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Ban of 500 and 1000 notes... What is d way ahead

All 500 and 1000 notes declared not valid tonight 12 onwards.. Announced by PM..
Throw some light on this issue..

Comments

  • Such sudden shocks to economy are not good at all.
  • Such sudden shocks to economy are not good at all.
    Absolutely right, the decision should be taken in a phased manner. I doubt whether it would be easy to implement.
  • Such sudden shocks to economy are not good at all.
    Absolutely right, the decision should be taken in a phased manner. I doubt whether it would be easy to implement.
    Second surgical strike on Black money and fake currency..yes there are some shocks to Economy in the short run..but overall a bold move in d long run..
  • A lot of positives but I hope it is not going to be a mohd bin tughlaq moment for our honourable PM.There is going to certainly be some negative fallout to for the people and the govt.Wish I had time to dig deeper into this :/
  • Ban 1000 denomination notes and introduce 2000 denomination notes, interesting...
  • Already a thread on this by @dragonborn . Please continue there. :)
This discussion has been closed.

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