On 8th November the Prime Minister Narendra Modi announced the demonetization of Rs. 500 and Rs. 1000 notes. The benefits are immobilizing currency acquired as black money, elimination of counterfeit currency and terrorist funding through black money and counterfeit currency. The nation rose in support even though some political leaders opposed it.
PM Modi's address to the nation on demonetization of Rs. 500 & Rs. 1000 currency notes. (English)
8 November 2016
Bharatiya Janata Party
Demonetization of Rs. 500 & Rs. 1000 currency notes - PM Modi's Masterstroke Or Mayhem?
20 November 2016