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Denotified Rs 500/Rs 1,000 currency: What you can do

Updated On: 08 November, 2016 10:26 PM IST | | IANS

<p>Prime Minister Narendra Modi on Tuesday announced drastic measures to curtail black money, declaring Rs 500 and Rs 1,000 currency notes as illegal from midnight. A look at what it means for you and what you can do</p>

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Denotified Rs 500/Rs 1,000 currency: What you can do

Denotified Rs 500/Rs 1,000 currency: What you can do

Long queue outside ATM centre at Vile Parle in Mumbai on Tuesday, November 08, 2016 after Prime Minister Narendra Modi, in an unexpected address to the nation on Tuesday, said that the country was doing away with Rs 500 and Rs 1,000 notes in an effort to weed out corruption, black money and in turn poverty and terrorism. Modi said that the government believes the time has come to "take a strong decision" on tackling these problems, suggesting that counterfeit notes from across the border were being used to fund terrorism in India. PIC/RANE ASHISHLong queues could be seen outside ATM centres across Mumbai on Tuesday after Prime Minister Narendra Modi, in an unexpected address to the nation, said that the country was doing away with Rs 500 and Rs 1,000 notes in an effort to weed out corruption, black money and in turn poverty and terrorism. PIC/RANE ASHISH

New Delhi: Prime Minister Narendra Modi on Tuesday announced drastic measures to curtail black money, declaring Rs 500 and Rs 1,000 currency notes as illegal from midnight.

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