Based PM Modi in his first direct address to the nation, cancels the denomination of 500 and 1000 notes effective immediately from midnight tonight.
New denominations traceable of 500 and 2000 to be introduced soon
Move to reduce the cash transactions in the country and to bring out people having black money in from of cash.
Move to affect the illegal trades (Drugs, Rackets)
People calling it a surgical strike on Black Money
>BASED PM MODI ENGLISH ADDRESS FROM 37:40
youtube.com
ddinews.gov.in
How long until this thread is also deleted, I wonder.
Don't care that much, so your thoughts Brether?
Interesting way to combat black market trade. Keep us posted, poobros.
Will sure do Shartbro! Hope you voted for Trump
I honestly don't know how this is going to affect the country. It came way too quickly and I can hear people running around in a panic, not fully grasping what it means for them. I'm just going over all the article I can find trying to understand how this would even help fight black money hoarders.
paperless money is just one more step towards the destruction of nationality
Tell me about it. my whole neighborhood is awake and my mom is panicking even though we don't have black money.
Also black money will sure be affected as bank accounts are all linked with Aadhar which will automatically flag large transactions to be investigated later.
I am more concerned by small stuff like buying milk, since I don't have smaller notes and we love our tea and banks are closed for 2 days, it going to be a nightmare
Didn't know that please care to elaborate
I don't think that's such a bad thing for us. Nationalism hasn't really done much besides give faggots here a misplaced sense of pride. I'd really love to see the country forced to take a long and hard look at itself and realize that it really is full of shit.
Is black money a big issue in India?
Everybody knows country is full of shit, it about you are ready to clean or help in cleaning the filth. I have heard the 'common man' how the country is all fucked up while all they want is to government to raise their family while they are allowed to fuck like rabbits
2% of all the world's black money is Indian, so yeah it is.
Is that the SCAT-SAT on the pink bill??
>my whole neighborhood is awake and my mom is panicking
Are you me? My mum was running around in a frenzy and calling friends to talk about it since she saw the news although her worry is more like to that of an armchair analyst's.
That's another problem. Family planning went to shit because of religious sentiments.
9.7 billion us dollars (650,000,000,000 INR) black money was disclosed this year in a scheme where people could make their black money white by just paying 40% of it in taxes, no questions asked
Nah, its the Indian Mars Orbiter
>Are you me? My mum was running around in a frenzy and calling friends to talk about it since she saw the news although her worry is more like to that of an armchair analyst's.
Couldn't agree more
Its not just about family planning, the most people I have seen whining about black money are the ones who either don't pay any taxes or don't earn enough to pay taxes
Most people in India think that a better successful life is a result of black money, especially the labor class.
People are more hyped for bringing black money because they somehow think that government will deposit 5 lakhs in each account
People spouting memes like transparency on the news has me cracking up. I still don't understand why we're getting a 2k note.
>SCAT-SAT
faece in space??
You can not control your transactions. You have no secrets.
>I still don't understand why we're getting a 2k note.
Neither can I. Just saw people chanting Modi Modi in an ATM line with joy and over hype on Zee News
test
>people chanting Modi Modi in an ATM line
Is he our Trump?
The story develops:
How commie-socialists starved over 5 billion humans in the world.
welp, I actually have nothing to say, feels good I am not range banned atm.
Superpower 2030.
Dunno but he will definitely make India great again.
Go back China
Cashless India is a distant dream, India just do a 460$ billion a year off the book cash transactions
Yup
5 billion?
>Go back China
pretty rich coming from one of the few countries actually shittier than china
At least we can open our eyes properly, slanty gook
>make India great again
I'll believe that once Pokolistan has been mindbroken so hard that they change their flag to an ahegao.
you can open your eyes, but still cannot poo in loo?
I know its too much to ask but I want pic related minus mudslimes
Neither can you, at least 14 million of you
that seems like an incredibly stupid and irrelevant way to combat drug trade
Cut it out faggots. We finally have a thread where we can keep up a discussion about this. Don't get it deleted with your shit-flinging.
>could sort out the sanitary issue by making designated shitting streets illegal
>nah I'll just fuck around with the money
Working with an Indian execution centre everyday I now fully understand why your country is such a goddamn clusterfuck
Whats so bad about "off-the-book"?
I think it's something like this
>People who hoarded black money have to put it in banks
>This income now they have to show on paper
>They will have to pay tax on it then
Don't know why were getting 2k notes though. Maybe because thousands are more counterfeit and commonly used probably
>imokaywiththis.jpg
Just leave the Chritians holy sites for us plox.
It's one of the biggest problems, all memes aside. Sanitation, culling the population and changing the education system should be our priorities but I ask too much of my country.
