Methods people used to convert their money to white
I am back with some exciting stuff . The great move made by our PM Modi has influenced everyone. Though it is for the welfare of the people many people are not understanding its importance.
- Every year 100% 500 and 1000 notes that RBI makes. In result it turns out to be 109% . Terrorist communist uses that 9% to buy weapons and to handle all their expenses.
- Our Indian rupee note is made using cloth . Yes cloth not paper containing pulp of cotton. It cost was very expensive. It was to reduce its cost.
Also read : Benefits of removal of 500 and 1000 notes
When there is a salvation, criminal runs for their dark shelter. But when shelters are destroy they try to find alternatives. The same thing happened when our Prime Minister banned the currency notes of INR 500 and 1000.
Though it was a plan against black money, many people react in a quick way. Even after such a drastic step by our Prime Minister o rectify all the black money, people ended up doing some crazy stuff to save it.
The most powerful business due to this currency ban turned out to be for the money exchange shops in old Delhi. The shops which used to convert foreign currency and buy broken and damaged currency notes ended up changing the banned notes for change at high cost.
The currency denominations of INR 10, 50 and 100 are exchanged from the banned currency notes at a cost of INR 7000 against INR 5000.
An India TV reporter visited the old Delhi market to see if this news was true or not. IT was shockingly true. There were shops from small to big ones doing the same business.
And guys this is my personal request to please cooperate with him. He too could have been like other corrupt Ministers but he choose to bring a change.