Tag Archive: fake currency

Jan
09

The Recent Demonetization and its Aftereffects

The Modi Government on November 8, 2016 demonetized Rs.500 and Rs.1000 notes amounting to Rs.15.44 lakh crores which accounted for around 85 per cent of the cash in circulation. The last date for surrendering the demonetized notes to the banks in the normal course was December 30, 2016. The Government was probably hoping that around …

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