How denomination of 500 and 1000 rs note will affect the lifestyle of a common man?
How denomination of 500 and 1000 rs note will affect the lifestyle of a common man?
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PM Modi has given the biggest shock to the audience by announcing the denomination of 500 and 1000 Rs. note. This news has turned all the media attention from America’s president’s election to the black money curbing step of the Indian government. While the whole world is talking about this news, the common man is worried about how this decision will affect his lifestyle and how he would deal with the upcoming money matters?

As in India, more than 50% population comes under lower income group and most of them do not always put their complete earnings to the bank. At least for daily requirements, everyone keeps the basic amount of money with him/her and 500-1000 Rs. is not a bigger range of money. 500 Rs. is that little amount everyone keeps in their pocket. So with the banning of notes, there comes an uncertainty of money. Especially the news of the closing of ATM’s for next two days will create a problem to those who don’t keep extra money with them and depends on ATM transaction.

Well, the decision is taken for the good but definitely, it has made a bigger impact on the lifestyle of common people.

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