash Alliance. -- aaa
The central bank will withdraw from circulation the high-value Rs 2,000 note, which was introduced in November 2016 just after demonetisation. People can exchange or deposit their Rs 2,000 notes between May 23 and September 30.
Opposition leaders have criticised the government over the central bank's announcement that it will withdraw Rs 2,000 notes from circulation. They have compared the move to the overnight ban of high-value currency notes in November 2016.
The Reserve Bank of India (RBI) on Friday made the surprise announcement but gave the public time till September 30 to either deposit Rs 2000 notes in accounts or exchange them at banks.
On November 8, 2016, in a speech to the nation, Prime Minister Modi announced that his government was demonetising all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series.