Long queue of people are awaiting outside Bank's and ATM's to withdraw cash as Rs500 and Rs1000 note are scrapped by the government. As more than 80% of the money is ciculated through this amount the best decision to be made will be to withdraw these notes from circulating to stop black money.
As soon as the news came to rounds all the people rushed to BANKS and nearby ATM to withdraw money also as the Banks and ATMs are going to be closed for coming two days its not going to make any easy for them.
The news came out later today in the evening when PM Modi announced the news stating, "the notes of Rs 500 and Rs 1,000 will not be legal tender from midnight tonight and these will be just worthless piece of paper."
