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Saptari Killings was purely Human Rights Violation by the state

Rayznews reported " On March 5th four United Democratic Madhesi Front cadets have been killed in a firing by Police trying to dis...

Sunday, November 20, 2016

500 and 1000 INR worthless

The Indian 500 and 1000 notes has been a major issue of concern for all. It has been weeks that the Modi led government introduced the new notes abandoning the old Indian notes of 1000 and 500. As soon as the notes were declared obsolete the values of money were seen randomly  going down. 500 rupees were being exchanged for half. Even in Nepal the bank prohibited the exchange of acceptance of the 500 and 1000 notes but out they were exchanged for NRs 500 and Nrs 1000 easily out side in the black market. The fall of  money not only showed and proved value of black money.

I think the move made by the Modi led government is an excellency move to strength the economy but with limited resources and infrastructure its haunting the normal public. Modi jee if you want to control black money first you should also build a wall in Indo-Nepal border.  Most of the money that comes in Nepal is illegal through the legal way, the situation is so complex ounces the banks of Nepal starts to accept the old 500 and 1000 notes for exchange you will know why and how much INR is here in Nepal.




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