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Indian 1000Rs and 500Rs notes banned from 08-Nov-2016

He already gave a chance to people with Black Money stashed to convert it into White Money by paying a fine of 40% to the Government and take 60% of the rest of money was white money.
That scheme ended in september Month.Those who converted Black money to white money during that period are safe.
The government was able to get back more than 10 billion dollars worth of disclosures from people in that period.

Now there is not chance for Black Money disclosure as the scheme ended already and he warned that scheme was a one time offer.


To counterfeit Currency you need the printing plates,machines,ink and whole other ingredients.
Pakistan got the printing machines and Indian Currency details which were sold during 1993 by Mumbai printing press buyed via Canada anonymously.
The new printing press is much more high tech with many features involved.That secret won't leak this time as its a state secret.


The new notes are rumored to have a newer technology incorporated with features like braille to make even the blind people able to differentiate between the currency notes.
There is a whole new system and technology in place now,which is hard to replicate.
Again, what makes you think new mints and plates can't be taken out again?.
We change our notes every once in a while too, does that mean no one can replicate them?.
Even blind people can tell between the value of Euros by their size among different things. Nothing new.
Have you seen the new bills?. Or are they yet to be distributed?
All in all, I'd humbly suggest you to keep Pakistan out of this. This is more of an inconvenience to the Indian rather than anyone else. Tend to those people who stuffed these notes in their mattresses as a lifetime of saving. Knowing poverty is rife in this region.
Good evening.
 
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Tend to those people who stuffed these notes in their mattresses as a lifetime of saving. Knowing poverty is rife in this region.
Good evening.
This move is to flush out those people who stuff these notes in there matteress. All that is the black economy. Etiher you reveal it and pay tax and penalty or it becomes noting but plain paper
 
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http://www.ndtv.com/india-news/pm-n...r-paytm-shameful-says-arvind-kejriwal-1623752

:rofl:
 
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Notes Ban: Anna Hazare Hails PM Narendra Modi's 'Revolutionary' Step, Kejriwal Criticizes It

NEW DELHI: Anti-corruption crusader Anna Hazare has lauded the Centre for its "bold and revolutionary" decision of demonetising Rs. 500 and Rs. 1,000 currency notes, saying it will curb black money.

"This revolutionary step will curb black money, corruption and terrorism (funding) to a large extent," Mr Hazare told news agency PTI.

"The previous governments never showed the will to crackdown on black money. The present dispensation has taken a bold step and this will strengthen the democracy," he said.


On the other hand, Aam Aadmi Party chief Arvind Kejriwal attacked Prime Minister Narendra Modi for demonetising Rs. 500 and Rs. 1,000 notes. He insisted that this won't curb black money.

Mr Kejriwal also went on to allege that the BJP and its "friends" were informed about the demonetisation of high value currency "a week before" the move was put in place.

Pointing out "discrepencies" in funding of political parties, Anna Hazare said the next course of action for the government should be to "clean up" the election process.
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"Now the government should accept the challenge to eliminate black money from the poll process and politics as well by bringing in large electoral reforms," he said, ahead of the Assembly elections scheduled in some states next year.

Mr Hazare alleged that almost all political parties accept huge cash donations for elections but furnish receipts (for amounts below Rs. 20,000) against donors to avoid coming under the scanner of Income Tax officials and RTI.

"Hence, it is time the government ensures transparency in the poll process to make it more credible," he said.

However, he cautioned that adequate safeguards need to be taken before ushering in the new currency regime.
http://www.ndtv.com/india-news/note...l-criticizes-it-1623922?pfrom=home-topstories

Now its clear that Kejriwal just used the old man , both have totally different agenda
 
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How Mayawati, Mulayam are trying to use demonetisation against Modi


Rattled by the demonetisation of rupee notes of denomination 1,000 and 500, politicians busy preparing for the 2017 electoral battle in India’s most populous state of Uttar Pradesh seem to be going berserk.

While there was much commotion in all political camps after the news, the Bahujan Samaj Party (BSP), which had to face the brunt of the landmark decision, is alleged to have come up with a unique formula to refill its coffers.

If insiders are to be believed, ticket aspirants who were understood to have shelled out a hefty “fee”, were now told to take back their money and replace it with either the new currency or gold or even diamonds.

The party, which commands unflinching support from the 20 per cent Dalit votebank and has ruled UP four times, is notorious for issuing party tickets strictly against a fee - ranging between Rs 50 lakh and Rs 4 crore - charged under the garb of donation to the party fund.

Since a large chunk of the party’s tickets for UP’s 403 state Assembly constituencies had been awarded months ago, the desired “fee” was naturally paid in the currency of the day.

But now that the same ceases to be legal tender, aspirants have been advised to take back their cash and replace it with the new currency or gold or diamond.


This followed a closed-door meeting convened by party supremo Mayawati at her 13-A Mall Avenue residence in Lucknow on Wednesday. A large number of ticket aspirants made a beeline for her opulent Rs 103-crore mansion built at government expense during Mayawati’s last stint as chief minister.

