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It has reduced black money significantly. Especially for terrorist and militant groups - both Pakistan sponsored and home grown Naxalites. They are now being fo
by lenkite 10y ago
It has reduced black money significantly. Especially for terrorist and militant groups - both Pakistan sponsored and home grown Naxalites. They are now being forced to raid banks for new cash. The new notes are also much more difficult to counterfeit. That's two points crossed in your list.
- RealGeek 10y agoThey have been able to convert their cash to new Rs. 2,000 notes through the underhand deals with corrupt Government and Banking officials.