Rs 500 and 1000 Currency Will Be No Longer Valid After Midnight : PM Modi

A customer hands bundle of Indian Rupee currency notes to teller at financial institution in Mumbai

NEW DELHI: The Prime Minister has proclaimed Associate in Nursing extraordinarily explosive in the country’s economic scenario can modification powerfully. From hour tonight to Rs 500 and Rs 1,000 notes are going to be closed. that is 500 and 1,000 rupee notes from hour these days are stopped. Modi in his address to the state these days by saying suddenly stunned and surprised by adding the address of the economic importance.

You have till December thirty, 2016, that square measure 500 and 1,000 rupee notes they’ll accumulate within the bank and post workplace. From November ten to December 30, 2016 between the bank, the post workplace will collect notes.

The Prime Minister these days declared a serious speech within the country. Singh said, “the country to eliminate corruption and black cash has been discharged to require a strict Tdm. hour tonight 08/11/2016 500 and Rs 1,000 notes are lawfully invalid. Tonight the 500 and a thousand notes can stay mere items of paper. five hundred and a thousand. conjointly of note, like all the previous area unit valid. this might strengthen the fight against corruption. previous notes of Rs 500 and 1000 november 10, 2016 to thirty Gregorian calendar month 2016. The bank or the post workplace will submit. The fifty days time. cash to be paid would be in no hurry. “Singh same,” the necessity for pressing along with your valid card from a bank or post workplace to alter to the extent of Rs 4,000.

Singh said, “From the human perspective, some facilities ar being provided for traditional voters. Veterans’ Day, 2016 till hour hospitals hospital, railway, bus and airport price tag counter on the previous five hundred and Rs one,000 notes are valid. also gas pump to twelve pm on the night of Veterans’ Day, 2016 the previous 500 and Rs 1,000 notes are valid. ”

Singh said, “I share with you nowadays some vital decisions’ll share. once you gave US power in 2014 once the economy was specified I lost within the discussion is that the BRICS. You all the support and confidence within the world nowadays, India’s presence is flashing. These claims don’t Kawajh UN agency and therefore the World Bank is reverberative. Our government is devoted to the poor and can stay. With of these developments is that the key to any or all of our credo forever are. “

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