In a biggest shock of Narendra Modi’s Prime Ministerial term, the government has declared Rs. 500 and Rs. 1000 notes to be invalid. Citizens can get their existing notes exchanged at banks within a designated period.
Twitter, predictably, has exploded at the news. Some people are thinking of the implications of this move.
Prime Minister Modi Says Rs 500 and Rs 1000 Notes Will Be Banned From Midnight.
Hafiz Saeed And Fellow Terror Financers Become Jobless.
— Sir Ravindra Jadeja (@SirJadeja) November 8, 2016
Totally amazing move, brilliant. Will have a hugely positive impact on multiple sectors esp digital payments companies https://t.co/0cOdjp57Hk
— Shailendra J Singh (@singh_sequoia) November 8, 2016
This decision of PM @narendramodi is a surgical strike on menace of corruption and black money.
— Amit Shah (@AmitShah) November 8, 2016
Property markets in northern and western states are going to crash. #5001000notesbanned
— Vikas Malpani (@vikasmalpani) November 8, 2016
While others are still able to see the lighter side.
— Fukkard (@Fukkard) November 8, 2016
First time in history a Gujju has rejected Rs. 500/- & Rs. 1000/- notes
— Atul Khatri (@one_by_two) November 8, 2016
Railway stations and airports will allow Rs 500 and Rs 1000 notes till November 11, so that all people with black money can push off.
— Ramesh Srivats (@rameshsrivats) November 8, 2016
Can't wait to give away all my 500 buck notes in a wedding lifafa.
— Sahil Shah (@SahilBulla) November 8, 2016
Damn. A lot of beds in Gujarati households are going to seem uncomfortable tonight
— Rohan (@mojorojo) November 8, 2016