Demonetisation of currency News
Jaitley said that demonetisation is a very big decision and government has exhibited great courage by going ahead with it.
Terming the decision to demonetise Rs 500 and Rs 1,000 currency notes to be a good idea, Infosys’s co-founder Narayana Murthy has said that the execution of the same is flawed.
As rush in banks and ATMs due to demonetisation continues, government employees belonging to Group-C have started receiving Rs 10,000 in cash as advance of their salary for the month of November.
A decision regarding the same might be announced before November 24.
Here are few myths and realities regarding demonetisation that you should know.
Both Centre and the RBI cautioned people on Friday not to panic and have some patience days after the demonetisation decision was announced.
Panic-stricken citizens queued outside banks, post offices and ATMs across Gujarat on the second consecutive day to get new currency notes in exchange for their now defunct bills following Centre's move of demonetising Rs 500 and Rs 1,000 notes.
A day after PM Narendra Modi called for demonetisation of Rs 500 and Rs 1000 notes to put an end to the menace of black money floating in the country, several Bollywood biggies expressed their opinion on social media handles.
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