Govt to now demonetise Rs 100/Rs 50 notes, seal bank lockers and freeze jewellery? Know the truth

The Narendra Modi government is trying hard to dispel myths.

New Delhi: After the Narendra Modi government took everyone by surprise when it demonetised Rs 500 and Rs 1,000 currency notes, a number of rumours are being spread regarding the next steps to be taken by the authorities to curb black money.

Rumours such as the government would now demonetise Rs 100 and Rs 50 currency notes, seize bank lockers have created panic among the countrymen.

However, the government is trying hard to dispel such myths.

Read the following tweets: 

1/n #DeMonetisationMythsBusted

MYTH: #DeMonetisation of 100 and 50 rupee notes soon!

REALITY: No such intention! pic.twitter.com/dE0FVi2Owg

— PIB India (@PIB_India) November 16, 2016

2/n #DeMonetisationMythsBusted

MYTH: News of #DeMonetisation was leaked!

REALITY: Complete secrecy! pic.twitter.com/1715QB4Z0s

— PIB India (@PIB_India) November 16, 2016

3/n #DeMonetisationMythsBusted

MYTH: Cost of #DeMonetisation too high

REALITY: Cost of black money is most to the common man pic.twitter.com/mT1T7qHcYV

— PIB India (@PIB_India) November 16, 2016

4/n #DeMonetisationMythsBusted

MYTH: People will find other means

REALITY: Close watch, legislative changes to check black money pic.twitter.com/BYwoitJwSj

— PIB India (@PIB_India) November 16, 2016

#DemonetizationMythsBusted (7/n) pic.twitter.com/4wgMoCU1bH

— MIB India (@MIB_India) November 16, 2016

#DemonetizationMythsBusted (6/n) pic.twitter.com/IVXjYWXb7O

— MIB India (@MIB_India) November 16, 2016

#DemonetizationMythsBusted (5/n) pic.twitter.com/0V7XaV14i8

— MIB India (@MIB_India) November 16, 2016