In a recent development, Prime Minister Narendra Modi, in an address to the nation has announced the decision to ban the use of Rs. 500 and Rs. 1000 currency notes WEF midnight of November 9. This decision means that you cannot use Rs. 500 and Rs. 1000 notes for purchases and various other purposes. The move has been taken to curb Black Money and corruption.
Even though the Government has banned the usage of notes, you can still use them for booking railway, airline tickets, and Hospitals till November 11. The Government has also closed down Banks and ATMs on November 9 and 10. You will be able to exchange old notes for new until December 31.
Just after the announcement, Twitter went gaga over PM Modi’s decision. Here are some of the reactions of people on Twitter:
All GMs&officers instructed last night about #DeMonetisation to ensure no public inconvenience Situation monitored #ModiFightsCorruption
— Suresh Prabhu (@sureshpprabhu) November 9, 2016
Ppl who have black money will not like Modi's move, but educated ppl know this is the master stroke by PM #ModiFightsCorruption #BlackMoney
— ✨S✨ (@Sweety_speaks) November 8, 2016
First time in Indian history where people have less money are happier than the people who hv lot of money#BlackMoney #ModiFightsCorruption
— Vivek Kumar Srivastava (@Vk_Srivastav) November 8, 2016
https://twitter.com/itsMayankSharma/status/796073199649882113
3 parties r unhappy @ArvindKejriwal , @MamataOfficial @INCIndia dear voters decide who r really fighting agst crrptn #ModiFightsCorruption pic.twitter.com/Y8tEIThiLI
— Sanjay Rathod (@Sanjay_Vis) November 9, 2016
https://twitter.com/varshasinghmcx/status/796055835579392001
