Rs 500, Rs 1,000 notes declared illegal from midnight: Who said what

In a game changing move to curb the issue of black money, Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee currency notes will have no value from Tuesday midnight.

Updated: Nov 08, 2016, 21:06 PM IST
Rs 500, Rs 1,000 notes declared illegal from midnight: Who said what

New Delhi: In a game changing move to curb the issue of black money, Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee currency notes will have no value from Tuesday midnight.

Bharatiya Janata Party (BJP) president was all praise for PM Modi's move to crackdown on black money.

He said: Prime Minister's decision to discontinue Rs 500 and Rs 1000 rupee note will immensely help eliminating the corruption.

“The elimination of black money will help boosting the development with justice,” adding that “evil designs of anti-India elements who support terror on Indian soil, fake currency rackets and narcotics also stand thwarted today,” the BJP leader said.

Commenting on the announcement, Lt Governor of Puducherry Kiran Bedi tweeted, “Within Minutes some Filthy Rich have become Poor. Money under mattresses++ is mere paper.Times of Gunny Bags and Suitcases gone..! Jai Hind.”

Congress member Sanjay Jha slams PM's initiative to curb black money and ter,ds the move as another jumla.

Also Read: From midnight tonight Rs 500 and Rs 1000 notes will not be legal tender, says PM Modi

“Another cosmetic #Jumla from PM Modi; all those who have black-money do hawala transactions. Another political stunt pre-state elections. The fake , fraudulent approach to black-money is evident on the stunning silence of Mr Modi on #PanamaPapers. Another publicity/PR spin,” Jha tweeted.