Rs. 1000, Rs. 500 currency notes stand abolished from midnight: PM
"We need to take a new solid step to fight black money," Modi said.
"From now on, Rs. 500 and Rs. 1000 notes will not be used," Modi said.
"Have 50 days to turn them into banks and post offices," he announced.
He said corruption and black money issues are diseases which are hurting the nation.
"Black money, corruption and terrorism have been biggest threats to the nation," Modi said.
"Enemies from across the border are pushing fake currencies into India," said he.
PM Modi also urged all citizens to cooperate with the new move.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