Let us assume a Drug lord has 1 million INR, he will be having them in denominations of 500 and 1000 as drugs are expensive.
Now from midnight tonight, that 1 million INR is just paper unless he deposit it in bank, which are linked to his biometric ID
hmm
What you talking about? Our courts have given permission to beat people defecating in open.
Indian bros
I'm moving to India by Feb 2017 and wondering if a white man who speaks fluent English can get a job?
I just danced in the streets with a loud dhol. People in my colony (Mumbai suburbs) are fucking ecstatic. Most are upper middle class.
It helps people to avoid taxes and hide their actual income
Feel like 2000 notes are a lollipop to keep people calm. oh looks hoq pretty the purple note is. Ohh interesting
What sort of creds do you have? There's little to no discrimination against whites here but expect to be ripped off at every turn if you don't have a friend to help you get settled.
There are very few dirty toilets in Taiwan.
>Neither can you, at least 14 million of you
what did he mean by this?
>A world where India controls all of Asia except for some reason Japan, South Korea, and Russia
lol gl m8y
>stupid and irrelevant
welcome to india thread
you know, I just wanted to make a nice little pun, indians are annoying as shit and your social problems are just fucking dumb, but I don't really care because you very rarely fuck up my life. But this guy wants to shitpost, and there isn't a country alive that india doesn't lose to.
Because it doesn't have anything to do with drug trade, but rather "free trade".
Whether the PM realizes it or not, it's just another step toward realizing the globalist's agenda.
But that said, it will have some marginal affects on drug trade.
Done. You have ave them.
Yup, try metropolitan like Delhi and Mumbai and don't forget to buy a gas mask (for both the cities)
Kek. For cancelling 500 and 1000 notes?
so much poo in the loo
Nothing really besides IT. Was thinking of teaching English. Wife is Punjabi so I'm moving to Punjab.
Drug trade can still thrive. It's the illegal land trade that he's trying to hit.
What is so bad about someone deciding to use their "share of taxes" as they see fit?
>that 1 million INR is just paper unless he deposit it in bank, which are linked to his biometric ID
you know what happens in reality, right?
>drug lord gives the currency to others in exchange for new notes/other denominations/foreign currency.
>drug lord keeps most of his money and anonymity
>others make a modest profit on his losses
>In the future, drug lords don't trust domestic currency
>moving to a LITERAL HOLE OF SHIT is better than living in Canada
>mfw
Try Chandigarh, and if you have a Masters degree or PHD, apply for a professor Job.
For a developed country not so much, for a developing country taxes are very important
It won't kill the drug trade it will marginally effect it especially local dealers (we grow our fare share of illegal drugs)
Excluding Lebanon, Jordan Vietnam Thailand, Armenia and Georgia that would probably be a good thing in the long run.
What exactly in IT? I've seen quite a few whites when I was with IBM and they were all pretty neat fellows. With the kind of education you guys get, you should be able to land a pretty good job with them. Just be ready to deal with the incompetent fucks in IBM's India division.
No one cares about your irrelevant shit country with your shitskin race of rats.
Fucking disgusting faggots.
How is it a step towards globalist agenda?
...
I recently visited Londonistan and literally found Delhi better than it. Sorry mate, but you fucked your capital big time, Its like visiting a brown country.
White man who speaks fluent English here. Been working in India as a co founder for a year and a half. Leaving because Indians are lazy and can't be trusted or relied upon for anything.
Plus they can't afford to keep me and I got a good offer from back home.
India is not based. It's full of wasted potential.
Point noted.
Calm down Ahmed
Go back to india, you don't belong in anglo land you shitskin faggot.
>Proposed NanoGPS Trackers
What the shit,our nation is now a elite Spy organization.
>shit-flinging
>no loo-pooing
tragic
yeah, the huge costs that recalling all of certain denomination has across an entire country is probably not worth it for whatever marginal effect it has on slightly lowering drug profits. sounds like it's good for Modi's approval ratings though, which seems like a much more plausible reason than "uh, make drug lords lose a little money I guess??"
No masters. Just went for trades and paramedic. Going to India as Canada sucks. Don't want to be professor. Either give private lessons or work for some agency that teaches. Wife was offered a job making 1.3K CAD a month doing that.
...
Calm down pajeet, go take your futile politics elsewhere.
I'll take that as a compliment.
that's because you are stupid
>Leaving because Indians are lazy and can't be trusted or relied upon for anything.
How have you found business negotiations with Indian companies? Or do you do all your work i18nly?
Oh go back to your maga or I'm with her threads. You're throwing around more shit than any pajeet ever could. If you claim to be superior, act the part.
They call it black money because it's smeared in shit, yes?
only tangentially related but why did Chinese ATM stop distributing 20 and 50 bills ?
