Must Watch | Excellent witty answer by PM Modi when asked reasons for demonetisation | Video
Prime Minister Narendra Modi has excellent sense of humour. When yesterday Modi was asked the reason for demonetisation and banning of large denomination notes of 500 and 1000 Rs, he explained it in a very simple manner and you can not stop smiling.
He explains it in such simple explanation when even the educated people are busy arguing over silly things instead of appreciating such simple logic. Take a look this small video posted on Facebook by poster, Shefali Vaidya
The announcement of withdrawal of Rs 500 and Rs 1000 notes has agitated a lot of people. So, if you are headed to the nearest bank branch to exchange or deposit your old notes. In a 40 minute long speech Prime Minister Narendra Modi announced the demonetization of existing notes of Rs 500 and Rs 1000 during a televised address.
Modi announced that the notes of Rs 500 and Rs 1000 “will not be legal tender from midnight tonight” and these will be “just worthless pieces of paper. PM also urged people to ‘join this mahayajna against the ills of corruption.
Who needs to worry?
Not the honest taxpayers. Even if you have Rs 10 lakhs as cash with you and you can prove its legitimacy, you don’t need to worry.
The surprise move by government is a disaster for people who have accumulated lakhs and crores of unaccounted cash under their pillows and mattresses. The winter is coming and these worthless pieces of paper can provide the corrupt some ephemeral warmth.