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

Why to burn it's better donate then to temple masjid or church or food bank or poor farmer
 
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Countries will be looking at this to see how Modi is received.

The threat of having millions of unclaimed income wasted overnight is an efficient step in legalizing an informal economy.

This demonetisation of the currency of these denominations was needed because the real problem was fake currency which were being printed in other countries and were being dump inside Republic of India.

Why to burn it's better donate then to temple masjid or church or food bank or poor farmer

majority of these currency are fake which have nothing to do with RBI .
 
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Why to burn it's better donate then to temple masjid or church or food bank or poor farmer

temple donations were diverted to politicians as well, but even that is now useless.
 
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http://www.thehindu.com/news/nation...-from-two-cars-near-nashik/article9356909.ece
Recovered cash in the form of Rs. 500 and Rs. 1,000 notes
Cash worth nearly Rs. 73 lakh in now-defunct denominations of Rs. 1,000 and Rs. 500 was seized from two cars near Nashik, police said on Thursday.

The police found Rs. 32,99,500 in one car proceeding to Kopargaon, Niphad police station in-charge Ranjit Dere said. And, another car — carrying Rs 40 lakh in cash — travelling to Vaijapur in Maharashtra’s Aurangabad district was intercepted, he said.

Following the cash seizure, the cars were impounded by the police, Mr. Dere added.
 
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Even in small towns, lakhs of rupees is being thrown out in open...

Field day for poor people...
 
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Even in small towns, lakhs of rupees is being thrown out in open...

Field day for poor people...
most of these burnt notes are fake currency and are burnt deu to fears of ever growing raids by CBI , CID , IN and IT sleuths which are and will remain in hyper active mode against blac money and fake currency hoarders for at least till 30th march 2017 ;)

Countries will be looking at this to see how Modi is received.

The threat of having millions of unclaimed income wasted overnight is an efficient step in legalizing an informal economy.
just for starting ever since 9th november 2016 close to 3.2 lakh corore ruppees in bieng deposited in varius banks deu to this step by modi govt so if i billon US dollars is 6780 corore rupees then 3.2 is close to 48 billon dollars and its not even half way mark and big fishes will only come forward when two weeks will remain from deadline till the they will keep trying to find "other ways" rest you can speculate yourself
 
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