It's a pain for the cute cashier to buy a 6 RMB drink with 100 元
Why there is a difference between developed and developing country in importance of taxes?
All the money is stolen anyway.
>Futile politics
>Own Nation is like one day away fro getting royally fucked
>mfw
>A thread where it's not all about Europeans and Americans
>I can actually learn something about another country that isn't a thread filled with 'POO IN LOO'
Also I am perfectly okay with this map.
Question to Pajeets here:
Is there any sort of initiative to begin curbing urban pollution? Or is the Indian government too preoccupied right now with other things?
[spoiler]Also thank you for speaking English, I hate having to depend on google translate for other threads.[/spoiler]
If the government has no money to develop with, development will stop and that country would remain a developing country.
Hey india, in the 3rd note, is that thing a toilet?
I assume it's mostly a matter of convenience, that and 100RMB already being pretty fucking low. Here in Taiwan, most ATMs only give out 1000NT bills (a few with 100NT); when I was in Korea, most machines seemed to only get out 10k KRW (although the ones I usually used gave out 50k bills). I imagine the cost of operating machines with multiple types of bills has marginal costs in stocking, manufacture, and maintenance that banks don't deem worthwhile.
From what I have observed, we have a "family planning" thing. But it's just lip service because the Hindus and Muslims are in a race to see who can shit out the most babies and the government is too scared to act against it for fear of losing votes because they hurt religious sentiments.
>Hey Favela,is your reply a broken,failed,near poverty filled nation w/ large crime rate?
Do you think that might have a chance to change depending on the course of US Politics? Like, if Trump were elected what are the chances your government would grow some balls to deal with the muzzie threat?
If development stops, entropy takes over.
Why do you think that government in some distant memeverse somehow develops something better than the individual who actually owns the product of his labor?
Probably, like the Philippines, in part a measure to reduce the influence of (government connected) Chinese Meth gangs.
If this doesn't work, time to go full Duterte.
>Modi calls Obama motherfucker when?
estonia, show us one country that is wealthy, technologically advanced, culturally relevant or generally just not a shithole and didn't have a fuckton of government intervention and spending in its economy to get it there
As far as I have heard Indian/Republican relationship is pretty good,besides India is United States' biggest ally in S.E Asia.So there wouldn't be any need for getting squared up.But there is a large (but under equipped) Armed Forces and a okay Nuclear arsenal.
Stop being a faggot
Nah. India can't afford to antagonize the muzzies. Our economy is heavily dependent on the people in the gulf countries and that would dry up if we kicked then all out
Switzerland and Monaco
Mopping up money from the system
Inflation much?
Yeah Huma being tied to Pakistan basically guaranteed the Indian vote here
Well the last thing I want is nukes to be flung around.
Can't you still segregate or contain the threat to ghettos or something? Really fucking wish there was a way to denounce or remove islam, but it sucks that they're so heavily tied into your economy.
our internal muzzie threat isnt that significant because they were never migrants like the eu and us are facing. the only thing that can keep the muzzies in check is nationalism and patriotism. Most muzzies here gel very well with the rest of us. We have a good mix of Hindus, Muslims, Christians, Sikhs, Jains, Buddhists and Persians. In metropolitans, you'll see people from different groups celebrating each other's festivals and shit. The thing with black money is that we are a very rich country, but since most of the cash is undocumented to avoid taxes, the govt faces trouble in developing basic health care and infrastructure. Our PM is like a well spoken and more focused version of Trump. If Trump wins, I guarantee that Modi and Trump will have really good relationship as both share same views
Every move you make tracked by your cell phone, every transaction on a digital ledger. All your cash becomes a number in a computer than they can remotely freeze and sieze for any reason or no reason.
The government has no business knowing how I spend my money and they shouldn't have the power to destroy my savings at a push of a button.
Banknotes, even very small ones can be transacted and laundered. They are often preferred for illicit activity.
This solution will only be temporary. They will come for smaller denominations. Eventually they will determine any unit of currency poses a risk and will go fully digital.
Criminals will switch to gold, and it will be almost impossible to track them.
>war on cash
>good
Enjoy your subservience.
Pura gaand maar di marwari aur gujju o ki...
After 8.30 even McD was not accepting 500 notes
Indian Allahu-Akbar population is nearly 120 Million,we cannot contain it.It would be a big shit show.
And India's major political deciding factors are Religion and Caste.
But if you want to really destroy Islam,India should become the Fourth Reich and we got the genes and the number of goosesteppers.
Opening a Private institute to teach English, now you are talking real money.
We have family planning of having only 2 children but its not forced on people. Also government is more focused on building 100 smart cities for expanding urban population
Who will build roads, rails, public transport, provide security, ensure cheap water and keep retards from rioting because they suck at life