New White Revolution

Notes of Rupees 500 and 1000 not legal tender anymore, Photo By Mohsin Javed
The Prime Minister Shri Narendra Modi announced on Tuesday, 8 November 2016 the abolition of 500 and 1000 rupees bank notes from midnight, a dramatic moved aimed at stamping out corruption and draining illicit cash from the economy. 
The RBI will issue a new notes of 500 and 2000 Rupees later, Photo By Mohsin Javed 
The short notice sparked concern among people, and large queues were reported outside ATMs across India, as people rushed to withdraw smaller bank notes.
The announcement sparked rush at ATMs on Tuesday night as
 people jostled for 100 Rupee notes, at time leading to cashless, Photo By Mohsin Javed
The move could also inconvenience poorer people and families planning wedding, the season for which starts in days. 
The Reserve Bank of India (RBI) will issue a new 2000 and 500 Rupee notes later.