Manipur’s black money

On Friday afternoon, news reports said the Reserved Bank of India, dispatched to Manipur, Rs. 107 crores in the new Rs. 500 and Rs. 2000 currency notes as well as in the older smaller denomination to facilitate it in the nationwide transition of currencies ever since the old Rs. 500 and Rs. 1000 denomination currency […]

On Friday afternoon, news reports said the Reserved Bank of India, dispatched to Manipur, Rs. 107 crores in the new Rs. 500 and Rs. 2000 currency notes as well as in the older smaller denomination to facilitate it in the nationwide transition of currencies ever since the old Rs. 500 and Rs. 1000 denomination currency […]

Read more / Original news source: http://kanglaonline.com/2016/11/manipurs-black-money/

Impact on the commoners

It is not only the filthy rich, Narendra Modi’s sudden move of demonetization has severely affected the common people also. Panic and a frenzied rush for deliverance are evident everywhere in the country. The target of Prime Minister Modi’s move may have been the rich which has lakhs and crores of rupees black money stashed […]

It is not only the filthy rich, Narendra Modi’s sudden move of demonetization has severely affected the common people also. Panic and a frenzied rush for deliverance are evident everywhere in the country. The target of Prime Minister Modi’s move may have been the rich which has lakhs and crores of rupees black money stashed […]

Read more / Original news source: http://kanglaonline.com/2016/11/impact-on-the-commoners/

Currency demonetisation: RBI got 6 months to prepare for this

NEW DELHI: Around six months ago, the government asked the RBI to prepare for its latest assault on black money, and told the currency manager to print more Rs 50 and Rs 100 notes, with PM Modi having decided to phase out the current lot of Rs 500 and Rs 1,000 notes earlier this year. […]

NEW DELHI: Around six months ago, the government asked the RBI to prepare for its latest assault on black money, and told the currency manager to print more Rs 50 and Rs 100 notes, with PM Modi having decided to phase out the current lot of Rs 500 and Rs 1,000 notes earlier this year. […]

Read more / Original news source: http://kanglaonline.com/2016/11/currency-demonetisation-rbi-got-6-months-to-prepare-for-this/

PM Narendra Modi Says Rs 500 And Rs 1,000 Notes Being Discontinued

New Delhi: Prime Minister Narendra Modi, addressing the country tonight, announced that Rs 500 and Rs 1000 notes will not be used from midnight onwards. The Rs 500 and Rs 1000 notes must be deposited at post offices and banks by the end of December, the PM said, adding the move was essential to fight […]

New Delhi: Prime Minister Narendra Modi, addressing the country tonight, announced that Rs 500 and Rs 1000 notes will not be used from midnight onwards. The Rs 500 and Rs 1000 notes must be deposited at post offices and banks by the end of December, the PM said, adding the move was essential to fight […]

Read more / Original news source: http://kanglaonline.com/2016/11/pm-narendra-modi-says-rs-500-and-rs-1000-notes-being-discontinued/