Indian Pm Narendra Modi Abolishes 500 & Chiliad Rupee Banknotes Inwards A Bid To Struggle Terrorism Too Corruption
In a televised broadcast to the acre on Tuesday, Indian PM Narendra Modi announced that 500 in addition to G Indian rupee notes volition non move legal tender equally of midnight, calling the notes “just worthless slice of paper.” The motion is aimed at mitigating corruption in addition to invalidating counterfeit currency notes that are beingness used past times terrorist, "Black coin in addition to corruption are the biggest obstacles inwards eradicating poverty," said Modi. In his speech, Modi explained that counterfeit Rs 500 notes are widely used past times militants to fund terrorist activity, "Terrorism is a frightening matter ... But convey yous always idea most how these terrorists larn their money? Enemies from across the edge convey run their operations using imitation currency notes. This has been going on for years," explained Modi. The Indian Prime Minister said inwards his spoken language that Rs 500 in addition to Rs G currency notes ti