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2000 note going to ban on 31 march

Posted on: 2017-01-26 03:25:45

D.Thomas Franco Rajendra Dev who is STATE BANK OF INDIA Executive Committee Member suspecting 2000 note will ban on 31 march.

Government’s move of introducing new currency notes was also to lead on people to convert black money into white in a very organised manner. But government had a different plan for people who converted their black money into white.

According to the reports received from various sources the government first issued Rs 2000 note and restricted supply of Rs 500 on purpose. Economist had advised Prime Minister that after banning of big currency black money hoarders will show interest in high denomination notes to convert their black money into white, when their money will be converted into white then he was advised to give another jolt to them by banning 2000 notes before black money hoarders could heave sigh of relief.

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Tags: 2000 ban, 2000 note going to ban on 31 march, Thomas Franco, D.Thomas Franco Rajendra Dev, black money, demonitization,

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