Share this post

user icon

Live

People Reading

This story now

How PM Modi Kept His Masterstroke Of Ban On Rs 500 & 1000 A Secret?

How could PM Modi have remained so tight-lipped? How come there was no air of such a move earlier? Why was it intentionally announced in the late hours? How come even the cabinet ministers did not know about this announcement.

No one had an iota of the idea about this ground-breaking news. The citizens of India could not believe their ears when they heard the news to ban Rs.500 & Rs.1,000 notes. How did PM Modi manage to achieve all this? That too, with such credibility and finesse? Surely, the game-changer move has swept the nation off its feet.

Read on to find how cleanly this move was planned.

How PM Modi Kept His Masterstroke Of Ban On Rs 500 & 1000 A Secret?

How PM Modi Kept His Masterstroke Of Ban On Rs 500 & 1000 A Secret?

754 396
  in Desi

The cabinet ministers were advised not to carry mobile phones to the...

The cabinet ministers were advised not to carry mobile phones to the...

Cabinet meetings, only a few weeks ago. There was a circular issued to all the personal staff of the cabinet ministers for this move. This breakthrough was aimed at not disclosing the news earlier, even by few minutes.

While addressing his cabinet ministers on Tuesday, PM Modi...

While addressing his cabinet ministers on Tuesday, PM Modi...

Made sure that the news doesn't leak out before his speech ends. And he took all possible measures for this, leaving no stone unturned. As always, he was successful at this too.

The demonetization plan was known only to the Cabinet ministers.

The demonetization plan was known only to the Cabinet ministers.

All the members at the time of the meeting in the room had to be in quarantine. They were not allowed to leave before the speech was over. Not even the RBI officials, nor the ministers were permitted to step out. 

PM Modi went to meet President of India, Pranab Mukherjee...

PM Modi went to meet President of India, Pranab Mukherjee...

After 7.30 P.M. in the evening to inform him about the demonetization decision. One of the ministers said, "We just got some indication 10 minutes before the meeting started. It was a bold step by the government. All ministers remained in the meeting hall from 6.45pm to 9pm until the PM's address to the nation ended."

Were the ministers aware of what the meeting was about, earlier?

Were the ministers aware of what the meeting was about, earlier?

No, the cabinet ministers did not know about the declaration of the ban. They were under the idea that there will be a meeting on the MoUs between Japan and India.

The time of declaration of the ban.

The time of declaration of the ban.

Intentionally the meeting was planned for the late evening to ensure that there is no chance for a leak of the news. Also, the RBI board met at around the same time in order to facilitate the discussion.

Arun Jaitley, the Minister of Finance of India has addressed the nation.

Arun Jaitley, the Minister of Finance of India has addressed the nation.

He has stated guidelines and also answered many questions of the common people. One common issue he addressed was the savings that housewives and farmers keep at home. He has assured them that they can deposit them, provided they are within limits.

Mr. Jaitley has also stated that...

Mr. Jaitley has also stated that...

There is no problem in depositing upto 2.5 lakhs rupees, but beyond that would attract a penalty of 200%. Moreover, there will be an eye of the Income Tax department on the people who deposit more than 2.5 lakh rupees.

Hats off to PM Modi for bringing out this trailblazing move in the name of patriotism. Bharat Mata ki Jai!*Pride*

Did PM Modi surprise you positively?

others like

Loved this? Spread it out then

comments Comment ()

Post as @guest useror
clear

clear
arrow_back

redo Pooja query_builder {{childComment.timeAgo}}

clear

clear
arrow_back

Be the first to comment on this story.

Report

close

Select you are Reporting

expand_more
  • +2351 Active user
Post as @guest useror

NSFW Content Ahead

To access this content, confirm your age by signing up.