INDIA CURRENCY CRISIS - India Govt Bans 500 & 1000 Rupee Cash. Attempts To Stop Tax Evasion! WTF!
I NEED YOUR HELP! - Please Support Us, Become A Patreon & Get Extra Content http://www.Patreon.com/EliteNWOAgenda SUBSCRIBE to ELITE NWO AGENDA for Latest Updates - http://www.youtube.com/user/elitenwoagenda?sub_confirmation=1 INDIA CURRENCY CRISIS - India Govt Bans 500 & 1000 Rupee Cash. Attempts To Stop Tax Evasion! WTF! Indian banks are running out of replacement money after the government scrapped 86% of the cash in circulation last week. The BBC's Sanjoy Majumder travelled to northern Rajasthan to see how rural India, where cash accounts for almost all transactions, is coping. It is 05:00 in Kirdola village, some 400km (250 miles) north-west of the Indian capital Delhi. Winter is setting in and there is a sharp chill in the air. But very few people can be seen at the village square or the local teashop. The fields, which should be filled with farm labour at the onset of the sowing season, are empty. Why India wiped out 86% of its cash India's 'desperate housewives' scramble to change secret savings How India's currency ban is hurting the poor India's cash crisis explained Instead, the action has shifted to the local branch of the Bank of Baroda where, already, there are about 50 people standing in a queue. Many of them are squatting on the ground, huddled together to stay warm, men on one side, women on the other. I join some people who have started a little bonfire. British holidaymakers in India have been advised to use debit and credit cards instead of cash to avoid the chaos of the country’s ongoing rupee crisis. The Foreign Office has warned travellers that they face difficulties exchanging currency, withdrawing money and gaining change from small businesses, in the wake of Indian prime minister Narendra Modi’s shock move earlier this month to declare all 500 (£6) and 1,000 (£12) rupee notes invalid. India Cash Currency Banknote Rupee Rupees "India Rupee" People Crisis Ban "1000 Rupee" tax "tax evasion" economy life lifestyle food ATM Bank "Bank Account" Cashless Savings Farm Credit "Credit Card" Visa "India Visa" 2016 2017 money USD Tourism Tourist Rain Wealth Poverty Poor Supplies Prepare Community "New Deli" Indian Forex "Forex Trading" "tax free" "elite nwo agenda" jim rogers david icke alex jones gerald celente end game gold silver bullion sell buy bitcoin litecoin asset New 500 and 2,000 notes are in circulation but in short supply, while there is a 2,500 rupee per card per day limit on ATM (automatic teller machine) withdrawals. If you have debit or credit cards, use them instead of cash where possible,” said the Foreign Office, adding that tourists should be able to exchange “foreign currency or old notes of not more than 5,000 rupees into legal tender”. “If you’re exchanging money at a bank, take a form of photographic identification and expect long queues,” its updated advice stated. The move by the prime minister to scrap the 500 and 1,000 denominations was intended to crack down on corruption and illegal cash holdings but instead has spread panic across the country as millions of Indians found their money to be worthless within hours. People flocked to banks and ATMs to withdraw cash and exchange the old notes, with police called in some areas to manage crowds. Tourists in the country have described the situation to be “an absolute shambles”. It is estimated that half of the population does not have a bank account.
Comments
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good for indian。。。。industry time。 farmers go work in factroy。。。
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What an array of absolute morons in the comment section here. You all can go fuck yourselves and your illuminati brethren. As it is you have never considered India any more than a poor country of snake charmers. Why are you worried now? Ah, is the idea of being ruled over by brown people again troubling you? Because this is the shittiest propaganda against a good step, that I have come across.
This is a historic decision taken by our PM and with this he has fucked the gangsters, smugglers and corrupt bankers who were bathing in filthy ill-gotten money! The "poor Indian" you feel so sorry for is the happiest. India's corrupt opposition leaders and their business partners have been hit the worst. Islamic terrorism and Left-wing extremism has been completely killed and counterfeit currency blanked.
This video is as worse as CNN and BBC who show only one side of the story to suit their propaganda. Guess what, when it comes to Indian issues, you guys are as good as them.
Don't worry, this will only strengthen Indian economy and we will ensure that Indian emerges as the only superpower in 2030 courtesy being the only booming large economy and not to forget our minimum national debt. -
Fuck The NWO
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There is crisis in india.People are breaking in houses,looting shops, snatching gold.It is going down. Indian PM is moron.
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Modi kicked the poor people of India in the ass. Now India has a problem.
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I can't see this country ever becoming a major world power with all its economic and social (caste system) issues.
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This is either maniacally evil or the worst planning imaginable. I'm inclined to think the first.
I've been to India, and the people there already have it hard enough without the government making it worse. -
Dumb Government Decision. Yes, without Proper Preparation and Perfect Planning they did simply and illogically banned Currency notes. Dumb Government and Dumb Decision, and the result, Trading and Transactions are messed up and so the India's Trade Ratings.
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and they say this country is to challenge the return of China? LOL this have shown that no matter whose in charge india will forever be run by incompetent idiots.
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I see farmers and food sellers .... criminals?????
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Fuck the Indian Prime Minister for making poor people to suffer.
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Right it's all about politics and power, poor Indian, we love to have heroes, always love one man show, like to worship who promises miracles either politics, sports or religion. Only poor people who been saving in rural areas r screwed not rich.
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pachas di me kithna garib lok margayega
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This has the potential to backfire quickly. People will not expose themselves again, instead they will seek real money.
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Seems to me that it isn't to fight corruption. But rather to bankrupt the small Farmers so the big Corporate Farms can take over them.
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A method of population reduction.
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why didn't they print up new currency BEFORE they made the announcement?
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this is idiotic. how could they have come up with such a stupid plan? would that ever be done in the us? what would happen if in one day the US outlawed twenty and one hundred dollar bills?
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Anyone else think this is a preview of whats to come globally?
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