(Source: BloombergQuint)

Modi’s Real Surgical Strike On Black Money

In a surprise move, the government has decided to scrap Rs 500 and Rs 1000 currency notes, starting midnight, Prime Minister Narendra Modi said in a media briefing. The notes in circulation will have to be deposited to banks by the end of December.

While most market participants and economists lauded this as a bold move that will help tackle the problem of black money, others said there may be operational challenges.

Modi’s Real Surgical Strike On Black Money
Modi’s Real Surgical Strike On Black Money
Modi’s Real Surgical Strike On Black Money
Modi’s Real Surgical Strike On Black Money
Modi’s Real Surgical Strike On Black Money
Modi’s Real Surgical Strike On Black Money
Modi’s Real Surgical Strike On Black Money
Modi’s Real Surgical Strike On Black Money