high denomination notes withdrawn Recently declartion of black money has ended with success as Govt, announced. The night announcement of P.M was a shock and master stroke of demonotisation. Wonder when people stock gold, diamonds and jewelry Imagine the price of gold skyrocketing immediately. Present times people hold some money i n high denomination for convenience and will be forced to worry. The reasoning of fake currency, funding of terrorism and arms Common people will hopefully will be spared the tensions. People who do not have bank accounts and there are other means wherby rich and filthy have a way out technically Notes will no longer be legal tender midnight on 8 Nov, Banks will be closed on 9 Nov. and ATM for two days. Time to deposit in Banks, Post Office till 31 Dec Exchange will be limited to Rs4000= for time being. The ensuing elections will be hit badly as money plays important role in elections. The short supply of new notes will create havoc in short run What one can do but bear it as there is no alternative, In days to come one can imagine the Q`s at Bank and post office Opposion parties are calling it a jumbla , a gimmick Nelson Lopes, Chinchinim
