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What nobody is talking about here, is that this step also aims to hit hard on the fake currency [0] industry in neighboring countries, specially Pakistan and Ne
by shekhar101 10y ago
What nobody is talking about here, is that this step also aims to hit hard on the fake currency [0] industry in neighboring countries, specially Pakistan and Nepal. The new dimension and design of the note is to make the printing machines in these illegal mints obsolete. It's no surprise that the 2 month long 'agitation' in Kashmir came to a screeching halt this week. This step hits funding of terrorism in India hard, at least temporarily.
[0] http://thediplomat.com/2016/11/indias-fight-against-fake-currency/ http://thediplomat.com/2016/11/indias-fight-against-fake-cur...
- gnipgnip 10y agoThat's true. However, what's also not mentioned is that there isn't much preventing the counterfeiting of the current notes. See, http://greatgameindia.com/de-la-rue-blacklisted-company-pakistani-links-supply-rs-10-plastic-notes-india/ http://greatgameindia.com/de-la-rue-blacklisted-company-paki... http://greatgameindia.com/secret-world-indian-currency-printers-de-la-rue/ http://greatgameindia.com/secret-world-indian-currency-print... http://webcache.googleusercontent.com/search?q=cache:FLhDdjQ68bwJ:www.thehindu.com/news/national/demonetisation-of-rupee-notes-no-time-to-add-new-security-features-in-notes-says-official/article9335159.ece+&cd=1&hl=kn&ct=clnk http://webcache.googleusercontent.com/search?q=cache:FLhDdjQ... (Take conspiracies with a hint of salt; the cited links seem rather solid).
- shekhar101 10y agoThanks. BTW, what conspiracy are you talking about?