Prime Minister Narendra Modi took the nation by surprise on Tuesday as he announced demonetisation of Rs 1000 and Rs 500 notes with effect from midnight.
This major announcement will make these notes invalid and it’s being considered a huge assault on black money, fake currency and corruption.
PM Modi gave his first televised address to the nation and claimed that people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.
Check out twitter reactions regarding PM Modi’s surgical strike on black money:
Hats off @narendramodi ji. New india is born #JaiHind
— Rajinikanth (@superstarrajini) November 8, 2016
Really great move this to ban Rs.500 and Rs.1000 notes post midnight.
The timing and the secrecy, worth lauding.#NoToCorruption— Mohammad Kaif (@MohammadKaif) November 8, 2016
Modi played the TRUMP card
Poori India HILLARY hai #blackmoney #rs500 #rs 1000 #pmooffice— Abhishek Kapoor (@Abhishekapoor) November 8, 2016
In America they will count Votes.
In India count Notes.
Tonight just notice d houses that dont have lights off,Note Counting On.#BlackMoney— Virender Sehwag (@virendersehwag) November 8, 2016
Brilliant decision by @narendramodi to stop black money. Kudos to the government.
— Amit Bhargava (@bhargavamit21) November 8, 2016
Once again another #surgicalstrike on black money...#IndiaFightsCorruption ...
Keep on going @narendramodi— shivam rathore (@ImShivam684) November 8, 2016
Black Money Circulates Mostly In Rs 500 And Rs 1000 Notes. Now If They Go To Bank To Exchange To Rs 100 Notes, They'd Be Exposed.
— Real Indian (@Tarun_Pachauri) November 8, 2016
We salute @narendramodi for taking such a big step. This ni8 vl prove a nightmare for black money hoarders.
Black Money
Rs 500 and Rs 1000— 🇮🇳I LOV INDIA 🇮🇳 (@_ajaytiwari79) November 8, 2016
Rs 500, Rs 1000 notes won't be legal tender from tonight: PM Narendra Modi... Master stroke.. RIP black money
— Saleem Akhtar Aazmi (@SaleemAkhtarSam) November 8, 2016
No more Rs. 500 and Rs. 1000 notes.
Just Sensational. All politicians who have stacked black money in gunny bags can set it to fire now :)— Pranava (@pranavatandra) November 8, 2016
Check mate by Namo for black money hoaders.. bravados PM #ModiSarkar #BlackMoneyMatters @narendramodi salute to you sir.
— Mohit Sharma (@Mojitozz) November 8, 2016
Surgical Strike On Black Money Holders!#PrimeMinisterModi Says Rs 500 and Rs 1000 Notes Will Be Banned From Midnight.
Bold And Brilliant!— ராஜா â¤ðŸ”š (@Vimal78350433) November 8, 2016
Yes, it's inconvenient. But the move to ban Rs 500 and Rs 1000 notes will wipe out black money worth billions. Bold move, but a great one.
— Saan Isaac (@Saan_04Chels) November 8, 2016
This is India's 9/11.
Two #BlackMoney towers of Rs 500 and Rs 1000 have fallen.— Rishi Bagree (@rishibagree) November 8, 2016
You need "56 inch ka seena" to take the step like Modi took on Rs 500 and Rs 1000.
— EngiNerd. (@mainbhiengineer) November 8, 2016