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Blog Entry# 2060154
Posted: Nov 15 2016 (07:43)
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Last Response: Nov 15 2016 (07:43)
1 Responses
Last Response: Nov 15 2016 (07:43)
Commentary/Human Interest
Rang De Basanti^ 138872 news posts
NEW DELHI: Railways on Monday extended the use of defunct Rs 500 and Rs 1000 currency notes, which have been demonetised by the Modi government, to...
This step aimed to "help out" genuine persons facing shortage of the currency notes is a reaction of the media reports and is a double edged sword. Most likely more of the notes exchanges/deposits will be done indirectly by the black money hoarders using poor people to do it on their behalf, in exchange of a commission.