2000rs currency notes to be declared as invalid before 31st March
President of All India State Bank of India officers Association stated that there are good prospects of new 2000 rs currency notes are said to be declared as invalid before 31st March.
He stated that now public has moved into extreme hardships as the government stand to encourage upon cashless financial transaction and demonetisation effect. Only Corporate Organisations and Private Banks are said to move in action.
Central government has taken up a decision according to the reports submitted by private consulting company Boston. Its noted that most wealthy people have known in advance about demonetisation. As Prime Minister Narendra Modi explained that its no secret that there is no control over this.
25 percent of small scale entrepreneurs have lost their jobs. Central government is now struggling due to all wrong decisions. Its worthy that each and every transaction done through credit cards, banks must pay 48 paise per transaction for about 3 credit card agencies through Visa.
No charges for credit card usage to be permanent. This is said to be withdrawn in few months and banks to start charging for credit card usage. Defence industry Unions throughout India is said to be planned to organise a human chain against present.
There are many prospects at present that new 2000 rs currency notes are said to be declared as invalid before 31st March. He informed that autonomy of the Reserve Bank of India has completely disappeared.