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Rs 500 and Rs 1000 notes scrapped: 3 simple infographics explaining move by PM Modi

Written by : TNM Staff

Prime Minister Narendra Modi has announced that Rs 500 and Rs 1000 notes will not be legal tender from November 9. Calling this a necessary step in the fight against corruption and black money, the PM said that the government will try its best not to inconvenience people with this move.

Why is this being done? What can you about this? The Digital India team has put out a few graphics on this. Have a look. 

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