What was unusual about this meeting was that these aspirants, as well as other party leaders, were allowed to drive inside the bungalow in their respective vehicles - in a glaring departure from the past when no vehicle was allowed inside her driveway.


All visitors, irrespective of status or position, had to necessarily disembark outside her 18-feet tall boundary wall and go through the security drill before walking up to the imposing pink stone building, overlooking giant statues of her political mentor and BSP founder Kanshi Ram as well as her own.

These vehicles - believed to be carrying suitcases - were driven straight into the huge underground parking lot under the sprawling lawns from where they re-emerged at equal intervals.

Addressing a press conference earlier in the day, Mayawati expressed her chagrin while lambasting PM Narendra Modi for the demonetisation move and terming it as some kind of an “economic emergency”.

Condemning it as an “anti-poor” exercise, she accused Modi of misusing the measure as a political tool at a time when several states were ready to go to the polls.

“It is evident that such a step has been taken only after the ruling party’s next 100 years have been taken care of,” alleged Mayawati . She further sought to know that "if the PM was really so passionate about initiating action against black money, why was he sitting silent for two-and-a-half years?”

Interestingly, Mayawati’s bête noire, Samajwadi Party chief Mulayam Singh Yadav, came up with something even more amusing. “The Samajwadi Party has always been against black money; in fact our icon Ram Monohar Lohiaji was the first Indian politician to raise his voice against black money,” he claimed.

“But the manner in which the Modi government has taken this action smacks of BJP’s instinctive apathy towards the poor and the downtrodden who will be the worst hit on account of this move,” he told mediapersons.

“It is in the larger interest of the common man that I would like to urge the PM to review his decision and give at least a week’s time to the people,” Mulayam quipped.


The discomfort on account of Modi’s action, that took the entire nation by surprise, was writ large on Mulayam’s face. He refused to take any questions and insisted on sticking to his monologue , which included some words of concern for “poor farmers”.

Ironically, the SP government under his chief minister son Akhilesh Yadav are yet to declare the minimum purchase price for sugarcane even as the crushing season has begun in some 38 sugar mills across the state - reflecting his actual concern for the farmer.

Even more incredible was the remark of veteran BJP leader Lalji Tandon, who has had long stints as minister in different BJP governments over the years in Uttar Pradesh.

“It is a hard reality that most elections are fought with black money; you let me know one such case where black money has not been used in a poll,” Tandon told a national TV channel, while commenting on the PM's strike against black money. “Therefore, this action was bound to have its impact on the coming elections in Uttar Pradesh," he admitted.

As for the Congress, its leadership continued to insist on seeking an explanation from Modi on why he had not fulfilled his “promise” of transferring Rs 15 lakh into every Indian’s account after retrieving the country’s black money stashed in foreign banks?
 
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How the PM is making black money from poor Indian in commissions
All the bjp friends like ambanis Adanis and all business houses affiliated with bjp news and already took appropriate measures
Now we only see common people and small business men in the line of bank and marwadis jai hoo 200% commission taker.
And what happen to Swiss bank money when u r bringing back and making poor Indian rich .
 
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Again, what makes you think new mints and plates can't be taken out again?.
We change our notes every once in a while too, does that mean no one can replicate them?.
Even blind people can tell between the value of Euros by their size among different things. Nothing new.
Have you seen the new bills?. Or are they yet to be distributed?
All in all, I'd humbly suggest you to keep Pakistan out of this. This is more of an inconvenience to the Indian rather than anyone else. Tend to those people who stuffed these notes in their mattresses as a lifetime of saving. Knowing poverty is rife in this region.
Good evening.
We do know what you can print and what you cannot.we know your Capabilities, This is not 1993 Where you can rob the plates from Germany and Ink from Switzerland.
There are many Security features which you are unaware of and only the Bank tellers know it.

Euros don't have a BRAILLE IMPRINT! The new Indian Cash has BRAILLE IMPRINT so blind people can know what currency it is.

Already saw the new bills.
Do you think this announcement was all of a sudden? He started this program from the day PM MODI was elected.
You can read about his plan from Day 1. he took office t is now openly told in various articles,the secret is out now after 2 years.

This is just part of the many such changes he will bring in future. This was just STEP 1.
Which made Black Money Hoarders Paupers in just a few hours,some of them are burning those 500, and 1000 RS Notes while some are dumping them in sacks in garbage.

Why Pakistan has a Mint specifically made to print Indian Rupees for the past 10-15 years.
They will find it hard enough to replicate this note.

Common people are not afraid infact they are with PM Modi's decision.They are happy this is the biggest Decision that Happened Since India's Independence.The corrupt will have heart attacks,the honest ones will sleep a peaceful sleep knowing we have a Prime Minister whom we can look upto to deliver.
 
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How the PM is making black money from poor Indian in commissions
All the bjp friends like ambanis Adanis and all business houses affiliated with bjp news and already took appropriate measures
Now we only see common people and small business men in the line of bank and marwadis jai hoo 200% commission taker.
And what happen to Swiss bank money when u r bringing back and making poor Indian rich .
How are you feeling after DONALD TRUMP HAS WON? :)
 
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