Five incidents which prove banning 500 1000 notes is a right decision

Five incidents which prove banning 500 1000 notes is a right decision
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After ban on the 500 and 1000 rs. notes by PM Modi on last Tuesday, everyone is questioning this decision. Also people are raising questions what would be the impact of the demonetisation. Here are 5 incidents which proves that the impact of this decision is very good. All black money of greedy people are getting wasted and they have to burn it or throw it in garbage.

52000 rupees found in Pune in garbage

A Garbage picker in Pune came across a bag full of Rs. 1,000 notes today, sum up to Rs. 52,000. The lady find this cash in a plastic garbage bag. She was so honest that she informed her supervisor and both together informed the police. Incident took place in one of the by-lanes of Law College Road in Pune. The lady name is Shanta Ovhal, she is working with Pune municipal corporation.

Sacks Full Of Burnt 500 And 1,000 Rupee Notes In Uttar Pradesh

Sacks full of burnt notes were found in Bareilly in Uttar Pradesh. The burnt Rs. 500 and Rs. 1,000 notes were reportedly brought in sacks and then dumped by workers of a company on Parsa Kheda road at CB Ganj in Bareilly. Police officials said the notes appeared to have been cut, damaged and then burnt.

Notes Of Rs. 500 And Rs. 1,000 Found Floating In Ganga

In Mirzapur notes of 500 and 1000, that found floating down the Ganga. The no-longer-in-use 500 and 1000-rupee notes were spotted by people bathing in the river in Mirzapur in Uttar Pradesh. The police arrived to check out the notes so did large crowds. Few people try to grab the notes but they found that notes were cut in to the small pices.

Sack full of burnt 500 1000 rupee notes found in titwala Maharashtra.

Man arrested in Jharkhand for stashing Maoist cash in bank

A man was arrested for trying to deposit Rs 25 lakh cash which was Maoist money, police said on Friday. Nand Kishore, a petrol pump owner from Bero situated on the outskirts of Ranchi, was arrested late Thursday. He was carrying the money to deposit it in a bank. Police intercepted Kishore while he was on his way to the bank. During interrogation, he admitted that the money belonged to banned Maoist organisation People’s Liberation Front of India’s (PLFI) supremo Dinesh Gope. Kishore was to deposit the money in his account in the name of petrol and diesel sale. After Rs 500 and Rs 1,000 notes were demonetised on November 8, All terrorist organizations are also trying to deposit their money in banks.

Above 5 incidents proves that so much black money is present in Indian market and this decision will bring this black money back in the system and also help reduce inflation.

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